Fannie Mae and Freddie Mac are currently under scrutiny as Congress begins to debate GSE reform. 

The Community Home Lenders Association chimed in this week, adding their thoughts on what should happen to Fannie and Freddie.

The association is pushing for an ongoing government guarantee.

Additionally, CHLA said the government could prevent conflicts of interest between guarantors and lenders by prohibiting private sector entities from steering loans to affiliates that originate mortgages.

Meanwhile, the association said, "In GSE reform, risk sharing must be structured properly or small and mid-sized lenders could disappear, hurting consumers."

Each point of caution that the CHLA emphasized follows the associations belief that the nation’s housing markets are best served by a broad and diverse range of mortgage loan originators.