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RealEstateRama News
Multifamily Lending Increased 7 Percent to New Record High in 2019
Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided a total of $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units
Share of Mortgage Loans in Forbearance Decreases for Fifth Straight Week to 7.80%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 38 basis points from 8.18% of servicers' portfolio volume in the prior week to 7.80% as of July 12, 2020
MISMO® Certifies First Two Remote Online Notary Products
MISMO®, the mortgage industry's standards organization, today announced that eNotaryLog and Notarize are the first two companies to complete MISMO's new Remote Online Notarization (RON) certification program.
Matt Rocco of Grandbridge Real Estate Capital Nominated to be 2021 MBA Vice Chairman...
The Mortgage Bankers Association (MBA) announced that Matthew G. Rocco, Sr., Chairman of the Board and Chief Executive Officer of Grandbridge Real Estate Capital
Share of Mortgage Loans in Forbearance Decreases Slightly to 8.47%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 1 basis point from 8.48% of servicers' portfolio volume in the prior week to 8.47% as of June
Share of Mortgage Loans in Forbearance Increases to 8.16%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 7.91% of servicers' portfolio volume in the prior week
MBA Statement on FHFA’s Announcement on Refinance and Home Purchase Eligibility for Homeowners in...
MBA President and CEO Robert D. Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency's (FHFA) announcement on refinance and home purchase
Share of Mortgage Loans in Forbearance Increases to 7.91%
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased from 7.54% of servicers' portfolio volume in the prior week to 7.91%
MISMO® Launches Initiative to Apply Digital Mortgage Standards to the Loan Modification Process
MISMO®, the mortgage industry's standards organization, is seeking industry participants to join its initiative of applying digital mortgage standards, guidelines, and best practices
MBA Statement on FHFA’s Announcement on Purchasing Qualified Loans in Forbearance
MBA President and CEO Robert D. Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency's (FHFA) announcement on purchasing qualified loans in forbearance.
MBA Opens Doors Foundation Surpasses Milestone of Helping 5,000 Families
The MBA Opens Doors Foundation (Opens Doors) today announced that it has helped more than 5,000 families with mortgage and rental assistance since the launch of the Foundation's Home Grant Program in 2012.
MBA Statement on FHFA’s Announcement on Advance Obligation Limits for Loans in Forbearance
MBA President and CEO Robert D. Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency's (FHFA) announcement on advance obligation limits
MISMO® Announces Certification Program for Remote Online Notarization
MISMO®, the mortgage industry's standards organization, today announced a new Remote Online Notarization (RON) certification program for RON providers and mortgage industry participants.
February New Home Purchase Mortgage Applications Increased 25.9 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2020 shows mortgage applications for new home purchases increased 25.9 percent compared from a year ago. Compared to January 2020
Commercial/Multifamily Mortgage Debt Grows in the Fourth Quarter of 2019
The level of commercial/multifamily mortgage debt outstanding at the end of 2019 was $248 billion (7.3 percent) higher than at the end of 2018, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding
Mortgage Credit Availability Decreased in February
Mortgage credit availability decreased in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
Mortgage Credit Availability Decreased in December
Mortgage credit availability decreased in December according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool
Commercial and Multifamily Mortgage Delinquencies Stay Low in the Fourth Quarter of 2019
Commercial and multifamily mortgage delinquencies remained low in the fourth quarter of 2019, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily
Michael P. Flood Named Senior Vice President of Commercial/Multifamily Policy and Member Engagement
The Mortgage Bankers Association (MBA) announced today that Michael P. Flood has been named Senior Vice President of Commercial/Multifamily Policy and Member Engagement.
January New Home Purchase Mortgage Applications Increased 35.3 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2020 shows mortgage applications for new home purchases increased 35.3 percent compared from a year ago.