CMF Quote of the Week: Sept. 26, 2024

“A re-proposal is a smart move, and we commend FHFA for its receptiveness to our strong opposition to the initial proposal, which would have punished counterparties for potentially minor civil or administrative sanctions.” –MBA President and CEO Bob Broeksmit, CMB, discussing the Federal Housing Finance Agency’s announced re-proposal of amendments to its Suspended Counterparty Program regulation