Skip to main content

MBA’s Stevens Praises Corker on Twitter

Phil Hall
Sep 28, 2017
The new push by the Trump Administration to bring the government-sponsored enterprises (GSEs) out of their 11-year federal conservatorship could result in some negative impacts on the wider mortgage market, according to an opinion piece by David H. Steven

David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), took to Twitter to offer a tribute to Sen. Bob Corker (R-TN), who announced on Tuesday that he would not seek re-election in 2018.
Writing on his personal Twitter channel, Stevens stated:
 
“The loss of @SenBobCorker will be enormous. He is one of the best of the @ussenate and a true leader and patriot.” Corker, who is chairman of the Senate Foreign Relations Committee, was first elected to the Senate in 2006, and co-authored bipartisan legislation in 2015 that sought to bring a conclusion to the federal conservatorship of the government-sponsored enterprises. More recently, Corker has come under scrutiny from the U.S. Securities and Exchange Commission for insider trading allegations, and last month he criticized President Trump by stating in an interview that he “has not yet been able to demonstrate the stability nor some of the competence that he needs to demonstrate in order to be successful.”
 
Stevens also used his Twitter channel to seek opinions on Roy Moore, the winner of this week’s Republican primary in Alabama.
 
“What’s your opinion of Moore? Very curious about what you think,” Stevens tweeted, although he received no response as of this writing.
 
Stevens, who served as Federal Housing Administration Commissioner in the Obama Administration, has not publicly offered his opinion on the conservative Moore, a former Chief Justice of the Alabama Supreme Court.

 
Published
Sep 28, 2017
Mortgage Forbearance Changes Create Challenges for Servicers

65% Of All Plans Would Expire By The End of 2021

Regulation and Compliance
Aug 02, 2021
CFPB Reports Trends In Financial Assistance

The latest developments from this study reveal that most consumers have exited the payment assistance they received at the start of the pandemic.

Analysis and Data
Jul 14, 2021
CFPB Orders GreenSky To Refund $9M In Unauthorized Loans

The consent order requires GreenSky to refund or cancel up to $9 million in loans for the customers harmed by this illegal conduct.

Regulation and Compliance
Jul 13, 2021
CFPB Warns Landlords And Consumer Reporting Agencies To Report Accurate Rental Information

Inaccurate rental or eviction information can unfairly block families and individuals from safe, affordable housing.

Regulation and Compliance
Jul 01, 2021
FHFA Mandates Quarterly Fair Lending Reports

FHFA issued orders for all enterprises to submit quarterly Fair Lending Reports with data and information to improve the FHFA’s capabilities. 

Regulation and Compliance
Jul 01, 2021
FHFA Follows CFPB To Protect Borrowers Once COVID-19 Foreclosure And Eviction Moratoriums End

The Federal Housing Finance Agency made it clear that Fannie Mae and Freddie Mac servicers are not permitted to make first notice or filing for foreclosure that would be prohibited by the CFPB protections for borrowers affected by COVID-19.

Regulation and Compliance
Jun 30, 2021