On Wednesday, the Federal Housing Finance Agency issued a final rule establishing a revised capital framework for Fannie Mae and Freddie Mac. The final capital framework follows an initial proposal put forth by FHFA in 2018, which was re-proposed in 2020.
Tag: Pete Mills
MBA Advocacy Update Nov. 23 2020
On Wednesday, the Federal Housing Finance Agency issued a final rule establishing a revised capital framework for Fannie Mae and Freddie Mac. The final capital framework follows an initial proposal put forth by FHFA in 2018, which was re-proposed in 2020.
MBA Advocacy Update Nov. 17, 2020
On Friday HUD released its annual report detailing the financial condition of the FHA Mutual Mortgage Insurance Fund. On Tuesday and Thursday, federal prudential regulators from the Federal Reserve, FDIC, OCC and NCUA appeared before the Senate Banking Committee and the House Financial Services Committee to discuss the economic impact of the COVID-19 pandemic.
MBA Advocacy Update Nov. 16, 2020
On Friday HUD released its annual report detailing the financial condition of the FHA Mutual Mortgage Insurance Fund. On Tuesday and Thursday, federal prudential regulators from the Federal Reserve, FDIC, OCC and NCUA appeared before the Senate Banking Committee and the House Financial Services Committee to discuss the economic impact of the COVID-19 pandemic.
MBA Advocacy Update–Nov. 9, 2020
MBA continues to closely monitor the results of our national elections and will provide a more thorough analysis as remaining details are finalized. In addition, MBA is closely tracking three California ballot initiatives that impact the real estate finance industry.
MBA Advocacy Update–Nov. 9, 2020
MBA continues to closely monitor the results of our national elections and will provide a more thorough analysis as remaining details are finalized. In addition, MBA is closely tracking three California ballot initiatives that impact the real estate finance industry.
MBA Advocacy Update Nov. 2, 2020
On Wednesday, HUD extended FHA’s appraisal and reverification of employment flexibilities through December 31. On Tuesday, MBA submitted comments in response to the proposed interagency flood insurance Q&A jointly issued by the OCC, the Federal Reserve, FDIC, NCUA and FCA. Also on Tuesday, MBA issued a call to action to MAA members in Pennsylvania urging Gov. Tom Wolf to approve legislation (HB 2370) that would permanently enable the use of RON in the state.
MBA Advocacy Update Oct. 26, 2020
On Monday at the MBA Annual Convention and Expo 2020, Federal Housing Finance Agency Director Mark Calabria announced a proposed rule regarding development of new products and activities by the GSEs.
MBA Advocacy Update Oct. 26, 2020
On Monday at the MBA Annual Convention and Expo 2020, Federal Housing Finance Agency Director Mark Calabria announced a proposed rule regarding development of new products and activities by the GSEs.
MBA Advocacy Update Oct. 19, 2020
On Tuesday, MBA submitted comments supporting the Federal Housing Finance Agency’s proposed rule to extend the current GSE affordable housing goals by one year to allow for a better assessment of the economic landscape. In addition, MBA is continuing to work with its state and local partner associations to advocate for extension of work-from-home guidance and “no action” letters permitting state licensed staff to work remotely during the pandemic.