Capital Levels Are An Issue with Some, Not With Others

The Mortgage Leader, May 26, 2020
At MBALive, a remote event put on by the Mortgage Bankers Association, FHFA Director Mark Calabria underscored a point he has made numerous times over the last year. “We need to reform our mortgage finance system for the fundamental reason that we didn’t reform it after the last crisis. The root causes of the crisis, impudent credit risk backed by insufficient capital, were never fixed.”
https://themortgageleader.com/lending/capital-levels-are-an-issue-with-some-not-with-others/