While issuance of qualifying MBS can improve liquidity, and thereby increase capacity for lenders that make home mortgage loans to LMI borrowers, some stakeholders have expressed concern that MBS purchases may be undertaken in lieu of other more impactful community development financing activities that may require greater effort.
-9Finally, the ANPR seeks feedback on extending to CDFIs the status that is extended to Minority Depository Institutions, women-owned financial institutions, and low-income credit unions. Such an approach would effectively give banks CRA consideration for loans, investments, or services in conjunction with a CDFI anywhere in the country.