|
|
|
The Federal Housing Finance Agency issued its 2017
scorecard outlining specific conservatorship priorities for Fannie Mae,
Freddie Mac and their Common Securitization Platform. The scorecard focuses
on maintaining credit availability, reducing taxpayer risk, and further
developing the CSP infrastructure.
However, ICBA is concerned that the scorecard doesn’t mention rebuilding the government-sponsored enterprises’ capital, which is in violation of the Housing and Economic Recovery Act of 2008. ICBA also is concerned that a Treasury draw by one or both of the GSEs could destabilize the mortgage market.
--ICBA
|
St Casimirs Mortgage Minute. . . Help in navigating the mortgage application process. Get advice from Nelson Bayne, 410-342-1404 mortgage specialist with over 35 years of experience in the Baltimore metro area.
Friday, December 16, 2016
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment