The Mortgage Bankers Association has long supported modernizing the credit reporting requirements that govern the mortgage origination process. I want to reaffirm that position and explain why the evidence today — and responsible policy design — point clearly in one direction: we can safely remove the universal tri-merge mandate for loans sold to Fannie Mae and Freddie Mac.
Tag: To the Point with Bob
To the Point With Bob: Why Preserving Competition Between Fannie Mae and Freddie Mac Matters
To the Point with Bob is a periodic blog by MBA President & CEO Bob Broeksmit, CMB.
To the Point With Bob: FHFA Director Pulte Is Leading the Charge on Credit Score Modernization at the GSEs
To the Point with Bob is a periodic blog by MBA President & CEO Bob Broeksmit, CMB.
To The Point With Bob: Securing Justice and Parity for America’s Struggling Veterans
Thanks to a new law the Mortgage Bankers Association shaped and championed for well over a year, thousands of veterans will again be able to avoid foreclosure on their homes during times of financial difficulty.
To the Point With Bob: Could a Single Credit Report Model Work for the Mortgage Industry?
FHFA Director Bill Pulte – both onstage at MBA Secondary and in several media interviews – has stressed that he is focused on lowering consumer costs and improving efficiency across the mortgage ecosystem, writes MBA President & CEO Bob Broeksmit, CMB.
To the Point With Bob: MBA is Ready to Help Shape a Safe and Sound Exit Plan from GSE Conservatorship
Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, says MBA welcomes the opportunity to work with policymakers to forge a path to finally end the GSE conservatorship.
To the Point With Bob: Let’s End the Harassment, Deception and Distrust From Trigger Leads
MBA President and CEO Bob Broeksmit, CMB, explains why it’s so important to address the issue of trigger leads.
To the Point With Bob: Uncertainty and Disruption in the Housing Market
Last week’s announcement of a proposed settlement in the real estate commission lawsuits has unleashed a torrent of questions about what real estate transactions might look like in the future–particularly how buyers would be represented and how buyers’ agents would be compensated, writes MBA President & CEO Bob Broeksmit, CMB.
To the Point With Bob: Thoughts Ahead of #MBAIMB24–Consumers Benefit From Large, Diverse Collection of Mortgage Lenders
MBA President and CEO Bob Broeksmit, CMB, shares his thoughts on topics related to IMBs ahead of #MBAIMB24.
To the Point With Bob: Proposed Capital Requirements on Big Banks Would Mean Fewer Choices, Higher Mortgage Costs
MBA President and CEO Bob Broeksmit, CMB, provides his perspective on the latest proposed capital requirement developments and their effects on the industry.