Mortgage Bankers Association
Mortgage Bankers AssociationSupportAdvocacy
Summary: The Mortgage Bankers Association (MBA) supports the proposed revisions to the risk-based capital framework, particularly the removal of the "gold-plating" surcharge for residential mortgages. However, the organization argues that the proposals should be further improved by reducing the risk weight for mortgage servicing assets (MSAs) to 100% and providing more favorable capital treatment for warehouse lines and private mortgage insurance (PMI).
Attached, please find comments submitted on behalf of the Mortgage Bankers Association. Thank you.