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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 Testifies on Health of FHA

WASHINGTON, D.C. - December 2, 2011 - (RealEstateRama) -- Henry V. Cunningham Jr., CMB, a member of the Mortgage Bankers Association’s (MBA) Board of Directors and immediate past Chairman of MBA’s Residential Board of Governors (RESBOG), testified today before the House Financial Services Committee at a hearing titled, “Perspectives on the Health of the FHA Single-family Insurance Fund.”

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - November 30, 2011 - (RealEstateRama) -- Mortgage applications decreased 11.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 25, 2011. This week’s results include an adjustment to account for the Thanksgiving holiday

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - November 23, 2011 - (RealEstateRama) -- Mortgage applications decreased 1.2 percent from one week earlier (which included the Veterans Day holiday), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 18, 2011.

Delinquencies Decrease, Foreclosures Rise in Latest MBA Mortgage Delinquency Survey

WASHINGTON, D.C. - November 17, 2011 - (RealEstateRama) -- The seasonally adjusted delinquency rate for mortgage loans on one-to-four-unit residential properties fell to 7.99 percent in the third quarter of 2011, according to data from the Mortgage Bankers Association’s (MBA) National Delinquency Survey. This is the lowest level recorded since the fourth quarter of 2008.

Award Winning Study Examines Impact of Social Networks on Homeowners Decision to Strategically Default

WASHINGTON, DC - November 17, 2011 - (RealEstateRama) -- Unemployment and other factors have caused many homeowners to involuntarily default on their mortgages. At the same time, falling home prices, the possibility of being underwater for many years and advice from certain influencers, or "mavens," may have encouraged others to simply stop paying, with deleterious consequences in some markets, according to a study released today by the Mortgage Bankers Association (MBA).

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- Mortgage applications decreased 10.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 11, 2011. This week’s results include an adjustment to account for the Veterans Day holiday.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - November 9, 2011 - (RealEstateRama) -- Mortgage applications increased 10.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 4, 2011.

Third Quarter Commercial/Multifamily Mortgage Originations Up 98 Percent from Last Year, 10 Percent from...

Washington, DC - November 3, 2011 - (RealEstateRama) -- Third quarter 2011 commercial and multifamily mortgage loan originations were 98 percent higher than during the same period last year and 10 percent higher than the second quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - November 2, 2011 - (RealEstateRama) -- Mortgage applications increased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 28, 2011

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - October 26, 2011 - (RealEstateRama) -- Mortgage applications increased 4.9 percent from one week earlier, which included the Columbus Day holiday, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 21, 2011.

MBA Welcomes Changes to HARP

WASHINGTON, D.C. - October 24, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement in response to this morning's announcement of changes to the Home Affordable Refinance Program (HARP).

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - October 19, 2011 - (RealEstateRama) -- Mortgage applications decreased 14.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 14, 2011, which included the Columbus Day holiday.

MBA Announces New Members and Leadership of Residential Board of Governors (RESBOG) and Residential...

Chicago, IL - October 17, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced Garry Cipponeri, Senior Vice President of Chase in Iselin, NJ, as Chairman of its Residential Board of Governors (RESBOG) and, David Motley, CMB, President of Colonial National Mortgage in Fort Worth, TX as Vice Chair of RESBOG at the MBA's 98th Annual Convention & Expo.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - October 12, 2011 - (RealEstateRama) -- Mortgage applications increased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 7, 2011.

MBA Sees Slow Growth in Purchase Originations, Drop in Refinancing, Weak Overall Economic Growth...

Chicago, IL - October 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) expects to see mortgage originations fall from an estimated $1.2 trillion in 2011 to $900 billion in 2012. The drop will be driven by a significant decline in refinance originations, while purchase originations will increase only slightly. The economy will see another year of anemic growth in 2012, and then will grow somewhat faster in 2013. Refinance originations are expected to fall despite low mortgage rates as economic uncertainty lingers and fewer eligible borrowers remain.

MBA Announces 2012 Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) Leadership and New...

Chicago, IL - October 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the election of Tari L. Flannery, CMB, President, M&T Realty Capital Corporation as the new Chair of the Commercial Real Estate/Multifamily Finance Board of Governors at the association's 98th Annual Convention & Expo in Chicago. Vice Chair Brian F. Stoffers, CMB, President, CBRE Capital Markets returns as a Vice Chair for COMBOG. Joining him as a new Vice Chair is Mark Wilsmann, Managing Director, MetLife, Inc.

MBA Honors Henry V. (Hank) Cunningham, Jr., CMB, with the 2011 Andrew D. Woodward...

Chicago, IL - October 11, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded Henry V. (Hank) Cunningham, Jr., CMB, President of Cunningham & Company, with the Andrew D. Woodward Distinguished Service Award at the Association’s 98th Annual Convention and Expo held in Chicago, IL. The award was given to Cunningham in recognition of his dedication and prominent service to MBA and the mortgage lending industry.

MBA Announces Creation of National 501(c)(3) Nonprofit Organization for Philanthropic Ventures

CHICAGO, IL - October 11, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the creation of a national 501(c)(3) nonprofit organization to be the umbrella for philanthropic ventures by MBA and its members to help American families and communities.

Michael W. Young Sworn in as MBA Chairman

Chicago, IL - October 10, 2011 - (RealEstateRama) -- Michael W. Young, Chairman of the Board, Cenlar FSB, today was sworn in as the 2012 Chairman of the Mortgage Bankers Association (MBA) at the association's 98th Annual Convention & Expo in Chicago.

CampusMBA Graduates 35 Certified Mortgage Bankers During MBA Annual Convention

Chicago, IL - October 10, 2011 - (RealEstateRama) -- CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), graduated 35 Certified Mortgage Bankers (CMB) at a ceremony held at MBA’s 98th Annual Convention & Expo in Chicago. The CMB designation is the highest professional honor within the real estate finance industry.