MBA Lends Support for Bill that Would Curb IRS/Treasury Account Queries

The Mortgage Bankers Association sent a letter of support this week To Sen. Tim Scott, R-S.C., who introduced a bill would prevent the Internal Revenue Service and the Treasury Department from imposing unusual reporting requirements on financial services providers to track and submit customer account information.

MBA Expresses Support for Bill that Would Curb IRS/Treasury Account Queries

The Mortgage Bankers Association sent a letter of support this week to Sen. Tim Scott, R-S.C., who introduced a bill that would prevent the Internal Revenue Service and the Treasury Department from imposing unusual reporting requirements on financial services providers to track and submit customer account information.

MBA Advocacy Update Oct. 25 2021

On Monday, in remarks given at MBA’s Annual Convention and Expo 2021, FHFA Acting Director Sandra Thompson announced two steps to advance housing sustainability and affordability.

MBA Advocacy Update Oct. 25 2021

On Monday, in remarks given at MBA’s Annual Convention and Expo 2021, FHFA Acting Director Sandra Thompson announced two steps to advance housing sustainability and affordability.

MBA Advocacy Update Oct. 18, 2021

Last Tuesday, the House passed a short-term debt ceiling extension, and President Biden signed the bill into law Thursday. The temporary increase in the debt limit will allow the U.S. Treasury Department to continue funding the government’s financial obligations through December 3.

MBA Advocacy Update Oct. 11, 2021

On Thursday, the Senate Banking Committee held a nomination hearing for Alanna McCargo to be President of Ginnie Mae. Earlier last week, HUD issued an advance notice of proposed rulemaking on its process for transitioning away from the use of LIBOR for FHA-insured ARMs. And late Thursday, congressional leaders reached agreement to temporarily raise the statutory federal debt limit.

MBA Advocacy Update Oct. 11, 2021

On Thursday, the Senate Banking Committee held a nomination hearing for Alanna McCargo to be President of Ginnie Mae. Earlier last week, HUD issued an advance notice of proposed rulemaking on its process for transitioning away from the use of LIBOR for FHA-insured ARMs. And late Thursday, congressional leaders reached agreement to temporarily raise the statutory federal debt limit.

MBA Advocacy Update Oct. 4 2021

On Thursday, House and Senate lawmakers passed, and President Joe Biden signed, a continuing resolution ahead of the Sept. 30 government funding deadline to avert a shutdown. Also on Thursday, the Senate voted 50-48 to confirm Rohit Chopra as the next CFPB Director.

MBA Advocacy Update Oct. 4 2021

On Thursday, House and Senate lawmakers passed, and President Joe Biden signed, a continuing resolution ahead of the Sept. 30 government funding deadline to avert a shutdown. Also on Thursday, the Senate voted 50-48 to confirm Rohit Chopra as the next CFPB Director.