“Just when I think things are falling in place, another wild card arrives,” Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit said Tuesday morning at ICE Experience’s X26 annual mortgage conference.
In a conversation with ICE Mortgage Technology President Bob Hart that spanned recent executive orders, mergers and acquisitions, and artificial intelligence, Broeksmit admitted that strong partisanship in the Trump administration makes it hard for legislation to pass.
Broeksmit’s words were a candid glimpse into the state of the country’s mortgage market and housing crisis, which is grappling with challenges like low inventory, affordability and economic concerns.
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