MBA
Volume of Commercial/Multifamily Mortgages Maturing Grows Fifty-One Percent Year-over-Year
Eleven percent or $183.3 billion of $1.7 trillion of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2016, a 51 percent increase from the $121.0 billion that matured in 2015, according to today's release of the Mortgage Bankers Association's 2015 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes. Maturities will grow to $208 billion in 2017
Commercial/Multifamily Originations End the Year Strong
Commercial and multifamily mortgage originations increased 35 percent between the third and the fourth quarters of 2015, and were up 19 percent compared to the fourth quarter of 2014, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. MBA's commercial/multifamily mortgage bankers' originations index provides a preliminary estimate that originations for the full year 2015 were 24 percent higher than in 2014.
Stevens’ Statement on FHA MIP Reduction for Multifamily Mortgages
Housing and Urban Development (HUD) Secretary Julian Castro today announced that Mortgage Insurance Premiums (MIPs) will be reduced for FHA loans on multifamily affordable and energy efficient properties. David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA) offered the following statement
Mortgage Applications Increase as Rates Continue to Drop in Latest MBA Weekly Survey
Mortgage applications increased 8.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 22, 2016. This week's results include an adjustment to account for the Martin Luther King holiday
Applications for New Home Purchases Decreased in December
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2015 shows mortgage applications for new home purchases decreased by 5 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.
Refinance Mortgage Applications Increase as Rates Fall in Latest MBA Weekly Survey
Mortgage applications increased 9.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 15, 2016.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 21.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 8, 2016. The previous week's results included an adjustment for the New Year's holiday.
Standard Mortgage’s Steven Bradshaw Testifies on Flood Insurance
Steven Bradshaw, Executive Vice President of Standard Mortgage Corporation, on behalf of the Mortgage Bankers Association (MBA), testified today before the House Financial Services Subcommittee on Housing and Insurance at a hearing titled, "How to Create a More Robust and Private Flood Insurance Marketplace."
MBA’s Stevens’ Statement on FHLBank Membership Rule
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement in response to the Federal Housing Finance Agency's (FHFA) FHLBank Membership Rule released today:
MBA Welcomes 25 New Members
The Mortgage Bankers Association (MBA) announced that in November and December of 2015 it welcomed 25 new regular members to its ranks, which currently numbers more than 2,200 member companies
New MBA Survey: Commercial and Multifamily Lenders Expect Strong 2016
Commercial and multifamily mortgage lending is expected to increase in 2016, as lenders' and borrowers' appetites for new loans remain strong, according to a new Mortgage Bankers Association survey of the top commercial and multifamily mortgage origination firms.
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) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
Mortgage Applications Decreased Over Two Week Period in Latest MBA Weekly Survey
A coalition of consumer groups are calling on Acting Illinois Insurance Director Anne Melissa Dowling to reverse her “do-nothing” position and start protecting Illinois consumers from the unfair use of certain information unrelated to insurance risk – such as personal consumer shopping data – to set auto and homeowners insurance prices.
Refinance, Purchase Applications Both Up in Latest MBA Weekly Survey
Mortgage applications increased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 18, 2015.
MBA Statement Regarding Passage of Year-End Spending Bill Which Includes the Jumpstart GSE Reform...
Bill Emerson, Chairman of the Mortgage Bankers Association (MBA) and CEO of Quicken Loans, issued the following statement regarding the inclusion of the Jumpstart GSE reform provision within the year-end spending bill, which would prevent the administration from selling off its stake in Fannie Mae and Freddie Mac (the GSEs) without congressional approval.
MBA Announces Promotion of Tamara King to Vice President of Residential Policy and Member...
The Mortgage Bankers Association (MBA) announced the promotion of Tamara King to the position of Vice President of Residential Policy and Member Engagement, effective January 1, 2016.
MBA Chief Economist: Home Purchase Market Strong in 2016
Mike Fratantoni, MBA's Chief Economist and Senior Vice President for Research and Industry Technology, offered the following statement in response to the Federal Reserve Federal Open Market Committee (FOMC) announcement that it would begin to increase interest rates
MBA Releases White Paper on Affordable Rental Housing and Need for Holistic Policy Solutions
The Mortgage Bankers Association (MBA) today released a white paper outlining the importance of - and recommendations to expand - affordable rental housing. MBA convened a Task Force of leaders in the commercial/multifamily finance industry to study the range of issues that surround affordable rental housing and recommend steps to enhance its availability.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 11, 2015.
Commercial/Multifamily Mortgage Debt Continues Rise Led By Commercial Banks in Third Quarter
The level of commercial/multifamily mortgage debt outstanding increased by $38 billion in the third quarter of 2015, as three of the four major investor groups increased their holdings. That is a 1.4 percent increase over the second quarter of 2015.