The Mortgage Bankers Association, in a Dec. 23 letter to Ginnie Mae, offered a series of recommendations as the agency develops its upcoming Digital Collateral Guide.
Tag: Pete Mills
MBA Year-End Advocacy Update
In 2019, with the confirmation of Mark Calabria to head the Federal Housing Finance Agency and the release of the Trump administration’s reform plans, housing finance reform took center stage again. Against that backdrop, MBA continued to assert its position as the thought leader on all elements of housing finance reform.
MBA Advocacy Update
On Thursday Congress passed, and the president signed into law, another short-term continuing resolution to fund the government until December 20. On Tuesday, the Federal Housing Finance Agency announced plans to repropose the agency’s rule on capital requirements for Fannie Mae and Freddie Mac in 2020. And this Sunday, November 24, the mortgage loan originator temporary authority law will go into effect.
GSEs Publish Updated Redesigned URLA, Supporting Documents
Fannie Mae and Freddie Mac yesterday published static components of their updated redesigned Uniform Residential Loan Application.
MBA Letter Lauds FDIC Proposed ‘Safe Harbor’ Rulemaking
The Mortgage Bankers Association, in an Oct. 21 letter to the Federal Deposit Insurance Corp., expressed strong support for a proposed rulemaking that would remove barriers for issuance of private residential mortgage-backed securities without jeopardizing safety and soundness of RMBS sponsors or investors.