Washington, D.C., March 28, 2019 – SIFMA issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on housing finance reform:

“SIFMA has long supported comprehensive reform of the housing finance system that preserves the 30-year mortgage, maintains the immense benefits the TBA market provides to consumers, lenders, and investors, and promotes an active mortgage finance market outside of the government sector.  SIFMA commends the Administration and Congress for pursuing this important initiative and we look forward to working with them as they move toward a more permanent solution.”

After yesterday's housing finance reform hearing, we commended the Administration and Congress for pursuing this important initiative and noted our support for a comprehensive, permanent solution: https://t.co/HIsGwR7Wuf @BankingGOP @SenateBanking @MikeCrapo @SenSherrodBrown https://t.co/tgdmWS1akM

— SIFMA (@SIFMA) March 28, 2019

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SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry’s nearly 1 million employees, we advocate for legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.