THE BASIS POINT

MBA Head David Stevens On Mortgage Interest Deduction & State Of Housing

 

I had the honor of meeting Mortgage Bankers Association CEO David Stevens last month, and I have to say consumers are lucky to have him. This is a guy who understands better than most the delicate balance between regulation and open market activity. In fact, last week I discussed how Stevens’ group was instrumental in making current mortgage laws as consumer-friendly as they can be given the infinite complexity in Washington. Anyway, today Stevens was on CNBC doing a more broad interview on the state of housing, fate of Fannie/Freddie, and status of the home mortgage interest deduction—always a hot topic, especially around tax season.

Watch it below and follow Stevens on twitter: @davidhstevens

Reference:
David Stevens On Current State Of Housing (CNBC)

MBA Applauds Bill To Clarify Consumer Loan Fees (MortgageNewsDaily)

$XLF, $XHB

 

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Comments [ 2 ]
  1. Akolea says:

    David Kernen of CNBC is a total douche.

  2. Akolea says:

    David Kernen of CNBC is a total douche.

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