What type of materials is the MBMA Act concerned with regarding advertising?

The MBMA Act focuses on all written and online advertising materials because it aims to ensure transparency, accuracy, and compliance in the promotion of mortgage services. This comprehensive approach encompasses various formats of advertising, including promotional brochures, online content, flyers, and social media posts. By regulating all forms of written and online advertisements, the Act helps to protect consumers from misleading or false information, ensuring that mortgage professionals present clear and honest representations of their services.

In this context, limiting the scope to just one type of material, such as educational materials for clients, promotional brochures, or verbal communications, would not fully align with the Act’s purpose. Instead, the inclusive focus on all written and online advertising materials allows for a broader enforcement of standards and practices in the industry, fostering a more trustworthy environment for consumers seeking mortgage advice and services.