MBA Letter Supports Self-Employed Mortgage Access Legislation

Ahead of an anticipated vote this week in the House Financial Services Committee, the Mortgage Bankers Association yesterday sent a letter of support for legislation that would help ensure fair access to mortgage credit for households with “non-traditional” forms of income.

The Week Ahead

A busy month continues for the Mortgage Bankers Association, with several reports coming in the next two weeks.

MBA Letter Urges House Committee Markup of TRIA Extension

Ahead of a markup vote scheduled this week in the House Financial Services Committee, the Mortgage Bankers Association sent an Oct. 29 letter to Committee members urging approval of a bill that would extend the Terrorism Risk Insurance Act for seven years.

MBA Advocacy Update

This past Tuesday, the House Financial Services Committee held a hearing, The End of Affordable Housing? A Review of the Trump Administration’s Plans to Change Housing Finance in America, with testimony provided by Treasury Secretary Steven Mnuchin, HUD Secretary Ben Carson and FHFA Director Mark Calabria.

The Week Ahead

AUSTIN, TEXAS–MBA NewsLink comes to you this week here from the Mortgage Bankers Association’s Annual Convention & Expo at the Austin Convention Center.

MBA Advocacy Update

This past Tuesday, the House Financial Services Committee held a hearing, The End of Affordable Housing? A Review of the Trump Administration’s Plans to Change Housing Finance in America, with testimony provided by Treasury Secretary Steven Mnuchin, HUD Secretary Ben Carson and FHFA Director Mark Calabria.

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.

The Week Ahead

The Mortgage Bankers Association’s Annual Convention & Expo is less than one away.

CIAT Urges Renewal of Terrorism Risk Insurance Act

With the Terrorism Risk Insurance Act set to expire (again) at the end of 2020, the House Financial Services Committee isn’t wasting time in pushing its reauthorization. And neither is the Coalition to Insure Against Terrorism, of which the Mortgage Bankers Association is a member.

The Week Ahead

The Mortgage Bankers Association’s Annual Convention & Expo is less than three weeks away.