The Mortgage Bankers Association sent a letter this week to House leadership, urging support for legislation that would allow more appraisers practicing in the field today to become eligible to conduct real estate evaluations on properties subject to mortgages insured by the Federal Housing Administration.
Tag: Bill Killmer
MBA Advocacy Update May 17, 2021
MBA held its annual National Advocacy Conference this week, the largest advocacy event of the year focused on key issues facing the real estate finance industry. Thank you to all the registrants for getting involved and ensuring your voice was heard during the many “face-to-face” conversations with lawmakers on both sides of the political spectrum.
MBA Advocacy Update May 17, 2021
MBA held its annual National Advocacy Conference this week, the largest advocacy event of the year focused on key issues facing the real estate finance industry. Thank you to all the registrants for getting involved and ensuring your voice was heard during the many “face-to-face” conversations with lawmakers on both sides of the political spectrum.
MBA Letter Offers Recommendations on 2 House Bills
The Mortgage Bankers Association, in a May 12 letter to House Financial Services Committee leadership, expressed concerns with two bills currently under the Committee’s consideration and offered recommendations to improve those bills.
MBA Advocacy Update May 10, 2021
On Wednesday, Fannie Mae and Freddie Mac published a lender letter and bulletin, respectively, providing more details on the new refinancing option for low-income borrowers announced last week by FHFA. Also last week, FHFA announced finalization of a proposed rule that would require the GSEs to develop resolution plans, or “living wills.”
MBA Advocacy Update May 10, 2021
On Wednesday, Fannie Mae and Freddie Mac published a lender letter and bulletin, respectively, providing more details on the new refinancing option for low-income borrowers announced last week by FHFA. Also last week, FHFA announced finalization of a proposed rule that would require the GSEs to develop resolution plans, or “living wills.”
MBA Advocacy Update Apr. 26, 2021
On Wednesday, the 11th Circuit Court ruled that using a vendor to generate a letter to a debtor violated the FDCPA’s prohibition on disclosing a consumer’s debt to a third party. Also last week, the House passed H.R. 1395, the Housing Financial Literacy Act of 2021, and H.R. 1532, the Improving FHA Support for Small-Dollar Mortgages Act of 2021.
MBA Advocacy Update Apr. 26, 2021
On Wednesday, the 11th Circuit Court ruled that using a vendor to generate a letter to a debtor violated the FDCPA’s prohibition on disclosing a consumer’s debt to a third party. Also last week, the House passed H.R. 1395, the Housing Financial Literacy Act of 2021, and H.R. 1532, the Improving FHA Support for Small-Dollar Mortgages Act of 2021.
MBA Letter Outlines Support, Concerns for Housing-Related Bills
Ahead of a House Financial Services Committee markup session Tuesday, the Mortgage Bankers Association sent a letter expressing support–and concern–for several bills under the Committee’s consideration.
MBA Advocacy Update: Apr. 19, 2021
On Thursday, the House Financial Services Committee held hearings on the LIBOR transition and laying the groundwork for parts of President Biden’s $2 trillion infrastructure proposal. MBA also issued a MAA Call to Action last week in response to the implementation of the product caps placed on Fannie Mae and Freddie Mac by the Senior Preferred Stock Purchase Agreements.