Late Friday, Ginnie Mae issued All Participants Memorandum 20-03 (APM 20-03), which expands its Issuer assistance programs to current circumstances stemming from the coronavirus pandemic. The APM introduces a new version of its existing Pass-Through Assistance Program for use by issuers facing a temporary liquidity shortfall directly attributable to the COVID-19 National Emergency.
Tag: Pete Mills
MBA Advocacy Update
On Tuesday, MBA President and CEO Bob Broeksmit, CMB, issued a statement responding to FHFA Director Mark Calabria’s comments dismissing the need at this time for a federally backed liquidity facility to assist mortgage servicers during the COVID-19 pandemic. MBA continues to advocate for the industry to help MBA members address the financing needs of their customers during the ongoing pandemic, and we will provide updates as they become available.
MBA Advocacy Update
In this week’s communication, you will find several updates pertaining to MBA’s efforts regarding the coronavirus (COVID-19) pandemic and other industry activities. For additional updates related to COVID-19, please visit MBA’s residential community page for helpful resources and other policy developments.
MBA Advocacy Update
In this week’s communication, you will find several updates pertaining to MBA’s efforts regarding the coronavirus (COVID-19) pandemic and other industry activities. For additional updates related to COVID-19, please visit MBA’s residential community page for helpful resources and other policy developments.
MBA Advocacy Update
MBA remains active on efforts regarding the coronavirus (COVID-19) pandemic. In this week’s communication, you will find several updates pertaining to industry efforts to provide relief to both our members and their customers.
MBA Advocacy Update
MBA remains active on efforts regarding the coronavirus (COVID-19) pandemic. In this week’s communication, you will find several updates pertaining to industry efforts to provide relief to both our members and their customers.
MBA Advocacy Update
MBA continues to monitor the potential spread and impact of the coronavirus. In this week’s communication, you will find several updates pertaining to industry efforts to provide relief to both our members and their customers. Also in this week’s communication, you will find several critical updates related to other industry activities.
MBA Advocacy Update
MBA continues to monitor the potential spread and impact of the coronavirus. In this week’s communication, you will find several updates pertaining to industry efforts to provide relief to both our members and their customers. Also in this week’s communication, you will find several critical updates related to other industry activities.
MBA Offers OMB Recommendations on Improving Regulatory Enforcement, Adjudication
The Mortgage Bankers Association, in a March 16 letter to the Office of Management and Budget, offered a series of recommendations and best practices as it considers changes to its regulatory enforcement proceedings and administrative adjudications.
MBA, Trade Groups Cite Strong Concerns with PACE Programs
The Mortgage Bankers Association and nearly a dozen industry trade groups told Federal Housing Finance Agency Director Mark Calabria that Property Assessed Clean Energy programs—known as PACE programs—pose safety and soundness issues for the real estate finance industry.