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- Author(s): HEWITT, JANET REILLEY
- Source:
Mortgage Banking. Apr2015, Vol. 75 Issue 7, p24-25. 2p.
- Subject Terms:
- Additional Information
- Subject Terms:
- Subject Terms:
- Abstract:
The article presents views of Dave Stevens, president of the Mortgage Bankers Association of America (MBA) on the association's concern regarding the administrative support fee that the U.S. Federal Housing Administration (FHA) would charge lenders as included in the U.S. Department of Housing and Urban Development fiscal year 2016 budget. Topics include MBA's opposition to the fee, FHA generating billions in negative subsidy, and introduction of a new Democratic proposal in the U.S. House.
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