MBA Advocacy Update May 8, 2023

On Thursday, MBA requested the Consumer Financial Protection Bureau to proceed with rulemaking to amend the early intervention requirements and loss mitigation procedures under Regulation X.

CFPB Proposes New PACE Financing Rules

The Consumer Financial Protection Bureau on Monday proposed a rule to implement a congressional mandate to establish consumer protections for residential Property Assessed Clean Energy (PACE) loans.

CFPB Proposes New PACE Financing Rules

The Consumer Financial Protection Bureau on Monday proposed a rule to implement a congressional mandate to establish consumer protections for residential Property Assessed Clean Energy (PACE) loans.

MBA Advocacy Update May 1, 2023

MBA President and CEO Bob Broeksmit, CMB, and staff continue to urge the Federal Housing Finance Agency to remove the unworkable debt-to-income price adjustment that was part of recent changes to Fannie Mae’s and Freddie Mac’s loan-level price adjustments announced in January.

MBA Advocacy Update May 1, 2023

MBA President and CEO Bob Broeksmit, CMB, and staff continue to urge the Federal Housing Finance Agency to remove the unworkable debt-to-income price adjustment that was part of recent changes to Fannie Mae’s and Freddie Mac’s loan-level price adjustments announced in January.

MBA Advocacy Update Apr. 24, 2023

Last week, more than 400 state/local leaders and rank-and-file MBA members assembled in Washington to meet elected officials and key congressional staffers on Capitol Hill.

MBA Advocacy Update Apr. 24, 2023

Last week, more than 400 state/local leaders and rank-and-file MBA members assembled in Washington to meet elected officials and key congressional staffers on Capitol Hill.

MBA Advocacy Update Apr. 17, 2023

MBA, NYMBA, ABA, NYBA and HPC filed a joint Amicus brief with the New York State Appellate Division of the Supreme Court in support of the plaintiff in U.S. Bank National Association v. Simon. In this case, the plaintiff is, in part, challenging the constitutionality of New York’s Foreclosure Abuse Prevention Act

MBA Advocacy Update Apr. 17, 2023

MBA, NYMBA, ABA, NYBA and HPC filed a joint Amicus brief with the New York State Appellate Division of the Supreme Court in support of the plaintiff in U.S. Bank National Association v. Simon. In this case, the plaintiff is, in part, challenging the constitutionality of New York’s Foreclosure Abuse Prevention Act

MBA Advocacy Update Apr. 10, 2023

Last Friday, MBA submitted comments on the Consumer Financial Protection Bureau’s proposed rule requiring nonbank financial firms that are under a final court order or regulatory order to enter those into an online registry.