MBA Joint Letter Urging Veto of COPA
2025
Comment Letters
FHA Multifamily
GSE Multifamily
Policy Issue
Residential
State and Local Issues
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Residential Mortgage Professionals
- Working For: Community Bank Professionals
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Commercial Real Estate Finance Professionals
- Working For: CREF Banks and Depositories
- Working For: CREF Life Companies
- Working For: CREF Private Credit
- Working For: CREF Structured Finance
- Working For: Agencies
- Working For: FHA Multifamily
- Working For: CREF Intermediaries
- Working For: CREF Servicers
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- Working For: CREF Senior Executives
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The New York Mortgage Bankers Association (NYMBA) and the national Mortgage Bankers Association (MBA) write to urge your veto of Intro 902-A, the Community Opportunity to Purchase Act (“COPA”). This proposal will limit new development of multifamily properties in the City and exacerbate the affordable housing problem.
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