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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Legislative Updates from the Mortgage Action Alliance

Last week, the Senate passed legislation that would ease restrictions on the SBA's Paycheck Protection Program, which President Trump signed into law on Friday, June 5. And HUD released Mortgagee Letter 2020-16, which details the revised FHA policy for providing insurance on loans in "early payment forbearance," or loans for which the borrower requests forbearance after closing but before FHA insurance endorsement.

This week's legislative agenda includes multiple congressional hearings on the impact the economic job loss has had on the housing market - both purchase and rental. Yesterday, the Senate Banking Committee held an oversight hearing on federal housing regulators, which featured testimony from HUD Secretary Ben Carson and FHFA Director Mark Calabria. Earlier today, the Senate Small Business Committee held a hearing on CARES Act implementation, which featured SBA Administrator Jovita Carranza and Treasury Secretary Steven Mnuchin, and the House Financial Services Subcommittee on Housing, Community Development, and Insurance held a virtual hearing on rental assistance.Next week is MORPAC Action Week, a national, industry-wide campaign aimed at strengthening the only PAC that represents the entire real estate finance industry. For more information, click here.

June 10, 2020

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2019-2020 MAA Chairman Jeffrey C. Taylor

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