The Mortgage Bankers Association recently took 13 of its members around Washington to visit officials from the Treasury, Federal Reserve, Government National Mortgage Association, and Federal Housing Finance Agency. The topic: the warehouse lending crisis and its impact on consumers and non-banks. MBA chief John Courson said he thinks that regulators understand the dire nature of the warehouse lending crisis, but immediate help may not be on the horizon. MBA hopes that regulators will cut the risk weighting on warehouse loans but accomplishing such a task could prove difficultâ¦
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