MBA Urges FHFA to Maintain Current Servicer Compensation Model
By MBA -

WASHINGTON, DC – December 8, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today filed a comment letter with the Federal Housing Finance Agency (FHFA) in response to its “Alternative Mortgage Servicing Compensation Discussion Paper,” a September proposal to overhaul the mortgage servicing compensation system that has the potential to dramatically change residential servicing, origination, and secondary market operations.


More info...

SHARE
Avatar
MBA
http://www.mortgagebankers.org/

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.

Contact:

Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005

Phone: (202) 557-2700

RELATED ARTICLESMORE FROM AUTHOR

Previous articleADDRESSABLE DIMMING CONTROLS HELP BUILDINGS ACHIEVE LEED POINTS
Next articleTHE ISLES OF GATEWAY APARTMENT COMMUNITY SOLD FOR $16.82 MILLION