Mortgage Bankers Association President David Stevens set off a firestorm of reactions after publishing a piece earlier this week regarding the MBA’s stance on GSE reform. Some in the industry accused Stevens of “flip flopping” when he said that he supports reforming Fannie Mae and Freddie Mac as opposed to eliminating them altogether. But Stevens was adamant in defense of the MBA’s position and took to Twitter stating, “It’s been our position for 2+ years.” Stevens noted in the article that conservatorship is not a long-term solution, and added that in the current state it may be the riskiest position of all. He said the GSEs don’t have the capital to withstand another housing downturn and taxpayers don’t want to be on the hook if the companies falter.