MBA Receives Grant from PREA Foundation to Launch Program to Raise Awareness of CRE Career Opportunities

The Mortgage Bankers Association announced a new partnership with the PREA Foundation that will focus on leading college students into deeper relationships with the commercial real estate finance industry. The partnership will highlight MBA’s and the PREA Foundation’s commitment to fostering inclusive growth in the CRE industry through expanding opportunities to diverse talent.

Broeksmit: Big Challenges, Big Opportunities

AUSTIN–The last few years have seen big challenges for mortgage bankers: COVID, market disruptions, inflation, and high interest rates to name a few. But there are many opportunities for mortgage bankers to be part of something that will benefit our industry and our customers, according to MBA President and CEO Bob Broeksmit, CMB.

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