In response to new capital rules that federal regulators proposed last month that could affect mortgage origination and the treatment of mortgage servicing assets, Andy Duane spoke with the American Banker on how these rules could impact potential borrowers.
“With potential borrowers already facing record high interest rates, steep home prices, and supply-chain issues, increased fees and scarcity of bank lenders could be another brick in the wall stopping Americans from obtaining meaningful homeownership and wealth creation,” Duane said.
The full piece can be found here.