The Trump Administration has signaled that it is prepared to take meaningful steps to alter the long-standing conservatorship of Fannie Mae and Freddie Mac, which has now entered its eighteenth year. One idea some have mentioned is the potential merger of the two government-sponsored enterprises (GSEs), or their placement under common holding company ownership, writes MBA President & CEO Bob Broeksmit, CMB.
Tag: To the Point With Bob
Bob Broeksmit’s Latest Blog Posts on Credit Score Modernization, VA Home Loan Program Reform Act
MBA President and CEO Bob Broeksmit, CMB, recently authored two new blogs commenting on industry happenings.
To the Point With Bob: Could a Single Credit Report Model Work for the Mortgage Industry?
Federal Housing Finance Agency (FHFA) Director Bill Pulte – both onstage last month 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
MBA 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–Amid Grand Visions, MBA is Tackling Housing Shortage One Program at a Time
The lack of affordable housing is a big issue this election year, writes MBA President and 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.
To the Point With Bob: FSOC’s Bid to Regulate Non-Bank Firms Will Harm Consumers, Mortgage Sector
This spring, the Financial Stability Oversight Council (FSOC) issued a proposal that would remove procedural requirements and allow it to fast-track the designation of non-bank financial companies as systemically important financial institutions (“SIFI”) subject to enhanced supervision by the Federal Reserve.
To the Point with Bob: Regulators: Take Steps to Recognize Warehouse Lenders’ Important Role in Today’s Housing Finance Market
This is a difficult time for the housing industry, and those challenges extend to all corners—not only mortgage lenders but also the warehouse lenders, vendors, title companies, and real estate agents that support the housing and mortgage finance ecosystem.
To the Point with Bob: FHFA Needs a Better Plan on Loan-Level Pricing Fees
MBA members have a long history of adjusting to regulatory changes. Our more than 2,100 member companies, representing the full range of lenders, loan servicers, and other stakeholders, share FHFA’s goal of a sound mortgage finance system. MBA is certain, however, that the LLPA based on DTI would not advance the GSEs’ mission but instead create complications and problems for borrowers and lenders alike.