First Mutual Holding Co.
First Mutual Holding Co.SupportBusiness
Summary: First Mutual Holding Co., a federally-chartered multi-bank mutual holding company, supports the agencies' objective of strengthening the risk-based capital framework. They specifically advocate for adopting the LTV-based risk-weight framework for residential real estate, removing the mortgage servicing asset (MSA) deduction, and recognizing private mortgage insurance (PMI) as a credit risk mitigant.
See attached file.