On Thursday, House and Senate lawmakers passed, and President Joe Biden signed, a continuing resolution ahead of the Sept. 30 government funding deadline to avert a shutdown. Also on Thursday, the Senate voted 50-48 to confirm Rohit Chopra as the next CFPB Director.
Tag: Pete Mills
Update: House, Senate Pass Continuing Resolution, Avoid Shutdown; Chopra Confirmed as CFPB Director
Congress on Thursday passed a nine-week Continuing Resolution, avoiding controversial sticking points, to fund the federal government through December 3, avoiding yet another potentially disastrous government shutdown.
Government Shutdown Looming – Potential Implications for the Mortgage Industry
As of this morning (Sept. 30), Congress is still debating a continuing resolution that would extend funding for federal government operations. As this is happening, federal agencies are preparing for the possibility of a shutdown when the current funding expires at 11:59 p.m. ET.
MBA Advocacy Update Sept. 24, 2021
On Tuesday, House lawmakers passed a continuing resolution along party lines, sending the measure to the Senate for a vote ahead of a Sept. 30 government funding deadline. Meanwhile, MBA led a coalition of associations urging Congress to raise the federal debt limit to avoid roiling financial markets. And MBA’s Research Institute for Housing America released a report that examines climate change’s growing impact on housing and housing finance.
MBA Advocacy Update Sept. 24, 2021
On Tuesday, House lawmakers passed a continuing resolution along party lines, sending the measure to the Senate for a vote ahead of a Sept. 30 government funding deadline. Meanwhile, MBA led a coalition of associations urging Congress to raise the federal debt limit to avoid roiling financial markets. And MBA’s Research Institute for Housing America released a report that examines climate change’s growing impact on housing and housing finance.
MBA Advocacy Update Sept. 20 2021
On Tuesday, following months of MBA advocacy, the Treasury Department and FHFA suspended certain limits on the business activities of the GSEs. On Wednesday, FHFA also announced a Notice of Proposed Rulemaking to amend the Enterprise Regulatory Capital Framework Rule.
MBA Advocacy Update Sept. 20 2021
On Tuesday, following months of MBA advocacy, the Treasury Department and FHFA suspended certain limits on the business activities of the GSEs. On Wednesday, FHFA also announced a Notice of Proposed Rulemaking to amend the Enterprise Regulatory Capital Framework Rule.
FHFA, Treasury Suspend Portions of GSE 2021 Preferred Stock Purchase Agreements
The Federal Housing Finance Agency and the Treasury Department on Tuesday suspended certain provisions added to the Preferred Stock Purchase Agreements with Fannie Mae and Freddie Mac in January.
MBA Advocacy Update Sept. 13, 2021
On Thursday, five House committees, including the House Ways and Means Committee, began to consider their respective reconciliation bills as a non-binding September 15 deadline approaches. Also last week, the Federal Housing Finance Agency announced the GSEs will submit Equitable Housing Finance Plans that will identify and address barriers to sustainable housing opportunities.
MBA Advocacy Update Sept. 13, 2021
On Thursday, five House committees, including the House Ways and Means Committee, began to consider their respective reconciliation bills as a non-binding September 15 deadline approaches. Also last week, the Federal Housing Finance Agency announced the GSEs will submit Equitable Housing Finance Plans that will identify and address barriers to sustainable housing opportunities.