MBA
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - January 09, 2012 - (RealEstateRama) -- Mortgage applications increased 11.7 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, 2013. The results include an adjustment to account for the New Year’s Day holiday
Mortgage Applications Decrease in Final Two Weeks of the Year
WASHINGTON, D.C. - January 03, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Application Survey for the two weeks ending December 21, 2012 and December 28, 2012.
CONSTRUCTION SPENDING SLIPS IN NOVEMBER BUT RISES FROM YEAR-AGO LEVEL; ASSOCIATION OFFICIALS PREDICT MORE...
WASHINGTON, D.C. - January 02, 2012 - (RealEstateRama) -- Construction spending dipped from October to November, but resolution of the uncertainty regarding federal taxes for 2013 should unleash more private construction investment, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials warned, however, that unresolved issues about federal construction spending, including storm relief for northeastern states, will hold down public construction spending.
MBA Convenes Task Force on the Future of the GSEs in the Single Family...
WASHINGTON, D.C. - December 19, 2012 - (RealEstateRama) -- Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA) today announced that the Association has assembled a task force of MBA members to revisit MBA’s groundbreaking 2009 proposal for the future of the secondary mortgage market and the Government Sponsored Enterprises (Fannie Mae and Freddie Mac, or “the GSEs”). MBA’s GSE Single Family Task Force will be led by Tim Dale, Executive Vice President - Mortgage Lending at BB&T and a former chairman of MBA’s Residential Board of Governors (RESBOG).
Refinance Applications Fall to Lowest Level in Over a Month in Latest MBA Weekly...
WASHINGTON, D.C. - December 19, 2012 - (RealEstateRama) -- Mortgage applications decreased 12.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 14, 2012.
MBA: Third Quarter Independent Mortgage Banker Profits Increase
WASHINGTON, DC - December 13, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $2,465 on each loan they originated in the third quarter of 2012, up from $2,152 per loan in the second quarter, the Mortgage Bankers Association (MBA) reported today.
Mortgage Rates Drop to New Lows in Latest MBA Weekly Survey
WASHINGTON, D.C. - December 12, 2012 - (RealEstateRama) -- Mortgage applications increased 6.2 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, 2012.
Commercial and Multifamily Mortgage Debt Outstanding Increases for Fourth Straight Quarter
WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding increased by $6.6 billion, or 0.3 percent, in the third quarter of 2012, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA).
Commercial and Multifamily Mortgage Debt Outstanding Increases for Fourth Straight Quarter
WASHINGTON, DC - December 11, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding increased by $6.6 billion, or 0.3 percent, in the third quarter of 2012, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA).
Commercial/Multifamily Mortgage Delinquency Rates Down in Third Quarter
WASHINGTON, D.C. - December 6, 2012 - (RealEstateRama) -- Delinquency rates decreased for commercial and multifamily mortgage loans in the third quarter, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - December 5, 2012 - (RealEstateRama) -- Mortgage applications increased 4.5 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, 2012. Last week’s results included an adjustment for the Thanksgiving holiday.
MBA White Paper Examines Future Role of the GSEs in Multifamily Housing Finance
Washington, DC - December 5, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) released a white paper today that underscores the importance of multifamily rental housing and examines the role of the Government Sponsored Enterprises (Fannie Mae and Freddie Mac, or “the GSEs”) in multifamily housing finance going forward. The white paper and its recommendations were developed by MBA’s GSE Multifamily Task Force, a group of industry experts from MBA’s broad commercial/multifamily finance membership convened to focus on the future role of the GSEs in the multifamily housing market, which serves more than 15 million (one in seven) American households. The white paper addresses key questions about the future of the GSEs’ multifamily businesses raised by the Federal Housing Finance Agency’s February 2012 strategic plan.
MBA’s Stevens Asks Congress to Reconsider Increasing Fannie/Freddie Guarantee Fees
WASHINGTON, D.C. - November 30, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement today regarding H.R. 6429, a bill that would increase costs for future homebuyers by raising the guarantee fees charged on single family mortgages by Fannie Mae and Freddie Mac in order to pay for certain immigration reforms.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - November 28, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 23, 2012. This week’s results include an adjustment for the Thanksgiving holiday.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - November 21, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 16, 2012. This week’s results include an adjustment to account for the Veteran’s Day holiday.
MBA Chairman Debra Still Reacts to FHA Actuarial Report
WASHINGTON, D.C. - November 16, 2012 - (RealEstateRama) -- Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), issued the following statement today reacting to the release of the Federal Housing Administration’s (FHA) actuarial report on the Mutual Mortgage Insurance (MMI) Fund for single family programs (which differs from the GI/SRI fund that supports FHA’s multifamily programs).
Mortgage Delinquency and Foreclosure Rates Decreased
WASHINGTON, D.C. - November 15, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 7.40 percent of all loans outstanding as of the end of the third quarter of 2012, a decrease of 18 basis points from the second quarter of 2012, and a decrease of 59 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate increased 29 basis points to 7.64 percent this quarter from 7.35 percent last quarter. Delinquency rates typically increase between the second and third quarters of the year.
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - November 14, 2012 - (RealEstateRama) -- Mortgage applications increased 12.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 9, 2012.
Third Quarter Commercial/Multifamily Mortgage Originations Down 7 Percent from Q3 2011
Washington, DC - November 13, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage origination volumes during the third quarter of 2012 were seven percent lower than during the third quarter 2011, 17 percent lower than during the second quarter of 2012 and up 15 percent year-to-date from last year’s year-to-date levels, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Statement of David Stevens on Basel III Announcement
Washington, DC - November 9, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) today issued the following statement in reaction to the announcement by federal financial regulators that they do not expect new proposed capital requirement under Basel III to go into effect by January 1, 2013.