Tomorrow, I am testifying before the Senate Banking Committee at a hearing entitled Principles of Housing Finance Reform. This will be an excellent opportunity for to discuss the merits of MBA’s recently released housing finance reform proposal, which addresses the future of the secondary mortgage market. Continue reading
Next week, hundreds of MBA members from across the country will come to Washington for MBA’s National Advocacy Conference (NAC). It’s an annual tradition that enables MBA members to speak directly to their elected officials as advocates for our industry – and their own businesses and customers. Last year’s conference was one of the most successful in recent years; this year’s program promises to be just as informative and engaging. Continue reading
A core principle for MBA’s policy advocacy has been to promote a diverse and competitive mortgage market that allows banks and nonbanks, small lenders and large, to compete on a level playing field. Because we have a large, diverse membership, it is one of our association’s key pillars. Continue reading
With the objective of ending the conservatorship of Fannie Mae and Freddie Mac and establishing a new, durable foundation for the secondary mortgage market, MBA has released the first of two papers outlining our recommended approach to GSE reform. MBA is uniquely positioned to present the most comprehensive approach to GSE reform as our expansive membership base represents lenders who are in the market every day representing every aspect of originating, selling and servicing single-family and multifamily mortgages in the United States. MBA members appreciate and understand the vital importance of a healthy secondary market for mortgages in a way that those outside the industry cannot.