MReport March 2017

TheMReport — News and strategies for the evolving mortgage marketplace.

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64 | TH E M R EP O RT "A mess" In a February, PRESIDENT TRUMP said he "inherited a mess at home," referring to the U.S. economy. The new administration his projected economic growth between 3 and 3.5 percent for the next decade under their watch. "The anxiety is now multi-generational." NHP Foundation CEO RICHARD BURNS discussing the anxiety baby boomers feel over the lack of affordable housing. According to a recent NHP Foundation report, 42 percent of retirees report feeling anxiety over their housing situation at least once daily. "Fierce tug of war . . ." Washington Post writer JONELLE MARTE, choice this phrase when describing the fight that is aligning across party lines concerning the future of the Consumer Financial Protection Bureau. "We cannot afford to go down this road again." JANET YELLING commenting on Trump's plans for overall de-regulation of the mortgage market, starting with a review of Dodd-Frank. "A key lieutenant" The New York Time referring to STEVEN MNUCHIN's plae in President Trump's administration now that he has been confirmed as Treasury Secretary. Final Thoughts This month's quotes made headlines and shockwaves throughout the industry last month, and gave us a glimpse of what's to come throughout the year from some of the nation's most talked-about figures.

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