The Senate Banking Committee yesterday approved Brian Montgomery’s nomination as HUD Deputy Secretary by a 20-5 vote.
Tag: Brian Montgomery
The Week Ahead
The Mortgage Bankers Association releases its quarterly Commercial/Multifamily Mortgage Debt Outstanding report this Tuesday, Dec. 10; its Weekly Applications Survey this Wednesday, Dec. 11; and its monthly Builder Applications Survey this Thursday, Dec. 12.
MBA Urges Banking Committee Support for Brian Montgomery HUD Nomination
Ahead of a nomination hearing this morning, the Mortgage Bankers Association urged the Senate Banking Committee to approve Brian Montgomery’s nomination as HUD Deputy Secretary.
The Week Ahead
The Mortgage Bankers Association this morning issued a White Paper on the commercial mortgage-backed securities marketplace. For more information, see the story in this morning’s MBA NewsLink.
FHA Actuarial Report Shows MMI Fund Capital Ratio at 12-Year High
FHA released its 2019 Annual Report to Congress this morning, showing the FHA Mutual Mortgage Insurance Fund–which fell to dangerously low levels earlier in the decade–rose to its highest level since fiscal year 2007.
FHA Actuarial Report Shows MMI Fund Capital Ratio at 12-Year High
FHA released its 2019 Annual Report to Congress, showing the FHA Mutual Mortgage Insurance Fund–which fell to dangerously low levels earlier in the decade–rose to its highest level since fiscal year 2007.
MBA Advocacy Update
This past Monday, President Trump announced that he intends to nominate Federal Housing Administration (FHA) Commissioner Brian Montgomery to be the next Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). Also, President Trump signed two Executive Orders on regulatory guidance issued by federal agencies. And the Treasury Department issued proposed rules to help ease the transition from the London Interbank Offered Rate (LIBOR) to other reference rates.