MBA Joint Letter on Maryland Trust Licensing Issue

2025 Comment Letters Commercial / Multifamily Policy Issue Residential State and Local Issues
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The Maryland Mortgage Bankers and Brokers Association (MMBBA), the Mortgage Bankers Association of Metropolitan Washington DC, and the national Mortgage Bankers Association (MBA) wish to express our thanks with respect to your introduction of companion bills SB1026 and HB1516, the Maryland Secondary Market Stability Act of 2025. The organizations  fully support your legislation, which is also supported by the Maryland Office of Financial Regulation (OFR), because it is essential to restoring normal access to affordable home mortgage credit in the state.

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