MISMO, the mortgage industry's standards organization, is seeking industry participants to collaborate on developing a standardized loan dataset that will correspond with the new Uniform Residential Loan
The Mortgage Bankers Association (MBA) today announced at its 2019 Commercial Real Estate Finance/Multifamily Housing Convention & Expo that PNC Bank has been awarded
The Mortgage Bankers Association (MBA) released its year-end ranking of commercial and multifamily mortgage servicers' volumes (as of December 31, 2018) here today at the 2019
The Mortgage Bankers Association (MBA) announced today that Tallman Johnson has joined MBA as Associate Vice President of Legislative Affairs. In this role, he will be responsible for advocating
Mortgage credit availability increased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA)
Justice Department Obtains $750,000 From PHH Mortgage Corp. for Unlawfully Foreclosing on Servicemembers’ Homes
The Justice Department today announced that PHH Mortgage Corporation (PHH) has agreed to pay $750,000 to six servicemembers to resolve allegations that it violated
In 2018, the Midwest saw rapid home buying, making it the hottest region in the US. Fort Wayne, Indiana; Columbus, Ohio; and Detroit, Michigan all surpassed California in property cost increases and the amount of time it took to sell a home!
Mortgage applications decreased 2.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey
Mortgage applications decreased 3.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending
MBA Publishes Primer on Evolving Issues for LIBOR Transition Affecting Commercial Real Estate Finance
The Mortgage Bankers Association (MBA) today released a primer designed to provide members and the commercial real estate finance industry with an introduction to potential transition
The MBA Opens Doors Foundation (Opens Doors) today announced it received more than $1.13 million in donations in 2018 from members and member companies of the Mortgage Bankers Association's (MBA)
Sarah Herring grew up in her family’s home near the bay in Port St. Joe, was married in the backyard and now owns the property mortgage-free. Hurricane Michael’s winds tore off the roof
Mayor Bowser and DC Housing Finance Agency Announce New Mortgage Assistance Program for Furloughed...
As the partial federal government shutdown extends into its second month, Mayor Bowser and the DC Housing Finance Agency (DCHFA) have announced a new program to provide mortgage
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
Tomorrow, the partial government shutdown over funding of a wall along the U.S.-Mexico border will become the longest shutdown in U.S. history— causing financial hardship for many of the roughly 800,000 federal employees who have been furloughed or working without pay since December 21, 2018
U.S. Treasury Secretary Steven T. Mnuchin issued the statement below commending the efforts of mortgage lenders, mortgage servicers, and other financial institutions that are working to assist those who may face financial hardships resulting from the federal government shutdown.
The Mortgage Bankers Association (MBA) has announced that Eduardo "Eddy" Perez, CMB, President of Equity Prime Mortgage, LLC, has been appointed chairman of the Mortgage Bankers Association Political Action Committee (MORPAC) for the 2019-2020 election cycle.
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.
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
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