Last week, more than 400 state/local leaders and rank-and-file MBA members assembled in Washington to meet elected officials and key congressional staffers on Capitol Hill.
Tag: Pete Mills
MBA Advocacy Update Apr. 17, 2023
MBA, NYMBA, ABA, NYBA and HPC filed a joint Amicus brief with the New York State Appellate Division of the Supreme Court in support of the plaintiff in U.S. Bank National Association v. Simon. In this case, the plaintiff is, in part, challenging the constitutionality of New York’s Foreclosure Abuse Prevention Act
MBA Advocacy Update Apr. 17, 2023
MBA, NYMBA, ABA, NYBA and HPC filed a joint Amicus brief with the New York State Appellate Division of the Supreme Court in support of the plaintiff in U.S. Bank National Association v. Simon. In this case, the plaintiff is, in part, challenging the constitutionality of New York’s Foreclosure Abuse Prevention Act
MBA Advocacy Update Apr. 10, 2023
Last Friday, MBA submitted comments on the Consumer Financial Protection Bureau’s proposed rule requiring nonbank financial firms that are under a final court order or regulatory order to enter those into an online registry.
MBA Advocacy Update Apr. 10, 2023
Last Friday, MBA submitted comments on the Consumer Financial Protection Bureau’s proposed rule requiring nonbank financial firms that are under a final court order or regulatory order to enter those into an online registry.
MBA Urges CFPB to Withdraw Nonbank Registry Proposal
The Mortgage Bankers Association, in its second letter this week to the Consumer Financial Protection Bureau, urged the Bureau to withdraw a proposal requiring nonbanks to register and report their use of certain terms and conditions in form contracts for consumer financial products and services.
MBA, State Regulators Ask CFPB to Withdraw Nonbank Registry Proposal
The Mortgage Bankers Association urged the Consumer Financial Protection Bureau to withdraw a controversial proposal requiring covered nonbank financial institutions to register with and report to the Bureau when they become subject to certain public local, state, or federal consumer financial protection agency or court orders.
MBA Advocacy Update Apr. 3, 2023
On Wednesday, the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will allow borrowers facing financial hardship to defer up to six months of mortgage payments.
MBA Letter Addresses Risks to Proposed SEC Rule on Securitizations
The Mortgage Bankers Association, in a Mar. 27 letter to the Securities and Exchange Commission, said a proposed rule to curb certain material conflicts of interest in securitizations is flawed and would present risks to that market.
MBA Letter Addresses Risks to Proposed SEC Rule on Securitizations
The Mortgage Bankers Association, in a Mar. 27 letter to the Securities and Exchange Commission, said a proposed rule to curb certain material conflicts of interest in securitizations is flawed and would present risks to that market.