About Bob Broeksmit

I have spent more than 30 years in the mortgage business and am currently the President & CEO of the Mortgage Bankers Association, the national trade association representing the real estate finance industry.

MBA Annual 2018

New Dawn over Washington

It was wonderful to see so many MBA members here in Washington last week for our Annual Convention & Expo. Seeing how the sausage is made from behind the scenes for the first time, I can tell you that a lot of work goes into Annual to make it such a successful event. I can also tell you that the MBA family was only too happy to welcome the country’s largest gathering of real estate finance professionals, more than 4,200, to our home here in Washington. And hosting Annual in Washington gave MBA members the opportunity to hear directly from the policymakers whose decisions impact our industry.

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The Important Role of Non-Bank Lenders

cuteneighborhood

Recently there has been a renewed interest in the role of non-bank lenders in the broader mortgage marketplace. Independent mortgage bankers (IMBs) currently originate more than half of single-family mortgages. Their success is based on a combination of local market knowledge, innovation, nimbleness, and commitment — in fact, the vast majority of IMBs are monoline institutions with mortgages as their sole line of business.

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