In a recent statement, Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit expressed strong opposition to rent control policies, labeling them as failed. Broeksmit’s remarks highlight a growing sentiment within the industry against government intervention in setting rent caps.

Key points:
– MBA President and CEO Bob Broeksmit criticizes rent control policies as ineffective
– Industry professionals voice opposition to government-mandated rent caps
– Concerns raised about the impact of rent control on the real estate market and investor confidence

For more information, read the full article on Weekly Real Estate News.

You can read this full article at: https://wrenews.com/mba-voices-opposition-to-bidens-rent-cap-proposal/

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