Hi, I’m Adam DeSanctis, this is The Mortgage Minute, the latest news in the Mortgage Bankers Association. To start, MBA continues to monitor the developments of the ongoing government shutdown. Now, in its second week, we’re engaged with lawmakers and regulators and hope in agreement that extends the National Flood Insurance Program and reopens the government happens as soon as possible. Meanwhile, there actually was activity on the hill last week. On Thursday evening, the Senate passed its version of a fiscal year 2026 National Defense Authorization Act, or NDAA. That included a manager’s amendment that contained the text of the Road to Housing Act, the road proposal, which cleared the full Senate Banking Committee by a bipartisan vote earlier this summer. Contains numerous individual bills that seek to expand and preserve housing supply, improve housing affordability, and access, and bolster the oversight of major federal housing programs. MBA President and CEO Bob Broeksmit, in a press statement said that the Senate’s passage is a win for housing affordability and consumers, and that as the bill moves to the house, MBA will stay fully engaged with the congressional leaders in both chambers to refine key provisions, including those dealing with lender liability and second appraisals to ensure the final package delivers meaningful results for consumers and the industry at this time, it’s unclear how or when the house will proceed when many of these individual housing proposals and or how House and Senate leaders will ultimately reconcile their differences between respective versions of a defense authorization proposal prior to year’s end. We’ll keep you posted on any developments. And finally, if you haven’t already, MBA annual starts this weekend, October 19th and goes to the 22nd in Las Vegas. We have a jam packed agenda and you won’t wanna miss it. Go to mba.org/annual to register. I wanna see you there.
Adam DeSanctis, VP, Communications at Mortgage Bankers Association
As a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely regarded as an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA’s social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA’s research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA’s organizational public affairs plan, media relations and member communications support for mPower, MBA’s Opens Doors Foundation and MBA’s Diversity, Equity, and Inclusion programs.