RealEstateRama    Real Estate Newsrooms, Research Centers - Government, Nonprofit & Business

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

Short-term Delinquencies Fall to Pre-Recession Levels, Loans in Foreclosure Tie All-Time Record in Latest MBA National Delinquency Survey

WASHINGTON, D.C. – February 17, 2011 – (RealEstateRama) — The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 8.22 percent of all loans outstanding as of the end of the fourth quarter of 2010, a decrease of 91 basis points from the third quarter of 2010, and a decrease of 125 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased 46 basis points to 8.93 percent this quarter from 9.39 percent last quarter.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. – February 16, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 11, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 9.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 7.9 percent compared with the previous week.

Register Today for MBA’s 4th Quarter 2010 National Delinquency Survey (NDS) Conference Call

February 15, 2011 – (RealEstateRama) — WHAT: Mortgage Bankers Association (MBA) 4th Quarter 2010 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 Calls for Extension and Improvements for HARP Program

February 11, 2011 – (RealEstateRama) — On Thursday, February 10, 2011, the Mortgage Bankers Association (MBA) submitted the attached comment letter to Edward DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA) calling for an extension of the Home Affordable Refinance Program (HARP) that allows underwater borrowers who loans are owned by Fannie Mae and Freddie Mac, and who are current on their mortgages, to take advantage of the current low interest rates to refinance their loans. MBA recommends that the program, currently slated to expire at the end of June, be extended to the end of December, 2012 to coincide with the expiration of the Home Affordable Modification Program (HAMP)

MBA’s Comment on Administration’s White Paper on Government Role in the Secondary Mortgage Market

WASHINGTON, D.C. – February 11, 2011 – (RealEstateRama) — Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association (MBA), today issued the following statement in response to the Obama Administration’s release of a white paper outlining potential approaches to reforming the government’s role in the secondary mortgage market.

Mortgage Applications Decrease as Rates Jump in Latest MBA Weekly Survey

WASHINGTON, D.C. – February 9, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 4, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 5.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 3.9 percent compared with the previous week.

MBA Honors Catherine Rodewald of Prudential MortgageCapital Company with 2011 CREF Distinguished Service Award

San Diego, CA – February 9, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today awarded Catherine Rodewald, Vice President of Prudential Mortgage Capital Company, with the CREF Distinguished Service Award at the Association’s 21st Annual Commercial Real Estate Finance (CREF)/Multifamily Housing Convention & Expo held in San Diego, CA. The award was given to Rodewald in recognition of her dedication and prominent service to MBA and the mortgage lending industry.

MBA: Strong Fourth Quarter Drives 2010 Commercial/Multifamily Mortgage Bankers Originations 36 Percent Above 2009 Levels

San Diego, CA – February 7, 2011 – (RealEstateRama) — Mortgage bankers originated $110 billion of commercial and multifamily mortgages during 2010 – an increase of 36 percent from 2009, according to preliminary estimates based on the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

MBA: Only 11 Percent of $1.4 trillion of Non-Bank Commercial/Multifamily Mortgage Debt Set to Mature in 2011

San Diego, CA – February 7, 2011 – (RealEstateRama) — Of the $1.4 trillion balance of outstanding commercial/multifamily mortgages held by non-bank investors, only 11 percent of the total ($155 billion) will mature in 2011, and 9 percent ($125 billion) in 2012 according to today’s release of the Mortgage Bankers Association’s (MBA) 2010 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes. The survey found that maturities vary considerably by the type of investor holding the loan

MBA Comments to FinCEN on Proposal to Expand Suspicious Activity Reports

WASHINGTON, D.C. – February 7, 2011 – (RealEstateRama) — On Friday, February 4, 2011, the Mortgage Bankers Association, (MBA) submitted the attached comment letter to the Financial Crimes Enforcement Network (FinCEN) in response to FinCEN’s proposal to expand its anti-money laundering programs to help reduce mortgage fraud against lenders through a Suspicious Activity Report (SAR) reporting requirement (Notice of Proposed Rulemaking 1506-AB02).

Wells Fargo/Wachovia, PNC/Midland and Berkadia Lead National Rankings of Commercial/Multifamily Servicing Volumes

San Diego, CA – February 7, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today released its year-end ranking of commercial and multifamily mortgage servicers as of the end of December 31, 2010. On top of the list of firms is Wells Fargo with $451.1 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $337.4 billion, Berkadia Commercial Mortgage with $194.9 billion, Bank of America Merrill Lynch with $126.6 billion, and KeyBank Real Estate Capital with $118.9 billion

MBA’s Woodwell Testifies on Commercial Real Estate Market

WASHINGTON, D.C. – February 4, 2011 – (RealEstateRama) — Jamie Woodwell, Vice President of Commercial/Multifamily Research for the Mortgage Bankers Association (MBA), testified today before the Congressional Oversight Panel at a hearing titled, ” Commercial Real Estate’s Impact on Bank Stability.”

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. – February 2, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 28, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 11.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 13.2 percent compared with the previous week. The previous week did not include a holiday adjustment for Martin Luther King, Jr. Day

MBA Applauds Fed Decision to Suspend Reg. Z Rulemakings

WASHINGTON, D.C. – February 2, 2011 – (RealEstateRama) — John A. Courson, President and CEO of the Mortgage Bankers Association (MBA) today issued the following statement in response to the Federal Reserve Board’s announcement that it would not finalize three pending rulemakings under Regulation Z, which implements the Truth in Lending Act (TILA), prior to the transfer of authority for such rulemakings to the Consumer Financial Protection Bureau (CFPB).

1 2 59 60 61 62