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 Thursday, MBA asked HUD to withhold publication of the final disparate impact rule and to bring the housing, lending, and civil rights communities together for renewed discussions about how to address the wide housing and wealth gaps faced by communities of color. On Tuesday, July 14, FSOC announced that it had begun a review of risks to the secondary mortgage market. And on Monday, July 13, MBA sent a letter to the House Appropriations Committee urging approval of key industry-supported provisions within HUD's Fiscal Year (FY) 2021 budget.

House and Senate lawmakers returned this week to begin a two-week legislative blitz to close out the month of July before leaving for the August district work period. Negotiations between the Congress and administration on a potential next COVID-19 relief package are now expected to begin in earnest, with Senate Republicans widely expected to introduce a proposal this week. Tomorrow, the full House Financial Services Committee will hold a hearing on the housing-related section of the HEROES Act (Division K). The Senate Banking Committee met yesterday to consider the nominations of Judy Shelton and Christopher Waller to be Members of the Federal Reserve Board of Governors.

Stay tuned for more information on our Advocacy in August campaign, which aims to activate new and existing MAA members in key states and congressional districts. Additional information will be circulated next week. To tell us about your previous experience as an advocate, take our grasstops survey.

July 22, 2020

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2019-2020 MAA Chairman Jeffrey C. Taylor

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