A delegation from the Mortgage Bankers Association of America met last month with senior management at Fannie Mae and Freddie Mac to discuss the trade group’s aggressive new policy statement on the business activities of the two government-sponsored enterprises that encroach on the primary market. The MBA’s position is outlined in an issue paper, "Defining the Boundaries of GSE Activity," that was released in October. The product of year-long deliberations by an MBA task force,