Realtors® Urge Permanent Mortgage Forgiveness Debt Exclusion

The exclusion for forgiven home mortgage debt following a foreclosure, short sale or loan modification should be made permanent to provide relief to troubled borrowers and minimize the damage to families, neighborhoods and communities

MBA Applauds Passage of S. 2155

David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), released the following statement applauding Senate Banking Chairman Crapo (R-ID) and the bi-partisan coalition of senators that worked to ensure passage of S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act.
Ginnie Mae

The MPF® Program and Ginnie Mae Announce $1 Billion in MBS Issued

The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home Loan Bank of Chicago and the Government National Mortgage Association (Ginnie Mae) to issue securities guaranteed by Ginnie Mae and backed by mortgages originated by FHLB member financial institutions.

Purchase Apps Up, Refis Down in Latest MBA Weekly Survey

Mortgage applications increased 0.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 9, 2018.

MBA, NAMMBA Announce Partnership to Promote Diversity and Inclusion Efforts

The Mortgage Bankers Association (MBA) and the National Association of Minority Mortgage Bankers of America (NAMMBA) announced today that the two associations will form a formal strategic partnership to advance each other's diversity and inclusion efforts

February New Home Purchase Mortgage Applications Increased 4.6 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for February 2018 shows mortgage applications for new home purchases increased 4.6 percent compared to February 2017. Compared to January 2018, applications increased by 3 percent. This change does not include any adjustment for typical seasonal patterns.

Mortgage Credit Availability Decreases in February

Mortgage credit availability decreased in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.

Mortgage Applications Slightly Increase in Latest MBA Weekly Survey

Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 2, 2018. The previous week's results included an adjustment for the Washington's Birthday (Presidents' Day) holiday.

Fourth Quarter Commercial/Multifamily Delinquencies Remain Low, Bank Delinquencies Lowest on Record

Delinquency rates for commercial and multifamily mortgage loans were relatively flat in the fourth quarter of 2017, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report. "Commercial and multifamily mortgages ended 2017 continuing to perform extraordinarily well," said Jamie Woodwell, MBA's Vice President of Commercial Real Estate Research.

Deloitte & Touche Agrees to Pay $149.5 Million to Settle Claims Arising From Its...

The Justice Department announced today that Deloitte & Touche LLP has agreed to pay the United States $149.5 million to resolve potential False Claims Act liability arising from Deloitte’s role as the independent outside auditor of Taylor, Bean & Whitaker Mortgage Corp. (TBW), a failed originator of mortgage loans insured by the Federal Housing Administration (FHA) in the Department of Housing and Urban Development (HUD).

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 23, 2018. This week's results include an adjustment for the Washington's Birthday (Presidents' Day) holiday.

Homeownership Collaborative Creates Opportunities, Releases First Report

The Homeownership Collaborative, a coalition of real estate trade associations and nonprofit housing counseling providers, today released its first report on steps that can be taken to increase the utilization of homeownership education and housing counseling services available nationwide. Lenders, real estate agents, and housing counselors sat down together in four cities to increase homeownership opportunities in their markets.

MBA Welcomes 33 New Members in December and January

The Mortgage Bankers Association (MBA) announced that in December 2017 and January 2018 it welcomed 33 new regular members to its ranks, which currently numbers more than 2,300 member companies. MBA welcomes the following new members

Deborah Dubois Appointed President of MBA Opens Doors Foundation

The Mortgage Bankers Association (MBA) today announced that Deborah Dubois has been hired as President of the MBA Opens Doors Foundation (MBA Opens Doors). MBA Opens Doors provides rental and mortgage payment assistance to families with critically ill children, allowing parents and guardians to be by a child's side during treatment, without fear of jeopardizing their home.

MBA Statement on Flawed Reveal News Analysis on Mortgage Lending

The Mortgage Bankers Association (MBA) today released the following statement on the flawed Reveal News analysis on mortgage lending: "There is no place in our society for discriminatory lending practices and MBA and its members continue to support policies that ensure fair and equal access to mortgage credit regardless of race or ethnicity.

Business Real Estate Press Releases

Boot Barn Jackson TN

The Boulder Group Arranges Sale of Net Lease Boot Barn

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Boot Barn property located at 1775 Vann Drive in Jackson, Tennessee for $2,000,000.

Recent Gov & Nonprofit Real Estate Press Releases

APP waterfront

City of Alameda Transfers Site A Land to Alameda Point Partners

Thirty acres of the 68-acre Site A parcel at Alameda Point was transferred from the City of Alameda to Alameda Point Partners(APP), the City’s private partner. Alameda Point Partners is a joint venture between Trammell Crow Residential, a division of Dallas-based Crow Holdings, srmERNST Development Partners, Madison Marquette, Eden Housing, and financial partner Cypress Equity Investments.