MBA Statement on MORPAC Disbursements

The Mortgage Bankers Association issued the following statement yesterday in response to last week’s violence at the U.S. Capitol:

“The events which took place in Washington last week were unprecedented and deeply troubling.  In the spirit of the statement issued by MBA’s President and CEO, Bob Broeksmit, CMB, last week, elected officials have an obligation to protect our constitutional system of government. In light of those factors, MBA has decided to pause disbursements from its political action committee, MORPAC, and will undertake a careful review with our member leadership of our giving strategies for the 117th Congress.”