No Sense in Keeping the GSEs Undercapitalized
WASHINGTON, Dec. 15, 2014 /PRNewswire/ — The Community Mortgage Lenders of America (CMLA) today called on Treasury Secretary Jack Lew and chief GSE regulator Mel Watt to take immediate action to cure the under-capitalization of both the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (GSEs). In a December 10, 2014 letter to the Federal Housing Finance Agency …