The Mortgage Bankers Association (MBA) is asking the Federal Housing Finance Agency (FHFA)to assure lenders that their servicing contracts with the GSEs will not be repudiated in the event of their liquidation by the government.

In a new comment letter sent to the agency, MBA implores the regulator to keep existing GSE servicing contracts in place as a "precondition of any sale or transfer of MBS guarantee assets to a qualified purchaser."

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.