The Mortgage Bankers Association (MBA), National Association of REALTORS® (NAR), and National Association of Home Builders (NAHB) sent a letter to the Board of Governors of the Federal Reserve System (hereinafter “the Fed”) to convey profound concern shared among our collective memberships that ongoing market uncertainty about the Fed’s rate path is contributing to recent interest rate hikes and volatility. The coalition also expressed concerns about the Fed's MBS holdings.
Coalition Letter to the Board of Governors of the Federal Reserve System Expressing Concern Over the Ongoing Market Uncertainty About the Fed’s Rate Path and MBS Portfolio
Issue Date: October 09, 2023
The Mortgage Bankers Association (MBA), National Association of REALTORS® (NAR), and National Association of Home Builders (NAHB) sent a letter to the Board of Governors of the Federal Reserve System (hereinafter “the Fed”) to convey profound concern shared among our collective memberships that ongoing market uncertainty about the Fed’s rate path is contributing to recent interest rate hikes and volatility. The coalition also expressed concerns about the Fed's MBS holdings.
Read the Letter