In just one year, the mortgage industry has gone from raising “concerns about too much government” to “hearing concerns about too little government,” said Laura Escobar, chair of the Mortgage Bankers Association (MBA) and president of Lennar Mortgage.

In 2024, the trade group expressed frustration over what it described as “regulatory knots,” criticizing government initiatives such as the Basel III Endgame rule, a Financial Stability Oversight Council (FSOC) report urging increased oversight of independent mortgage bankers (IMBs) by the U.S. Congress and state regulators, and the Consumer Financial Protection Bureau’s (CFPB) campaign against so-called “junk fees.”

“We had serious details ⇒

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