The Mortgage Bankers Association (MBA) announced on Wednesday a series of legislative recommendations, which it sent to the chairman and ranking member of the U.S. House of Representatives’ Financial Services Committee as the body considers the markup of proposed bills centered on real estate financing.

The first piece is House Joint Resolution 120, which would codify congressional disapproval of a rule submitted by the Financial Stability Oversight Council (FSOC) at the U.S. Department of the Treasury that would label nonbank financial entities as systemically details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com