Advocacy Update Archive

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  • MBA Advocacy Update

    The Senate Banking Committee approved the nomination of Pam Patenaude to be the Deputy Secretary of Housing and Urban Development. MBA President and CEO David Stevens issued a supportive statement emphasizing their many years of working together and that her knowledge of real-estate finance and deep

  • MBA Advocacy Update

    This past Tuesday the Senate Banking Committee held a hearing on the nomination of Pamela Hughes Patenaude to serve as Deputy Secretary for HUD. The Committee is scheduled to vote on her nomination--and to report it to the full Senate for consideration--on June 13.

  • MBA Advocacy Update

    Congress was in recess last week for the Memorial Day break. When they return this week, the Senate Banking Committee will hold a hearing on the nomination of Pamela Hughes Patenaude to serve as Deputy Secretary at HUD and the House Financial Services Committee will hold another hearing on flood ins

  • MBA Advocacy Update

    The U.S. Court of Appeals for the District of Columbia Circuit heard arguments in PHH vs. CFPB last week, a case regarding the constitutionality of the Consumer Financial Protection Bureau's single-director structure.

  • MBA Advocacy Update

    Treasury Secretary Steven Mnuchin made his first appearance before the Senate Banking Committee last week and answered questions on an array of topics, including GSE reform. In the House, the Ways and Means Committee kicked off the tax reform debate with the first in an expected series of hearings o

  • MBA Advocacy Update

    After three days of contentious debate, the House Financial Services Committee took an important step in dismantling the Dodd-Frank Act, approving a bill by Chairman Jeb Hensarling, R-Texas, to repeal and replace broad swaths of the 2010 law in a party-line vote.

  • MBA Advocacy Update

    The Senate took the first steps last week in the emerging debate on housing finance reform, as FHFA Director Mel Watt testified before the Senate Banking Committee on the status of the Fannie Mae and Freddie Mac conservatorships.

  • MBA Newslink Monday 5-1-17

    "Pam is exceptional choice. Personally, I have worked with her for a number of years and she is exactly the kind of leader who will help support the secretary and also address the critical issues ahead for HUD. She has a well-informed understanding of the agency, and essential technical knowledge of

  • MBA Advocacy Update

    On Friday, President Trump announced he intends to nominate Pam Patenaude to be Deputy Secretary of HUD. And Congress moved closer to finalizing an omnibus appropriations bill--more than seven months into the current fiscal year.

  • MBA Advocacy Update

    MBA released its GSE reform proposal late last week, which provides a detailed picture of a reformed and revitalized secondary mortgage market.

  • MBA Advocacy Update

    MBA formally submitted recommendations to the Trump administration on improving the financial regulatory landscape, emphasizing the need to revisit the Consumer Financial Protection Bureau's mortgage-related rules--including TILA-RESPA disclosures, the Qualified Mortgage definition and servicing--as

  • MBA Advocacy Update

    Congress heads home for a two-week recess, but a host of complex fiscal issues await the House and Senate when they return.

  • MBA Advocacy Update

    MBA Chairman-Elect J. David Motley, CMB, testified on Capitol Hill last week on regulatory impediments to mortgage lending, urging Congress to make modifications to the Consumer Financial Protection Bureau's Qualified Mortgage rule and require that the Bureau issue formal written guidance to help le

  • MBA Advocacy Update

    House Financial Services Committee Chairman Jeb Hensarling, R-Texas, announced this week that the Committee would take a two-track approach toward repealing portions of the Dodd-Frank Act, breaking up his Financial CHOICE Act into smaller, more targeted bills in addition to continuing to push for th

  • MBA Advocacy Update

    On Mar. 16, President Trump formally submitted the Administration's budget blueprint for the next fiscal year, of which MBA has prepared an in-depth analysis for members.

  • MBA Advocacy Update

    The House Financial Services Committee kicked off hearings on the National Flood Insurance Program, which must be reauthorized by October. And a bipartisan group of senators and representatives reintroduced an MBA-supported bill to stimulate the private flood insurance market.

  • MBA Advocacy Update

    After more than a month of delays, Ben Carson was finally confirmed by the Senate to serve as President Trump's HUD Secretary.

  • MBA Advocacy Update

    President Trump heads to Capitol Hill this week for his first address to a joint session of Congress.

  • MBA Advocacy Update

    The Senate continued to churn through President Trump's cabinet nominees, narrowly confirming Steven Mnuchin and Mick Mulvaney to lead the Treasury Department and White House Budget Office, respectively.

  • MBA Advocacy Update

    The Senate continues to work its way through Cabinet nominations, with a final vote on Steve Mnuchin, the president's pick to lead the Treasury Department, expected Monday evening.

  • MBA Advocacy Update

    President Trump issued an Executive Order Friday, beginning the process of revising Dodd-Frank Act financial regulations as well as the fiduciary rule previously announced by the Obama Administration.

  • MBA Advocacy Update

    Ben Carson moved one step closer to taking the reins at HUD when the Senate Banking Committee unanimously approved his nomination to serve as its next secretary.

  • MBA Advocacy Update

    The days and weeks that follow are sure to bring a flurry of activity on both the regulatory and legislative fronts, as the new President and Congress work to implement their priorities.

  • MBA Advocacy Update

    With less than a week to go before the Inauguration, the Senate continues to expedite President-elect Trump's cabinet picks, holding a full slate of confirmation hearings last week.

  • MBA Advocacy Update

    As Washington prepares for the Presidential Inauguration, and weathers the ongoing Trump Administration transition, a number of confirmation hearings have been scheduled for this week.

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