BlackRock Managing Director, Kevin G. Chavers testified before the U.S. House of Representatives Committee on Financial Services Subcommittee on Housing and Insurance at the hearing entitled “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform.” SIFMA and its member firms, appreciate the attention being paid to housing finance reform and believe it is timely for Congress to move forward with meaningful reforms that protect taxpayers, ensure access to affordable housing, and maintain deep and liquid markets, including the preservation of a highly liquid To-Be-Announced Market (TBA).