The article discusses the staff cuts at Government-Sponsored Enterprises (GSEs) and regulators, suggesting that while not all cuts may be necessary, smaller teams are intended for greater operational focus. The MBA asserts positive collaboration with the CFPB, highlighting a repeal of unnecessary regulations under new administration leadership. Optimism around critical reforms is emphasized, with attention to deregulation efforts by HUD aimed at reducing housing costs and improving affordability, while still advocating against measures perceived to increase costs in the industry.
the GSEs are moving in the right direction.
the CFPB is listening, which is clear in its recent decision to repeal the duplicative and unnecessary nonbank registry.
we're actually seeing some critical reforms that will lift the industry.
the MBA believes both initiatives would raise costs amid affordability challenges and is still pushing for their full repeal.
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