What is the Mortgage Bankers Association (MBA)?
The Mortgage Bankers Association (MBA) is a professional organization that represents the property finance industry in the United States.
How Does the Mortgage Bankers Association (MBA) Work?
The Mortgage Bankers Association facilitates communication among mortgage bankers and provides ethical standards to ensure transparent and fair mortgage lending throughout the industry. The Mortgage Bankers Association publishes materials that promote ongoing education for mortgage professionals as well as accessible information for the public. Located in Washington, DC, the Mortgage Bankers Association also addresses issues in mortgage lending that result from industrial and regulatory changes.
Why Does the Mortgage Bankers Association (MBA) Matter?
It is important not to confuse the Mortgage Bankers Association with the National Association of Mortgage Brokers, which represents individuals certified to market and sell mortgages to property buyers pending application approval by a lender.
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