A new survey published by the Ontario Real Estate Association (OREA) has determined that while most residents in the province desire to become homeowners, they believe that too-high costs coupled with expensive municipal development charges are making that goal...
Bob Broeksmit is president and CEO of the Mortgage Bankers Association (MBA). This column is edited and adapted from prepared remarks delivered today at the MBA’s 2024 Annual Convention and Expo in Denver. While the rest of the country is anxious about the...
A group of former Trump administration officials are reportedly putting together a new plan to end the 16-year federal conservatorship of the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). The Wall Street Journal,...
Bob Broeksmit is president and CEO of the Mortgage Bankers Association (MBA). This article is adapted and edited from a May 15 speech delivered at the Exchequer Club’s May 2024 meeting. My topic is familiar to many of you. It’s the administrative state—the...
A Phil Hall Op-Ed: You never know what you can find on social media. Today, while taking a break from my duties, I scrolled through a site and found the following post that gave me great amusement. “We have the highest mortgage rates in a generation and stubbornly...