MBA Advocacy Update Feb. 28 2022

With Congress in recess this past week, on Thursday the Federal Housing Finance Agency had two major announcements: a long-awaited re-proposal of updates to the capital, liquidity and net worth requirements for servicers; and a final revised capital framework for the GSEs.

MBA Advocacy Update Feb. 28 2022

With Congress in recess this past week, on Thursday the Federal Housing Finance Agency had two major announcements: a long-awaited re-proposal of updates to the capital, liquidity and net worth requirements for servicers; and a final revised capital framework for the GSEs.

MBA Advocacy Update Feb. 22 2022

Last Monday, MBA submitted comments to the OCC on draft principles for large banks’ management of climate-related financial risk. On Tuesday, the FHA announced it is extending the mandatory implementation deadline for mortgagees to begin delivering appraisals through the FHA Catalyst: Electronic Appraisal Delivery Module.

MBA Advocacy Update Feb. 22 2022

Last Monday, MBA submitted comments to the OCC on draft principles for large banks’ management of climate-related financial risk. On Tuesday, the FHA announced it is extending the mandatory implementation deadline for mortgagees to begin delivering appraisals through the FHA Catalyst: Electronic Appraisal Delivery Module.

MBA Advocacy Update Feb. 14 2022

On Tuesday, House lawmakers passed a continuing resolution by a bipartisan vote of 272-162, sending the measure to the Senate for a vote ahead of a February 18 federal government funding deadline. And on Wednesday, the FHFA published its draft strategic plan for fiscal years 2022-2026.

MBA Advocacy Update Feb. 14 2022

On Tuesday, House lawmakers passed a continuing resolution by a bipartisan vote of 272-162, sending the measure to the Senate for a vote ahead of a February 18 federal government funding deadline. And on Wednesday, the FHFA published its draft strategic plan for fiscal years 2022-2026.

MBA Advocacy Update Feb. 7 2022

Three of President Biden’s nominees to serve on the Federal Reserve’s Board of Governors faced questioning during their confirmation hearing before the Senate Banking Committee Thursday.

MBA Advocacy Update Feb. 7 2022

Three of President Biden’s nominees to serve on the Federal Reserve’s Board of Governors faced questioning during their confirmation hearing before the Senate Banking Committee Thursday.

MBA Advocacy Update Jan. 31, 2022

Recently, MBA and a coalition of financial services trade associations filed a joint comment letter to the Consumer Financial Protection Bureau on its assessment of the HMDA Rule. Also last week, the CFPB issued a request for public comment seeking information on “fees that are not subject to competitive processes[.]”

MBA Advocacy Update Jan. 31, 2022

Recently, MBA and a coalition of financial services trade associations filed a joint comment letter to the Consumer Financial Protection Bureau on its assessment of the HMDA Rule. Also last week, the CFPB issued a request for public comment seeking information on “fees that are not subject to competitive processes[.]”