Today, HousingWire CEO Clayton Collins speaks with an industry leader well known to many: HousingWire President and CEO Bob Broeksmit. Mortgage Bankers Association (MBA). Broeksmit has over 35 years of finance and mortgage executive experience and brings deep knowledge across various aspects of the industry, including marketing, sales, operations, secondary marketing, and loan repayments to his MBA role. Masu.
Prior to joining MBA in 2018, he held executive positions at the following companies: Toleriant, chevy chase bank, prudential mortgage and Money store.
This compelling conversation charts Burksmit's journey from mortgage lending to leading an industry organization and how he measures his success in nonprofits. Mr. Collins and Mr. Burksmit will also discuss the challenges and opportunities facing leaders in a challenging housing market environment, and what he sees as his top mortgage priorities for 2024.
A summary of the learning content is as follows.
- Mortgage industry leaders must understand and align with the goals of their boards and members through effective communication.
- Industry associations need strong relationships and credibility to influence policy decisions that affect the industry and secure a forum for discussion.
- Nonprofit trade associations measure success by providing value to their members, advocating for their interests, and effectively addressing industry challenges.
- Leaders must adapt their leadership to housing market conditions and focus on areas of control to support members.
- Collaboration among housing industry stakeholders will ensure unified advocacy for beneficial policies.
- Top priorities for the mortgage industry in 2024 include increasing mortgage demand, addressing supply constraints, and optimizing servicing operations.
- A variety of factors drive mergers and consolidation in the mortgage industry, including strategic focus, size, and personal considerations of the leaders involved.
Related to this episode:
The Power House Podcast is about leadership, markets, and entrepreneurship in the housing industry. Every Thursday, Clayton Collins speaks with her CEOs and founders to uncover how the most influential executives are thinking about business growth, operational strategy, and leadership.
