Members of the Housing Policy Council (HPC) are among the nation’s leading mortgage originators, servicers, insurers and data/settlement service providers. HPC believes a competitive marketplace, operating with regulatory consistency and market transparency, is the path to financial stability and sustainable lending practices. Our interest is in the safety and soundness of that system, the equitable and consistent regulatory treatment of all market participants, and the promotion of lending practices that create sustainable home ownership opportunities leading to long-term wealth-building and community-building for families. Members of HPC are committed to working together and with all other stakeholders to realize a housing finance system that expands opportunity, improves the customer experience, lowers cost, reduces uncertainty, and operates safely and soundly. Such a system will result in fewer defaults and more sustainable mortgage lending.