The BAC urges legislators in your state to take immediate action to deliver relief to your state's local lenders, banks and credit unions by eliminating the 15 basis point charge. 

This discriminatory charge placed on third-party originated (TPO) mortgage loans restricts access to mortgage credit in our communities and limits independent mortgage brokers, who are the local mortgage experts, from serving a larger and more diverse population of your state homebuyers. 

Help us give local mortgage originators and homebuyers in your state relief from the 15 basis point charge imposed under the FHFA Capital Rule.