The Mortgage Bankers Association and more than a dozen industry trade groups on Monday urged Senate leadership to support legislation that would address “tough legacy” contracts that currently reference the soon-to-expire London InterBank Offered Rate.
Tag: Senate
Senate Approves Alanna McCargo as Ginnie Mae President
The Senate on Tuesday approved Alanna McCargo as President of Ginnie Mae by voice vote.
MBA, Trade Groups Urge Senate Confirmation of Julia Gordon as FHA Commissioner
The Mortgage Bankers Association and nearly three dozen industry trade groups sent a letter to Senate leadership urging confirmation of Julia Gordon as HUD Assistant Secretary for Housing and Commissioner of the Federal Housing Administration.
MBA MAA ‘Call to Action’ on GSE ‘G-Fees’
The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a ‘Call to Action’ on Monday to its 70,000-plus members urging them to tell their elected officials to not use government-sponsored enterprise guaranty fees (g-fees) as a source of funding offsets.
MBA, Trade Groups Reiterate Opposition to G-Fee Offsets
Fresh off of last week’s regulatory victory in which the Federal Housing Finance Agency withdrew its controversial adverse market refinance fee, the Mortgage Bankers Association and several dozen industry trade groups took fresh aim at another controversial practice—a move in Congress to use the government-sponsored enterprises’ guaranty fees—known as “g-fees”—to offset funding for non-housing programs.
MBA Urges Senate to Approve Marcia Fudge as HUD Secretary
The Mortgage Bankers Association sent a letter this week urging the Senate to approve Marcia Fudge, the Biden Administration’s nominee as HUD Secretary.
MBA Letter Urges Senate to Approve Provisions in Coronavirus Relief Package
The Mortgage Bankers Association sent a letter this week to Senate leadership urging support for a number of provisions in H.R. 1319, the American Rescue Plan Act of 2021, a $1.9 trillion economic stimulus package that passed the House last week.
The Week Ahead—Feb. 8, 2021
Good morning! Welcome to another extraordinary week in Washington. Beginning Tuesday, Feb. 9, former President Donald Trump faces an historic second impeachment trial in the Senate.
The Week Ahead
Good morning and happy Monday! Welcome to October; or as 2020 would say, “hold my beer.”
The Week Ahead
Good morning! And congratulations—you’ve made it through another month of 2020! Only five more months to go! Just don’t open any unsolicited seed packets…