![]() ![]() We will send out an update when more information is available and let you know how you can make your voice heard on this important legislation. 2155 have already passed as standalone bills or as components of House Financial Services Committee Chairman Jeb Hensarling’s (R-TX) sweeping regulatory relief bill, the Financial CHOICE Act. Industry advocacy played a key role in keeping the industry’s priorities front and center, leading to the inclusion of these important provisions in this legislative package.įocus now shifts to the House, where a number of provisions contained in S. veterans who utilize the VA Home Loan program and promotes sustainable construction and development through clarification of the current High Volatility Commercial Real Estate (HVCRE) rule. As introduced, this broad regulatory relief package contained several MBA-supported priorities including: SAFE Act Amendments to create a transitional authority to originate loans, consumer protections for Property Assessed Clean Lending (PACE) loans, relief from HMDA reporting requirements for some institutions, and a partial fix to TRID.īefore its passage, a substitute amendment to the bill was adopted, which preserved the important provisions of the bill noted above but also extends critical consumer protections to U.S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act by a bipartisan margin of 67-31. Meanwhile, voters in Illinois went to the polls on Tuesday for their primary elections and Republican Rick Saccone conceded to Democrat Conor Lamb in the “nail biter” recent special election in Pennsylvania’s 18 th district. Today, he appeared before the Senate Banking Committee in a hearing on the “Oversight of HUD.” On Tuesday, March 20, HUD Secretary Ben Carson was the sole witness before the House Appropriations Subcommittee on Transportation, Housing and Urban Development (THUD) in a hearing on the FY19 HUD budget. This omnibus contains language tied to HUD funding for the remainder of FY18. Today, the House passed a $1.3 trillion spending bill that funds the federal government through September 30, and the Senate must act by midnight tomorrow to avoid a government shutdown. ![]()
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