On Monday, MBA submitted comments to the Federal Housing Finance Agency’s ongoing comprehensive review of the Federal Home Loan Bank System. MBA reiterated its long-standing advocacy for responsible expansion of FHLB membership to critical providers of mortgage origination, servicing and investment activities – such as mortgage REITs and independent mortgage banks – to add diversity to the FHLB System and to provide stable liquidity sources for key players in the single-family and multifamily mortgage markets.
Tag: Pete Mills
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. 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.