Broeksmit Discusses Recent Wins, Current Challenges: #MBAIMB24

NEW ORLEANS–In the face of a difficult business climate, the Mortgage Bankers Association is fighting for Independent Mortgage Bankers every day to ensure they can deliver for borrowers, MBA President and CEO Robert Broeksmit, CMB, said here at MBA’s Independent Mortgage Bankers conference.

Quote: Jan. 25, 2024

“We will continue this fight against the Basel III Endgame proposal.”
–MBA President and CEO Robert Broeksmit, CMB, speaking at MBA’s Independent Mortgage Bankers conference.

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“Thanks to Secretary Fudge, we’ve helped first-time homebuyers, and we are working to cut the cost of renting. And there are more housing units under construction right now than at any time in the last 50 years.”
–President Joe Biden, discussing HUD Secretary Marcia L. Fudge

Today: MBA’s State of the Association Address

Join MBA’s President and Chief Executive Officer, Robert D. Broeksmit, CMB, for a members-only State of the Association address on Wednesday, Dec. 6.

HUD, Biden Administration Encourage More Commercial-to-Residential Conversions

On Friday, HUD and the Biden Administration announced two updates to increase housing supply and improve housing affordability, including research on commercial-to-residential conversions. Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, weighed in on the announcement.

Quote: Oct. 16, 2023 Afternoon Edition

“It’s simple. No more interest rate hikes.

No selling MBS holdings until spreads have normalized and the market has stabilized.

And we don’t just want to see these things.

We want the Fed to SAY these things, for all to hear.

You deserve clarity, not more chaos.”
–MBA President and CEO Robert Broeksmit, CMB, speaking at MBA Annual