Tag: Quote

“We need two–or at least two–GSEs. Competition is a basic feature of our highly successful housing finance system.”
–MBA President and CEO Bob Broeksmit, CMB, speaking at MBA’s Compliance and Risk Management Conference

“Mortgage rates, along with longer-term Treasuries moving in advance of this dovish shift in monetary policy, reached their lowest point for the year last week, spurring a strong jump in refinance activity.”
— MBA SVP and Chief Economist Mike Fratantoni speaking after the Fed’s latest rate announcement

“I am confident [Brian Vieaux’s] passion for the industry and fresh ideas will drive innovation, increase stakeholder participation, and continue to advance MISMO industry standards that benefit consumers, lenders, and servicers.”
–MBA President & CEO Bob Broeksmit, CMB

“While the national delinquency rate inched up to 2.9%, it remains below December’s peak of 3.2%. Meanwhile serious delinquencies continue to move within a narrow band between 0.8% and 1%.”
–Molly Boesel, senior principal economist at Cotality

“Vacant and zombie homes can hurt the value of surrounding properties and start a negative spiral in a local housing market. While we’ve seen the rate of zombie homes tick up a tiny bit this quarter, the overall rate of vacant homes and homes in the foreclosure process has remained remarkably steady.”
–Rob Barber, CEO of ATTOM

“Servicing net financial income improved slightly, as impairments on mortgage servicing rights were minimal. Combining production and servicing operations, 80% of mortgage companies in the sample posted overall profits – the highest percentage since the third quarter of 2021.”
–Marina Walsh, CMB, MBA’s Vice President of Industry Analysis

“John Hedlund brings an impressive combination of decades of leadership as a lender, a devotion to the mortgage industry and MBA engagement, and significant entrepreneurial success to our leadership ladder.”
–Laura Escobar, 2025 MBA Chair and President of Lennar Mortgage

“Eighteen months ago, we stepped up our efforts and asked the regulators, FHFA, CFPB and the FTC, to look into how their policies may be contributing to the costs of credit reports and scores spiking.”
–MBA President and CEO Bob Broeksmit, CMB

“With close to $35 trillion of homeowner equity in residential real estate and many homeowners locked into low-rate first mortgages, HELOCs and home equity loans have become the product of choice for many homeowners.”
–Marina Walsh, CMB, MBA’s Vice President of Industry Analysis

“Since the VA’s previous partial claim authority was sunset without a replacement nearly two years ago, MBA has worked closely with the VA, lawmakers, and our members to advocate for a permanent partial claim option that mirrors the successful programs offered by other federal housing agencies.”
–MBA’s President and CEO Bob Broeksmit, CMB