Mortgage Action Alliance - MAA

02/07/2022

SPlaisance 2.7

[WATCH]: MAA Chairman Steven Plaisance reminding everyone that there's no time like the present to join/renew your MAA membership and run a company campaign!

MAA Action Week is set for May 9-13, 2022. Email [email protected] to learn how you can join the 100+ companies and organizations to run a MAA campaign!

#MAAActionWeek #MortgageActionAlliance

https://lnkd.in/e5WQqGqT

This is "SPlaisance 2.7" by Rosie Sheehan on Vimeo, the home for high quality videos and the people who love them.

01/18/2022

SPlaisance Jan18

[WATCH]: MAA Chairman Steven Plaisance wishes everyone a Happy New Year! Start the year off right by quickly joining/renewing your MAA membership and spreading the word across your networks. Advocacy is a numbers game and it takes all of us to make our voice heard! #MortgageActionAlliance #Advocacy

https://lnkd.in/dsn-8PFj

This is "SPlaisance Jan18" by Rosie Sheehan on Vimeo, the home for high quality videos and the people who love them.

12/09/2021

SPlaisance Holiday

[WATCH]: A holiday message from MAA Chairman Steven Plaisance. Wishing you and your families a happy holiday season. We look forward to what we can accomplish together in 2022! #MortgageActionAlliance #HappyHolidays

https://lnkd.in/eicnGX2Q

This is "SPlaisance Holiday" by Rosie Sheehan on Vimeo, the home for high quality videos and the people who love them.

11/12/2021

Thank you to our company captains who got their teams engaged for #MAAActionWeek, and MAA members who helped us to spread the word! Because of you, we continue to make a difference in the industry. Keep the momentum. Stay engaged: https://bit.ly/3ADULLH.

Thank you to all the industry professionals who stood with us to advocate during #MAAActionWeek. The work continues and the Mortgage Action Alliance - MAA still needs your voice. Get engaged with MAA now: http://bit.ly/2p0j1Vo.

11/10/2021

Help us make an impact! Talk to your colleagues about your experience as an industry advocate and why their voice is important. #MAAActionWeek

We’re counting on YOU! Your voice is pivotal to helping us make an impact in Washington. 1 in 5 is not enough. Join the Mortgage Action Alliance - MAA now: https://bit.ly/2HsEqnk. #MAAActionWeek

11/09/2021

We can do better than 20%! Help us get your colleagues signed up for MAA today: https://bit.ly/2HsEqnk. #MAAActionWeek

This cannot wait! Our industry is 330,000 strong but less than 20% are advocates through the Mortgage Action Alliance - MAA – that is not enough. We need YOUR voice to make an impact. Join MAA now: https://bit.ly/2HsEqnk. #MAAActionWeek

11/08/2021

Your participation in #MAAActionWeek has been vital to making an impact! Let’s go even stronger for week two – spread the word and get your colleagues involved in MAA: https://bit.ly/2HsEqnk.

UPDATE: We have extended #MAAActionWeek! Did you know that only 1 in 5 industry professionals are members of the Mortgage Action Alliance - MAA, MBA’s grassroots advocacy network for real estate finance industry professionals? We need EVERYONE to make an impact. Join MAA now: https://bit.ly/2HsEqnk.

11/05/2021

Your voice is pivotal to moving the industry forward! Drop a comment below to let us know why you advocate. #MAAActionWeek

11/04/2021

You are a leader in your community, an expert in your field, and together, we can make the biggest impact. Tell your colleagues to get engaged and join the #MortgageActionAlliance. Sign up: https://bit.ly/2HsEqnk. #MAAActionWeek

Join the Mortgage Action Alliance - MAA to advocate for your business. Get involved on the issues facing the industry: https://bit.ly/2HsEqnk. #MAAActionWeek

11/03/2021

Tell your colleagues to join the #MortgageActionAlliance and start advocating to best serve our customers. Sign up: https://bit.ly/2HsEqnk. #MAAActionWeek

Join the Mortgage Action Alliance - MAA, to advocate for your customers. Help contribute to the success of housing in America: https://bit.ly/2HsEqnk. #MAAActionWeek

11/02/2021

How are you advocating for your community? Encourage your colleagues to sign up for the #MortgageActionAlliance to join you in making a difference. Stay engaged: https://bit.ly/2HsEqnk. #MAAActionWeek

Play an active role in the issues facing you and your community. Join the Mortgage Action Alliance - MAA to make your voice heard: https://bit.ly/2HsEqnk. #MAAActionWeek

11/02/2021

Don’t miss today’s #MortgageActionAlliance Webinar at 3:00 PM ET. This is your chance to stay on top of legislative and policy priorities affecting the industry. Register now: https://bit.ly/3AKrI9g. #MAAActionWeek

TODAY, NOV. 2 at 3:00 PM ET: Get updated on the top issues facing the industry. Join MBA’s Legislative & Political Affairs team to explore the top issues facing the industry and how MBA continues to engage with Congress and the administration. Sign up now: https://bit.ly/3AKrI9g. #MAAActionWeek

11/02/2021

SPlaisance Fall MAA AW

[WATCH]: MAA Chairman Steven Plaisance is looking forward to a successful MAA Action Week! Join or renew your MAA membership TODAY and reaffirm your commitment to industry advocacy. The larger the group, the louder the voice!

#MortgageActionAlliance #MAAActionWeek

https://lnkd.in/eh26hXC5

This is "SPlaisance Fall MAA AW" by Rosie Sheehan on Vimeo, the home for high quality videos and the people who love them.

11/01/2021

Happy #MAAActionWeek! Get involved to help us spread the word about industry advocacy: https://bit.ly/3ADULLH.

Did you know that only 19% of industry professionals are represented through the Mortgage Action Alliance - MAA, MBA’s grassroots advocacy network for real estate finance industry professionals? We need the ENTIRE industry’s support. Learn more about #MAAActionWeek and what you can do to get engaged: https://bit.ly/3ADULLH .

10/29/2021

REMINDER: We need your voice next week! #MAAActionWeek starts on Monday and we need you to help us get your colleagues involved. Learn how you can get engaged: https://bit.ly/3ADULLH.

10/28/2021

cqrcengage.com

On Thursday, the Senate Judiciary Committee considered and passed S. 2428, the “False Claims Amendment Act,” by a vote of 15 – 7. The bill, introduced this summer by Senators Chuck Grassley (R-IA) and Patrick Leahy (D-VT), would have made significant changes to the False Claims Act (FCA) – and the statute’s definition of “materiality” – that would have disrupted FHA/VA/RHS program lending.

As a direct result of consistent MBA advocacy, an Amendment in the Nature of a Substitute (AINS) to S. 2428 was the text considered by the Judiciary Committee today. The amended proposal included substantial changes to the original bill that will protect lenders from being exposed to lengthy litigation and monetary penalties. MBA’s letter supporting the changes incorporated into the underlying text can be found in the full statement.

To view the full statement, click the link below.
https://lnkd.in/e-4P6Wxu

10/25/2021

Get excited! #MAAActionWeek starts in one week. Learn how you can get involved starting Monday, Nov. 1 and what you can do to help us spread the word: https://bit.ly/3ADULLH.

10/20/2021

A picture perfect moment at the #MBAAnnual21 Advocacy Reception with MORPAC Chairman Jeff Taylor and MBA 2022 Chairman Kristy Fercho. What an honor to capture these two leaders together at our reception! #MORPACCelebrates50

10/19/2021

🥂 to our Advocacy team and a big Happy 50th Birthday 🎉 to MORPAC, MBA’s Political Action Committee, and its accomplishments advocating through the years. #MBAAnnual21

09/15/2021

cqrcengage.com

ICYMI: Treasury & FHFA Suspend Key Limits on GSE Activities

Late yesterday, the U.S. Department of Treasury (Treasury) and the Federal Housing Finance Agency (FHFA) announced the suspension of certain provisions of the Preferred Stock Purchase Agreements (PSPAs), which govern the conservatorship of Fannie Mae and Freddie Mac (the GSEs). Previously, artificial limits had been placed on the GSE acquisitions of loans secured by second homes and investment properties, loans with multiple risk factors, lenders’ use of the cash windows, and multifamily lending volumes caps imposed in the PSPAs. This suspension effectively removes these problematic limits.

To view the full statement, click the link below.

https://cqrcengage.com/mba/file/txtkPG1SsWg/MAA%20Update%20-%20Treasury%20and%20FHFA%20Suspend%20Key%20Limites%20on%20GSE%20Activities.pdf

08/09/2021

cqrcengage.com

ICYMI: Late last Thursday, Senators Chuck Grassley (R-IA) and Patrick Leahy (D-VT) filed an Amendment (Number 2435) for consideration during floor debate on H.R. 3684, the House-passed vehicle for the Senate’s negotiated Bipartisan Infrastructure Framework (BIF). Amendment 2435, as written, would make substantive and retroactive definitional changes to the False Claims Act (FCA) without the benefit of congressional hearings, testimony, or sufficient legal analysis to determine its impact on housing credit availability – as well as an increased risk of MBA members being exposed to lengthy litigation and monetary penalties.
At roughly 6:30 p.m. (EDT) last night, Senator Grassley made an attempt to request unanimous consent to have a floor vote held on Amendment 2435. Senator Kyrsten Sinema (D-AZ) objected to Senator Grassley’s request on behalf of Senate Democrats. The exclusion of Amendment 2435 from the bipartisan Senate infrastructure deal is a big short-term win for our residential MBA members.
To view the full statement, click the link below.
https://lnkd.in/egujMaeD

07/26/2021

ICYMI: MBA led a coalition of housing trades and consumer advocates that sent a letter to the lead Senate negotiators working on the Bipartisan Infrastructure Framework (BIF) urging them not to use GSE guarantee fees (“g-fees”) as a source of funding offsets. As the Senate and House consider the BIF package, the letter emphasized to lawmakers that homeownership must not be used as the nation’s “piggybank” to cover the cost of unrelated federal programs. If enacted, this would impose/extend a significant tax increase on all homeowners.

Contact your Representative/Senators TODAY and urge them to not use g-fees as a “pay-for” for either the BIF or the upcoming House/Senate budget resolutions: https://bit.ly/3eYFLjt.

CALL TO ACTION: Tell Congress to not use GSE guarantee fees (“g-fees”) to fund the Bipartisan Infrastructure Framework (BIF). If enacted, this would impose/extend a significant tax increase on all homeowners! Take action now: https://bit.ly/3eYFLjt. Mortgage Action Alliance - MAA

07/16/2021

cqrcengage.com

ICYMI: Today, FHFA announced the elimination of the GSEs’ adverse market refinance fee effective August 1, 2021. MBA President & CEO, Bob Broeksmit, CMB, released a statement applauding FHFA Acting Director Sandra Thompson for this decision to eliminate the 50-basis point fee that was suddenly announced last August and placed an undue burden on our industry and the consumers we serve.

To view the full statement, click the link below.

https://lnkd.in/eyDw4Pp

06/21/2021

Tell Your Representatives: Support nationwide use of RON

CALL TO ACTION - Tell Your Representatives: Support the Nationwide Use of RON

Representatives Madeleine Dean (D-PA) and Kelly Armstrong (R-ND) have recently introduced an updated bipartisan version of the SECURE Notarization Act of 2021, now enrolled as H.R. 3962 for the 117th Congress. The bill was a key ask during MBA’s recent National Advocacy Conference. This bipartisan legislation represents a companion bill to S. 1625 in the Senate and would allow notaries in all states to perform RON transactions.

Click the link below to contact your Representatives TODAY and urge them to support this legislation by co-sponsoring H.R. 3962, the SECURE Notarization Act of 2021.

https://lnkd.in/g_PQdCD

Representatives Madeleine Dean (D-PA) and Kelly Armstrong (R-ND) have recently introduced an updated bipartisan version of the SECURE Notarization Act of 2021, now enrolled as H.R. 3962 for the 117th Congress. The bill was a key ask during MBA’s...

06/02/2021

cqrcengage.com

ICYMI - MAA Update: Last month, MBA joined with several other financial trade associations to successfully advocate for reconsideration of the Office of the Comptroller of the Currency's (OCC) Community Reinvestment Act (CRA) Final Rule. This action has created a welcome opportunity for the OCC to consider additional stakeholder input, evaluate issues and important questions that have been raised regarding changes to the CRA, and join efforts with the other two banking agencies (the Fed and FDIC) on a uniform CRA rewrite going forward.

On a more troubling note, MBA has been closely engaged in concurrent conversations at the federal and state levels regarding the potential expansion of the CRA to cover non-depository institutions, including Independent Mortgage Banks (IMBs) — and in some cases credit unions and life insurance companies.

MBA President & CEO Bob Broeksmit, CMB, recently addressed this issue in a blog post detailing the various reasons a proposed expansion of the CRA to include IMBs would be inappropriate. Additionally, MBA released this policy brief to further emphasize why such an expansion of the CRA would be misguided and counterproductive.

To view the full statement, click the link below.
https://lnkd.in/emG95-2

05/13/2021

You are a leader in your community, an expert in your field, and together, we can make the biggest impact. What are you advocating for? Comment below. #MAAActionWeeks

Only two days left to participate in #MAAActionWeeks! Join the Mortgage Action Alliance - MAA to advocate for your customers: https://bit.ly/2HsEqnk.

05/12/2021

Today, #MBANAC21 attendees are virtually meeting with members of Congress to advocate on behalf of the industry. Not attending the conference? Get engaged with #MAAActionWeeks: https://bit.ly/3ncSMc7.

HAPPENING TODAY: #MBANAC21 participants are advocating on key issues with their elected officials. Not attending the conference? Join the Mortgage Action Alliance - MAA to advocate for the industry all year long: https://bit.ly/2HsEqnk. #MAAActionWeeks

05/11/2021

We’re so excited to connect with #MortgageActionAlliance members at our first virtual #MBANAC21! Not joining us this year? There’s still time to get involved in
#MAAActionWeeks: https://bit.ly/3ncSMc7.

Hundreds of industry advocates are joining us for #MBANAC21 today! Not attending the conference? You can still play an active role on the issues facing you and the real estate finance industry. Join the Mortgage Action Alliance - MAA: https://bit.ly/2HsEqnk. #MAAActionWeeks

05/07/2021

Thank you to our MAA members who are using their voices to advocate for your communities. How are you getting involved in #MAAActionWeeks? Learn more: https://bit.ly/3ncSMc7.

Join the Mortgage Action Alliance - MAA to advocate for affordable housing. Add your voice to address our nation’s affordability challenges: https://bit.ly/2HsEqnk #MAAActionWeeks

05/06/2021

Comment below if you are using your voice to advocate for affordable housing. Learn how you can stay engaged in #MAAActionWeeks: https://bit.ly/3ncSMc7.

Join the Mortgage Action Alliance - MAA to advocate for affordable housing. Add your voice to address our nation’s affordability challenges: https://bit.ly/2HsEqnk #MAAActionWeeks

05/05/2021

How have you advocated for your business? Get your colleagues involved as we continue to solve critical issues that impact your business. Learn how: https://bit.ly/3ncSMc7. #MAAActionWeeks

Join the Mortgage Action Alliance - MAA to advocate for your business. Get involved in the issues facing the industry: https://bit.ly/2HsEqnk. #MAAActionWeeks

05/04/2021

Thank you to our #MortgageActionAlliance members who are using their voice to advocate for our industry. Learn how you can get involved in #MAAActionWeeks: https://bit.ly/3ncSMc7.

Your advocacy is crucial to the success of housing in America! Join the Mortgage Action Alliance - MAA to advocate for your industry: https://bit.ly/2HsEqnk. #MAAActionWeeks

05/03/2021

This year #MAAActionWeeks overlaps with #MBANAC21 — giving you two ways to make an impact over the next two weeks. This is your chance to join or renew your MAA membership by texting MAA to 50457 and/or attend #MBANAC21 (exclusive to MBA members) the largest advocacy event of the year focused solely on the issues facing you and the real estate finance industry. Learn more about how you can make an impact for #MAAActionWeeks: https://bit.ly/3ncSMc7.