MBA Mortgage Action Alliance ‘Call to Action’ Targets GSE Refi Fee

In the wake of new directive by Fannie Mae and Freddie Mac to impose a 50 basis point “Adverse Market Refinance Fee” on most refinance mortgages, effective Sept. 1, the Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a ‘Call to Action’ urging its 50,000 members to contact their members of Congress and the Federal Housing Finance Agency to roll back the directive.

MBA Mortgage Action Alliance Issues ‘Call to Action’ on G-Fees Bill

The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a “Call to Action” yesterday urging its members to contact their House representative in support of a bill that would prohibit Congress from using Fannie Mae and Freddie Mac guarantee fees as a source of funding for non-housing related spending.

MORPAC Honors Mike Heagerty, CCMS, with 2019 Schumacher-Bolduc Award

AUSTIN, TEXAS–The Mortgage Bankers Association Political Action Committee (MORPAC) awarded Mike Heagerty, CCMS, Principal & CFO of Newmark Realty Capital, with the 2019 Schumacher-Bolduc Award here at the association’s 2019 Annual Convention and Expo.