Good morning! By this coming weekend, the strangest spring in memory will give way to…probably the strangest summer in memory.
Tag: House Financial Services Committee
The Week Ahead: June 8, 2020
Good morning! Welcome to Month Four of the Coronapocalypse. This afternoon, the Mortgage Bankers Association releases its weekly Forbearance & Call Volume Report at 4:00 p.m. ET; MBA NewsLink will provide a special afternoon issue with the results.
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 Vice Chair Kristy Fercho Testifies Before House Subcommittee on Industry’s COVID-19 Response
Mortgage Bankers Association Vice Chair Kristy Fercho testified Friday before a House subcommittee on the real estate finance industry’s response to the coronavirus pandemic, saying mortgage servicers adapted to changing customer needs quickly and asking Congress to give the industry additional flexibility to address evolving market conditions.
MBA Vice Chair Kristy Fercho Testifies Before House Subcommittee on Industry’s COVID-19 Response
Mortgage Bankers Association Vice Chair Kristy Fercho testified Friday before a House subcommittee on the real estate finance industry’s response to the coronavirus pandemic, saying mortgage servicers adapted to changing customer needs quickly and asking Congress to give the industry additional flexibility to address evolving market conditions.
The Week Ahead
From our cave to yours, welcome to the new week.
The Week Ahead
Welcome to our new dystopian reality: life as we know it has been suspended indefinitely.
House Committee Asks Regulators, Financial Institutions to Report on Coronavirus Actions
House Financial Services Committee Chair Maxine Waters, D-Calif., sent a letter to Administration officials, regulators and financial services organizations (including MBA President and CEO Robert Broeksmit, CMB, and credit reporting agencies expressing concerns about risks related to the coronavirus pandemic and steps they are taking to prevent Americans and the financial system from being harmed.
MBA Updates Coronavirus Resource Center; House Committee Asks MBA for Input on COVID-19 Consumer Protections; MBA Coronavirus Webinar Today
It seems the only thing moving faster than COVID-19 itself—now classified as a pandemic by the World Health Organization—is news about the coronavirus. Here is a quick update from the Mortgage Bankers Association:
The Week Ahead
Consumer Financial Protection Bureau Director Kathy Kraninger appears before the Senate Banking Committee this Tuesday, Mar. 10 to deliver The Bureau’s Semi-Annual Report to Congress.