Stevens' Statement on the Financial Regulatory Improvement Act of 2015

CONTACT
Rob Van Raaphorst
rvanraaphorst@mba.org
(202) 557- 2799

WASHINGTON, D.C. (May 21, 2015) -Statement from MBA President & CEO David H. Stevens on the Financial Regulatory Improvement Act of 2015.

"I applaud Chairman Shelby and members of the Senate Banking Committee for moving this bill forward, one that goes a long way toward removing many of the barriers and regulatory burdens MBA has identified as impacting the ability of qualified consumers to obtain a mortgage.

"MBA strongly supports many provisions in this legislation.  We are encouraged by the stated willingness of senators on both sides of the aisle today that they wish to continue trying to reach consensus on this measure now that it has cleared the Committee.  MBA looks forward to working with policymakers and other engaged stakeholders to achieve a bipartisan agreement prior to its floor consideration."