Good morning and happy Monday! Welcome to another busy week in the mortgage and political worlds. It’s 46 days until Election Day—more on that below.
Tag: House Financial Services Committee
The Week Ahead
The Federal Open Market Committee holds its next Policy Meeting this Tuesday, July 28 and Wednesday, July 29. While Fed-watchers don’t expect the FOMC to take action on the federal funds rate—it’s already at zero—they will, as usual, go over the Wednesday statement with a fine-toothed editing pencil to gain insight on other steps to boost an uncertain economy amid the global coronavirus pandemic.
The Week Ahead
Here in Washington, Congress and the Administration face a critical two weeks—and a time crunch—if there is going to be any compromise/agreement on a new economic stimulus package before the current package expires on July 31.
The Week Ahead
The Mortgage Bankers Association releases several reports this week, starting with its weekly Forbearance and Call Volume Report this afternoon at 4:00 p.m. ET. Look for a special edition of MBA NewsLink today to give you the latest info. MBA also releases its monthly Builder Applications Survey on Tuesday, July 14 (tentative) and its Weekly Applications Survey this Wednesday, July 15.
The Week Ahead
Good morning—welcome back from the holiday weekend; and congratulations! You’ve made it halfway through 2020!
The Week Ahead
Good morning! Happy first week of summer, which promises a lot of activity—and a heads-up for anyone who uses the Mortgage Bankers Association’s website.
The Week Ahead
Good morning! By this coming weekend, the strangest spring in memory will give way to…probably the strangest summer in memory.
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.