The policies under fire include a new capital rule for the government-sponsored enterprises (GSEs), called the Enterprise Regulatory Capital Framework (ERCF), and the controversial pricing adjustments to fees the GSEs charge lenders on single-family loans, or Loan-Level Price Adjustments (LLPAs).Thompson, however, defended the policies, contending that certain reports include incorrect or misleading information about the impact the policies could have on good-credit borrowers.
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