The Mortgage Bankers Association (MBA) has expressed support for three bills affecting mortgage lenders that recently passed the House Financial Services Committee, along with 10 others that would impact the financial industry if adopted.
MBA President and CEO David Stevens released a statement explaining his organization’s position on H.R. 2948, amending the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 4545, dubbed the “Financial Institutions Examination Fairness and Reform Act,” and H.R. 4560, the “GSE (government-sponsored enterprise) Jumpstart Reauthorization Act of 2017.”
Find out what aspects of each bill caught the attention of the lending industry.