On Tuesday, the House voted to adopt a $3.5 trillion budget resolution framework for Fiscal Year 2022. Also on Tuesday, MBA submitted a joint coalition letter to HUD on its disparate impact rule.
Tag: Bill Killmer
MBA Advocacy Update Aug. 23 2021
On Wednesday, Senate Finance Committee Chairman Ron Wyden (D-OR) introduced a new bill that expands access to housing for first-time homebuyers and low-income individuals by investing in existing programs and establishing new tax credits geared toward renters and middle-income homeowners.
MBA Advocacy Update Aug. 23 2021
On Wednesday, Senate Finance Committee Chairman Ron Wyden (D-OR) introduced a new bill that expands access to housing for first-time homebuyers and low-income individuals by investing in existing programs and establishing new tax credits geared toward renters and middle-income homeowners.
MBA Advocacy Update Aug. 16 2021
Early Wednesday morning, the Senate voted along party lines to adopt a $3.5 trillion budget resolution framework for fiscal year 2022, another step toward the crafting of the actual tax provisions – including a possible minimum book tax that would impact mortgage servicing rights values – that will offset the cost of President Joe Biden’s broad infrastructure package.
MBA Advocacy Update Aug. 16 2021
Early Wednesday morning, the Senate voted along party lines to adopt a $3.5 trillion budget resolution framework for fiscal year 2022, another step toward the crafting of the actual tax provisions – including a possible minimum book tax that would impact mortgage servicing rights values – that will offset the cost of President Joe Biden’s broad infrastructure package.
MBA Mortgage Action Alliance Call to Action on Preserving Tax Policies in Infrastructure Plan
The Senate this week passed a massive infrastructure package. How to pay for it remains a sticking point; the Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, wants to make sure lawmakers preserve key tax provisions that enable the real estate finance industry to support their customers.
MBA Advocacy Update Aug. 9 2021
Last week the Senate Banking Committee held a hearing on several housing nominees, including Julia Gordon to be HUD’s Assistant Secretary of Housing and FHA Commissioner. In other FHA news, the agency released formal waivers of provisions in two recent Mortgagee Letters that would have required servicers to halt forbearance exit reviews and re-review borrowers that already have viable home retention plans in process.
MBA Advocacy Update Aug. 9 2021
Last week the Senate Banking Committee held a hearing on several housing nominees, including Julia Gordon to be HUD’s Assistant Secretary of Housing and FHA Commissioner. In other FHA news, the agency released formal waivers of provisions in two recent Mortgagee Letters that would have required servicers to halt forbearance exit reviews and re-review borrowers that already have viable home retention plans in process.
MBA Advocacy Update Aug. 2 2021
On Tuesday, the Conference of State Bank Supervisors finalized its model state regulatory prudential standards for IMB servicers. Also last week, the House passed a number of Fiscal Year 2022 funding “minibus” bills, including one containing robust funding for HUD. And Thursday, the House Financial Services Committee passed H.R. 4616, a LIBOR transition proposal, by voice vote.
MBA Advocacy Update Aug. 2 2021
On Tuesday, the Conference of State Bank Supervisors finalized its model state regulatory prudential standards for IMB servicers. Also last week, the House passed a number of Fiscal Year 2022 funding “minibus” bills, including one containing robust funding for HUD. And Thursday, the House Financial Services Committee passed H.R. 4616, a LIBOR transition proposal, by voice vote.