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MBA Sends Letter to Geithner, Donovan and DeMarco on Proposed Changes to Servicing Fee Structure

WASHINGTON, D.C. – April 7, 2011 – (RealEstateRama) — On Tuesday, April 5, 2011, the Mortgage Bankers Association (MBA) sent the attached letter to Treasury Secretary Timothy Geithner, HUD Secretary Shaun Donovan and Federal Housing Finance Agency (FHFA) Director Edward DeMarco expressing MBA’s strong reservations about the stated timetable to revamp the fee structure for residential mortgage loan servicing.

Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. – April 6, 2011 – (RealEstateRama) — Mortgage applications decreased 2.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 1, 2011.

MBA Promotes Jim Gross to Vice President of Financial Accounting and Public Policy

WASHINGTON, D.C. – April 5, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today announced the promotion of Jim Gross to Vice President of Financial Accounting and Public Policy. In this capacity, he will advise Steve O’Connor, MBA’s Senior Vice President of Public Policy and Industry Relations on emerging industry policy issues and assist in setting strategic priorities.

MBA Releases 2010 Commercial/Multifamily Originations Rankings

Washington, DC – April 5, 2011 – (RealEstateRama) — Wells Fargo Bank was the top commercial/multifamily mortgage originator in 2010, 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.; Prudential Mortgage Capital Company; MetLife Real Estate Investments; Deutsche Bank Commercial Real Estate; PNC Real Estate; Northmarq Capital, LLC; and Berkadia Commercial Mortgage LLC

MBA Presents Burton C. Wood Legislative Service Award to Union National Mortgage Company CEO Bill Cosgrove, CMB

Washington, D.C. – April 1, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) has presented its annual Burton C. Wood Legislative Service Award to Bill Cosgrove, President and CEO of Union National Mortgage Company, at its 2011 National Policy Conference.

MBA Releases 4th Quarter 2010 Commercial Real Estate/Multifamily Finance Quarterly Data Book

WASHINGTON, D.C. – March 31, 2011 – (RealEstateRama) — Member of the Media: The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the fourth quarter of 2010. The Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance industry participants and observers.

MBA Hires Thomas Kim to be Vice President of Commercial Regulatory Policy

WASHINGTON, D.C. – March 31, 2011 – (RealEstateRama) — John A. Courson, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Thomas T. Kim as Vice President of Commercial Regulatory Policy.

Weekly Application Survey

WASHINGTON, D.C. – March 30, 2011 – (RealEstateRama) — Mortgage applications decreased 7.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 25, 2011.

MBA Reacts to Risk Retention Proposal

WASHINGTON, D.C. – March 30, 2011 – (RealEstateRama) — John A. Courson, President and CEO of the Mortgage Bankers Association (MBA), issued the below statement following today’s release of the risk retention proposed rule.

MBA’s Berman Testifies on Housing Finance Reform

WASHINGTON, D.C. – March 29, 2011 – (RealEstateRama) — Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, testified today before the Senate Banking Committee at hearing titled, “Public Proposals for the Housing Finance System.”

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. – March 23, 2011 – (RealEstateRama) — Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 18, 2011.

MBA’s National Policy Conference General Session to Feature HUD Secretary Donovan, Senator Menendez and Representative Garrett

WASHINGTON, D.C. – March 23, 2011 – (RealEstateRama)
WHAT:The Mortgage Bankers Association (MBA) 2011 National Policy ConferenceOn March 30-31, 2011 the real estate finance industry will convene in Washington, D.C. to educate the Administration and the Congress on issues that matter most to our industry. MBA’s National Policy Conference 2011 gives attendees the opportunity to speak directly to lawmakers about what they do in their community, as well as the practical effect proposed changes may have on their business and the industry

Commercial/Multifamily Mortgage Debt Outstanding Fell by $67 billion, 2.7 Percent in 2010, Driven by CMBS Declines

Washington, DC – March 17, 2011 – (RealEstateRama) — The level of commercial/multifamily mortgage debt outstanding decreased by 0.5 percent in the fourth quarter of 2010, to $2.4 trillion, according to the Mortgage Bankers Association (MBA) analysis of the Federal Reserve Board Flow of Funds data. On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2010 was $67 billion lower than at the end of 2009, a decline of 2.7 percent.

Mortgage Purchase Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. – March 16, 2011 – (RealEstateRama) — Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 11, 2011

MBA Announces Courson to Leave, David H. Stevens to Join MBA in Early May

WASHINGTON, D.C. – March 16, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today announced that John A. Courson, the association’s President and CEO, will be leaving the association, effective June 1, 2011. Courson will be replaced by David H. Stevens, Assistant Secretary for Housing and Commissioner of the Federal Housing Administration at the U.S. Department of Housing and Urban Development in May. Stevens had announced earlier that he would be resigning from his position at HUD. He will leave HUD on March 31, 2011.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. – March 9, 2011 – (RealEstateRama) — Mortgage applications increased 15.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 4, 2011.

Register Today for MBA’s 2011 National Fraud Issues Conference

WASHINGTON, D.C. – March 8, 2011 – (RealEstateRama) — Efforts to combat mortgage fraud against lenders have proliferated into a number of initiatives including state and federal legislation criminalizing mortgage fraud and increased synergy between law enforcement and lenders. Hear from industry experts as they review the current status of the industry, law enforcement and government’s efforts in combating mortgage fraud.

MBA: Commercial and Multifamily Mortgage Delinquency Rates Remain Low for Life Companies, Fannie and Freddie; Fall for Banks/Thrifts; Rise Slightly for CMBS in Fourth Quarter

WASHINGTON, D.C. – March 3, 2011 – (RealEstateRama) — During the fourth quarter of 2010, commercial and multifamily mortgage delinquency rates remained low for life insurance companies, Fannie Mae and Freddie Mac; fell for banks and thrifts for the first time since the 2006 and rose slightly for loans held in commercial mortgage backed securities (CMBS), according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. – March 2, 2011 – (RealEstateRama) — Mortgage applications decreased 6.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 25, 2011. The results do not include an adjustment for the Presidents’ Day holiday

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. – February 23, 2011 – (RealEstateRama) — Mortgage applications increased 13.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 18, 2011

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