MBA Advocacy Update–Nov. 9, 2020

MBA continues to closely monitor the results of our national elections and will provide a more thorough analysis as remaining details are finalized. In addition, MBA is closely tracking three California ballot initiatives that impact the real estate finance industry.

MBA Advocacy Update Nov. 2, 2020

On Wednesday, HUD extended FHA’s appraisal and reverification of employment flexibilities through December 31. On Tuesday, MBA submitted comments in response to the proposed interagency flood insurance Q&A jointly issued by the OCC, the Federal Reserve, FDIC, NCUA and FCA. Also on Tuesday, MBA issued a call to action to MAA members in Pennsylvania urging Gov. Tom Wolf to approve legislation (HB 2370) that would permanently enable the use of RON in the state.

MBA Advocacy Update Oct. 26, 2020

On Monday at the MBA Annual Convention and Expo 2020, Federal Housing Finance Agency Director Mark Calabria announced a proposed rule regarding development of new products and activities by the GSEs.

MBA Advocacy Update Oct. 26, 2020

On Monday at the MBA Annual Convention and Expo 2020, Federal Housing Finance Agency Director Mark Calabria announced a proposed rule regarding development of new products and activities by the GSEs.

MBA Advocacy Update Oct. 19, 2020

On Tuesday, MBA submitted comments supporting the Federal Housing Finance Agency’s proposed rule to extend the current GSE affordable housing goals by one year to allow for a better assessment of the economic landscape. In addition, MBA is continuing to work with its state and local partner associations to advocate for extension of work-from-home guidance and “no action” letters permitting state licensed staff to work remotely during the pandemic.

MBA Advocacy Update Oct. 12, 2020

On Monday, MBA submitted comments to the Federal Housing Finance Agency in response to its Strategic Plan for Fiscal Years 2021-2024. The Strategic Plan includes several important reforms to the market conduct of the GSEs. And on Wednesday, the Consumer Financial Protection Bureau released new guidance on RESPA and marketing services agreements.

MBA Advocacy Update Oct. 12, 2020

On Monday, MBA submitted comments to the Federal Housing Finance Agency in response to its Strategic Plan for Fiscal Years 2021-2024. The Strategic Plan includes several important reforms to the market conduct of the GSEs. And on Wednesday, the Consumer Financial Protection Bureau released new guidance on RESPA and marketing services agreements.

MBA Advocacy Update Oct. 6, 2020

On Wednesday, President Trump and Congress agreed to a Continuing Resolution that funds the federal government through mid-December and reauthorizes the National Flood Insurance Program through September 30, 2021.

MBA Advocacy Update

On Wednesday, President Trump and Congress agreed to a Continuing Resolution that funds the federal government through mid-December and reauthorizes the National Flood Insurance Program through September 30, 2021.

MBA Advocacy Update

Federal Reserve Chairman Jay Powell and Treasury Secretary Steven Mnuchin testified before House and Senate committees regarding the government’s response to the COVID-19 pandemic. On Tuesday, the Federal Housing Finance Agency published its strategic plan for the years 2021 through 2024, highlighting the agency’s ongoing efforts to reform the GSEs and improve its own internal operations.