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.
Tag: Senate
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…
Senate Confirms Dana Wade as FHA Commissioner
he Senate yesterday confirmed Dana Wade as FHA Commissioner by a 57-40 vote. The Mortgage Bankers Association strongly supported Wade’s nomination.
Senate Approves Montgomery HUD Nomination; Dana Wade FHA Nomination Next Up
It seemed like it took forever—and in political terms, seven months feels like forever—but Brian Montgomery is finally, officially, HUD Deputy Secretary.
Senate Approves Montgomery HUD Nomination; Dana Wade FHA Nomination on Tap Today
It seemed like it took forever—and in political terms, seven months feels like forever—but Brian Montgomery is finally, officially, HUD Deputy Secretary.
The Week Ahead
Congress was expected to reconvene today. The Senate is here; the House is not. House Democrats decided last week that the proximity of 435 Members—some wearing face masks, some defiantly not—was not prudent, particularly in a city that saw its highest death tolls yet from the coronavirus over the past several days.