General World News

MBA’s Broeksmit highlights industry challenges

With mortgage rates above 7%, historically low levels of housing inventory, defaults in commercial real estate, and a series of potentially onerous regulations to come, Mortgage Bankers Association President and CEO Bob Broeksmit said the trade group is doing all its can to influence policymakers.

“MBA cannot control macroeconomic forces, but what we can do is make sure the actions of policymakers help our industry instead of hindering it at a crucial time,” Broeksmit said at the organization’s Compliance and Risk Management Conference this week in Washington, D.C.

Broeksmit highlighted the group’s work in helping a bill about remote online notarization get details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com