Member News - Mortgage Bankers Association of Maine
Below is the text of an open letter from MBA of America CEO John Coursen and Chairman Robert Story on the 2010 goals of the organization:
January 12, 2010
Dear MBA Member:
Today, at a press event in Washington, we released the Mortgage Bankers Association's Legislative and Regulatory Priorities for 2010, as well as MBA's new three-year macroeconomic and mortgage finance/housing forecasts.
As the voice of the residential and commercial real estate finance industry, MBA will continue to work closely with the 111th Congress, the Obama administration and financial regulators to help restore confidence in our industry and restore stability to our nation's mortgage markets, allowing them to emerge from this time stronger, more resilient and better positioned to serve America's housing and commercial real estate needs for the future.
MBA's efforts in 2010 will be centered around (but certainly not limited to) four broad goals:
• Restore confidence in and ensure the future strength of the mortgage market;
• Reform the financial regulatory system;
• Continue to assist borrowers; and
• Promote liquidity during the disruption of the commercial real estate market.
Attached, please find a copy of the priorities and our economic and mortgage finance/housing forecasts. If you have any questions, please feel free to reach out to one of us.
Yours Very Truly,
John A. Courson
President and Chief Executive Officer
Mortgage Bankers Association
Robert E. Story, Jr., CMB
Chairman
Mortgage Bankers Association
9676_GAR_LegislativePriorities.pdf2010 Economic Forecast.pdf