Quote of the Day

“Non-depository institutions such as independent mortgage companies originated significantly more loans than banks and credit unions [in 2023].”
–CFPB, in its annual Mortgage Market Activity and Trends report on 2023 HMDA data

Quote of the Day

“MBA’s proposed Ginnie Mae Early-Buyout securitization would expand liquidity for government servicing through all economic cycles.”
–MBA President and CEO Bob Broeksmit, CMB

MBA Statement on FHA’s Annual Report to Congress

MBA’s President and CEO Bob Broeksmit, CMB, issued the following statement regarding the Federal Housing Administration’s release of its annual report to Congress: