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MBASecondary23: Broeksmit: ‘You Don’t Need Punishment or More Regulation; You Need Praise and Relief—and You Need it Now’
NEW YORK—When Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, stepped on stage Monday here at the National Secondary Market Conference & Expo, he promised a presentation “more pugnacious than normal.” And he delivered.
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MBASecondary23: The Future of Financial Stability
NEW YORK—What issues are affecting the financial markets? Here at the Mortgage Bankers Association’s National Secondary Market Conference & Expo, panelists said much of the future depends on what happens—or doesn’t happen—in Washington, D.C. over the next year or so.
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Tech Sector Pressures Major Office Markets
Office-using sectors added 67,000 jobs in April--a 2% year-over-year increase--but demand for office space remains weak across major markets, reported CommercialEdge, Santa Barbara, Calif.
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Senators Introduce MBA-supported Bill to Reform Davis-Bacon Rules
Sens. John Thune, R-S.D., and Jerry Moran, R-Kan., on Friday reintroduced the Housing Supply Expansion Act, legislation that would address the affordable housing shortage by making targeted reforms to Davis-Bacon Act requirements.
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MBA Advocacy Update May 22, 2023
Last week, MBA filed a joint amicus brief with the Supreme Court in Community Financial Services Association v. Consumer Financial Protection Bureau, where CFSA is challenging the constitutionality of the Bureau’s funding structure.