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MBA

MBA

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.

Contact:

Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005

Phone: (202) 557-2700

MBA

Independent Mortgage Bank Volumes Decrease, Production Profits Drop in 4th Quarter 2016

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $575 on each loan they originated in the fourth quarter of 2016, down from a reported gain of $1,773 per loan in the third quarter of 2016, the Mortgage Bankers Association (MBA) reported today in its Quarterly Mortgage Bankers Performance Report.
MBA

Commercial/Multifamily Mortgage Debt Ends Year Strong, Despite CMBS Decline

The level of commercial/multifamily mortgage debt outstanding increased by $46.0 billion in the fourth quarter of 2016, as three of the four major investor groups increased their holdings.  That is a 1.6 percent increase over the third quarter of 2016.    On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2016 was $162.0 billion higher than at the end of 2015, an increase of 5.8 percent.
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 3.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 10, 2017.
MBA

February New Home Purchase Mortgage Applications Increase 2.2 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2017 shows mortgage applications for new home purchases increased 2.2 percent compared to February 2016. Compared to January 2017, applications increased by 16 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns
MBA

Mortgage Credit Availability Increases in February

Mortgage credit availability increased in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
MBA

Commercial/Multifamily Delinquencies Remain Low in Fourth Quarter, CMBS Continues to Increase

Delinquency rates for commercial and multifamily mortgage loans remained low in the fourth quarter of 2016, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report.
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 3, 2017. The previous week's results included an adjustment for the President's Day holiday.
MBA

MBA Announces New Strategic Alliance with Lenders One

The Mortgage Bankers Association (MBA) announced today a new strategic alliance with the Lenders One® Cooperative that will provide new benefits to both MBA and Lenders One member companies.
MBA

MBA Statement on Dr. Ben Carson Being Confirmed as HUD Secretary

Statement by MBA President & CEO David Stevens on the U.S. Senate approving the nomination of Dr. Ben Carson to run the Department of Housing and Urban Development
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 5.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 24, 2017. This week's results included an adjustment for the Presidents' Day holiday.

Prepared Remarks of Dave Motley at MBA’s National Mortgage Servicing Conference and Expo 2017

Dave Motley, 2017 Mortgage Bankers Association (MBA) Chairman-Elect and President of Colonial Savings, F.A. and its divisions -- Colonial National Mortgage and CU Members Mortgage, today delivered the following remarks at MBA's National Mortgage Servicing Conference and Expo 2017 in Grapevine, Texas.

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 10, 2017.

Delinquencies Increase in Fourth Quarter from Ten-Year Lows, Foreclosure Starts Continue Decline in Latest...

The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.80 percent of all loans outstanding at the end of the fourth quarter of 2016. The delinquency rate was up 28 basis points from the previous quarter, and was three basis points higher than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.

MBA Appoints Pete Carroll and Andy Crisenbery to MISMO Board of Directors

The Mortgage Bankers Association (MBA), parent corporation of the Mortgage Industry Standards Maintenance Organization (MISMO), appointed Pete Carroll, Executive Vice President at Quicken Loans, and Andy Crisenbery, Senior Vice President, Managing Director of eLending Solutions at Black Knight Financial Services, to the MISMO Board of Directors.

January New Home Purchase Mortgage Applications Increased 9.2 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2017 shows mortgage applications for new home purchases increased 9.2 percent compared to January 2016. Compared to December 2016, applications increased by 22 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 3, 2017.

Mortgage Credit Availability Increases in January

Mortgage credit availability increased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.

New RIHA Study Details Shifts in Rented vs. Owned Housing Stock

The Research Institute for Housing America (RIHA) today released a new study examining the shift of existing housing stock between owner-occupied and rental over time. The study was authored by Stuart S. Rosenthal, Maxwell Advisory Board Professor of Economics at Syracuse University

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 3.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2017.  The previous week's results included an adjustment for the MLK Day holiday

MBA Introduces GSE Reform Principles and Guardrails

The Mortgage Bankers Association (MBA) released a paper outlining its recommended approach for secondary mortgage market reform, with the objective of ending the conservatorship of Fannie Mae and Freddie Mac (the GSEs) and establishing a new, durable foundation for the secondary mortgage market. Specifically, this paper outlines a preferred end-state, the principles that should be incorporated in any future system, the key components and guardrails of the end-state, and emphasizes the need to ensure a smooth transition to a reformed secondary mortgage market

MISMO Extends Comment Period for Proposed Rent Roll Standards for Commercial Property

MISMO®, the Mortgage Industry Standards Maintenance Organization has extended the public comment period for the proposed data standard for the exchange of rent roll information on commercial property. The public comment period has been extended through Wednesday, March 15th, 2017.

MBA Statement on the Senate Banking Committee Approval of Dr. Ben Carson as HUD...

David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA), released the following statement regarding the Senate Banking Committee's approval of Dr. Ben Carson as Secretary of the Department of Housing and Urban Development

MBA Statement on the Suspension of the MIP Reduction

David H. Stevens, President & CEO Mortgage Bankers Association, released the following statement regarding the Trump Administration's decision to suspend the recent reduction of the FHA mortgage insurance premium

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2017. The previous week's results included an adjustment for the New Year's holiday.

December New Home Purchase Mortgage Applications Increase 2 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for December 2016 shows mortgage applications for new home purchases increased 2 percent relative to December 2015. Compared to November 2016, applications decreased by 14 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 5.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 6, 2017. The most recent week's results include an adjustment to account for the New Year's Day holiday, while the previous week's results were adjusted for the Christmas holiday.

Gene Lugat Appointed MAA Chairman for 2017-2018

The Mortgage Bankers Association (MBA) announced today that Gene Lugat, Executive Vice President of Eastern Division, National Industry and Political Relations, PrimeLending, Inc., has been appointed chairman of the Mortgage Action Alliance (MAA) for the 2017-2018 election cycle, by Rodrigo Lopez, CMB, MBA Chairman and Executive Chairman of NorthMarq Capital, and David Motley, MBA Chairman-Elect and President of Colonial Savings, F.A. and its divisions -- Colonial National Mortgage and CU Members Mortgage. Mr. Lugat will succeed Fowler Williams, CMB, who served as MAA Chairman for the 2015-2016 election cycle

Rick Arvielo Appointed Chairman of MORPAC for 2017-2018

The Mortgage Bankers Association (MBA) has announced that Rick Arvielo, CEO of New American Funding, was appointed chairman of the Mortgage Bankers Association Political Action Committee (MORPAC) for the 2017-2018 election cycle, by Rodrigo Lopez CMB, MBA chairman and Executive Chairman of NorthMarq Capital, and David Motley, MBA Chairman-Elect and President of Colonial Savings, F.A. and its divisions -- Colonial National Mortgage and CU Members Mortgage. Arvielo succeeds Jamie Korus who served as MORPAC Chairman for the 2015-2016 election cycle.

MBA Statement on FHA Mortgage Insurance Premium Reduction

David H. Stevens, President & CEO, Mortgage Bankers Association, released the following statement today regarding HUD's decision to reduce Mortgage Insurance Premiums for FHA single family loans

Survey: Commercial and Multifamily Originators Expect Strong, Steady Market in 2017

Commercial and multifamily mortgage lending is expected to increase in 2017, as lenders' appetites to place new loans and borrowers' appetites to borrow both remain strong, according to a new Mortgage Bankers Association survey of the top commercial and multifamily mortgage origination firms. Nearly two-thirds (63 percent) of the top firms expect originations to increase in 2017, with one-quarter (26 percent) expecting an increase of 5 percent or more. A full half (50 percent) expect their own firm's originations to increase by 5 percent or more

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The Boulder Group Arranges Sale of Triple Net Lease Dollar General

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar General located at 8212 Highway 171 in Grand Cane, Louisiana for $1,168,947.

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April 21 BSSC Webinar Looks at Steel-Framed Buildings

The National Institute of Building Sciences Building Seismic Safety Council (BSSC) will host the third webinar in its 2017 series sponsored by the Federal Emergency Management Agency (FEMA). The free webinar, “Design of Seismic Force-Resisting Systems in Steel-Framed Buildings,” will be held Friday, April 21, 2017, from 2:00 pm to 3:00 pm ET (11:00 am to 12:00 pm PT).