Lenders Urge Biden to Remove GSE Cap on ‘High-Risk’ Loans

American Banker, Mar. 11, 2021–Hannah Lang (subscription)
Instead of imposing limitations on the high-risk loans Fannie and Freddie can purchase, the FHFA could have relied on its own capital framework and supervisory capabilities to ensure the safety and soundness of the companies, said Pete Mills, senior vice president at the Mortgage Bankers Association.