On Thursday, MBA and several industry trade groups – as part of the Black Homeownership Collaborative – submitted a letter to HUD urging the agency to reduce the annual mortgage insurance premium and suspend the life of loan requirement for borrowers with FHA-insured loans.
Tag: Pete Mills
MBA Advocacy Update Oct. 17, 2022
On Thursday, MBA and several industry trade groups – as part of the Black Homeownership Collaborative – submitted a letter to HUD urging the agency to reduce the annual mortgage insurance premium and suspend the life of loan requirement for borrowers with FHA-insured loans.
MBA Advocacy Update Oct. 10, 2022
On Tuesday, HUD published a Request for Information that seeks stakeholder input on barriers to originating small balance mortgages in the FHA loan program. Earlier this month, the federal District Court for the District of Columbia ruled that the Home Mortgage Disclosure Act reporting threshold should be decreased from 100 closed-end loans to 25 closed-end loans.
MBA Advocacy Update Oct. 10, 2022
On Tuesday, HUD published a Request for Information that seeks stakeholder input on barriers to originating small balance mortgages in the FHA loan program. Earlier this month, the federal District Court for the District of Columbia ruled that the Home Mortgage Disclosure Act reporting threshold should be decreased from 100 closed-end loans to 25 closed-end loans.
MBA Advocacy Update Oct. 3, 2022
On Wednesday, in a follow-up to last week’s White House meeting, MBA President and CEO Bob Broeksmit, CMB, sent a letter to key Biden administration officials, reiterating MBA’s recommendations on addressing housing supply and affordability challenges across the country. House and Senate lawmakers passed a Continuing Resolution ahead of the September 30 government funding deadline to avert a federal shutdown.
MBA Advocacy Update Oct. 3, 2022
On Wednesday, in a follow-up to last week’s White House meeting, MBA President and CEO Bob Broeksmit, CMB, sent a letter to key Biden administration officials, reiterating MBA’s recommendations on addressing housing supply and affordability challenges across the country. House and Senate lawmakers passed a Continuing Resolution ahead of the September 30 government funding deadline to avert a federal shutdown.
MBA Advocacy Update Sept. 26 2022
On Wednesday, MBA President and CEO Bob Broeksmit, CMB, joined a small group of industry and affordable housing leaders at the White House for a constructive meeting on ways to address housing supply and affordability challenges across the country. On Tuesday, MBA member David Battany, Executive Vice President of Capital Markets at Guild Mortgage, testified before a Senate subcommittee on USDA’s Rural Housing Service lending program.
MBA Advocacy Update Sept. 19, 2022
On Tuesday, MBA led a coalition of real estate trade groups in a letter to the White House National Economic Council urging it to support reduction of mortgage insurance premiums for FHA loans. On Wednesday, the House advanced VA loan appraisal modernization legislation strongly supported by MBA. Also last week, FHA announced a delay of the mandatory effective date for its electronic appraisal delivery module.
MBA Advocacy Update Sept. 12 2022
On Tuesday, MBA submitted a letter to FHA leadership detailing member recommendations on improving the FHA 203(k) Mortgage Rehabilitation Insurance Program. And on Friday, MBA released a new white paper, A Framework for Considering Office Demand in a Post-Pandemic World, which details relative benefits and costs of remote and in-person work to employees and employers and analyzes the outlook for the office sector and potential impacts to commercial mortgage loan volume and property values.
MBA Advocacy Update Sept. 12 2022
On Tuesday, MBA submitted a letter to FHA leadership detailing member recommendations on improving the FHA 203(k) Mortgage Rehabilitation Insurance Program. And on Friday, MBA released a new white paper, A Framework for Considering Office Demand in a Post-Pandemic World, which details relative benefits and costs of remote and in-person work to employees and employers and analyzes the outlook for the office sector and potential impacts to commercial mortgage loan volume and property values.