MBA Sends Letter to House Financial Services Leadership on Housing Package
The Mortgage Bankers Association sent a letter to House Financial Services Committee Chair French Hill (R-AR) and Ranking Member Maxine Waters (D-CA) ahead of a markup on the bipartisan housing package.
The letter commends the package that aims to expand and preserve housing supply, improve affordability and access, and bolster the oversight and integrity of federal housing programs.
It also noted MBA’s support for an Amendment in the Nature of a Substitute to the Housing for the 21st Century Act (H.R. 6644). “The proposal is designed to address the nation’s housing affordability challenges–problems that demand the focused attention of Congress and the federal agencies that regulate key aspects of the housing ecosystem. Both legislative and regulatory reforms are needed to appropriately improve affordability and address the nation’s housing supply shortage. Accordingly, MBA strongly supports the bipartisan consensus you have built on many of these issues in an effort to promote the enactment of workable solution,” the letter stated.
The letter also provided industry feedback on a number of specific sections of the AINS.
Additionally, MBA weighed in with support on H.R. 1078, the Respect State Housing Laws Act, and H.R. 5577, the NFIP Extension Act of 2026.
“Again, MBA supports the AINS to H.R. 6644 and urges an ‘Aye’ vote on its passage by all Members of the Financial Services Committee. Our association stands ready to collaborate with you to help advance the proposal (once reported) through the House–and ultimately help reconcile its differences with the Senate’s ROAD to Housing proposal (as crafted earlier this year),” the letter concluded. “Importantly, MBA also urges an ‘Aye’ vote on H.R. 1078 and H.R. 5577.”
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