Fannie Mae-No Politics (FNMA)

[Dollars1]

"Last year, Stevens set off a firestorm with his remarks on minority borrowers. Soon after opening the conference last year, a Twitter war developed between Stevens and Josh Rosner, a well-known analyst at Graham, Fisher & Co. HousingWire publisher Paul Jackson recapped the Twitter war here.

Stevens also said last year that the government’s position in the housing industry hadn’t changed in four years.

“Here’s the problem. It is four years later and the government isn’t still just the backbone, but has become the entire central nervous system of the real estate finance market, Stevens said last year. “When the federal government is still backing nearly 90% of the mortgages made in today’s market, it’s apparent that the real estate finance system is stuck in the same place it was when I took this stage four years ago.”

Stevens is set to address the crowd at MBA Secondary at 8:30 a.m. Eastern Monday. "