Advocacy and Policy

As the leading voice for our industry, we offer a comprehensive view of policy implications in the real estate finance space. We rely on our diverse membership to provide the practical knowledge that makes a real difference on the issues that matter most to the economy, real estate finance industry and its customers.

Explore our active issues by market focus or make a difference today by being an industry advocate. 

Spotlight on What is New and Important Right Now

  1. MBA's National Advocacy Conference 2020 is open! Attend April 21-22 in Washington, DC and this year you can bring a colleague for FREE on us! 

  2. On January 17, CFPB Director Kathy Kraninger provided a letter to senior Members of Congress regarding the Bureau's plans for a revised Qualified Mortgage (QM) standard. The QM revisions described in the letter are consistent with detailed recommendations recently made by MBA,including a temporary extension of the GSE patch and eliminating the use of DTI ratios as a standalone threshold in the QM definition, which would also remove the need to use the rigid, outdated Appendix Q methodology for calculating borrower income and debt. Kraninger notes that the Bureau expects to issue a formal proposal no later than May 2020.

  3. MBA released data privacy principles last year, including the need for national preemption and a GLBA entity-level exemption. These principles will be of increasing importance as state and federal legislators tackle key data privacy issues.

  4. Congress Reauthorizes TRIA and Extends NFIP as it Advances $1.4 Trillion Spending Deal to Avert Government Shutdown. Last week, Congress passed spending bills for FY 2020 that would fund all federal agencies through September 30, 2020. As a result of MBA's advocacy, the bills contain several key policy priorities, including reauthorization of the Terrorism Risk Insurance Act (TRIA) for seven years, and an extension of the NFIP through FY 2020. TRIA is essential to ensuring that commercial real estate financing can continue uninterrupted.  MBA President and CEO Bob Broeksmit, CMB, released a statement congratulating Congress and calling on President Trump to quickly sign the bill.

Ways to Get Involved and Make a Difference