Housing Secretary Mel Martinez is not going to Rome (as originally planned) to attend Pope John Paul II's 25th anniversary, but he is still not attending the Mortgage Bankers Association of America's annual convention that opens Oct. 19 in San Diego.His replacement, HUD Deputy Secretary Alfonso Jackson, has also pulled out, MortgageWire has learned. A Department of Housing and Urban Development spokesman said Mr. Jackson has a scheduling conflict due to a community renewal conference in Costa Mesa, Calif. MW recently reported that the MBA is backing away from its support of the HUD secretary's Real Estate Settlement Procedures Act reform efforts. And sources are indicating that the cancellations are a result of the fallout between the MBA and the secretary. A HUD spokesman declined to comment on HUD's relations with the MBA, but he stressed that Secretary Martinez is committed to RESPA reform. "We are continuing to refine the proposal to bring balanced mortgage reform to Americans and to the industry," the spokesman said.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




