In testimony before the U.S. House of Representatives, the Mortgage Bankers Association’s president and chief executive officer outlined his group’s position on the Obama Administration’s package of Federal Housing Administration reforms.

He told lawmakers that the administration seeks to give FHA the authority to nationally suspend a lender based of the performance of one of its regional branches.

But he said FHA needs to think twice before making such a move.

He also warned about an across-the-board decrease in FHA loan-to-values.

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