MBA Urges Senate Passage of FY2020 THUD Appropriations

With the Senate expected to vote today on a key HUD fiscal 2020 appropriations bill, the Mortgage Bankers Association sent a letter to Capitol Hill urging the bill’s passage.

MBA Advocacy Update

Last week, Consumer Financial Protection Bureau Director Kathy Kraninger gave her semi-annual report before the House Financial Services Committee and the Senate Banking Committee. And the Financial Accounting Standards Board announced that it will delay the implementation date of the Current Expected Credit Loss standard for small public companies and private companies.