Stevens: MBA will Continue Fighting the Good Fight

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Posted To: MND NewsWire

Despite a mortgage lending environment that is both the most conservative and safest we have ever seen, David H. Stevens. President and CEO of the Mortgage Bankers Association (MBA), said on Monday, most lenders feel like the mortgage industry is under attack. “Add in a political atmosphere complete with broad brush accusations in political rhetoric that only perpetuate anger towards an industry that’s sole purpose is to provide real estate finance opportunities to qualified borrowers, and it can be tough not to want to fight back.” In remarks prepared for presentation to MBA’s National Secondary Market Conference and Expo, Stevens continued, “I’m here to tell you that we cannot let our frustration cloud our judgement , not when we’ve come so far and have led the discussion on so many critical…(read more)

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