Take Action With the Mortgage Action Alliance (MAA)

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.

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Check out a recent edition of MBANow with the 2019-2020 MAA Chairman Jeffrey C. Taylor, Co-Founder & Managing Director of Mphasis Digital Risk, where he discusses the importance of MAA and just how easy it is for companies to get their employees involved.

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Write a letter to your elected officials introducing yourself and your business. Be sure to mention your impact on your local community.

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Legislative Updates from the Mortgage Action Alliance

Last Monday, the U.S. Supreme Court issued its decision in Seila Law LLC v. Consumer Financial Protection Bureau, holding that the CFPB's single-director structure violates the Constitution's separation of powers scheme while also ruling that the CFPB can continue to operate. Last Tuesday, the House Financial Services Committee held another in a series of oversight hearings on the Fed and Treasury's implementation of COVID-19 relief measures. Two weeks ago, MBA-supported bipartisan Senate legislation that would provide a Neighborhood Home Investment tax credit to fuel affordable housing development was introduced. And finally last week, MBA announced the completion of its model executive order for states to enable remote notarizations during the health crisis created by the COVID-19 pandemic.

This week, the House returns to remote hearing work, with the House Appropriations Committee's subcommittees planning to mark-up Fiscal Year (FY) 2021 spending bills (including HUD's budget) this week, with consideration at the full committee level to follow next week. Though the Senate is in recess for the next two weeks, the GOP leadership could possibly pivot to the crafting of another coronavirus response package upon returning the week of July 20.

July 8, 2020

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2019-2020 MAA Chairman Jeffrey C. Taylor

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