FHFA Seeks Comments on Borrower Questionnaire for NMDB
April 1, 2016
Comments are being vetted regarding a proposed survey to collect information from borrowers in the second quarter of 2016 that will be used in a report highlighting the GSEs’ mortgage activities. The Federal Housing Finance Agency’s American Survey of Existing Borrowers, formerly referred to as the National Survey of Existing Mortgage Borrowers, has drawn a some criticism from trade groups concerned about privacy violations. The survey questionnaire, a component of the larger National Mortgage Database project, will include about 90 questions designed to gather information from borrows about their mortgage experience and possible challenges. The NMDB is a multi-year joint effort between the FHFA and the Consumer Financial Protection Bureau.