MBA’s President and CEO Bob Broeksmit, CMB, released a statement regarding the Department of Housing and Urban Development’s (HUD) updates to its wind and named storm policy for Federal Housing Administration (FHA) multifamily loans.
Tag: HUD
Bob Broeksmit Lays Out Important Items on MBA’s Radar to Kick Off National Advocacy Conference
WASHINGTON–As Mortgage Bankers Association members take to the nation’s capital–and U.S. Capitol Building–to share the industry’s story with lawmakers and hear from legislative stakeholders via the National Advocacy Conference, key policy and regulatory topics such as Basel III endgame, housing supply and HUD Secretary Marcia Fudge stepping down are top of mind.
HUD Secretary Marcia L. Fudge to Resign March 22
Marcia L. Fudge, the 18th Secretary of the U.S. Department of Housing and Urban Development, announced she will resign effective March 22, 2024.
MBA Opposes FFB Risk Sharing Program Extension; Calls on HUD to Address High Fees
MBA President and CEO Bob Broeksmit, CMB, released a statement on the Biden administration’s recent housing announcements, which include extending indefinitely the Federal Housing Administration (FHA) and Federal Financing Bank (FFB) Risk Sharing program.
FHA’s Julia Gordon on 2024 Priorities at #MBACREF24
SAN DIEGO–Getting policies to the finish line–and what could hold that up–was the big theme from a discussion between Julia Gordon, Assistant Secretary for Housing and Federal Housing Commissioner at HUD, and MBA President and CEO Bob Broeksmit, CMB, here Feb. 13.
MBA CEO Bob Broeksmit at #MBACREF24: Industry Participation Vital to Overcoming Policy Challenges
SAN DIEGO–MBA President and CEO Bob Broeksmit, CMB, highlighted challenges to the commercial real estate finance industry–from Basel III to affordability–here at the MBA Commercial/Multifamily Finance Convention and Expo.
HUD Secretary Fudge Willing to Examine Dropping Life-of-Loan FHA Coverage
At a House Financial Services Committee hearing Thursday, HUD Secretary Marcia Fudge suggested the agency would consider eliminating life-of-loan premium requirements for FHA-backed mortgages.
October Housing Starts Exceed Expectations
Housing starts rose in October to a seasonally adjusted annual rate of 1.37 million, exceeding the consensus expectation of 1.35 million.
Nexval’s Souren Sarkar: Why to Transform Engagements With Distressed Borrowers, and How
Upgrading borrower communications represents a golden opportunity for lenders to harness new business channels and technologies that can make their entire operations run more efficiently.
Industry Briefs Oct. 30, 2023
Industry news from HUD, FutureWave Finance, Insellerate, Down Payment Resource and nCino.