Letter of Fixing Housing Access Act

On June 1, 2018, SFIG sent a letter to Congressmen Gottheimer and Zeldin of the House Financial Services Committee to express our support of the Fixing Housing Access Act of 2018. SFIG believes that this legislation will increase the stability in the securitization markets and help provide Americans with access to low-cost funding, while ensuring that law enforcement agencies have the appropriate legislative tools to combat waste, fraud, and abuse. 

The bill resolves issues with the False Claims Act and the Financial Institutions Reform, Recover, and Enforcement Act, by honing these legislative tools for our modern housing marketplace and providing additional safeguards to prevent the misapplication of the statutes in context of mortgage insurance claims. 

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