Tag: Pete Mills

With elected members of both the House and Senate returning to Washington on Tuesday to organize for the 118th Congress, all eyes remained focused last week on the evolving process to officially elect a House Speaker.

With elected members of both the House and Senate returning to Washington on Tuesday to organize for the 118th Congress, all eyes remained focused last week on the evolving process to officially elect a House Speaker.

Here is a summary of MBA advocacy efforts at the end of 2022:

Last week, MBA submitted a letter to the Federal Housing Finance Agency advocating for an increase to the current area median income thresholds for Fannie Mae and Freddie Mac’s low down payment programs (Home Ready and Home Possible).

Last week, MBA submitted a letter to the Federal Housing Finance Agency advocating for an increase to the current area median income thresholds for Fannie Mae and Freddie Mac’s low down payment programs (Home Ready and Home Possible).

MBA submitted comments in response to the Federal Housing Administration’s request for information seeking stakeholder input on the barriers to supporting, facilitating, and making available mortgage insurance for mortgages with original balances of $70,000 or less.

MBA submitted comments in response to the Federal Housing Administration’s request for information seeking stakeholder input on the barriers to supporting, facilitating, and making available mortgage insurance for mortgages with original balances of $70,000 or less.

The Federal Housing Finance agency last week published its 2023 maximum conforming loan limits for mortgages eligible to be acquired by Fannie Mae and Freddie Mac. FHA also published its 2023 Nationwide Forward Mortgage limits for FHA-insured Title II mortgages.

HUD issued updates to FHA mandatory flood insurance requirements and withdrew the mandatory use date for its FHA Catalyst EAD Module. Also, MBA last week participated in a White House meeting on tenant protections. Read more about these below:

HUD issued updates to FHA mandatory flood insurance requirements and withdrew the mandatory use date for its FHA Catalyst EAD Module. Also, MBA last week participated in a White House meeting on tenant protections. Read more about these below: