by Dawn Bauman, CAE | Jul 29, 2016 | Federal Advocacy, Housing Finance
July 29, 2016 – The White House announced President Barack Obama has signed H.R. 3700, the Housing Opportunity through Modernization Act. H.R. 3700 is now federal law. H.R. 3700 reforms the process used by the Federal Housing Administration (FHA) to determine...
by Dawn Bauman, CAE | Jul 18, 2016 | Federal Advocacy, Housing Finance
July 15, 2016—In a burst of pre-recess productivity, the U.S. Senate unanimously approved H.R. 3700, the “Housing Opportunity through Modernization Act”. President Obama is expected to sign the bill into law. The Act makes important changes to the Federal...
by Dawn Bauman, CAE | Jun 2, 2016 | Housing Finance
Led by Senator Elizabeth Warren (MA-D), the Massachusetts congressional delegation wrote to urge Federal Housing Finance Agency (FHFA) Director Melvin Watt to reconsider FHFA’s attack on state-level priority lien laws. The Massachusetts congressional delegation...
by Megan Newman | Feb 3, 2016 | Federal Advocacy, Housing Finance
Yesterday, progress was made towards helping condominium projects recertify their FHA approval. H.R. 3700 the “Housing Opportunity through Modernization Act” passed the House and was referred to the Senate. The bill addresses the problems in FHA’s...
by Dawn Bauman, CAE | Oct 7, 2015 | Federal Advocacy, Housing Finance
Background In 2010, Congress enacted the Dodd-Frank Wall Street Reform & Consumer Protection Act, establishing the Consumer Financial Protection Bureau (CFPB) – a federal agency dedicated to protecting consumer interests in the market for financial products and...