Last week, The Wall Street Journal published a letter to the editor from MBA President and CEO Bob Broeksmit, CMB, highlighting how Special Purpose Credit Programs are an effective way for lenders to help serve minority homebuyers safely and sustainably.
Tag: Pete Mills
MBA Advocacy Update June 29, 2022
Last week, the House Financial Services Committee once again considered down payment assistance legislation targeted toward first generation, first-time homebuyers. On Tuesday, MBA and the National Fair Housing Alliance announced a new online toolkit for mortgage lenders interested in developing Special Purpose Credit Programs.
MBA Advocacy Update June 27, 2022
Last week, the House Financial Services Committee once again considered down payment assistance legislation targeted toward first generation, first-time homebuyers. On Tuesday, MBA and the National Fair Housing Alliance announced a new online toolkit for mortgage lenders interested in developing Special Purpose Credit Programs.
MBA, Winnow Solutions LLC Partner to Help Members with Compliance Research, Costs
The Mortgage Bankers Association and Winnow Solutions LLC, Anaheim, Calif., announced a partnership that will provide MBA member subscribers – at a 10% discount rate – a comprehensive database of state and federal regulations to help control costs and better manage the growing complexity of mortgage regulations.
MBA Advocacy Update Tuesday June 21, 2022
On Wednesday, FHFA published its 2021 Annual Report to Congress, which provides details on the Agency’s activities over the course of the past year, including its actions as conservator of Fannie Mae and Freddie Mac.
MBA, Winnow Solutions LLC Partner to Help Members with Compliance Research, Costs
The Mortgage Bankers Association and Winnow Solutions LLC, Anaheim, Calif., announced a partnership that will provide MBA member subscribers – at a 10% discount rate – a comprehensive database of state and federal regulations to help control costs and better manage the growing complexity of mortgage regulations.
MBA Advocacy Update June 12, 2022
On Wednesday, FHFA released the GSEs’ Equitable Housing Finance Plans for 2022-2024. Also last week, the Senate Banking Committee advanced the nominations of Michael Barr to be the next Federal Reserve Vice Chairman for Supervision, and Jaime Lizárraga and Mark Uyeda to be SEC Commissioners.
MBA Advocacy Update June 12, 2022
On Wednesday, FHFA released the GSEs’ Equitable Housing Finance Plans for 2022-2024. Also last week, the Senate Banking Committee advanced the nominations of Michael Barr to be the next Federal Reserve Vice Chairman for Supervision, and Jaime Lizárraga and Mark Uyeda to be SEC Commissioners.
MBA Advocacy Update June 6 2022
MBA sent a letter to the FDIC Friday on its climate risk management principles for financial institutions. On Tuesday, MBA and the Housing Policy Council responded to HUD’s proposed 40-year modification, which would increase the maximum allowable term for an FHA-insured loan modification from 360 months to 480 months. And recently, FHFA finalized two rules related to the Enterprise Regulatory Capital Framework for Mac the GSEs.
MBA Advocacy Update June 6 2022
MBA sent a letter to the FDIC Friday on its climate risk management principles for financial institutions. On Tuesday, MBA and the Housing Policy Council responded to HUD’s proposed 40-year modification, which would increase the maximum allowable term for an FHA-insured loan modification from 360 months to 480 months. And recently, FHFA finalized two rules related to the Enterprise Regulatory Capital Framework for Mac the GSEs.