Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 27, 2017.
MBA Forecasts Commercial/Multifamily Originations Flat in 2018
The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations will increase in 2017, ending the year at $515 billion, up 5 percent from the 2016 volumes. MBA expects volumes to remain at roughly that level in 2018. MBA forecasts mortgage banker originations of just multifamily mortgages at $235 billion in 2017, with total multifamily lending at $271 billion. After strong growth in 2017, multifamily lending is expected to slow slightly in 2018.
MBA’s Future Leaders Program Graduates 72 Residential and Commercial/Multifamily Real Estate Finance Professionals
The Mortgage Bankers Association (MBA) today recognized a total of 72 mortgage professionals -- 38 from the residential market segment and 34 from the commercial/multifamily market segment -- in a graduation ceremony for MBA's Future Leaders Program held at the association's Annual Convention & Expo in Denver, CO.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 4.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 20, 2017. The previous week's results included an adjustment for the Columbus Day holiday.
Arch MI and CMG Foundation Presented with MBA Opens Doors Foundation Community Champion Award
The Mortgage Bankers Association (MBA) announced that Arch Mortgage Insurance and the CMG Foundation are the recipients of the MBA Opens Doors Foundation (ODF) 2017 Community Champion Award. The award recognizes those whose dedication resulted in unique and lasting contributions to advance the foundation's mission to enable families with a critically ill or injured child to keep their home, even in the face of significant medical bills.
MBA Forecasts Purchase Originations to Increase to $1.2 Trillion in 2018
The Mortgage Bankers Association announced today that it expects to see $1.2 trillion in purchase mortgage originations during 2018, a 7.3 percent increase from 2017. In contrast, MBA anticipates refinance originations will decrease by 28.3 percent from 2017, to approximately $430 billion. In total, mortgage originations will decrease to $1.60 trillion in 2018 from $1.69 trillion in 2017
MORPAC Honors Fowler Williams, CMB with the 2017 Distinguished Schumacher-Bolduc Award
The Mortgage Bankers Association Political Action Committee (MORPAC) today awarded Fowler Williams, CMB, President and CEO at Crescent Mortgage Company, with the 2017 Schumacher-Bolduc Award at the association's Annual Convention and Expo held in Denver, CO. The award was given to Williams in recognition of his outstanding work on behalf of MBA's political advocacy programs and the mortgage lending industry
MBA Announces Governors and Committee Chairs for 2018
The Mortgage Bankers Association (MBA) today announced its new members of the Residential Board of Governors (RESBOG), members of the Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG), and Residential Committee Chairs 2018
Griffith J. Straw, Master CMB, Presented with MBA Education Rosser Lifetime Achievement Award
The Mortgage Bankers Association (MBA) today presented Griffith (Griff) J. Straw, Master CMB, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award. "Griff's commitment and efforts have resulted in numerous mortgage professionals receiving training, insight
MBA Elects 2018 Board of Directors
The Mortgage Bankers Association (MBA) today swore in its Board of Directors for the 2018 membership year at MBA's Annual Convention & Expo in Denver, Colorado. The Board of Directors will be chaired by Dave Motley, CMB, Chairman of MBA and President of Colonial Savings, F.A.
Dave Motley, CMB, Sworn in as 2018 MBA Chairman
Dave Motley, CMB, President of Colonial Savings, F.A. and its divisions -- Colonial National Mortgage and CU Members Mortgage, was sworn in today as Chairman of the Mortgage Bankers Association (MBA) during the Association's 2017 Annual Convention & Expo in Denver, CO.
MBA Recognizes 40 New Certified Mortgage Banker Graduates
MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 40 individuals who earned the Certified Mortgage Banker (CMB®) designation at a ceremony held at MBA's Annual Convention & Expo in Denver, CO. Earning one's CMB is the highest professional honor within the real estate finance industry.
Multifamily Lending Up 8 Percent in 2016
ultifamily lending was up 8 percent year over year in 2016, with nearly three thousand different multifamily lenders providing a total of $269.2 billion in new mortgages for apartment buildings with five or more units, according to a new report from the Mortgage Bankers Association (MBA).
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 3.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 13, 2017. This week's results included an adjustment for the Columbus Day holiday.
September New Home Purchase Mortgage Applications Decreased 7.5 Percent Year over Year
The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for September 2017 shows mortgage applications for new home purchases decreased 7.5 percent compared to September 2016. Compared to August 2017, applications decreased by 20 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 6, 2017
Statement from NAHB Chairman Granger MacDonald on OMB Flood Insurance Proposal
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement regarding a proposal to reform the National Flood Insurance Program put forth by Office of Management and Budget Director Mick Mulvaney
Purchase Apps Up, Refi Apps Down in Latest MBA Weekly Survey
Mortgage applications decreased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 29, 2017.
MBA Welcomes 14 New Members in August
The Mortgage Bankers Association (MBA) announced that in August it welcomed 14 new regular members to its ranks, which currently numbers more than 2,200 member companies. MBA welcomes the following new members
MBA Statement on Passage of Bipartisan Flood Insurance Title in FAA extension
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), made the following statement applauding the House of Representatives for passing bipartisan, bicameral, clarifying language to increase acceptance of private flood insurance products as part of the Disaster Tax Relief and Airport and Airway Extension Act of 2017.