This past Tuesday, the House Financial Services Committee held a hearing, The End of Affordable Housing? A Review of the Trump Administration’s Plans to Change Housing Finance in America, with testimony provided by Treasury Secretary Steven Mnuchin, HUD Secretary Ben Carson and FHFA Director Mark Calabria.
Brian Stoffers, CMB, Sworn in as 2020 MBA Chairman; Susan Stewart Sworn in as Chairman-Elect, Kristy Fercho as Vice Chairman
AUSTIN, TEXAS--Brian Stoffers, CMB, Global President of Debt & Structured Finance with CBRE, Houston was sworn in yesterday as 2020 Chairman of the Mortgage Bankers Association here during the association’s 2019 Annual Convention & Expo.
According to data from the MBA Builder Applications Survey, new home purchase activity fell in September but remained higher than a year ago, continuing a trend where purchase demand for new homes for sale this year have consistently outpaced year ago levels.