“While a revised capital framework for the GSEs is a necessary step to ensure their safety and soundness, we are disappointed with several aspects of the final rule…given that this rule will affect both the cost and availability of mortgage credit for borrowers, we believe FHFA should conduct a quantitative impact study to determine the full impact of the rule.”
–MBA President & CEO Robert Broeksmit, CMB, responding to a Federal Housing Finance Agency final rule on a capital framework for Fannie Mae and Freddie Mac.
