There is an old saying “history never looks like history when you are living through it”. During good times or challenging times, periods of great development or times of economic uncertainty, the one constant that the New York real estate community has come to rely on has been the Mortgage Bankers Association of New York, Inc. Born out of the post-war real estate boom in 1948, the MBA of New York
has promoted the welfare of the real estate finance industry of New York State ever since. Our purpose for existence and our mission have transcended every real estate cycle since our inception. We have always endeavored to provide our membership with high quality networking opportunities, topical educational programming on matters relevant to the times and be an advocate for their interests in the political and business arenas on issues affecting our industry. Over the years, our Past Presidents, Officers and Boards of Governors have been leaders of our industry and have always graciously volunteered their time to serve. The MBA of New York proudly recognizes the history created by our Past Presidents and gratefully acknowledges not only their service to our industry but also their contributions to our organization over the years. High interest rates, low interest rates, inflation, deflation, stagflation, over-building, under-building, tight credit,easy credit, no credit, credit crunches and, of course, long periods of prosperity. The MBA of New York and its members have lived through it all. And, for every situation we have lived through, combined with all that we have learned from our past, the MBA of New York and its members have always emerged stronger, smarter, tougher and better- together.
