Tag: Pete Mills

On Tuesday, HUD announced a 30-basis-point reduction to the annual Mortgage Insurance Premium for Federal Housing Administration-insured loans. The action addresses a top MBA advocacy priority since 2021.

Last week, MBA joined 10 other trade associations in a letter to the Securities and Exchange Commission requesting an extension to the recently re-proposed Securitization Conflicts of Interest Rule.

MBA sent a letter to the Federal Housing Finance Agency expressing concerns regarding recently announced changes to the GSEs’ loan-level price adjustments, particularly addition of an LLPA based on debt-to-income ratio.

MBA sent a letter to the Federal Housing Finance Agency expressing concerns regarding recently announced changes to the GSEs’ loan-level price adjustments, particularly addition of an LLPA based on debt-to-income ratio.

On Wednesday, President Joe Biden and House Speaker Kevin McCarthy (R-CA) began face-to-face debt ceiling discussions, with the latter expressing cautious optimism that the two sides can come to a deal to avoid the first-ever default on the nation’s debt obligations.

On Tuesday, MBA SVP and Chief Economist Mike Fratantoni testified during a Federal Financial Institutions Examination Council’s Appraisal Subcommittee hearing on appraisals.

On Tuesday, MBA SVP and Chief Economist Mike Fratantoni testified during a Federal Financial Institutions Examination Council’s Appraisal Subcommittee hearing on appraisals.

Here is a summary of the latest MBA legislative and policy news.

MBA President and CEO Bob Broeksmit, CMB, chats with HousingWire’s Sarah Wheeler about MBA’s latest forecast and top advocacy priorities in 2023. Click on this story to listen to the podcast.