Hello all,
After a long counting process we finally have a new President Elect. The new Biden-Harris administration will have several effects on our industry. We will likely see a change at the top of the CFPB. The Biden platform includes a potential tax credit for first time home buyers. It is also unlikely that Fannie and Freddie will come out of conservatorship under a Biden Presidency. The MMA will keep you updated as changes to our industry evolve in the upcoming administration.
Stay safe and healthy.
Roger Kadlec
President