On Thursday, the Senate Banking Committee held a nomination hearing for Alanna McCargo to be President of Ginnie Mae. Earlier last week, HUD issued an advance notice of proposed rulemaking on its process for transitioning away from the use of LIBOR for FHA-insured ARMs. And late Thursday, congressional leaders reached agreement to temporarily raise the statutory federal debt limit.
Tag: MBA Advocacy Update
MBA Advocacy Update Oct. 4 2021
On Thursday, House and Senate lawmakers passed, and President Joe Biden signed, a continuing resolution ahead of the Sept. 30 government funding deadline to avert a shutdown. Also on Thursday, the Senate voted 50-48 to confirm Rohit Chopra as the next CFPB Director.
MBA Advocacy Update Oct. 4 2021
On Thursday, House and Senate lawmakers passed, and President Joe Biden signed, a continuing resolution ahead of the Sept. 30 government funding deadline to avert a shutdown. Also on Thursday, the Senate voted 50-48 to confirm Rohit Chopra as the next CFPB Director.
MBA Advocacy Update Sept. 24, 2021
On Tuesday, House lawmakers passed a continuing resolution along party lines, sending the measure to the Senate for a vote ahead of a Sept. 30 government funding deadline. Meanwhile, MBA led a coalition of associations urging Congress to raise the federal debt limit to avoid roiling financial markets. And MBA’s Research Institute for Housing America released a report that examines climate change’s growing impact on housing and housing finance.
MBA Advocacy Update Sept. 24, 2021
On Tuesday, House lawmakers passed a continuing resolution along party lines, sending the measure to the Senate for a vote ahead of a Sept. 30 government funding deadline. Meanwhile, MBA led a coalition of associations urging Congress to raise the federal debt limit to avoid roiling financial markets. And MBA’s Research Institute for Housing America released a report that examines climate change’s growing impact on housing and housing finance.
MBA Advocacy Update Sept. 20 2021
On Tuesday, following months of MBA advocacy, the Treasury Department and FHFA suspended certain limits on the business activities of the GSEs. On Wednesday, FHFA also announced a Notice of Proposed Rulemaking to amend the Enterprise Regulatory Capital Framework Rule.
MBA Advocacy Update Sept. 20 2021
On Tuesday, following months of MBA advocacy, the Treasury Department and FHFA suspended certain limits on the business activities of the GSEs. On Wednesday, FHFA also announced a Notice of Proposed Rulemaking to amend the Enterprise Regulatory Capital Framework Rule.
MBA Advocacy Update Sept. 13, 2021
On Thursday, five House committees, including the House Ways and Means Committee, began to consider their respective reconciliation bills as a non-binding September 15 deadline approaches. Also last week, the Federal Housing Finance Agency announced the GSEs will submit Equitable Housing Finance Plans that will identify and address barriers to sustainable housing opportunities.
MBA Advocacy Update Sept. 13, 2021
On Thursday, five House committees, including the House Ways and Means Committee, began to consider their respective reconciliation bills as a non-binding September 15 deadline approaches. Also last week, the Federal Housing Finance Agency announced the GSEs will submit Equitable Housing Finance Plans that will identify and address barriers to sustainable housing opportunities.
MBA Advocacy Update Sept. 7 2021
Last week, the Biden administration announced a series of actions intended to boost the supply of affordable housing and supplement the larger-scale initiatives of the administration’s “Build Back Better” agenda. The announcement noted the long-standing gap between the supply of and demand for affordable housing – for both homeowners and renters.