The National Housing Conference (NHC) released a new white paper on housing finance reform that calls for bipartisan cooperation between Congress and the Trump administration to complete housing finance reform leading to the release of Fannie Mae and Freddie Mac from conservatorship. The paper was the product of the work of NHC’s Government-Sponsored Enterprises (GSE) Reform Working Group, convened over the course of the past year, which included a diverse membership of low-income housing advocates, industry groups and housing developers. The paper establishes seven conditions to guide administrative and statutory reform to ensure that the U.S. will have a well-functioning housing finance system that provides consistent, affordable credit to borrowers across the nation and through all parts of the credit cycle, while minimizing the risk of another taxpayer-funded bailout. The Trump administration’s housing finance reform plan, requested by President Trump in March, is expected to be released as soon as this week.