(RECAP: Though recent MBS data indicates a slower spring buying season than many expected, the word on the street at FBR Capital’s second annual Housing Recovery Conference was relatively positive, especially regarding how policy in the sector is working to support home price appreciation and a recovery of the housing market. Leaders from federal housing agencies, Treasury, the Consumer Financial Protection Bureau, and industry executives discussed the current state of the housing market and policy efforts, and came up with four key takeaways.)