MBA Advocacy Update June 27, 2022

Last week, the House Financial Services Committee once again considered down payment assistance legislation targeted toward first generation, first-time homebuyers. On Tuesday, MBA and the National Fair Housing Alliance announced a new online toolkit for mortgage lenders interested in developing Special Purpose Credit Programs.

MBA Advocacy Update Tuesday June 21, 2022

On Wednesday, FHFA published its 2021 Annual Report to Congress, which provides details on the Agency’s activities over the course of the past year, including its actions as conservator of Fannie Mae and Freddie Mac.

MBA Advocacy Update June 12, 2022

On Wednesday, FHFA released the GSEs’ Equitable Housing Finance Plans for 2022-2024. Also last week, the Senate Banking Committee advanced the nominations of Michael Barr to be the next Federal Reserve Vice Chairman for Supervision, and Jaime Lizárraga and Mark Uyeda to be SEC Commissioners.

MBA Advocacy Update June 12, 2022

On Wednesday, FHFA released the GSEs’ Equitable Housing Finance Plans for 2022-2024. Also last week, the Senate Banking Committee advanced the nominations of Michael Barr to be the next Federal Reserve Vice Chairman for Supervision, and Jaime Lizárraga and Mark Uyeda to be SEC Commissioners.

MBA Advocacy Update June 6 2022

MBA sent a letter to the FDIC Friday on its climate risk management principles for financial institutions. On Tuesday, MBA and the Housing Policy Council responded to HUD’s proposed 40-year modification, which would increase the maximum allowable term for an FHA-insured loan modification from 360 months to 480 months. And recently, FHFA finalized two rules related to the Enterprise Regulatory Capital Framework for Mac the GSEs.

MBA Advocacy Update June 6 2022

MBA sent a letter to the FDIC Friday on its climate risk management principles for financial institutions. On Tuesday, MBA and the Housing Policy Council responded to HUD’s proposed 40-year modification, which would increase the maximum allowable term for an FHA-insured loan modification from 360 months to 480 months. And recently, FHFA finalized two rules related to the Enterprise Regulatory Capital Framework for Mac the GSEs.

MBA Advocacy Update May 31 2022

On Wednesday, the Senate voted 49-46 to confirm Sandra Thompson as the Director of FHFA. On Tuesday, MBA sent a letter to the chairs and ranking members of the House and Senate Appropriations Committees, highlighting MBA’s views on the real estate finance industry’s priorities within the T-HUD appropriations bills for FY 2023.

MBA Advocacy Update May 31 2022

On Wednesday, the Senate voted 49-46 to confirm Sandra Thompson as the Director of FHFA. On Tuesday, MBA sent a letter to the chairs and ranking members of the House and Senate Appropriations Committees, highlighting MBA’s views on the real estate finance industry’s priorities within the T-HUD appropriations bills for FY 2023.

MBA Advocacy Update May 16, 2022

On Wednesday night, Julia Gordon was confirmed by the Senate to be the Assistant Secretary for Housing and FHA Commissioner at HUD. MBA President and CEO Bob Broeksmit, CMB, penned a new blog post discussing how policymakers can empower mortgage lenders to deliver more relief to borrowers.

MBA Advocacy Update May 16, 2022

On Wednesday night, Julia Gordon was confirmed by the Senate to be the Assistant Secretary for Housing and FHA Commissioner at HUD. MBA President and CEO Bob Broeksmit, CMB, penned a new blog post discussing how policymakers can empower mortgage lenders to deliver more relief to borrowers.