MBA Leads Industry Groups in Submitting Comments Related to Basel III Proposed Rulemaking
The Mortgage Bankers Association last week led a group of housing and industry trade groups in submitting a comment letter highlighting critical concerns and recommendations related to the Notice of Proposed Rulemaking regarding the implementation of the final components of the Basel III standards.
HUD Secretary Fudge Willing to Examine Dropping Life-of-Loan FHA Coverage
At a House Financial Services Committee hearing Thursday, HUD Secretary Marcia Fudge suggested the agency would consider eliminating life-of-loan premium requirements for FHA-backed mortgages.
MBA Advocacy Update: Secretary Fudge Testifies Before HFSC; FSOC SIFI Designation Subcommittee Hearing
This week’s top legislative and policy news from the Mortgage Bankers Association.