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MBA’s Broeksmit Reaffirms Call for National Housing Director
Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit reaffirmed the association’s support for creating a National Housing Director. “Under our proposal, a Housing Director would focus solely on housing and oversee every housing policy, no matter which agency it comes from, and spot contradictory rules from a mile away,” Broeksmit said Monday in prepared remarks at the MBA’s 2024 Annual Convention and Expo.
Broeksmit had voiced support for the concept at the Exchequer Club’s May 2024 meeting. He reiterated his support days before the general election, which he predicted will result in “divided government,” with at least one chamber of Congress controlled by the other party.
Regardless of whether a Democrat or Republican is elected president, though, Broeksmit sees “opportunities” for MBA in 2025. “For all their differences, both Donald Trump and Kamala Harris will focus on housing,” he said Monday. “Both of them have said we need to get prices under control. They’re also clearly aware that we need more affordable units for purchase and rent.”
- ◦Policy/Gov't
