MBA
Mortgage Credit Availability Increases in April
Mortgage credit availability increased in April 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 Decrease 4.6 Percent in Latest MBA Weekly Survey
The Market Composite Index, a measure of mortgage loan application volume, decreased 4.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 4 percent compared with the previous week. The Refinance Index decreased 8 percent from the previous week to the lowest level since January 2015. The seasonally adjusted Purchase Index increased 1 percent from one week earlier to its highest level since June 2013.
Mortgage Delinquencies and Foreclosures Fall in First Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.54 percent of all loans outstanding at the end of the first quarter of 2015. This was the lowest level since the second quarter of 2007. The delinquency rate decreased 14 basis points from the previous quarter, and 57 basis points from one year ago, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
SWBC Mortgage Takes Action to Help Families with Critically Ill or Injured Children
Today, SWBC Mortgage Corporation, headquartered in San Antonio, Texas, made a sizeable donation to the MBA Opens Doors Foundation in Washington, DC. Opens Doors is a non-profit organization run by the Mortgage Bankers Association (MBA) and dedicated to providing assistance to families with a critically ill or injured child by making their mortgage or rent payment.
Q1 Commercial & Multifamily Mortgage Originations Up 49 Percent Year-Over-Year
According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, first quarter 2015 commercial and multifamily mortgage loan originations were 49 percent higher than during the same period last year. Following the usual seasonal pattern, first quarter 2015 originations saw a 26 percent decrease from the fourth quarter of 2014. The survey results were announced at MBA's Commercial / Multifamily Servicing and Technology Conference, being held May 3rd through 6th at the Sheraton Boston Hotel in Boston, Mass.
MBA Welcomes 11 New Members
Today, the Mortgage Bankers Association (MBA) announced that in March it welcomed 11 new regular members to its ranks, which currently numbers more than 2,200 member companies
MBA Chairman Bill Cosgrove Commends Introduction of SAFE Transitional Licensing Act
Bill Cosgrove, CMB President & CEO Union Home Mortgage Corp. and Chairman of the Mortgage Bankers Association (MBA) issued the following statement in response to the introduction of bipartisan legislation amending the SAFE Mortgage Licensing Act, by Representatives Steve Stivers (R-OH), Terri Sewell (D-AL), Lynn Westmoreland (R-GA), Joyce Beatty (D-OH), Luke Messer (R-IN), and Kyrsten Sinema (D-AZ)
Mortgage Applications Decrease 2.3 Percent in Latest MBA Weekly Survey
Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 24, 2015.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 17, 2015. The Market Composite Index, a measure of mortgage loan application volume, increased 2.3 percent on a seasonally adjusted basis from one week earlier.
Motley Testifies on Access to Mortgage Credit
J. David Motley, President of Colonial Savings, F.A. and a member of the Mortgage Bankers Association's Residential/Single Family Board of Governors, testified today before the U.S. Senate Committee on Banking, Housing, and Urban Affairs at a hearing entitled "Regulatory Burdens to Obtaining Mortgage Credit."Below is Mr. Motley's oral testimony, as prepared for delivery
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 10, 2015.
MBA Hires Bradley Padratzik to be for Director of Member Engagement
David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Bradley S. Padratzik as Director of Member Engagement.
Applications for New Home Purchases Increased in March
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2015 shows mortgage applications for new home purchases increased by 17 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 3, 2015.
Mortgage Bankers’ Commercial/Multifamily Originations Rise to $400 Billion in 2014
Commercial and multifamily mortgage bankers closed $399.8 billion of loans in 2014, according to the Mortgage Bankers Association's (MBA) 2014 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation
Mortgage Credit Availability Increases in March
Mortgage credit availability increased in March 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.
MBA Welcomes 16 New Members
Today, the Mortgage Bankers Association (MBA) announced that in February it welcomed 16 new regular members to its ranks, which currently numbers more than 2,200 member companies.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 4.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 27, 2015. The Market Composite Index, a measure of mortgage loan application volume, increased 4.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 5 percent compared with the previous week. The Refinance Index increased 4 percent from the previous week.
Independent Mortgage Banks’ profits in 4th Quarter 2014 down from previous quarter; up on...
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $744 on each loan they originated in the fourth quarter of 2014, down from a reported gain of $897 per loan in the third quarter of 2014, the Mortgage Bankers Association (MBA) reported today in its Quarterly Mortgage Bankers Performance Report
Stevens Statement on HUD Leadership Changes
David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the transition of Ed Golding to be Principal Deputy Assistant Secretary at the U.S. Department of Housing and Urban Development (HUD)