MBA, Trade Groups Support ‘Tough Legacy’ LIBOR Draft Legislation

The Mortgage Bankers Association and nearly 20 other industry trade associations sent a letter this week to House Financial Services Committee leadership in support of draft legislation that would address “tough legacy” contracts that use the London Inter-Bank Offered Rate, or LIBOR.

The Week Ahead—Apr. 12, 2021

MBA this week releases its weekly Forbearance & Call Volume Survey this afternoon at 4:00 p.m. ET; its Weekly Applications Survey on Wednesday, Apr. 14 (7:00 a.m. ET); and its monthly Builder Applications Survey on Thursday, Apr. 15.

The Week Ahead—Mar. 15, 2021

Capitol Hill is busy again this week. On Tuesday, Mar. 23, Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell visit (virtually) the House Financial Services Committee for a hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.

The Week Ahead—Mar. 15, 2021

Good morning! Another busy week is shaping up in Washington—on Capitol Hill and at the Mortgage Bankers Association.

The Week Ahead—Mar. 8, 2021

The Mortgage Bankers Association has a busy week. MBA releases its weekly Forbearance and Call Volume Survey today (Mar. 8) at 4:00 p.m. ET.; On Tuesday, Mar. 9, MBA releases its monthly Mortgage Credit Availability Index. And on Wed. Mar. 10, MBA releases its Weekly Applications Survey.

The Week Ahead—Mar. 1, 2021

Another busy week is shaping up on Capitol Hill. President Joseph Biden Jr.’s nominee for Director of the Consumer Financial Protection Bureau, Rohit Chopra, appears (remotely) before the Senate Banking Committee this Tuesday, Mar. 2. Also appearing is Gary Gensler, Biden’s nominee for the Securities and Exchange Commission.

The Week Ahead—Feb. 22, 2021

Good morning! It’s one month until spring—hang in there, Texas. Compared to recent events here in Washington, this week promises to be somewhat quieter. Or perhaps not.

MBA Letter Outlines Fiscal 2021 Budget Priorities

The Mortgage Bankers Association, in a Feb. 10 letter to the House Financial Services Committee, outlined several priorities it supports as the committee wrestles with its markup of the federal government’s fiscal 2021 budget.

The Week Ahead—Jan. 25, 2021

Good morning! Welcome to the first full week of business for the Biden Administration.