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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

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.

Mortgage Applications, except Government Refinances, Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - October 6, 2011 - (RealEstateRama) --Mortgage applications decreased 4.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 30, 2011.

MISMO® Presents Leendert Bijnagte with Staff Appreciation Award

Washington, DC - September 30, 2011 - (RealEstateRama) -- MISMO, the not-for-profit data standards subsidiary of the Mortgage Bankers Association (MBA), presented its Staff Appreciation Award to Leendert (Leo) Bijnagte, Business Systems Consultant at Wells Fargo Home Mortgage. The award, which was announced on September 12th at the MISMO September Trimester Meeting in Broomfield, Colorado, was presented to Bijnagte for his outstanding commitment and service to MISMO.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 28, 2011 - (RealEstateRama) -- Mortgage applications increased 9.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 23, 2011.

Management of MISMO to Transfer to MBA

Washington, DC - September 23, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) and MERSCORP,Inc.® (the parent company of Mortgage Electronic Registration Systems, Inc., MERS) jointly announced today that management of the Mortgage Industry Standards Maintenance Organization, Inc. (MISMO®) will transfer to MBA on December 1, 2011.

Commercial/Multifamily Mortgage Debt Outstanding Increased For First Time Since 2009

Washington, DC - September 22, 2011 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding increased by 0.1 percent in the second quarter of 2011, the first quarterly increase since the third quarter of 2009, according to the Mortgage Bankers Association (MBA).

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 21, 2011 - (RealEstateRama) -- Mortgage applications increased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 16, 2011.

MBA’s Stevens Testifies on Restructuring and Refinancing Mortgage Loans

WASHINGTON, D.C. - September 15, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), testified today before the Senate Banking Subcommittee on Housing, Transportation and Community Development at a hearing titled, “New Ideas for Refinancing and Restructuring Mortgage Loans.”

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 14, 2011 - (RealEstateRama) -- Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 9, 2011. This week’s results include an adjustment to account for the Labor Day holiday

Commercial/Multifamily Mortgage Delinquencies Down in Second Quarter for Four of Five Major Investor Groups

WASHINGTON, D.C. - September 12, 2011 - (RealEstateRama) -- Commercial/multifamily mortgage delinquency rates among four out of five major investor groups decreased in the second quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - September 8, 2011 - (RealEstateRama) -- Mortgage applications decreased 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 2, 2011.

MBA Hires Jeffrey Schummer to be Vice President of Education

WASHINGTON, D.C. - September 7, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Jeffrey M. Schummer as Vice President of Education. In this role, Schummer will be driving the strategic vision, development and growth of MBA's educational programs.