MBA Applauds Senate Banking Committee Advancement of ROAD to Housing Act of 2025 

MBA’s President and CEO Bob Broeksmit, CMB, released the following statement following the Senate Banking Committee’s markup and advancement of the ROAD to Housing Act of 2025:

“MBA applauds and supports the Senate Banking Committee’s favorable reporting of this significant package that will help make housing more affordable and available to households in both urban and rural communities across America.

“Many of the bill’s provisions will help to boost housing supply for both owning and renting, streamline federal housing program offerings, and make small-dollar mortgage lending more available to consumers.

“MBA commends Chair Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-MA) for their continued leadership on housing issues during this Congress, as well as the large bipartisan group of senators who helped craft the measures contained in the bill and then voted to advance the package out of the committee. 

“Ahead of the proposal’s Senate floor consideration, we will continue to engage with Senators Scott and Warren to potentially refine and improve certain sections of the bill, including provisions dealing with lender liability, second appraisals, and targeted reforms to the Rural Housing Service program.”

“We look forward to these next steps and stand ready to work with lawmakers on both sides of the aisle – and the Trump administration – on these critical reforms that will improve housing opportunities and outcomes for all Americans.”