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The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.

Contact:

Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005

Phone: (202) 557-2700

MBA Statement on CFPB Announcement on Servicing Standards

WASHINGTON, D.C. - April 10, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement after the announcement by the Consumer Financial Protection Bureau (CFPB) that it intends to propose rules for residential mortgage servicers this summer.

MBA: Fourth Quarter Mortgage Banker Production Profits Decline Despite Higher Origination Volumes

WASHINGTON, DC - April 5, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,093 on each loan they originated in the fourth quarter of 2011, down from $1,263 per loan in the third quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Fourth Quarter 2011 Mortgage Bankers Performance Report released today.

Wells Fargo Top Commercial/Multifamily Mortgage Originator in 2011

Washington, DC - April 4, 2012 - (RealEstateRama) -- Wells Fargo was the top commercial/multifamily mortgage originator in 2011, according to a set of listings released today by the Mortgage Bankers Association (MBA). Other originators in the top 10 include HFF, L.P.; Meridian Capital Group, LLC.; CBRE Capital Markets, Inc.; PNC Real Estate; MetLife Real Estate Investments; Deutsche Bank Commercial Real Estate; Prudential Mortgage Capital Company; Northmarq Capital LLC; and JP Morgan (CMBS).

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 4, 2012 - (RealEstateRama) -- Mortgage applications increased 4.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 30, 2012.

Refinance Applications Drop for Sixth Consecutive Week

WASHINGTON, D.C. - March 28, 2012 - (RealEstateRama) -- 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 ending March 23, 2012.

CampusMBA Announces New Continuing Education Requirement for Certified Mortgage Banker (CMB) Designation

WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced a new Continuing Education (CE) requirement for all Commercial, Residential and Master Certified Mortgage Banker (CMB) designates. Beginning June 1, 2012, all CMB designates will now be required to complete ongoing continuing education to maintain their respective designation.

MBA Selects 35 Real Estate Finance Professionals for Future Leaders Program Class of 2012

Washington, D.C. - March 26, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the selection of 36 mortgage professionals into its CampusMBA’s Future Leaders Program, an executive leadership development program that delivers a comprehensive curriculum for middle- and senior-level managers. Participants enhance their skills through three hands-on sessions geared toward political engagement; business analysis and problem solving; and experiential learning through collaboration, networking and peer group interaction

CampusMBA Teams with The Lincoln Leadership Institute at Gettysburg (LLI) to Offer Unique Leadership...

WASHINGTON, D.C. - March 23, 2012 - (RealEstateRama) -- CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), today announced it is teaming up with The Lincoln Leadership Institute at Gettysburg (LLI) to offer a unique and innovative team and leadership development program, A Transformational Journey from Gettysburg, a comprehensive on-site training program which uses the Battle of Gettysburg as a metaphor to address current real estate finance industry challenges.

Interest Rates Highest Since December, Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Mortgage applications decreased 7.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 16, 2012.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 14, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 9, 2012.

Commercial/Multifamily Mortgage Debt Outstanding Flat in 4th Quarter; Down 0.6 percent in 2011

Washington, DC - March 14, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the fourth quarter of 2011, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA). On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2011 was $14 billion lower than at the end of 2010, a decline of 0.6 percent.

CampusMBA Accepting Applications for Path to Diversity Scholarships

WASHINGTON, DC - March 8, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced that it is accepting applications for its Path to Diversity Scholarship Program, which enables industry professionals from diverse backgrounds to advance their professional growth and career development through industry education.

Commercial/Multifamily Mortgage Delinquencies Down; Best Performing Bank Loans During Recession

WASHINGTON, D.C. - March 7, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage delinquency rates declined during the fourth quarter of 2011, and an analysis of data from the Federal Deposit Insurance Corporation (FDIC) shows that commercial and multifamily mortgages have fared better through the credit crunch and recession than any other major type of loan held by banks and thrifts, according to two reports released today by the Mortgage Bankers Association (MBA).

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 7, 2012 - (RealEstateRama) -- Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 2, 2012.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - February 29, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 24, 2012. This week’s results are adjusted for the Presidents Day holiday.

CampusMBA Launches Specialized Courses on Emerging Servicing Standards for Industry Professionals

WASHINGTON, D.C. - February 23, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced that it has developed two comprehensive, instructor-led online courses to provide training for industry professionals in order to comply with emerging servicing standards. CampusMBA's creation of the specialized courses comes as the residential mortgage servicing sector has been operating in a time of unprecedented challenges.

Pulte Mortgage’s Debra W. Still Delivers Remarks at MBA’s National Mortgage Servicing Conference

Orlando, FL - February 23, 2012 - (RealEstateRama) -- "Good morning everyone and welcome. As President and CEO of Pulte Mortgage, Chairman-Elect of the Mortgage Bankers Association and Chair of the MBA's Council on the Future of Residential Servicing for the 21st Century, it is a pleasure to be here with all of you and to launch MBA's National Mortgage Servicing Conference & Expo.

CampusMBA Launches Specialized Courses on Emerging Servicing Standards for Industry Professionals

WASHINGTON, D.C. - February 23, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced that it has developed two comprehensive, instructor-led online courses to provide training for industry professionals in order to comply with emerging servicing standards. CampusMBA's creation of the specialized courses comes as the residential mortgage servicing sector has been operating in a time of unprecedented challenges.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - February 22, 2012 - (RealEstateRama) -- Mortgage applications decreased 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 February 17, 2012.

Delinquencies and Foreclosures Decline in Latest MBA Mortgage Delinquency Survey

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 7.58 percent of all loans outstanding as of the end of the fourth quarter of 2011, a decrease of 41 basis points from the third quarter of 2011, and a decrease of 67 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased five basis points to 8.15 percent this quarter from 8.20 percent last quarter.