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.
Tag: Pete Mills
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.
MBA Advocacy Update Feb. 8 2021
On Tuesday, MBA, along with several trade organizations, submitted a letter to the Office of the Comptroller of the Currency responding to its approach to the Community Reinvestment Act. On Thursday, the House Financial Services Committee held a hearing on the next COVID-19 relief legislation. And the Senate Banking Committee approved Rep. Marcia Fudge’s nomination to be HUD secretary.
MBA Comment Letter Asks Level Playing Field on Consumer Access to Financial Records
The Mortgage Bankers Association submitted a comment letter yesterday to the Consumer Financial Protection Bureau, asking that a Bureau proposal on consumer access to financial records provide a level playing field for all authorized data users and promotes consumer awareness in the ways that data are accessed and used.
MBA Advocacy Update Feb. 2 2021
On Jan. 28, the Senate Banking Committee conducted a hearing on the nomination of Rep. Marcia Fudge (D-OH) to serve as the next HUD Secretary. Also last week, Senz. Ben Cardin (D-MD) and Rob Portman (R-OH) introduced S. 98, the Neighborhood Homes Investment Act, a bill that would create a new federal tax credit to fuel development in underserved rural and urban communities across the country.
MBA Advocacy Update Feb. 1 2021
On Jan. 28, the Senate Banking Committee conducted a hearing on the nomination of Rep. Marcia Fudge (D-OH) to serve as the next HUD Secretary. Also last week, Senz. Ben Cardin (D-MD) and Rob Portman (R-OH) introduced S. 98, the Neighborhood Homes Investment Act, a bill that would create a new federal tax credit to fuel development in underserved rural and urban communities across the country.