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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

BA’s Stevens Testifies on National Servicing Standards

WASHINGTON, D.C. - May 13, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association, testified today before the Senate Committee on Banking, Housing and Urban Affairs' Subcommittee on Housing, Transportation and Community Development on "The Need for National Mortgage Servicing Standards."

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - May 11, 2011 - (RealEstateRama) -- Mortgage applications increased 8.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 6, 2011.

Commercial/Multifamily Mortgage Bankers’ First Quarter 2011 Originations Increase 89 Percent Over First Quarter

Washington, DC - May 5, 2011 - (RealEstateRama) -- First quarter 2011 commercial and multifamily mortgage originations were 89 percent higher than during the same period last year and 25 percent lower than during the fourth quarter of 2010, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The decrease from fourth quarter 2010 reflects the industry’s usual push to finalize deals before the end of the year, and subsequent drop-offs in first quarter numbers.

Latest MBA Weekly Survey Shows Increase in Mortgage Applications, Driven by Refinances

WASHINGTON, D.C. - May 4, 2011 - (RealEstateRama) -- Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29, 2011.

MBA’s Stevens Announces Appointment of Marcia Davies to be Chief of Staff

WASHINGTON, D.C. - May 2, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Marcia M. Davies as his Chief of Staff, effective immediately.

Remarks by David H. Stevens, MBA President and CEO

New York, NY - May 2, 2011 - (RealEstateRama) -- “Thank you. As the new president and CEO of the Mortgage Bankers Association, it is my pleasure to welcome you to our 'National Secondary Market Conference.' Looking out over the audience, I recognize so many of you, and I cannot think of a better way to start my job at MBA than being here with you. I look forward to seeing you over the next several days and am interested in hearing your thoughts about the challenges we face. And, I want to publicly acknowledge our Chairman, Michael Berman. His leadership and passion have made such a difference. He has been working tirelessly traveling across the country to ensure the messages of this industry’s key issues are heard.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 27, 2011 - (RealEstateRama) -- Mortgage applications decreased 5.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 22, 2011. There was no adjustment made for Good Friday.

Study Examines the Impact of Homebuyer Education and Counseling on Mortgage Performance

WASHINGTON, DC - April 26, 2011 - (RealEstateRama) -- Potential homeowners who participate in prepurchase education and counseling programs may be more likely to pay their mortgages on time, although the evidence on this point is not consistent and compelling, according to a study released today by the Mortgage Bankers Association (MBA). The study also finds that those who participate in default counseling are more likely to have their loans modified.

MORTGAGE BANKERS’ COMMERCIAL/MULTIFAMILY ORIGINATIONS UP 44 PERCENT TO $118.8 BILLION IN 2010

WASHINGTON, D.C. - April 26, 2011 - (RealEstateRama) -- Commercial and multifamily mortgage origination volumes increased 44 percent in 2010 over the previous year, with mortgage bankers reporting $118.8 billion of closed commercial and multifamily loans, according to the Mortgage Bankers Association's 2010 Commercial Real Estate/Multifamily Finance: Annual Origination Volume Summation.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 20, 2011 - (RealEstateRama) -- Mortgage applications increased 5.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 15, 2011.

MBA Testifies on Implications and Consequences of the Proposed Rule on Risk Retention

WASHINGTON, D.C. - April 15, 2011 - (RealEstateRama) -- Henry V. Cunningham Jr., CMB, Mortgage Bankers Association (MBA) board member and chairman of the MBA Residential Board of Governors, testified today on behalf of MBA before the House Financial Services Committee Subcommittee on Capital Markets and Government Sponsored Enterprises at a hearing on, "Understanding the Implications and Consequences of the Proposed Rule on Risk Retention," providing the perspectives of both the commercial and residential real estate finance markets.

MBA Statement on Agreements Between Servicers and Federal Regulators

WASHINGTON, D.C. - April 14, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) issued the statement below, following the announcement of agreements between the Office of the Comptroller of the Currency, the Federal Reserve and the Office of Thrift Supervision and 14 large residential mortgage servicers.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 13, 2011 - (RealEstateRama) -- Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 8, 2011.

MBA’s National Secondary Market Conference & Expo to Include Tozer, Mullings, Neylan and Oppenheimer

WASHINGTON, D.C. - April 121, 2011 - (RealEstateRama) WHAT: The Mortgage Bankers Association's (MBA) 2011 National Secondary Market Conference & Expo- ‘Securing Future Market Growth

MBA Sends Letter to Geithner, Donovan and DeMarco on Proposed Changes to Servicing Fee...

WASHINGTON, D.C. - April 7, 2011 - (RealEstateRama) -- On Tuesday, April 5, 2011, the Mortgage Bankers Association (MBA) sent the attached letter to Treasury Secretary Timothy Geithner, HUD Secretary Shaun Donovan and Federal Housing Finance Agency (FHFA) Director Edward DeMarco expressing MBA’s strong reservations about the stated timetable to revamp the fee structure for residential mortgage loan servicing.

Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 6, 2011 - (RealEstateRama) -- Mortgage applications decreased 2.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 1, 2011.

MBA Promotes Jim Gross to Vice President of Financial Accounting and Public Policy

WASHINGTON, D.C. - April 5, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the promotion of Jim Gross to Vice President of Financial Accounting and Public Policy. In this capacity, he will advise Steve O’Connor, MBA’s Senior Vice President of Public Policy and Industry Relations on emerging industry policy issues and assist in setting strategic priorities.

MBA Releases 2010 Commercial/Multifamily Originations Rankings

Washington, DC - April 5, 2011 - (RealEstateRama) -- Wells Fargo Bank was the top commercial/multifamily mortgage originator in 2010, according to a set of listings released today by the Mortgage Bankers Association (MBA). Other originators in the top 10 include HFF, L.P.; Meridian Capital Group, LLC.; CBRE Capital Markets, Inc.; Prudential Mortgage Capital Company; MetLife Real Estate Investments; Deutsche Bank Commercial Real Estate; PNC Real Estate; Northmarq Capital, LLC; and Berkadia Commercial Mortgage LLC

MBA Presents Burton C. Wood Legislative Service Award to Union National Mortgage Company CEO...

Washington, D.C. - April 1, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) has presented its annual Burton C. Wood Legislative Service Award to Bill Cosgrove, President and CEO of Union National Mortgage Company, at its 2011 National Policy Conference.

MBA Releases 4th Quarter 2010 Commercial Real Estate/Multifamily Finance Quarterly Data Book

WASHINGTON, D.C. - March 31, 2011 - (RealEstateRama) -- Member of the Media: The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the fourth quarter of 2010. The Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance industry participants and observers.