“MBA has long been a proponent of adequate funding for staffing, project management and potential improvements that would allow the agency to better manage its operations and the risks associated with its Mutual Mortgage Insurance Fund." --MBA Senior Vice President of Legislative and Political Affairs Bill Killmer, in an MBA letter to House appropriators in support of the Fiscal 2021 T-HUD appropriations bill.

The home building market continued to show signs of sharp recovery from the coronavirus economy, the Mortgage Bankers Association reported this morning, with June mortgage applications for new home purchases increasing by 54.1 percent from a year ago and by 20 percent from May.