The Mortgage Action Alliance, the grassroots advocacy arm of the Mortgage Bankers Association, issued a “Call to Action” yesterday urging its members to contact their House representative in support of legislation that would promote consumer access to credit during the coronavirus pandemic.
Tag: Rep. Maxine Waters
MBA, Trade Groups Release Statement Urging Regulators to Establish Liquidity Facility
The Mortgage Bankers Association and a broad coalition of organizations representing financial industry and affordable housing advocates on Saturday released a statement calling on government regulators to provide a source of liquidity to those mortgage servicers that may need additional capacity to support homeowners and renters impacted by COVID-19.
House Committee Asks Regulators, Financial Institutions to Report on Coronavirus Actions
House Financial Services Committee Chair Maxine Waters, D-Calif., sent a letter to Administration officials, regulators and financial services organizations (including MBA President and CEO Robert Broeksmit, CMB, and credit reporting agencies expressing concerns about risks related to the coronavirus pandemic and steps they are taking to prevent Americans and the financial system from being harmed.
MBA Updates Coronavirus Resource Center; House Committee Asks MBA for Input on COVID-19 Consumer Protections; MBA Coronavirus Webinar Today
It seems the only thing moving faster than COVID-19 itself—now classified as a pandemic by the World Health Organization—is news about the coronavirus. Here is a quick update from the Mortgage Bankers Association: