This article is excerpted from a speech Mr. Johnson delivered to the annual convention of the Mortgage Bankers Association in San Diego.

There's a strength in the mortgage finance system - and it is one that is delivered directly by you. It's the strength that comes from the service mortgage bankers provide to consumers. You know who your customers are, and what they need. You know about the communities they live in, the industries they work in, the schools their children go to, and the neighborhoods they are a part of.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.