CHLA Backs FHFA rules on PMI Capital Requirements – Housing Wire 9/04/14

Cautions on how heavy the burden should be

 

September 4, 2014

by  Trey Garrison

From the above-referenced article in Housing Wire:  “The Community Home Lenders Association says it supports the Federal Housing Finance Agency’s objective of ensuring that private mortgage insurers have sufficient capital to meet financial obligations on GSE loans.  But the CHLA raises concerns that the specific proposed requirements should not be excessive in relation to the actual level of counter-party risk.”

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