All Issues List
Have you read our new white paper, GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market?
This white paper presents MBA's recommended approach to GSE reform, the last piece of unfinished business from the 2008 financial crisis. It outlines the key principles and guardrails that should guide the reform effort and provides a detailed picture of a new secondary-market end state.
The punitive treatment of mortgage servicing rights (MSRs) under the Basel III risk-based capital standards threatens to undermine the value of this important asset, with adverse implications for the entire mortgage finance chain. Performance, capacity and service should be the primary drivers