MBA
Rodrigo Lopez Testifies on the Role of FHA in the Multifamily Mortgage Markets
WASHINGTON, D.C. - June 7, 2012 - (RealEstateRama) -- Rodrigo Lopez, CMB, President and CEO of AmeriSphere Multifamily Finance headquartered in Omaha, Nebraska, today testified on behalf of the Mortgage Bankers Association (MBA) before the U.S. House of Representatives Committee on Financial Services Subcommittee on Insurance, Housing and Community Opportunity at a hearing titled, “Oversight of Federal Housing Administration’s Multifamily Insurance Programs.”
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - June 6, 2012 - (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 June 1, 2012. This week’s results include an adjustment for the Memorial Day holiday.
MBA Calls on FHA to Allow Investors into 203(k) Program
WASHINGTON, D.C. - June 6, 2012 - (RealEstateRama) -- On Tuesday, June 6, 2012 MBA sent a letter to FHA Commissioner Carol Galante asking FHA to lift the moratorium on allowing investors to participate in FHA’s Section 203(k) Rehabilitation Loan Program.
Commercial and Multifamily Mortgage Delinquency Rates Drop for Banks, Rise for CMBS in First...
WASHINGTON, D.C. - June 5, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage delinquency rates dropped for banks and rose for commercial mortgage backed securities (CMBS) during the first quarter of 2012. Delinquency rates also declined for life insurance companies and Fannie Mae during the first quarter, and increased by 0.01 percentage points for Freddie Mac, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.
Mortgage Rates Drop to New Survey Lows
WASHINGTON, D.C. - May 30, 2012 - (RealEstateRama) -- Mortgage applications decreased 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 May 25, 2012. This week’s results do not include an adjustment for early closings on Friday before the Memorial Day holiday.
MBA Announces David H. Stevens to Leave Association
Washington, DC - May 30, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced that David H. Stevens, the association’s President and CEO, will be leaving the organization effective June 30, 2012. SunTrust Bank, a long-standing and active member of MBA, has announced that it has hired Stevens to be President of SunTrust Mortgage.
MBA Increases Originations Estimate for 2012 by Almost $200 Billion
Washington, DC - May 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced it is increasing its mortgage origination forecast for 2012 by almost $200 billion, due entirely to an increase in refinances. MBA now expects that mortgage originations will reach $1.28 trillion in 2012, up from $1.26 trillion in 2011
Record Low Mortgage Rates Fuel Third Consecutive Increase In Refinance Applications In Latest MBA...
WASHINGTON, D.C. - May 23, 2012 - (RealEstateRama) -- Mortgage applications increased 3.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 18, 2012.
Q1 2012 Commercial/Multifamily Mortgage Originations Up 36 Percent from Q1 2011
Washington, DC - May 16, 2012 - (RealEstateRama) -- First quarter 2012 commercial and multifamily mortgage loan originations were 36 percent higher than during the same period last year and 12 percent lower than the fourth quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The decrease from fourth quarter 2011 reflects the industry’s usual push to finalize deals before the end of the year, and subsequent drop-offs in first quarter numbers.
Delinquencies Decline in Latest MBA Mortgage Delinquency Survey
WASHINGTON, D.C. - May 16, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 7.40 percent of all loans outstanding as of the end of the first quarter of 2012, a decrease of 18 basis points from the fourth quarter of 2011, and a decrease of 92 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased 121 basis points to 6.94 percent this quarter from 8.15 percent last quarter.
Refinance Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - May 16, 2012 - (RealEstateRama) -- Mortgage applications increased 9.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 11, 2012
Remarks by MBA President and CEO David H. Stevens, During MBA’s 2012 National Secondary...
New York, NY - May 11, 2012 - (RealEstateRama) -- "The dream to come from nothing and buy a home." These are powerful words, and I want to thank Mitch for sharing his amazing family story with us today. Ladies and Gentlemen, Mitch Kider is with us today. Mitch, would you please stand and be recognized?
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - May 11, 2012 - (RealEstateRama) -- Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 4, 2012.
Purchase Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - May 4, 2012 - (RealEstateRama) -- Mortgage applications increased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 27, 2012.
Lew Ranieri, Raj Date, Scott Simon to Headline MBA’s National Secondary Market Conference and...
WASHINGTON, D.C. - May 4, 2012 - (RealEstateRama) -- Lew Ranieri, considered the “father” of the mortgage securitization market, Raj Date, Deputy Director of the Consumer Financial Protection Bureau, and Scott Simon, Managing Director and head of the mortgage- and asset-backed securities teams at PIMCO, are among the speakers at MBA's Secondary Market Conference & Expo, the largest annual gathering for secondary market executives, taking place May 6-9, 2012 at the Marriot Marquis in New York City.
Remarks by David H. Stevens, President and CEO, MBA During MBA’s 2012 National Technology...
Phoenix, AZ - April 25, 2012 - (RealEstateRama) -- "Good morning and welcome to the Mortgage Bankers Association's National Technology and Fraud conferences.
Mortgage Applications Decrease Despite Survey Low Rates in Latest MBA Weekly Survey
WASHINGTON, D.C. - April 25, 2012 - (RealEstateRama) -- Mortgage applications decreased 3.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 20, 2012.
MBA Honors 2012 Mortgage Banking Tech All-Stars
Phoenix, AZ - April 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded eleven industry innovators with the Mortgage Banking Tech All-Stars award at the Association's 2012 National Technology in Mortgage Banking Conference & Expo held in Phoenix, AZ. This is the 10th anniversary of Mortgage Banking's technology awards celebrating individuals who have made outstanding contributions to the field of mortgage technology.
Refinance Applications Up, Purchase Applications Down in Latest MBA Weekly Survey
WASHINGTON, D.C. - April 19, 2012 - (RealEstateRama) -- Mortgage applications increased 6.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 13, 2012.
MBA Presents Burton C. Wood Legislative Service Award to CWCapital CEO Michael Berman, CMB
Washington, D.C. - April 19, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) has presented its annual Burton C. Wood Legislative Service Award to Michael Berman, founder and member of the Board of Managers of CW Financial Services (CW) and President and Chief Executive Officer of CWCapital. The award was presented at MBA’s 2012 National Policy Conference in Washington, DC.