Skip to main content

MBA's Mortgage Action Alliance: A Message From MAA Chairman Gene M. Lugat

Gene Lugat
Jun 07, 2017
The two most powerful congressional Democrats overseeing federal housing policy

As the 2017-2018 chair of the Mortgage Action Alliance (MAA), it is my honor to lead this voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association (MBA). There are a variety of ways you and your company can get involved with MAA that I encourage you to try.
MAA regularly sends updates to members on legislative activity that would affect our industry and issues Calls to Action asking our members to contact their elected representatives with one unified, powerful voice. I can tell you that when constituents contact their elected officials, they listen. MAA members put a face on the challenges our industry faces in helping customers obtain affordable housing finance.
Last month, MAA issued a Call to Action, urging its members to encourage Congress to read MBA’s new GSE reform white paper and act on this important issue. So far, over 1,000 MAA members have contacted their elected officials. If you haven’t done so, please take action now at
Comprehensive GSE reform will also be a major topic at MBA's National Advocacy Conference (NAC), being held June 20-21 at the Grand Hyatt Washington. NAC attendees will hear from MBA’s policy experts about GSE reform, and also attend meetings with their local elected officials. The remainder of the NAC program will include thoughts on the new Presidential Administration, as well as potential congressional actions affecting our industry. We will be also launching our new MAA Mobile App, which will make getting involved in advocacy even easier, by sending notifications directly to your phone when a Call to Action is issued.
You can also connect with MAA on social media. Check out our Facebook page at Stay updated on current events in Washington, D.C. and your state capital. We will post the latest political news as well as MAA “Calls to Action.” You can also join our group on LinkedIn to connect with fellow advocates and expand your network.
Getting involved with MAA allows industry professionals to play an active role in how laws and regulations that affect the industry and consumers are created and carried out by lobbying and building relationships with policymakers. It only takes a moment to get started at, and you do not have to be a member of MBA to enroll. The larger the group, the louder the voice! M. Lugat is chairman of the Mortgage Bankers Association’s Mortgage Action Alliance. Gene is executive vice president, national industry and political relations for PrimeLending Inc.

This article originally appeared in the May 2017 print edition of National Mortgage Professional Magazine. 

Jun 07, 2017
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
CFPB Finds Evidence Of Redlining And Deceptive Acts In 2020

Enforcement actions resulted in more than $124 million in consumer remediation and civil money penalties in 2020

Regulation and Compliance
Jun 29, 2021