Tuesday, February 06, 2007

Mortgage Bankers Association - "MBA Applauds FHA and GSE Reforms, Disappointed Over Other Key Provisions in Administration’s Proposed Budget On Housing Related Initiatives" (2-5-07)

"The Mortgage Bankers Association (MBA) expressed concern today over the Administration’s proposed budget for housing. MBA’s primary concern is that the budget not only imposes new taxes on homeowners and renters by increasing fees for key housing guarantee and insurance programs, it falls short on the need for structural, in addition to programmatic, FHA reform."

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