SVP Mike Kellman gave testimony to six Wisconsin state senators in Madison on February 28, on behalf of the Wisconsin Mortgage Bankers Associations, which elected him president in June.
The legislators wanted information about how Wisconsin consumers had been affected by federal regulations on mortgages.
“I told the senators how the Wisconsin consumer has been negatively affected by Dodd-Frank legislation, how they will be negatively affected by the upcoming HMDA regulation, and how consumer choice has been limited by the massive and disruptive stream of legislation that has been placed on the mortgage industry,” Mike said.