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ABA: The American Bankers Association
Statement

ABA Applauds Executive Order on Mortgage Lending

"We applaud today’s White House executive order to expand bank participation in mortgage lending and give more Americans the chance to own a home. The proposed regulatory changes would help remove some of the significant obstacles preventing many banks, especially community banks, from being able to fully participate in the mortgage market. ABA supports policy initiatives that create sustainable and affordable housing opportunities, and we look forward to working with the administration, the regulatory agencies and Congress to implement these ideas and build on other efforts to make homeownership more affordable and accessible for all Americans."

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $25.3 trillion banking industry, which is composed of small, regional and large banks that together employ over 2 million people, safeguard $20.1 trillion in deposits and extend $13.5 trillion in loans.

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Blair Bernstein

(202) 663-5468

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