Mortgage

Mortgage
MBA

Commercial/Multifamily Borrowing Up 1 Percent Year-over-Year

According to the Mortgage Bankers Association's (MBA) Quarterly S8urvey of Commercial/Multifamily Mortgage Bankers Originations, first quarter 2018 commercial and multifamily mortgage loan originations increased one percent compared to the same period last year and, in line with the seasonality of market, first quarter originations were thirty-three percent lower than the fourth quarter of 2017.
MBA

MISMO® Creates New Data Governance and Management Forum

MISMO, the mortgage industry's standards organization, is seeking industry participation in a new forum to promote best practices in the areas of data governance and data management. Those interested in collaborating with MISMO are invited to join MISMO's new Data Governance and Management Community of Practice (CoP)
MBA

Mortgage Delinquencies Down in 1st Quarter of 2018

The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally-adjusted rate of 4.63 percent of all loans outstanding at the end of the first quarter of 2018. The delinquency rate was down 54 basis points from the previous quarter, and was eight basis points lower than one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 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 May 11, 2018. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7 percent on a seasonally adjusted basis from one week earlier.
MBA

MBA Releases Disaster Recovery Guide

The Mortgage Bankers Association (MBA) today released a new consumer-facing information brochure, Disaster Recovery: A Resource for Homeowners, available for use by all MBA members, counseling groups, government agencies, and any other group that offers assistance and advice to homeowners in the aftermath of a natural disaster
MBA

MBA Launches “mPower Moments” a New Video Series Providing Workplace Lessons, Highlighting Real Estate...

The Mortgage Bankers Association's (MBA) mPower, or MBA Promoting Opportunities for Women to Extend their Reach, today launched mPower Moments, a new monthly MBA video series where Marcia M. Davies, MBA's Chief Operating Officer and the founder of mPower, discusses issues important to the mPower community with her guest
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 2.5 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, 2018.
MBA

MBA Opens Doors Celebrates Milestone: More Than 2,000 Families Across America Helped

The Mortgage Bankers Association's Opens Doors Foundation (MBA Opens Doors) today announced that it surpassed a milestone, having provided mortgage or rental payment assistance grants to more than 2,000 families across the country. The grants are made to families with critically ill or injured children, allowing parents and guardians to be by a child's side during treatment, without fear of jeopardizing their home
MBA

Mortgage Applications Slightly Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 0.2 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, 2018.

CRL to Showcase New Mortgage Research at Symposium Honoring Fair Housing Act

On Wednesday, May 2, at approximately 8:45 a.m. ET, the Center for Responsible Lending (CRL), NAACP, National Fair Housing Alliance, National Coalition for Asian Pacific American Community Development, The Leadership Conference on Civil and Human Rights, National Urban League, and other national civil rights organizations will convene in Washington, D.C., to host a symposium honoring the 50th year of the Fair Housing Act
MBA

MBA Education Announces First-of-its-Kind Compliance Certificate

The Mortgage Bankers Association (MBA) announced today it would begin to offer Level I of the new Certified Mortgage Compliance Professional (CMCP) designation, the only certification and designation program geared exclusively towards compliance professionals in the mortgage finance industry. Individuals achieving this designation will be recognized for their commitment to compliance with federal and state regulations
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 4.9 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, 2018.
MBA

MBA Applauds Introduction of Bipartisan GUIDE Compliance Act

The Mortgage Bankers Association (MBA) today applauded the introduction of bipartisan legislation to regularize the provision of guidance and compliance information by the Consumer Financial Protection Bureau (CFPB).
MBA

Production Volume and Profits Down in 2017 for Independent Mortgage Bankers

Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $711 on each loan they originated in 2017, down from $1,346 per loan in 2016, the Mortgage Bankers Association (MBA) reported today in its Annual Mortgage Bankers Performance Report
MBA

March New Home Purchase Mortgage Applications Decreased 2.6 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2018 shows mortgage applications for new home purchases decreased 2.6 percent compared to March 2017. Compared to February 2018, applications increased by 14 percent. This change does not include any adjustment for typical seasonal patterns.

Business Real Estate Press Releases

Multi-Tenant Retail Property

Hanley Investment Group Arranges Sale of Newly Constructed Multi-Tenant Retail Property...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a 6,777-square-foot new construction multi-tenant retail pad building occupied by The Coffee Bean & Tea Leaf (with drive-thru), Chipotle, Jersey Mike’s Subs and WaBa Grill at 13916 Garvey Avenue in Baldwin Park, Calif.

Recent Gov & Nonprofit Real Estate Press Releases

Financial Services Committee

An Overview of Homelessness in America

The Housing and Insurance Subcommittee met today to examine the current state of homelessness in America, and to discuss issues regarding veteran, youth, and any other populations affected by homelessness