Joint Industry Consumer Group Letter on GSE Guarantee Fees in the Highway Bill

As Congress returns to Washington, and congressional leaders resume their negotiations for a long term transportation reauthorization, CFA joins other consumer organizations to request that Congress refrain from utilizing Fannie Mae and Freddie Mac’s (“the GSEs”) credit risk guarantee fees (“g-fees”) as a source of funding for any extension of highway programs or any other purpose beyond supporting the companies’ safety and soundness.