MBA Coronavirus Resource Center Update
The MBA Coronavirus Resource Center has been updated and can be accessed at https://www.mba.org/news-research-and-resources/mba-coronavirus-(covid-19)-updates/mba-coronavirus-(covid-19)-resources.
This Resource Center includes information from health/disease control agencies, recommended business continuity plans, relevant information from financial regulatory agencies, as well as guidance on how companies should communicate with employees, their customers and the public.
MBA recommends members carefully review the updated Interagency Statement on Pandemic Planning issued by the FFIEC agencies in 2007 in response to the outbreak of the avian flu. While this document was developed with banks in mind, MBA believes that it can also be used as a guide for nonbank financial institutions in setting their own policies and procedures.
The Department of Health and Human Services and the Centers for Disease Control and Prevention (CDC) have developed a Business Pandemic Influenza Planning Checklist that identifies important, specific activities businesses can do now to prepare in the event of an outbreak.
MBA encourages its members to work with community planners to integrate their pandemic plans into local and state planning, particularly because the industry’s operations and services are deemed to be an essential part of the nation’s critical infrastructure or key resource.
MBA Postpones Capital Markets Summit
The Mortgage Bankers Association has postponed its Capital Markets Summit, scheduled Apr. 23 in New York, amid concerns over the coronavirus pandemic. Registrants will receive additional information very shortly.
MBA continues to evaluate other upcoming conferences, including the April MBA State & Local Workshop and MBA National Advocacy Conference in Washington, D.C.; the MBA National Secondary Market Conference & Expo in New York (May 17-20) and the MBA Commercial/Multifamily Servicing & Technology Conference in New Orleans (May 17-20).
MBA Staff to Test Telework Friday Mar. 13
The Mortgage Bankers Association’s physical offices in Washington, D.C., will be closed on Friday, Mar. 13. MBA will test its telework system on Friday. MBA employees, phone numbers and emails are scheduled to work as always.
