On Wednesday, the Consumer Financial Protection Bureau issued a notice of proposed rulemaking to delay mandatory compliance date of the General QM final rule. On Monday, the Federal Housing Finance Agency authorized Fannie Mae and Freddie Mac to release $1.09 billion in affordable housing allocations, more than double last year’s disbursement. And the Senate moved into floor debate and toward likely passage of its version of the COVID-19-related American Rescue Plan (H.R. 1319).
Tag: Pete Mills
MBA Advocacy Update Mar. 8 2021
On Wednesday, the Consumer Financial Protection Bureau issued a notice of proposed rulemaking to delay mandatory compliance date of the General QM final rule. On Monday, the Federal Housing Finance Agency authorized Fannie Mae and Freddie Mac to release $1.09 billion in affordable housing allocations, more than double last year’s disbursement. And the Senate moved into floor debate and toward likely passage of its version of the COVID-19-related American Rescue Plan (H.R. 1319).
MBA Advocacy Update Mar. 1 2021
On Friday the House began approving a $1.9 trillion “reconciliation” package based largely on President Joe Biden’s American Rescue Plan. Also on Friday, MBA submitted comments in response to the Federal Housing Finance Agency’s Request for Information on Appraisal-Related Policies, Practices and Processes.
MBA Advocacy Update Mar. 1 2021
On Friday the House began approving a $1.9 trillion “reconciliation” package based largely on President Joe Biden’s American Rescue Plan. Also on Friday, MBA submitted comments in response to the Federal Housing Finance Agency’s Request for Information on Appraisal-Related Policies, Practices and Processes.
MBA Advocacy Update Feb. 22 2021
On Tuesday, FHA, VA, and USDA extended their foreclosure and eviction moratoria, as well as the deadline for borrowers impacted by the COVID-19 pandemic to request initial forbearance, to June 30.
MBA Advocacy Update Feb. 22 2021
On Tuesday, FHA, VA, and USDA extended their foreclosure and eviction moratoria, as well as the deadline for borrowers impacted by the COVID-19 pandemic to request initial forbearance, to June 30.
MBA Letter Offers Recommendations on Improving CRA Framework
The Mortgage Bankers Association, in a letter this week to the Federal Reserve, offered recommendations on how the Fed could improve the Community Reinvestment Act to improve credit access and more effectively meet the needs of low- and moderate-income communities.
MBA Letter Offers Recommendations on Improving CRA Framework
The Mortgage Bankers Association, in a letter this week to the Federal Reserve, offered recommendations on how the Fed could improve the Community Reinvestment Act to improve credit access and more effectively meet the needs of low- and moderate-income communities.
MBA Advocacy Update Feb. 16 2021
On Thursday, the House Financial Services Committee passed legislation along party lines that includes key housing provisions of President Biden’s $1.9 trillion American Rescue Plan. On Tuesday, the Federal Housing Finance Agency extended its foreclosure and eviction moratorium for Enterprise-backed, single-family mortgages and REO properties through March 31. FHFA also announced it would extend GSE origination flexibilities through March 31.
MBA Advocacy Update Feb. 16 2021
On Thursday, the House Financial Services Committee passed legislation along party lines that includes key housing provisions of President Biden’s $1.9 trillion American Rescue Plan. On Tuesday, the Federal Housing Finance Agency extended its foreclosure and eviction moratorium for Enterprise-backed, single-family mortgages and REO properties through March 31. FHFA also announced it would extend GSE origination flexibilities through March 31.