To the Point with Bob–IMBs and the CRA: A Misguided Match

In this edition of To the Point with Bob, MBA President & CEO Robert Broeksmit, CMB, says while the Community Reinvestment Act serves an important policy objective, it is inappropriate to apply it to independent mortgage banks.

To the Point with Bob–IMBs and the CRA: A Misguided Match

In this edition of To the Point with Bob, MBA President & CEO Robert Broeksmit, CMB, says while the Community Reinvestment Act serves an important policy objective, it is inappropriate to apply it to independent mortgage banks.

#MBASpring21: Administration Acknowledges Issues with GSE Product Caps

During the final months of the Trump Administration, the Federal Housing Finance Agency implemented product caps on Fannie Mae and Freddie Mac through their Senior Preferred Stock Purchase Agreements—a move that the Mortgage Bankers Association called “disruptive” for many of its members.

#MBASPRING21 Broeksmit: Industry Faces ‘Different Landscape’ in 2021

So, if 2020 was one of the strangest years on record, is 2021 the “hold my beer” year? Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, says the real estate finance industry is facing a “very different landscape” fraught with potential difficulties.

#MBASPRING21 Broeksmit: Industry Faces ‘Different Landscape’ in 2021

So, if 2020 was one of the strangest years on record, is 2021 the “hold my beer” year? Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, says the real estate finance industry is facing a “very different landscape” fraught with potential difficulties.