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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.
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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.
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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.