On Wednesday, MBA Vice Chair Mark Jones testified before the House Veterans’ Affairs Subcommittee on Economic Opportunity in support of bicameral VA appraisal modernization legislation introduced by Rep. Mike Bost, R-Ill., and Sen. Dan Sullivan, R-Alaska.
Tag: MBA Advocacy Update
MBA Advocacy Update May 16, 2022
On Wednesday night, Julia Gordon was confirmed by the Senate to be the Assistant Secretary for Housing and FHA Commissioner at HUD. MBA President and CEO Bob Broeksmit, CMB, penned a new blog post discussing how policymakers can empower mortgage lenders to deliver more relief to borrowers.
MBA Advocacy Update May 16, 2022
On Wednesday night, Julia Gordon was confirmed by the Senate to be the Assistant Secretary for Housing and FHA Commissioner at HUD. MBA President and CEO Bob Broeksmit, CMB, penned a new blog post discussing how policymakers can empower mortgage lenders to deliver more relief to borrowers.
MBA Advocacy Update May 9 2022
Last Thursday, the OCC, Federal Reserve, and FDIC issued a joint notice of proposed rulemaking overhauling Community Reinvestment Act regulations. And HUD announced an exclusive listing period for CWCOT Post-Foreclosure Sales.
MBA Advocacy Update May 9 2022
Last Thursday, the OCC, Federal Reserve, and FDIC issued a joint notice of proposed rulemaking overhauling Community Reinvestment Act regulations. And HUD announced an exclusive listing period for CWCOT Post-Foreclosure Sales.
MBA Advocacy Update May 2 2022
Last week, more than 400 state/local leaders and rank-and-file MBA members assembled in Washington to meet elected officials and key congressional staffers on Capitol Hill during MBA’s National Advocacy Conference. And on Monday, MBA submitted comments to FHFA on its recent proposal to update capital, liquidity and net worth requirements for servicers of loans backed by Fannie Mae and Freddie Mac.
MBA Advocacy Update Apr. 25 2022
On Monday, FHA published Mortgagee Letter 2022-07, which adds to the agency’s COVID-19 Recovery Loss Mitigation Options a loan modification with a 40-year term used together with a partial claim. On Tuesday, MBA sent a letter to CFPB requesting the Bureau provide the industry with the statutory basis for its requests to obtain privileged attorney-client communications during supervisory examinations.
MBA Advocacy Update Apr. 25 2022
On Monday, FHA published Mortgagee Letter 2022-07, which adds to the agency’s COVID-19 Recovery Loss Mitigation Options a loan modification with a 40-year term used together with a partial claim. On Tuesday, MBA sent a letter to CFPB requesting the Bureau provide the industry with the statutory basis for its requests to obtain privileged attorney-client communications during supervisory examinations.
MBA Advocacy Update Apr. 18, 2022
Last week, MBA responded to the CFPB’s RFI on fees – both in a comment letter and in a joint trades comment letter – imposed by providers of consumer financial products and services. Also last week, MBA sent a letter to FHFA and the GSEs outlining concerns regarding the GSEs’ temporary condominium requirements on deferred maintenance and structural integrity for condo and co-op projects.
MBA Advocacy Update Apr. 18, 2022
Last week, MBA responded to the CFPB’s RFI on fees – both in a comment letter and in a joint trades comment letter – imposed by providers of consumer financial products and services. Also last week, MBA sent a letter to FHFA and the GSEs outlining concerns regarding the GSEs’ temporary condominium requirements on deferred maintenance and structural integrity for condo and co-op projects.