[Adam] Hi, I’m Adam DeSanctis. This is the Mortgage Minute, the latest news from the Mortgage Bankers Association. Last week, an MBA led coalition of major housing trade groups sent a letter to the four key House and Senate appropriators urging full funding of the $67million fiscal year 2025 request for Ginnie Mae’s salaries and administrative expenses at HUD. The letter underscored the vital role Ginnie Mae plays in guaranteeing securities backed by FHA, RHS, and VA mortgages and emphasized the need for the full appropriation request to help Ginnie Mae proactively work on initiatives to enhance market liquidity for issuers, to support issuers ability to make principal and interest advances to investors when borrowers are delinquent, and to buy loans out of pools in order to perform essential loss mitigation. MBA will continue to advocate with lawmakers for our industries. FY 25 federal funding priorities, including Ginnie Mae’s needs. House floor consideration of the T-hundred appropriations bill is expected in the coming weeks and parallel Senate action will follow later this year. That’s it for this week. Thank you for listening.