MBA President and CEO Bob Broeksmit, CMB, released the following statement after the House passed the Senate’s amended version of the 21st Century ROAD to Housing Act:
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MBA Applauds Senate Passage of Amended 21st Century ROAD to Housing Act
MBA’s President and CEO Bob Broeksmit, CMB, released a statement after the Senate passed its latest amended version of the 21st Century ROAD to Housing Act.
MBA Urges House to Pass Amended 21st Century ROAD to Housing Act
The Mortgage Bankers Association May 18 sent a letter to House leadership, urging the passage of the amended version of the 21st Century ROAD to Housing Act this week.
House Passes TRIA Reauthorization; Senate Banking Committee Votes Today
The House yesterday passed legislation reauthorizing the Terrorism Risk Insurance Act for seven years. The Senate Banking Committee is expected to take up a companion bill this morning.
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
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.
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.