In This Issue

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Annual Lender Recognition Luncheon
The awards luncheon will be held at Malone's Prime in Lexington, Kentucky, on Tuesday, March 7, 2017. If you were among KHC's top producers for 2016, you will be honored for your hard work and dedication to affordable housing. The luncheon will give you the opportunity to network with KHC staff and other lenders. 
2017 MBAKY Education Conference
Mark your calendars to attend the Mortgage Bankers Associations of Kentucky (MBAKY) Education Conference on March 15, 2017, at Holiday Inn Louisville East,1325 S. Hurstbourne Parkway, Louisville, Kentucky 40222.
Topics to be presented include diversity, technology, millennials, social media, and compliance. To register, please visit the MBAKY website.
Mortgage Action Alliance
Representatives Mark Sanford (R-SC) and Brad Sherman (D-CA) have reintroduced a bill (H.R. 916) that would prohibit Congress from counting increases to Fannie Mae and Freddie Mac's guarantee fees (g-fees) as sources of funding for unrelated spending. Increasing these fees makes loans more expensive and increase costs for borrowers.

In 2011, Congress increased g-fees for 10 years in order to pay for a payroll tax cut for two months. This increase has harmed homeowners and continues to do so every day. Using the housing GSEs as a piggy-bank to fund unrelated government programs is bad policy - plain and simple.

H.R. 916 would prevent this from happening in the future. As a member of Mortgage Action Alliance (MAA), we need you to take action and contact your representative today and urge him or her to cosponsor this bipartisan piece of legislation.

To become a member of the MMA, please visit MAA's webpage

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