Two major mortgage lender trade groups and the Federal National Mortgage Association strongly supported the Office of Thrift Supervision plan to lower to 50% from 100% the risk-weight of certain multifamily housing loans and to expand the category of privately issued mortgage-backed securities eligible for such weighting. OTS regulations now permit the 50% weighting only for multifamily loans with five to 36 units. The Savings and Community Bankers of America, the Mortgage Bankers Association and the Fannie Maewere among the commenters favoring the changes.

The principal changes sought by commenters included:

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.