“The challenging rate environment is a product of many factors and is likely to persist, but these steps by the Fed would help to reassure investors and should provide relief. MBA continues to fight on your behalf with regulators, policymakers on both sides of the aisle, the GSEs, and the Fed.”
–MBA President and CEO Robert Broeksmit, CMB
“We’ve got a 44-year low in mortgage delinquencies.”
–MBA President and CEO Robert Broeksmit, CMB, on CNBC’s Closing Bell Overtime
“President Biden signed the bill [that funds the federal government] into law before midnight, ensuring that all the various government-supported segments of the mortgage market, including HUD (Ginnie Mae and FHA included), USDA, and the VA will continue to operate uninterrupted.”
–MBA President Robert Broeksmit, CMB.
Mortgage Bankers Association President & CEO Robert D. Broeksmit, CMB, commented Monday on a potential government shutdown at the end of the fiscal year.
Mortgage Bankers Association President & CEO Robert D. Broeksmit, CMB, commented yesterday on a potential government shutdown at the end of the fiscal year.
MBA President and CEO Robert Broeksmit, CMB, testified before Congress yesterday. He told the House Financial Services Committee that MBA strongly opposes key elements of the Basel III proposal, which, absent significant revisions, could increase borrowing costs and reduce credit availability.
MBA President and CEO Robert Broeksmit, CMB, testified before Congress yesterday. He told the House Financial Services Committee that MBA strongly opposes key elements of the Basel III proposal, which, absent significant revisions, could increase borrowing costs and reduce credit availability.
The Federal Housing Finance Agency announced updates to its implementation plan for the GSEs’ adoption of FICO 10T and VantageScore 4.0 and bi-merge reporting requirements. Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, issued the following comments.
The Mortgage Bankers Association presented its annual Ken Markison Legacy Achievement Award to Michael Eising, CMB, CMCP, Vice President and Mortgage Compliance Manager at Merchants Bank of Indiana.
WASHINGTON–The mortgage banking industry may be facing some headwinds, but that hasn’t stopped the pace of efforts to advocate for it on Capitol Hill and across federal agencies.
