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MBA

Alden Knowlton Promoted to Associate Vice President of Political Affairs

Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), today announced that Alden Knowlton has earned the promotion to Associate Vice President for Political Affairs within the association's Legislative and Political Affairs team, effective immediately.
MBA

December New Home Purchase Mortgage Applications Decreased 6.1 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2018 shows mortgage applications for new home purchases decreased 6.1 percent from a year ago. Compared to November 2018, applications decreased by 13 percent. This change does not include any adjustment for typical seasonal patterns

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.
US Housing Market in 2019

Experts Lay Out Their Predictions for the US Housing Market in 2019

Last year, many observers expressed their concerns about the new tax laws and what effect they could have on the housing market. However, the limitations placed on property tax and mortgage interest deductions did not have the dampening effect they expected. As a matter of fact, rising home prices and rising mortgage rates did more to slow down the market
MBA

Bill Packer of American Financial Resources Named New MBA Chair of RESTECH

The Mortgage Bankers Association (MBA) today announced that Bill Packer, Executive Vice President and Chief Operating Officer at American Financial Resources, Inc. (AFR), is the new chairman of its Residential Technology Forum (RESTECH).
MBA

2019 CREF Outlook Survey: Majority of Firms Expect Originations to Increase

Commercial and multifamily mortgage originators expect 2019 to be another strong year in lending activity, according to the Mortgage Bankers Association's (MBA) 2019 Commercial Real Estate Finance (CREF) Outlook Survey.
MBA

Mortgage Credit Availability Decreased in December

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

Mortgage Applications Rebound in Latest MBA Weekly Survey

Mortgage applications increased 23.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 4, 2019. This week's results include an adjustment for the New Year's Day holiday.
MBA

MBA Releases Third Quarter 2018 Commercial/Multifamily DataBook

The Mortgage Bankers Association has released its third quarter of 2018 Commercial/Multifamily DataBook. Members of the media may download the DataBook directly here. The general public may download the report for free here.
MBA

Broeksmit Comments on Announcement that Joseph Otting will be Named Acting Director of FHFA

Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), on the announcement that President Donald J. Trump will name Comptroller of the Currency Joseph Otting as Acting Director of the Federal Housing Finance Agency beginning Jan. 6 after the end of Director Mel Watt's term

Life for Veterans Improved by VA Loans

Life can be difficult for veterans once they leave the services. They have to deal with adjusting to civilian life. They are also faced with having to find new employment and with having to find a place to live. All of these pressures can put a lot of stress on someone who has just become a veteran. This is stress that can continue as civilian life goes on.
MBA

Broeksmit Testifies on Housing Finance Reform

Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA) testified today before the House Financial Services Committee at a hearing titled, "A Legislative Proposal to Provide for a Sustainable Housing Finance System: The Bipartisan Housing Finance Reform Act of 2018."
MBA

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 5.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 14, 2018.

The Ultimate Guide to Buying a House with Student Loans

In 2016, the National Association of Realtors conducted a survey and found out that at least 71 percent of those interviewed believe that student loans are their most significant obstacle to buying a home.
MBA

November New Home Purchase Mortgage Applications Decrease 11 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2018 shows mortgage applications for new home purchases decreased 11 percent from a year ago. Compared to October 2018, applications declined by 14 percent. This change does not include any adjustment for typical seasonal patterns
MBA

Commercial/Multifamily Mortgage Debt Climbs to New High in the Third Quarter

The level of commercial/multifamily mortgage debt outstanding rose by $45.4 billion (1.4 percent) in the third quarter of 2018 to an all-time high, according to the Mortgage Bankers Association (MBA).
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications rose 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 7, 2018.
MBA

Comment of Bob Broeksmit on Nomination of Mark Calabria to be Director of the...

Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA) on the announcement that President Donald J. Trump intends to nominate Mark Calabria to be Director of the Federal Housing Finance Agency.
MBA

Mortgage Applications Rise in Latest MBA Weekly Survey

Mortgage applications increased 2.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 30, 2018. The results for the week ending November 23, 2018, included an adjustment for the Thanksgiving holiday.
MBA

IMB Profits Lag in the Third Quarter

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $480 on each loan they originated in the third quarter of 2018, down from a reported gain of $580 per loan in the second quarter of 2018, according to the Mortgage Bankers Association's (MBA) newly released Quarterly Mortgage Bankers Performance Report.

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases

How Jerome Karam, Friendswood Attorney, and Altitude Trampoline Park Are Helping...

Jerome Karam is a familiar figure in the Friendswood area. He has his own legal firm and has experienced plenty of success representing 1000’s of clients in a span of 10 years. In addition to his work as an attorney, Karam is also one of the most relevant real estate developers in the Southwestern Louisiana and Texas areas.