Mortgage Bankers Association (MBA)

Will allow GSE's borrowers facing financial hardship to defer up to six months of mortgage payments. 

In letter to SEC, MBA says proposed rule on conflicts of interest is overly broad.

The MBA's Market Composite Index increased 2.9% on a seasonally adjusted basis.

Rate-sensitive housing market buckles up after the Fed tries again to slow the economy.

MBA said it expects mortgage rates to decline later this year.

Increase came as mortgage rates decreased for the second week in a row.