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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: Commercial and Multifamily Mortgage Delinquency Rates Remain Low for Life Companies, Fannie and...

WASHINGTON, D.C. - March 3, 2011 - (RealEstateRama) -- During the fourth quarter of 2010, commercial and multifamily mortgage delinquency rates remained low for life insurance companies, Fannie Mae and Freddie Mac; fell for banks and thrifts for the first time since the 2006 and rose slightly for loans held in commercial mortgage backed securities (CMBS), according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 2, 2011 - (RealEstateRama) -- Mortgage applications decreased 6.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 25, 2011. The results do not include an adjustment for the Presidents’ Day holiday

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - February 23, 2011 - (RealEstateRama) -- Mortgage applications increased 13.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 18, 2011

Short-term Delinquencies Fall to Pre-Recession Levels, Loans in Foreclosure Tie All-Time Record in Latest...

WASHINGTON, D.C. - February 17, 2011 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 8.22 percent of all loans outstanding as of the end of the fourth quarter of 2010, a decrease of 91 basis points from the third quarter of 2010, and a decrease of 125 basis points from one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased 46 basis points to 8.93 percent this quarter from 9.39 percent last quarter.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - February 16, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 11, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 9.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 7.9 percent compared with the previous week.

Register Today for MBA’s 4th Quarter 2010 National Delinquency Survey (NDS) Conference Call

February 15, 2011 - (RealEstateRama) -- WHAT: Mortgage Bankers Association (MBA) 4th Quarter 2010 National Delinquency Survey (NDS) Media Conference Call. Conducted quarterly since 1972, MBA's National Delinquency Survey covers more than 40 million loans on one-to-four-unit residential properties, representing more than 80 percent of all first-lien residential mortgage loans outstanding in the United States

MBA Calls for Extension and Improvements for HARP Program

February 11, 2011 - (RealEstateRama) -- On Thursday, February 10, 2011, the Mortgage Bankers Association (MBA) submitted the attached comment letter to Edward DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA) calling for an extension of the Home Affordable Refinance Program (HARP) that allows underwater borrowers who loans are owned by Fannie Mae and Freddie Mac, and who are current on their mortgages, to take advantage of the current low interest rates to refinance their loans. MBA recommends that the program, currently slated to expire at the end of June, be extended to the end of December, 2012 to coincide with the expiration of the Home Affordable Modification Program (HAMP)

MBA’s Comment on Administration’s White Paper on Government Role in the Secondary Mortgage Market

WASHINGTON, D.C. - February 11, 2011 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association (MBA), today issued the following statement in response to the Obama Administration’s release of a white paper outlining potential approaches to reforming the government’s role in the secondary mortgage market.

Mortgage Applications Decrease as Rates Jump in Latest MBA Weekly Survey

WASHINGTON, D.C. - February 9, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 4, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 5.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 3.9 percent compared with the previous week.

MBA Honors Catherine Rodewald of Prudential MortgageCapital Company with 2011 CREF Distinguished Service Award

San Diego, CA - February 9, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded Catherine Rodewald, Vice President of Prudential Mortgage Capital Company, with the CREF Distinguished Service Award at the Association's 21st Annual Commercial Real Estate Finance (CREF)/Multifamily Housing Convention & Expo held in San Diego, CA. The award was given to Rodewald in recognition of her dedication and prominent service to MBA and the mortgage lending industry.

MBA: Strong Fourth Quarter Drives 2010 Commercial/Multifamily Mortgage Bankers Originations 36 Percent Above 2009...

San Diego, CA - February 7, 2011 - (RealEstateRama) -- Mortgage bankers originated $110 billion of commercial and multifamily mortgages during 2010 – an increase of 36 percent from 2009, according to preliminary estimates based on the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

MBA: Only 11 Percent of $1.4 trillion of Non-Bank Commercial/Multifamily Mortgage Debt Set to...

San Diego, CA - February 7, 2011 - (RealEstateRama) -- Of the $1.4 trillion balance of outstanding commercial/multifamily mortgages held by non-bank investors, only 11 percent of the total ($155 billion) will mature in 2011, and 9 percent ($125 billion) in 2012 according to today’s release of the Mortgage Bankers Association’s (MBA) 2010 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes. The survey found that maturities vary considerably by the type of investor holding the loan

MBA Comments to FinCEN on Proposal to Expand Suspicious Activity Reports

WASHINGTON, D.C. - February 7, 2011 - (RealEstateRama) -- On Friday, February 4, 2011, the Mortgage Bankers Association, (MBA) submitted the attached comment letter to the Financial Crimes Enforcement Network (FinCEN) in response to FinCEN’s proposal to expand its anti-money laundering programs to help reduce mortgage fraud against lenders through a Suspicious Activity Report (SAR) reporting requirement (Notice of Proposed Rulemaking 1506-AB02).

Wells Fargo/Wachovia, PNC/Midland and Berkadia Lead National Rankings of Commercial/Multifamily Servicing Volumes

San Diego, CA - February 7, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its year-end ranking of commercial and multifamily mortgage servicers as of the end of December 31, 2010. On top of the list of firms is Wells Fargo with $451.1 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $337.4 billion, Berkadia Commercial Mortgage with $194.9 billion, Bank of America Merrill Lynch with $126.6 billion, and KeyBank Real Estate Capital with $118.9 billion

MBA’s Woodwell Testifies on Commercial Real Estate Market

WASHINGTON, D.C. - February 4, 2011 - (RealEstateRama) -- Jamie Woodwell, Vice President of Commercial/Multifamily Research for the Mortgage Bankers Association (MBA), testified today before the Congressional Oversight Panel at a hearing titled, " Commercial Real Estate's Impact on Bank Stability."

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - February 2, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 28, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 11.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 13.2 percent compared with the previous week. The previous week did not include a holiday adjustment for Martin Luther King, Jr. Day

MBA Applauds Fed Decision to Suspend Reg. Z Rulemakings

WASHINGTON, D.C. - February 2, 2011 - (RealEstateRama) -- John A. Courson, President and CEO of the Mortgage Bankers Association (MBA) today issued the following statement in response to the Federal Reserve Board's announcement that it would not finalize three pending rulemakings under Regulation Z, which implements the Truth in Lending Act (TILA), prior to the transfer of authority for such rulemakings to the Consumer Financial Protection Bureau (CFPB).

PODCAST: MBA Officials Discuss State of the Industry

WASHINGTON, DC - January 27, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today conducted its annual State of the Real Estate Finance Industry Media Conference Call. The call featured MBA representatives discussing the state of the industry, MBA's legislative and regulatory agenda for 2011 (including Dodd-Frank Act Implementation, GSE/secondary market reform, tax reform and residential loan servicing) and MBA's new three-year macro-economic and mortgage finance/housing forecasts.The speakers included: Michael Berman, Chairman of the Mortgage Bankers Association, John Courson, President and CEO of the Mortgage Bankers Association, Jay Brinkmann, Senior Vice President and Chief Economist, Gail Cardwell, Senior Vice President of Commercial and Multifamily, Bill Killmer, Senior Vice President of Legislative and Political Affairs, and Steve O'Connor, Senior Vice President of Public Policy and Industry Relations.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - January 26, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 21, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 12.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 12.0 percent compared with the previous week. The results do not include an adjustment for the Martin Luther King holiday.

Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - January 19, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 14, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 5.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 6.4 percent compared with the previous week