MBA's Capitol Assets Program

Advocacy In Action

Empower yourself with the political skills necessary to advocate issues affecting your bottom line and the real estate finance industry. The Capitol Assets Program (CAP), a grassroots membership initiative, brings you into the political process and strengthens our industry’s political voice and lobbying power in Washington, D.C. As a member of CAP, you play an active and important role in how laws and regulations are created.

CAP Spice ImageMBA welcomes all members to CAP, whether you’re new to the legislative process or already involved. In fact, CAP is perfectly suited for MBA member companies that do not have a government affairs department but want to guarantee legislators are aware of their interests and concerns. CAP provides a structured program so you can:

  • Stay abreast of current legislation, and build working relationships with elected officials that will pay future dividends for you, your company and the industry.
  • Quickly and easily communicate with your legislators on important issues before critical votes.
  • Learn essential lobbying skills.

MBA’s legislative team seeks to shape and ultimately pass legislation that protects the interests of MBA members while working to ensure fair and ethical lending practices. Lawmakers, however, need to hear from their constituents and America’s entrepreneurs—YOU—on a daily basis just as much as they do from MBA.

Without a strong and unified presence on Capitol Hill, the mortgage finance industry is susceptible to regulations and legislation that would hinder its ability to create more homeowners, jobs, and economic growth. MBA’s goal is to combine our government affairs team, and political action committee, MORPAC, with a grassroots political force that will influence the political process.

Undoubtedly, organized and concerted political activism by industry professionals will shape public policy and ensure that the industry can continue to provide its valuable services to current and future homeowners. CAP members participate in a nationwide grassroots network of industry professionals who have access to lawmakers and timely information on important legislation and votes. By joining CAP, you obtain the political grassroots training that will make you an effective voice for your company and the industry.

Contact MBA’s CAP Manager, Paul Hilliar at (202) 557-2858 or by clicking HERE to request more information on the Capitol Assets Program.

MBA's Action Center

Visit MBA’s Action Center where you’ll find the most up-to-date information on all MBA’s legislative bills and how you can make a difference. In addition, at the Action Center, you’ll be able to find your legislators, how a bill becomes law, and other useful information.

CAP Products and Services

Make a Difference and Join the CAP

Take Action: Tips On Contacting Elected Officials

Government 101: An Introduction

The Legislative Process

Take Action Today. Join CAP

MBA’s Hot Issues: Take Action on These Important Issues Today

Fair Credit Reporting Act
On September 10, by a 392 to 30 margin, the U.S. House of Representatives voted to reauthorize the expiring preemptions in the Fair Credit Reporting Act (FCRA). FCRA will expire at the end of this year if it is not reauthorized by the Senate. MBA urges you to write letters to your senators in support of FCRA reauthorization.
Take Action Now>>

The American Dream Downpayment Act, S. 811
S. 811 authorizes the Secretary of Housing and Urban Development (HUD) to make grants to participating jurisdictions for downpayment assistance to low-income, first-time homebuyers. HUD has estimated that the $200 million in grants will, for each of FY 2004 and FY 2005, allow as many as 40,000 families to become homeowners annually.
Take Action Now>>

The Mortgage Insurance Fairness Act of 2003, S. 846 and H.R. 1336
S. 846, the “Mortgage Insurance Fairness Act of 2003” sponsored by Senator Gordon Smith (R-OR) and H.R. 1336, sponsored by Rep. Paul Ryan (R-WI). Both bills would allow for tax deductibility of mortgage insurance premiums for families earning $100,000 or less.
Take Action Now>>

GSE Reform Legislation
Support prompt passage of legislation that would provide strong regulation of Fannie Mae and Freddie Mac, including financial safety and soundness and housing mission oversight.
Take Action Now>>

 

Copyright 2003 Mortgage Bankers Association of America
1919 Pennsylvania Ave, NW Washington, DC 20006-3438 • (202) 557-2700