Mortgage Bankers Association

The Mortgage Bankers Association (MBA) is the national association representing all facets of the real estate finance industry in the United States and is headquartered in Washington, D.C. MBA represents over 2,200 member companies.[1] MBA’s membership base includes all sectors of the real estate finance industry including originators, servicers, unresidential, commercial, and multi-family arenas.

During the subprime mortgage crisis of 2008, the MBA's membership fell from 3,000 to 2,500. Its current membership is 2,200.[1][2] Uniform multi-state licensing of mortgage originators began in 2008 with the Nationwide Multi-State Licensing System and Registry (NMLS). The NMLS requirements may have been greater than those of mortgage originator requirements of some states, and this may help explain part of the drop in membership.

MBA is headed by Robert Broeksmit, president and chief executive officer. Rodrigo Lopez, executive chairman of NorthMarq Capital, was MBA's chairman for 2017.[3]

Mark Jones, president of Union Home Mortgage is MBA's chairman for 2024.[4]

  1. ^ a b About Mortgage Banker's Association
  2. ^ Cite error: The named reference was was invoked but never defined (see the help page).
  3. ^ "Officers". Retrieved April 28, 2017.
  4. ^ "Mark Jones Sworn in as 2024 MBA Chairman". MBA. Retrieved April 25, 2024.

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