A key figure at the Mortgage Bankers Association (MHI) has expressed support for increased government intervention in the mortgage industry, but has raised concerns over potential language used by the Department of Housing and Urban Development (HUD) that may create tension with private sector partners. The official’s comments come amidst ongoing discussions about the role of government in shaping mortgage policy and ensuring stability in the housing market.

Key points from the text:

– MHI leader welcomes government involvement in mortgage industry
– Concerns raised about HUD verbiage potentially alienating private partners
– Comments made in the context of ongoing discussions about government’s role in mortgage policy and housing market stability

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