MBA Urges The FHFA To Diversify FHLB System Membership

National Mortgage Professional, June 24, 2020–Navi Persaud
The Mortgage Bankers Association penned a letter to Federal Housing Finance Agency Director Mark Calabria urging the agency to expand membership in the Federal Home Loan Bank system. MBA wants captive insurers including mortgage REITs and independent mortgage bankers included in the membership.