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Bob Broeksmit

TransUnion pushes back on single-pull mortgage credit proposal

Bob Broeksmit, credit report, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, Origination, TransUnion /

Credit bureau TransUnion is pushing back against the idea of replacing the current tri-merge mortgage credit model with a single credit pull, arguing that the shift would increase systemic risk and restrict access to credit. The conclusion comes from a TransUnion study released during the Mortgage Bankers Association (MBA)’s Annual Convention and Expo, as the […]

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MBA’s Bob Broeksmit celebrates legislative victories in 2025

Bob Broeksmit, Congress, Housing Market, HWmember, Mortgage, Mortgage Bankers Association, Regulatory /

Mortgage Bankers Association President and CEO Bob Broeksmit on Monday called 2025 a “historic year” for the trade group, highlighting major legislative and regulatory victories during his opening address Monday morning at the association’s Annual Convention and Expo in Las Vegas. Broeksmit shared with the audience that the MBA helped shape roughly 10% of all

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MBA’s Bob Broeksmit sees risks in merging Fannie and Freddie

Bob Broeksmit, Fannie Mae, Freddie Mac, GSEs, Housing Market, HWmember, Mortgage, Mortgage Bankers Association, Trump administration /

Amid recent reporting that President Trump is weighing a $500 billion stock offering for Fannie Mae and Freddie Mac and that he might be considering a merger of the two mortgage giants, Mortgage Bankers Association‘s CEO and President Bob Broeksmit authored a blog post highlighting the benefits of having two government-sponsored enterprises (GSEs). In his

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Trade groups applaud Jonathan Gould’s confirmation to OCC

Bob Broeksmit, Cryptocurrency, HWmember, Mortgage, Mortgage Bankers Association, Office of the Comptroller of the Currency, Regulatory, Senate, Trump administration /

On Thursday, the U.S. Senate confirmed Jonathan Gould as head of the Office of the Comptroller of the Currency (OCC) in a 50-45 vote. The confirmation marks another Trump administration appointee who supports more lenient oversight of the banking sector and a more welcoming stance toward cryptocurrency. Gould previously held roles at the OCC during

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Mortgage rates remain close to 7%, but there are positives for housing

Altos, Bob Broeksmit, First American, HWmember, Mortgage, Mortgage Bankers Association, Mortgage Rates, Mortgage Rates Center, Origination /

Mortgage rates rose in the past week, but even as they remain close to 7%, there’s little evidence to suggest they’ll move much higher and further constraint housing affordability. On Tuesday, 30-year conforming rates averaged 6.93% while 15-year conforming rates averaged 6.76%, according to HousingWire’s Mortgage Rates Center. In comparison, these figures stood at 6.88%

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MBA’s Bob Broeksmit: ‘The CFPB is listening’ to industry concerns

Bob Broeksmit, CFPB, Fannie Mae, Freddie Mac, Government Lending, GSE Reform, GSEs, HWmember, LendingLife, Mortgage Bankers Association, Origination, Regulatory /

The Mortgage Bankers Association (MBA) highlighted the deregulatory efforts of the Trump administration at its Secondary and Capital Markets Conference in New York this week, including work at the CFPB. But on the topic of releasing the government-sponsored enterprises (GSEs) from conservatorship, MBA president and CEO Bob Broeksmit said he isn’t expecting action anytime soon.

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