On Tuesday, HUD Secretary Ben Carson and FHFA Director Mark Calabria testified before the Senate Banking Committee about how their agencies are assisting homeowners and renters during the COVID-19 pandemic. On Wednesday, MBA along with several industry trade and housing advocacy organizations sent a letter to HUD on FHA’s new early payment forbearance policy.
Tag: Bill Killmer
MBA Advocacy Update: June 8, 2020
MBA remains actively engaged with decision-makers at all levels of government to help shape the response to the effects of the pandemic on the mortgage market. Last week, the Senate passed legislation that would ease restrictions on the SBA’s Paycheck Protection Program, which President Trump signed into law on Friday.
MBA Advocacy Update: June 8, 2020
MBA remains actively engaged with decision-makers at all levels of government to help shape the response to the effects of the pandemic on the mortgage market. Last week, the Senate passed legislation that would ease restrictions on the SBA’s Paycheck Protection Program, which President Trump signed into law on Friday.
MBA Advocacy Update: June 1, 2020
MBA remains engaged with key regulators, lawmakers, and stakeholders on top issues stemming from the COVID-19 pandemic. In response to member inquiries regarding the GSEs’ payment deferral options for borrowers in COVID-19 forbearance plans, MBA, along with counterparts from other national trade associations, developed FAQs following discussions with FHFA, Fannie Mae and Freddie Mac representatives.
MBA Advocacy Update: June 1, 2020
MBA remains engaged with key regulators, lawmakers, and stakeholders on top issues stemming from the COVID-19 pandemic. In response to member inquiries regarding the GSEs’ payment deferral options for borrowers in COVID-19 forbearance plans, MBA, along with counterparts from other national trade associations, developed FAQs following discussions with FHFA, Fannie Mae and Freddie Mac representatives.
MBA Advocacy Update
Last week, the Federal Housing Finance Agency announced temporary guidance from the GSEs to improve access to credit for borrowers who previously had entered forbearance. FHFA also released its highly anticipated proposal outlining a new capital framework for Fannie Mae and Freddie Mac.
MBA Advocacy Update
On Tuesday, the Federal Housing Finance Agency announced temporary guidance from the GSEs to improve access to credit for borrowers who previously had entered forbearance. On Wednesday, FHFA released its highly anticipated proposal outlining a new capital framework for Fannie Mae and Freddie Mac.
MBA Mortgage Action Alliance ‘Call to Action’ Urges Support of House Bill Supporting Access to Credit
The Mortgage Action Alliance, the grassroots advocacy arm of the Mortgage Bankers Association, issued a “Call to Action” yesterday urging its members to contact their House representative in support of legislation that would promote consumer access to credit during the coronavirus pandemic.
MBA Advocacy Update
Several updates pertaining to COVID-19, along with other industry activities, are included in this week’s communication. Please continue to stay safe during this time, and feel free to reach out to us if you have any questions or if there is anything we can do to be of help.
House Passes $3 Trillion COVID-19 Relief Package; MBA Letter Details Industry Priorities
The House on Friday passed a massive $3 trillion pandemic relief bill on Friday that includes several key housing provisions advocated by the Mortgage Bankers Association. Ahead of the bill’s passage, MBA provided House and Senate leadership with its legislative priorities for the next relief package for homeowners and renters dealing with the broad economic effects of the coronavirus pandemic.