“The greatest asset [Fannie Mae, Freddie Mac and the Federal Home Loan Banks] have is their human capital, so executive compensation must be set at a level sufficient to attract and retain top-level talent. It also is critical that compensation programs, and in particular incentive structures within these programs, foster competitive, liquid, efficient and resilient national housing finance markets while affirmatively promoting safety and soundness objectives.” --MBA President and CEO Robert Broeksmit, CMB.

Loans in forbearance fell for the twenty-second consecutive week, the Mortgage Bankers Association said on Monday.