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MBA’s Broeksmit Statement on Kraninger Confirmation

WASHINGTON, D.C. (December 7, 2018) – (RealEstateRama) — Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), released the following statement regarding the confirmation of Kathleen Kraninger to be the next head of the Bureau of Consumer Financial Protection (BCFP).

“Kathy Kraninger is an intelligent, experienced administrator who has worked on a broad range of complex, high-profile issues over the course of her career. We look forward to working with her and anticipate she will continue the Bureau’s efforts to protect consumers by providing financial institutions clear and understandable regulations accompanied by appropriate compliance and implementation requirements.”

Rob Van Raaphorst

(202) 557- 2799