MBA Statement on the House Passage of the FY 2024 Funding Package

MBA President and CEO Bob Broeksmit, CMB, commented on the passage of six fiscal year 2024 budget bills, which includes funding for the Department of Housing and Urban Development, Veterans Affairs and the Department of Agriculture.

CFPB’s Fall Regulatory Agenda: LO Comp, Industry Issues on Radar Screen

The Office of Management and Budget released its Fall Regulatory Agenda, and the Consumer Financial Protection Bureau indicated that changes to Mortgage Loan Originator compensation–a long time regulatory priority of the Mortgage Bankers Association–appears to be high on the radar screen.