MBA Advocacy Update Sept. 6 2022

On Wednesday, FHFA announced that it would begin a comprehensive review of the Federal Home Loan Bank System this fall. And HousingWire published a guest column penned by MBA’s Mike Fratantoni, Marina Walsh, CMB, and Joel Kan that looks at industry employment levels in the current and forecasted mortgage market environment.

MBA Advocacy Update Sept. 6 2022

On Wednesday, FHFA announced that it would begin a comprehensive review of the Federal Home Loan Bank System this fall. And HousingWire published a guest column penned by MBA’s Mike Fratantoni, Marina Walsh, CMB, and Joel Kan that looks at industry employment levels in the current and forecasted mortgage market environment.

MBA Advocacy Update Sept. 6 2022

On Wednesday, FHFA announced that it would begin a comprehensive review of the Federal Home Loan Bank System this fall. And HousingWire published a guest column penned by MBA’s Mike Fratantoni, Marina Walsh, CMB, and Joel Kan that looks at industry employment levels in the current and forecasted mortgage market environment.

MBA Advocacy Update Aug. 29 2022

On Tuesday, MBA and the California MBA submitted a letter to the California Privacy Protection Agency to express member concerns with recent proposed regulations, which will implement the California Privacy Rights Act. Also last week, FHFA announced its intent to establish a Federal Advisory Committee on Affordable, Equitable and Sustainable Housing.

MBA Advocacy Update Aug. 29 2022

On Tuesday, MBA and the California MBA submitted a letter to the California Privacy Protection Agency to express member concerns with recent proposed regulations, which will implement the California Privacy Rights Act. Also last week, FHFA announced its intent to establish a Federal Advisory Committee on Affordable, Equitable and Sustainable Housing.

MBA Advocacy Update Aug. 22 2022

On Wednesday, FHFA and Ginnie Mae jointly released their long-awaited final capital, liquidity, and net worth requirements for sellers and servicers of loans backed by the GSEs and Ginnie Mae issuers. Also last week, the author of legislation in California (SB1323), that would have created a byzantine new foreclosure process for residential properties that have more than 10% equity withdrew his bill from Assembly floor consideration.

MBA Advocacy Update Aug. 22 2022

On Wednesday, FHFA and Ginnie Mae jointly released their long-awaited final capital, liquidity, and net worth requirements for sellers and servicers of loans backed by the GSEs and Ginnie Mae issuers. Also last week, the author of legislation in California (SB1323), that would have created a byzantine new foreclosure process for residential properties that have more than 10% equity withdrew his bill from Assembly floor consideration.

MBA Advocacy Update Aug. 15, 2022: House Passes Inflation Reduction Act of 2022

On Tuesday, FHFA announced Fannie Mae and Freddie Mac will require servicers to obtain and maintain fair lending data on their loans. Last Friday, MBA submitted its comment letter to federal regulatory banking agencies on the Community Reinvestment Act. And the House approved the Senate’s amended substitute to H.R. 5376, now known as the Inflation Reduction Act.

MBA Advocacy Update Aug. 15, 2022: House Passes Inflation Reduction Act of 2022

On Tuesday, FHFA announced Fannie Mae and Freddie Mac will require servicers to obtain and maintain fair lending data on their loans. Last Friday, MBA submitted its comment letter to federal regulatory banking agencies on the Community Reinvestment Act. And the House approved the Senate’s amended substitute to H.R. 5376, now known as the Inflation Reduction Act.

MBA Letter to Agencies Targets Topline CRA Issues

The Mortgage Bankers Association last week sent a letter to federal regulatory agencies, discussing several topline issues it says are crucial to improving the current Community Reinvestment Act framework.