Advocacy and Policy
In This Section
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
- Register for MBA's Accounting & Financial Management Conference, November 19-21, in San Diego, CA. Hear MBA legislative and policy staff dissect and analyze pending congressional bills, as well as upcoming and current finance and housing agencies' regulations.
- At MBA's 2019 Annual Convention and Expo in Austin, Texas, Secretary Ben Carson revealed that HUD and the DOJ issued a Memorandum of Understanding that establishes guidelines on how the agencies will use the False Claims Act to enforce potential violations of FHA requirements. This is a significant step toward providing clarity for those currently participating in the FHA program. Click here to view MBA's statement.
- After several years of work by MBA to reduce lenders' risk of facing False Claims Act penalties for minor errors, HUD has released all four elements of a plan to provide greater certainty to lenders. These include revisions to the Annual and Loan Level Certifications, the Defect Taxonomy, and, most recently, the HUD-DOJ Memorandum of Understanding that establishes guidelines on when and how the agencies will use the False Claims Act.
- MBA LIBOR Committee Releases Summary of Proposed Transition Tax Guidance
To help MBA members navigate LIBOR transition, MBA's LIBOR Outreach Committee has developed a summary of the recent Treasury/IRS proposed guidance on the tax implications of LIBOR transition, Transitioning from LIBOR: Proposed Regulations Offer Guidance on Avoiding Adverse Tax Consequences.
This summary identifies the provisions of the proposed regulations most relevant to issuers and noteholders (including securitization vehicles like REMICs and grantor trusts) under the terms of debt instruments where the issuer's loan obligations are secured by commercial real estate.