Quote: Jan. 30, 2024

“I was very intentional when writing the book of putting the steps to homeownership right inside the book. It’s outlined step by step, so any child can understand. And adults obviously can see that roadmap to homeownership.”
–Twala Lockett-Jones, discussing her illustrated children’s book, Princess Mackie Buys a House, at MBA’s Independent Mortgage Bankers conference last week

Realtor Litigation and the Implications for IMBs: #MBAIMB24

NEW ORLEANS–A recent court verdict and related litigation concerning the National Association of Realtors’ Multiple Listing Service rules regarding buyer real estate agent compensation could have significant implications for homebuyers and buy-side real estate agents–the primary source of referral business for most IMBs.

Quote: Jan. 29, 2024

“MBA and its members have long called for enacting tax provisions that address our nation’s housing affordability crisis and the acute shortage of homes for owning and renting. We support this bill, particularly for its meaningful enhancements to the Low Income Housing Tax Credit that will produce an estimated 200,000 additional rental units over the next two years.”
–MBA President & CEO, Bob Broeksmit, CMB, from a “Call to Action” urging Mortgage Action Alliance members to support H.R. 7024, the bipartisan Tax Relief for American Families and Workers Act of 2024.

Freddie Mac’s Kevin Kauffman on DPA, Repurchases: #MBAIMB24

NEW ORLEANS–It’s important to solve problems together as an industry, Freddie Mac Vice President of Single-Family Client Engagement Kevin Kauffman said here at MBA’s Independent Mortgage Bankers Conference.

Quote: Jan. 26, 2024

“Talking to people here this week, there’s a positivity, a sense of optimism that may not have existed in the last 18 months.”
–Fannie Mae’s Tim McCallum, speaking at MBA’s Independent Mortgage Bankers Conference.