Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. – July 6, 2011 – (RealEstateRama) — Mortgage applications decreased 5.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 1, 2011
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. – June 29, 2011 – (RealEstateRama) — Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 24, 2011.
MBA Study Shows First Quarter 2011 Mortgage Banker Production Profits Slide as Volume Drops
WASHINGTON, DC – June 22, 2011 – (RealEstateRama) — Independent mortgage banks and subsidiaries made an average profit of $346 on each loan they originated in the first quarter of 2011, down from $1,082 per loan in the fourth quarter of 2010, according to the Mortgage Bankers Association’s (MBA) First Quarter 2011 Mortgage Bankers Performance Report released today.
MISMO® Appoints Minton to Board of Directors
Washington, DC – June 22, 2011 – (RealEstateRama) — MISMO, the not-for-profit data standards subsidiary of the Mortgage Bankers Association (MBA), which develops data transfer protocols that span the entire residential and commercial real estate finance industry, today announced the appointment of Gabe Minton, Senior Vice President of Information Services at ServiceLink, to its Board of Directors
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. – June 22, 2011 – (RealEstateRama) — Mortgage applications decreased 5.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 17, 2011.
Commercial/Multifamily Mortgage Debt Outstanding Flat in Q1; Five of Seven Top Investor Groups Increase Holdings, Bank and Finance Company Holdings Decline
Washington, DC – June 17, 2011 – (RealEstateRama) — The level of commercial/multifamily mortgage debt outstanding remained essentially unchanged at $2.4 trillion in the first quarter of 2011, decreasing by 0.1 percent from fourth quarter 2010, according to the Mortgage Bankers Association’s (MBA) analysis of the Federal Reserve Board Flow of Funds data.
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. – June 15, 2011 – (RealEstateRama) — Mortgage applications increased 13.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 10, 2011.
MBA Announces Nomination of E. J. Burke as 2012 Vice Chair-Elect
WASHINGTON, D.C. – June 14, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today announced the nomination of E. J. Burke, Executive Vice President and Group Head of KeyBank Real Estate Capital and Corporate Banking Services, to be its Vice Chair-Elect. Mr. Burke will be elected by MBA members at the Association’s 98th Annual Convention, which will be held in October in Chicago, Illinois. He currently serves as Chair of MBA’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) and is a member of the MBA Board of Directors. An active member of MBA, Mr. Burke has served in a number of leadership positions, including as Chair of MBA’s Investors Council.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. – June 8, 2011 – (RealEstateRama) — Mortgage applications decreased 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 June 3, 2011. This week’s results include an adjustment to account for the Memorial Day holiday.
Commercial/Multifamily Mortgage Delinquency Rates Mixed in First Quarter
WASHINGTON, D.C. – June 8, 2011 – (RealEstateRama) — Delinquency rates among different commercial/multifamily mortgage investor groups were mixed in the first quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.
MBA Statement on Extension of Comment Deadline for Proposed Risk Retention Rules
WASHINGTON, D.C. – June 7, 2011 – (RealEstateRama) — Statement of David H. Stevens, President and CEO of the Mortgage Bankers Association on the announced extension of the comment deadline for the federal financial regulators’ proposed rule implementing the Dodd-Frank Act’s risk retention rule.
MBA Calls on FHA to Permit Use of E-Signatures
WASHINGTON, D.C. – June 3, 2011 – (RealEstateRama) — Members of Media:Yesterday, the Mortgage Bankers Association (MBA) sent a letter to Acting Assistant Secretary for Housing – Federal Housing Commissioner Robert C. Ryan requesting the Federal Housing Administration (FHA) permit the use of electronic signatures (e-signatures) for all mortgage origination forms required by the FHA
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. – June 1, 2011 – (RealEstateRama) — Mortgage applications decreased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 27, 2011.
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. (May 25, 2011) — Mortgage applications increased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 20, 2011.
MBA’s Berman Testifies on the Role of FHA, Ginnie Mae and RHS in the Mortgage Markets
WASHINGTON, D.C. – May 25, 2011 – (RealEstateRama) — Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, testified today before the U.S. House of Representatives Financial Services Subcommittee on Insurance, Housing and Community Opportunity at a hearing entitled “Legislative Proposals to Determine the Future Role of FHA, RHS and GNMA in the Single-and Multi-Family Mortgage Markets.”
Significant Declines in 90+ Day Delinquencies and Foreclosures in Latest MBA National Delinquency Survey
WASHINGTON, D.C. – May 19, 2011 – (RealEstateRama) — The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.32 percent of all loans outstanding as of the end of the first quarter of 2011, an increase of seven basis points from the fourth quarter of 2010, and a decrease of 174 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased 117 basis points to 7.79 percent this quarter from 8.96 percent last quarter.
MBA Statement on Prototype Mortgage Disclosures
WASHINGTON, D.C. – May 19, 2011 – (RealEstateRama) — David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the statement below in response to the public release of new prototype mortgage disclosure forms required under the Truth in Lending Act (TILA) and Real Estate Settlement and Procedures Act (RESPA).
Mortgage Refinance Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. – May 18, 2011 – (RealEstateRama) — Mortgage applications increased 7.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 13, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 7.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 7.1 percent compared with the previous week. The Refinance Index increased 13.2 percent from the previous week and is at its highest level since the week ending December 10, 2010. The seasonally adjusted Purchase Index decreased 3.2 percent from one week earlier. The unadjusted Purchase Index decreased 3.3 percent compared with the previous week and was 1.7 percent lower than the same week one year ago
Register Today for MBA’s 1st Quarter 2011 National Delinquency Survey (NDS) Conference Call
WASHINGTON, D.C. – May 16, 2011 – (RealEstateRama) — WHAT: Mortgage Bankers Association (MBA) 1st Quarter 2011 National Delinquency Survey (NDS) Media Conference Call.Conducted quarterly since 1972, MBA’s National Delinquency Survey covers more than 40 million loans on one-to-four-unit residential properties, representing more than 80 percent of all first-lien residential mortgage loans outstanding in the United States.
MBA’s Berman Reacts to Campbell/Peters GSE Bill
WASHINGTON, D.C. – May 16, 2011 – (RealEstateRama) — Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, issued the following statement in reaction to the introduction of bipartisan legislation by Representatives John Campbell (R-CA) and Gary Peters (D-MI) that would reform the secondary mortgage market.