On Monday, FHFA published an RFI initiating a review of its regulations governing FHLB membership. In addition, HUD announced at MBA’s Servicing Solutions Conference significant changes to FHA’s Claims Without Conveyance of Title (CWCOT) program that have been a long-standing MBA priority.
Tag: Bill Killmer
MBA Advocacy Update
President Trump announced he will nominate Dana Wade to replace Brian Montgomery as FHA Commissioner. At the same time, MBA submitted a letter to Senate leadership in support of Montgomery’s nomination to be the next Deputy Secretary of HUD.
MBA Advocacy Update
President Trump announced he will nominate Dana Wade to replace Brian Montgomery as FHA Commissioner. At the same time, MBA submitted a letter to Senate leadership in support of Montgomery’s nomination to be the next Deputy Secretary of HUD.
MBA Advocacy Update
Last week, the Trump administration released its annual budget proposal for fiscal year 2021. In addition, Fannie Mae, Freddie Mac and Ginnie Mae announced a new certification requirement associated with submission of the Quarterly Mortgage Bankers’ Financial Reporting Form; and Federal Reserve Chairman Jerome Powell testified before the House Financial Services and Senate Banking Committees on current monetary policy and the state of the economy.
MBA Advocacy Update
Last week, the Trump administration released its annual budget proposal for fiscal year 2021. In addition, Fannie Mae, Freddie Mac and Ginnie Mae announced a new certification requirement associated with submission of the Quarterly Mortgage Bankers’ Financial Reporting Form; and Federal Reserve Chairman Jerome Powell testified before the House Financial Services and Senate Banking Committees on current monetary policy and the state of the economy.
MBA Advocacy Update
On Thursday Consumer Financial Protection Bureau Director Kathy Kraninger provided her semi-annual testimony before the House Financial Services Committee. During the hearing, Kraninger addressed questions regarding the “QM Patch” and HMDA reporting.
MBA Advocacy Update
On Thursday Consumer Financial Protection Bureau Director Kathy Kraninger provided her semi-annual testimony before the House Financial Services Committee. During the hearing, Kraninger addressed questions regarding the “QM Patch” and HMDA reporting.
MBA Year-End Advocacy Update
In 2019, with the confirmation of Mark Calabria to head the Federal Housing Finance Agency and the release of the Trump administration’s reform plans, housing finance reform took center stage again. Against that backdrop, MBA continued to assert its position as the thought leader on all elements of housing finance reform.
MBA Mortgage Action Alliance Issues ‘Call to Action’ on G-Fees Bill
The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a “Call to Action” yesterday urging its members to contact their House representative in support of a bill that would prohibit Congress from using Fannie Mae and Freddie Mac guarantee fees as a source of funding for non-housing related spending.
MBA Advocacy Update
On Thursday Congress passed, and the president signed into law, another short-term continuing resolution to fund the government until December 20. On Tuesday, the Federal Housing Finance Agency announced plans to repropose the agency’s rule on capital requirements for Fannie Mae and Freddie Mac in 2020. And this Sunday, November 24, the mortgage loan originator temporary authority law will go into effect.