The Mortgage Bankers Association, in a letter this week to the Federal Housing Finance Agency, said FHFA should extend current affordable housing goals for Fannie Mae and Freddie Mac, given current economic uncertainty.
Tag: Pete Mills
MBA Advocacy Update Oct. 12, 2020
On Monday, MBA submitted comments to the Federal Housing Finance Agency in response to its Strategic Plan for Fiscal Years 2021-2024. The Strategic Plan includes several important reforms to the market conduct of the GSEs. And on Wednesday, the Consumer Financial Protection Bureau released new guidance on RESPA and marketing services agreements.
MBA Advocacy Update Oct. 12, 2020
On Monday, MBA submitted comments to the Federal Housing Finance Agency in response to its Strategic Plan for Fiscal Years 2021-2024. The Strategic Plan includes several important reforms to the market conduct of the GSEs. And on Wednesday, the Consumer Financial Protection Bureau released new guidance on RESPA and marketing services agreements.
MBA Advocacy Update Oct. 6, 2020
On Wednesday, President Trump and Congress agreed to a Continuing Resolution that funds the federal government through mid-December and reauthorizes the National Flood Insurance Program through September 30, 2021.
MBA Advocacy Update
On Wednesday, President Trump and Congress agreed to a Continuing Resolution that funds the federal government through mid-December and reauthorizes the National Flood Insurance Program through September 30, 2021.
MBA Advocacy Update
Federal Reserve Chairman Jay Powell and Treasury Secretary Steven Mnuchin testified before House and Senate committees regarding the government’s response to the COVID-19 pandemic. On Tuesday, the Federal Housing Finance Agency published its strategic plan for the years 2021 through 2024, highlighting the agency’s ongoing efforts to reform the GSEs and improve its own internal operations.
MBA Advocacy Update
Federal Reserve Chairman Jay Powell and Treasury Secretary Steven Mnuchin testified before House and Senate committees regarding the government’s response to the COVID-19 pandemic. On Tuesday, the Federal Housing Finance Agency published its strategic plan for the years 2021 through 2024, highlighting the agency’s ongoing efforts to reform the GSEs and improve its own internal operations.
MBA Advocacy Update Sept. 22, 2020
MBA and several trade organizations sent a letter to Congress asking them to consider a longer-term solution to the National Flood Insurance Program, which is set to expire at the end of the month. Also last week, the Supreme Court set oral arguments for December 9 in Collins v. Mnuchin, the case that will determine the constitutionality of the FHFA’s independent director structure.
MBA Advocacy Update
MBA and several trade organizations sent a letter to Congress asking them to consider a longer-term solution to the National Flood Insurance Program, which is set to expire at the end of the month. Also last week, the Supreme Court set oral arguments for December 9 in Collins v. Mnuchin, the case that will determine the constitutionality of the FHFA’s independent director structure.
MBA Advocacy Update Sept. 14, 2020
With Congress (most notably the Senate) unable to reach consensus on the passage of any additional COVID-related economic relief, MBA sent a letter last Tuesday to the CFPB responding to the Bureau’s proposed rule revising the General QM definition. The letter explains MBA’s support for the price-based QM construct, and offers several recommendations to help ensure the rule meets its stated goals of robust consumer protections and broad access to sustainable credit.