The Mortgage Bankers Association and nearly 40 industry trade groups, community organizations and real estate businesses yesterday asked President Joseph Biden Jr. to include a $25 billion Housing Assistance Fund as part of the Administration’s proposed $1.9 trillion pandemic relief package.
In remarks yesterday during the Mortgage Bankers Association’s virtual Regulatory Compliance Conference, MBA President & CEO Robert Broeksmit, CMB, said the extraordinary events of 2020 have tested everyone’s mettle—including that of MBA.
Susan Stewart has worked in mortgage banking since she was 24. She has grown SWBC Mortgage, San Antonio, Texas, from a small regional bank with three employees in 1989 to a full-service origination-to-servicing organization with 70 branches serving 43 states with 680 employees. And this week, she became Chair of the Mortgage Bankers Association.