MBA Advocacy Update July 18 2022

On Monday, MBA and a broad coalition of business interests sent a joint letter to congressional leaders stressing strong opposition to tax increases targeted at “pass-through” small business entities. Later in the week, Senator Joe Manchin (D-WV) also weighed in on tax matters, reportedly casting serious doubt on the future of tax provisions as part of any “slimmed-down” Build Back Better reconciliation package.

MBA Advocacy Update July 11, 2022

MBA submitted recommendations to the GSEs to improve their appraiser guidance for high-quality manufactured housing. Last week, the GSEs also announced they would once again begin engaging in bulk acquisitions of seasoned loans. And MBA issued a white paper examining how climate change is dramatically reshaping lenders’ and policymakers’ approaches to the U.S. residential and commercial real estate markets.

MBA Advocacy Update July 11, 2022

MBA submitted recommendations to the GSEs to improve their appraiser guidance for high-quality manufactured housing. Last week, the GSEs also announced they would once again begin engaging in bulk acquisitions of seasoned loans. And MBA issued a white paper examining how climate change is dramatically reshaping lenders’ and policymakers’ approaches to the U.S. residential and commercial real estate markets.

MBA Advocacy Update July 5, 2022

Last week, The Wall Street Journal published a letter to the editor from MBA President and CEO Bob Broeksmit, CMB, highlighting how Special Purpose Credit Programs are an effective way for lenders to help serve minority homebuyers safely and sustainably.

MBA Advocacy Update June 29, 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 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.