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MBA recruits lobbyist from HUD

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The Mortgage Bankers Association has a new director of legislative affairs -- a former Bush administration official whose job was to push legislation on housing and mortgage finance through Congress. Len Wolfson, formerly deputy assistant secretary for congressional and intergovernmental relations at the Department of Housing and Urban Development, will be a member of MBA's lobbying team on Capitol Hill, the MBA said. Wolfson will lobby members of the House of Representatives and Senate on legislation and regulations of importance to MBA members, reporting to the group's chief lobbyist, Francis Creighton. Before taking his new position with the MBA, Wolfson's job was to make a case in Congress for the Bush administration's legislation and policy initiatives, including budget and appropriations, FHA modernization, strengthened oversight of Fannie Mae and Freddie Mac, and RESPA reform, the MBA said. Wolfson's new job could require him to make an aboutface on HUD's proposed ...