House Gives Final Approval to $1.9 Trillion Stimulus Package

The House on Wednesday approved a $1.9 trillion economic stimulus package, giving the Biden Administration a key legislative victory and providing relief to millions of Americans affected by the coronavirus pandemic. President Biden signed the bill into law on Thursday.

House Gives Final Approval to $1.9 Trillion Stimulus Package

The House yesterday approved a $1.9 trillion economic stimulus package, giving the Biden Administration a key legislative victory and providing relief to millions of Americans affected by the coronavirus pandemic.

MBA Letters Address GSE Liquidity Requirements, ‘Living Wills’

The first letter offers recommendations on how FHFA can improve its framework for codifying new liquidity requirements for Fannie Mae and Freddie Mac. The second letter addresses an FHFA proposal to require Fannie and Freddie to develop and maintain “living wills” in the event one or both of them becomes insolvent.

Senate Confirms Marcia Fudge as HUD Secretary

The Senate Wednesday afternoon confirmed Marcia Fudge, the Biden Administration’s nominee as HUD Secretary, by a 66-34 vote. The Senate also approved Merrick Garland’s nomination as Attorney General.

MBA Letters Address GSE Liquidity Requirements, ‘Living Wills’

The first letter offers recommendations on how FHFA can improve its framework for codifying new liquidity requirements for Fannie Mae and Freddie Mac. The second letter addresses an FHFA proposal to require Fannie and Freddie to develop and maintain “living wills” in the event one or both of them becomes insolvent.

MBA Announces Members of Affordable Housing Advisory Councils for 2021

The Mortgage Bankers Association announced members of its advisory councils for affordable rental housing and homeownership for 2021. The advisory councils were formed in 2019 to provide important strategic and practical guidance to MBA’s CONVERGENCE Initiative, the association’s affordable housing effort.

MBA Announces Members of Affordable Housing Advisory Councils for 2021

The Mortgage Bankers Association announced members of its advisory councils for affordable rental housing and homeownership for 2021. The advisory councils were formed in 2019 to provide important strategic and practical guidance to MBA’s CONVERGENCE Initiative, the association’s affordable housing effort.