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Chopra, Broeksmit discuss how financial stability, mortgage lending intertwine at MBA Annual
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Banking, Conference Coverage, Consumer Protection, Nonbank Financial
Tuesday, November 7, 2023
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Perhaps one of the most
anticipated conversations during the Mortgage Bankers Association’s (MBA) 2023
convention occurred between Consumer Financial Protection Bureau (CFPB)
Director Rohit Chopra and MBA President and CEO Bob Broeksmit.
The relationship between banks and mortgage lending was the
primary topic of conversation. Chopra and Broeksmit discussed concerns over new
Basel III requirements, as well as the need for regulation in the nonbank
financial sector.
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