On February 25 MBA submitted a comment letter on the Consumer Financial Protection Bureau’s concurrent proposal--released simultaneously with the Final Rule--and amending this final ability to repay/qualified mortgage rule.
The comment letter … [Continue Reading]
With the battle over sequestration behind them, congressional leaders turned their attention to the expiring continuing resolution that is funding much of the federal government through March 27. With oth parties … [Continue Reading]
MBA President and CEO David Stevens traveled to Capitol Hill last week to testify before the Senate Banking Committee hearing on the Federal Housing Administration’s financial condition in the wake of the recent actuarial report that found the … [Continue Reading]
National Mortgage News
by Ted Cornwell
MAR 4, 2013
WE’RE HEARING...If you want to see what a housing recovery looks like on the ground, it’s time to visit Phoenix, as I did recently for the first time in a couple of years.
Gone are … [Continue Reading]
HUD Publishes Disparate Impact Rule in the Federal Register
On Friday, February 15, 2013, the Department of Housing and Urban Development (HUD) published its final disparate impact rule in the Federal Register. The rule has an effective date of 30 … [Continue Reading]