Wall Street Heaps Blame on Calabria as Roadblock to Mortgage Aid

Bloomberg, Apr. 13, 2020–Elizabeth Dexheimer
Federal Housing Finance Agency Director Mark Calabria’s outspokenness has made him the brunt of industry rebukes. The Washington-based Mortgage Bankers Association, which lobbies on behalf of nonbank servicers and other lenders, blasted him in a press release last week after he said he hadn’t yet seen forbearance requests that were so alarming as to warrant a Fed rescue.