Disrupted lending practices, increasingly byzantine regulations and heavy incidence of fraud have led to a turbulent time for mortgage bankers. The industry has stepped up lobbying efforts and banded together — both to better understand the new laws facing the industry and to work toward restoring its reputation. The topics were covered today at the newly formed Mortgage Bankers Association of South Florida’s inaugural meeting today at the Riviera Country Club in Coral Gables. The MBA of South Florida replaces the Mortgage Bankers Association of Greater Miami, which had dissolved in the past few years, and represents one of the ways mortgage bankers are starting to deal with the foreclosure crisis. [more]