Comment Detail
Date: 03/19/16 First Name: Eric Last Name: Esser Organization: Community Financial City: N/A State: N/A Attachment: N/A Number: RIN-2590-AA69 Comment
We have been selling mortgage loans to FHLBI for 10 years. It's been an extremely valued partnership. One of the items our organization struggles to understand is why employee loans are not accepted for sale. These loans are obviously scrutinized just as closely as any loan and we take steps to ensure against any conflict of interest. The fact that this rule includes non-executive staff, is most puzzling. Please consider a compromise to this rule to allow employee loans to be considered for sale to the MPP program.