On Monday, FHFA published an RFI initiating a review of its regulations governing FHLB membership. In addition, HUD announced at MBA’s Servicing Solutions Conference significant changes to FHA’s Claims Without Conveyance of Title (CWCOT) program that have been a long-standing MBA priority.
Tag: MBA Advocacy Update
MBA Advocacy Update
On Monday, FHFA published an RFI initiating a review of its regulations governing FHLB membership. In addition, HUD announced at MBA’s Servicing Solutions Conference significant changes to FHA’s Claims Without Conveyance of Title (CWCOT) program that have been a long-standing MBA priority.
MBA Advocacy Update
President Trump announced he will nominate Dana Wade to replace Brian Montgomery as FHA Commissioner. At the same time, MBA submitted a letter to Senate leadership in support of Montgomery’s nomination to be the next Deputy Secretary of HUD.
MBA Advocacy Update
President Trump announced he will nominate Dana Wade to replace Brian Montgomery as FHA Commissioner. At the same time, MBA submitted a letter to Senate leadership in support of Montgomery’s nomination to be the next Deputy Secretary of HUD.
MBA Advocacy Update
Last week, the Trump administration released its annual budget proposal for fiscal year 2021. In addition, Fannie Mae, Freddie Mac and Ginnie Mae announced a new certification requirement associated with submission of the Quarterly Mortgage Bankers’ Financial Reporting Form; and Federal Reserve Chairman Jerome Powell testified before the House Financial Services and Senate Banking Committees on current monetary policy and the state of the economy.
MBA Advocacy Update
Last week, the Trump administration released its annual budget proposal for fiscal year 2021. In addition, Fannie Mae, Freddie Mac and Ginnie Mae announced a new certification requirement associated with submission of the Quarterly Mortgage Bankers’ Financial Reporting Form; and Federal Reserve Chairman Jerome Powell testified before the House Financial Services and Senate Banking Committees on current monetary policy and the state of the economy.
MBA Advocacy Update
On Thursday Consumer Financial Protection Bureau Director Kathy Kraninger provided her semi-annual testimony before the House Financial Services Committee. During the hearing, Kraninger addressed questions regarding the “QM Patch” and HMDA reporting.
MBA Advocacy Update
On Thursday Consumer Financial Protection Bureau Director Kathy Kraninger provided her semi-annual testimony before the House Financial Services Committee. During the hearing, Kraninger addressed questions regarding the “QM Patch” and HMDA reporting.
MBA Advocacy Update
On Friday MBA submitted a letter responding to HUD’s RFI on housing affordability, urging HUD to pursue a number of regulatory and federal funding reforms intended to spur housing supply, lower costs and enhance affordability. Also last week MBA submitted a letter to the House Energy and Commerce Committee highlighting the association’s principles for privacy and cybersecurity reform. And on Wednesday, Comptroller Joseph Otting testified before the House Financial Services Committee on the OCC’s joint plan with the FDIC to revamp CRA.
MBA Advocacy Update
On Friday MBA submitted a letter responding to HUD’s RFI on housing affordability, urging HUD to pursue a number of regulatory and federal funding reforms intended to spur housing supply, lower costs and enhance affordability. Also last week MBA submitted a letter to the House Energy and Commerce Committee highlighting the association’s principles for privacy and cybersecurity reform. And on Wednesday, Comptroller Joseph Otting testified before the House Financial Services Committee on the OCC’s joint plan with the FDIC to revamp CRA.