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MBA Advocacy Update June 13, 2014
A productive week on Capitol Hill was largely overshadowed by the stunning defeat of House Majority Leader Eric Cantor to an unknown professor in a primary election. Cantor has announced he will step down from his leadership post at the end of July, and House Republicans will meet next Thursday to elect a new majority leader and whip.
Read the full advocacy update.
 

MBA Advocacy Update June 6, 2014
Congress is working toward completing several legislative projects this summer before breaking for election campaigns. Much of the mortgage-related activity was in the Senate this week, where appropriators marked up and passed at the committee level their version of the bill funding HUD. Also, the Senate Banking Committee approved legislation to reauthorize the Terrorism Risk Insurance Act for seven years, a key priority for the commercial real estate sector. On the regulatory side, FHFA announced that it will be seeking public comment on a potential increase in GSE G-Fees.
Read the full advocacy update.
 

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