Advocacy Update Archive

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  • MBA Advocacy Update

    With both the House and Senate officially on August recess, members of Congress are in their home states until early September. Just prior to departing for its August recess, the SAFE Transitional License Act was introduced in the Senate. MBA has also developed an "Advocacy in August" toolkit to hel

  • MBA Advocacy Update

    Even as legislators return to their states and districts, numerous comment letters from MBA to the Executive Branch are highlighted below within this week's update on a variety of regulations and policies important to the entire industry.

  • MBA Advocacy Update

    The Senate Appropriations Committee unanimously approved a T-HUD funding bill with several provisions addressing needs at both HUD and FHA.

  • MBA Advocacy Update

    The Senate Banking Committee last week held a hearing on GSE reform and small lender access to the secondary mortgage market. The committee's leadership also unveiled a draft bipartisan bill to reauthorize the National Flood Insurance Program for six years.

  • MBA Advocacy Update

    On July 10, the House Appropriations subcommittee on Transportation, Housing and Urban Development approved by voice vote its Fiscal Year 2018 vehicle to fund those agencies.

  • MBA Advocacy Update

    The House and Senate were in recess last week for the Independence Day holiday. Both chambers will be back in session today.

  • MBA Advocacy Update

    Last week, MBA President & CEO David Stevens, CMB, testified before the Senate Banking Committee on the need for comprehensive GSE reform.

  • MBA Advocacy Update

    MBA held its National Advocacy Conference last week with 365 members coming to Washington D.C. and meeting with their elected officials. Additionally, H.R. 2948, the SAFE Transitional Licensing Act, was introduced in the House.

  • 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.

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