In this interview David Lykken talks with David Stevens and Jim Parrott about their perspective of what can be expected from Calabria’s leadership as he enters the Federal Housing Finance Agency.

If you haven’t read the article written by Jim Parrott, be sure to do that, it’s a very detailed article worth the time to read and pass along to colleagues in the mortgage industry.

Here’s how the article by Jim starts:

The most important question in housing policy heading into the new year has nothing to do with interest rates, housing supply, or home sales. It’s what kind of director of the Federal Housing Finance Agency (FHFA) Mark Calabria will be.

The article goes on to detail how Calabria could reduce Fannie and Freddie’s footprint:

In reducing Fannie and Freddie’s footprint, he would have four levers to choose from: loan limits, pricing, loan products, and the credit box. The challenge would be finding a combination that constrains Fannie and Freddie’s footprint without pushing the lost lending either over to the Federal Housing Administration, which would simply move taxpayer risk from one government pocket to another, or out of the market altogether, which would be too economically disruptive.

If you’re in the mortgage industry, this is one of those must-read articles. Be sure to pass it along to any of your colleagues.

If you’d like to reach out to David Stevens or Jim Parrot, you can email David Stevens or Jim Parrott for further discussion.

If you’re interested in knowing more about who David Lykken is interviewing, you can check out LinkedIn for more details about Jim Parrott and David Stevens.

Resources Mentioned in this Interview:

1. Article by Jim Parrot: What to expect from Calabria’s leadership of the Federal Housing Finance Agency

2. Interview with David Stevens from Lykken on Leadership.