Take Action With the Mortgage Action Alliance (MAA)
In This Section
Speak directly with your members of Congress, state legislators and federal regulators about the impact of proposed legislation or regulations with the Mortgage Action Alliance, Inc.® (MAA). This voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association (MBA), is dedicated to strengthening the industry's voice and lobbying power in Washington, DC and state capitals across America.
Get involved with MAA to play an active role in how laws and regulations that affect the industry and consumers are created and carried out by lobbying and building relationships with policymakers. It only takes a moment to get started, and you do not have to be a member of MBA to enroll.
You can share this animated video with your colleagues, which outlines MBA's advocacy programs and the importance of getting involved.
Share Your Story With Your Elected Officials
Write a letter to your elected officials introducing yourself and your business. Be sure to mention your impact on your local community.
Legislative Updates from the Mortgage Action Alliance
On Tuesday, the full House of Representatives passed two identical iterations of the Protecting Affordable Mortgages for Veterans Act of 2019. The bills (H.R. 1988 and S. 1749) correct a drafting error resulting from prior legislation that resulted in "orphaned" VA refinance loans from being pooled into Ginnie Mae securities. Because this MBA-supported legislation (S. 1749) was passed by the full Senate in June, it now will head to the President's desk for his signature in the coming days.
The House Financial Services Committee is holding a significant mark-up - with as many as 20 bills on the docket - beginning this morning and stretching until Tuesday, July 16. The focus of the proposals will be grouped into four major policy areas: Consumer Protection, Diversity and Inclusion, Housing, and Investor Protection. MBA offered policy feedback on the bills pertinent to real estate finance in a letter to the committee. And, the Senate Banking Committee will hold a hearing today to review the Fed's semiannual monetary policy report to Congress.
July 11, 2019