MBA Continues to Cite ‘Substantial Concerns’ in Basel III NPR Comments

Following a joint comment letter with other trade groups submitted last week, the Mortgage Bankers Association also outlined more in depth concerns about the Notice of Proposed Rulemaking regarding the implementation of the final components of the Basel III standards in a separate letter Tuesday.

MBA Comments on Prudent Commercial Real Estate Loan Accommodations and Workouts

The Mortgage Bankers Association commented on a proposed policy statement on commercial real estate loan accommodation and workouts published by the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp. and the National Credit Union Administration.

MBA Letter to Agencies Targets Topline CRA Issues

The Mortgage Bankers Association last week sent a letter to federal regulatory agencies, discussing several topline issues it says are crucial to improving the current Community Reinvestment Act framework.

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.

Housing Market Roundup: Apr. 6, 2021

Another round of housing market reports came across MBA NewsLink’s desk over the past few days. Here’s a summary of what’s happening:

MBA Letter Offers Recommendations on Improving CRA Framework

The Mortgage Bankers Association, in a letter this week to the Federal Reserve, offered recommendations on how the Fed could improve the Community Reinvestment Act to improve credit access and more effectively meet the needs of low- and moderate-income communities.