“We hope the entire industry gets behind this. It’s time for unity–if we are really here to help and serve others, why not come together when it is needed?”
— Fairway CEO and Founder Steve Jacobson on efforts across the industry to help areas affected by Hurricane Helene
The Federal Housing Administration posted a new draft Mortgagee Letter: Revised Cyber Incident Reporting Requirements on its Single-Family Housing Drafting Table. It provides updated requirements for when FHA-approved mortgagees must notify the Department of Housing and Urban Development when a reportable cyber incident occurs.
MISMO is calling for nominations for qualified industry professionals to serve on MISMO’s Standards Governance Committees for a two-year term beginning in January 2025. Positions are available on both the Residential and Commercial Standards Governance Committees.
Leadership of the CCMS Philanthropic Committee sat down with MBA NewsLink to discuss its changes and efforts.
Calmwater Capital, El Segundo, Calif., announced it provided Rhino Investment Group with $20.86 million in short-term, first mortgage debt for its acquisition of a grocery-anchored retail center in Cathedral City, Calif.
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Wednesday evening, the U.S. House and Senate passed an identical Continuing Resolution (CR) that averts a government shutdown and extends Fiscal Year 2024 funding levels through December 20, 2024.
MBA President and CEO Bob Broeksmit, CMB, issued the following statement regarding the Federal Housing Finance Agency’s announced re-proposal of amendments to its Suspended Counterparty Program (SCP) regulation:
MBA President and CEO Bob Broeksmit, CMB, issued the following statement on H.R. 9747, the “Continuing Appropriations and Extensions Act, 2025,” which includes a three-month extension of the National Flood Insurance Program (NFIP):
“A re-proposal is a smart move, and we commend FHFA for its receptiveness to our strong opposition to the initial proposal, which would have punished counterparties for potentially minor civil or administrative sanctions.” –MBA President and CEO Bob Broeksmit, CMB, discussing the Federal Housing Finance Agency’s announced re-proposal of amendments to its Suspended Counterparty Program regulation
