MBA Advocacy Update Oct. 31 2022

Congratulations to Matt Rocco, Chairman of the Board and Chief Executive Officer of Grandbridge Real Estate Capital, for being sworn in as 2023 Chairman at MBA’s Annual Convention.

MBA Advocacy Update Oct. 24 2022

On Friday, Ginnie Mae extended the mandatory implementation date of its recently announced risk-based capital requirement to December 31, 2024. On Wednesday, a federal appeals court found that the CFPB’s independent funding structure is unconstitutional

MBA Advocacy Update Oct. 24 2022

On Friday, Ginnie Mae extended the mandatory implementation date of its recently announced risk-based capital requirement to December 31, 2024. On Wednesday, a federal appeals court found that the CFPB’s independent funding structure is unconstitutional

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. 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.