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RealEstateRama News
MBA Celebrates Spike in Path to Diversity Scholarship Winners in 2018
The Mortgage Bankers Association (MBA) today announced that a record number of individual employees from MBA member companies were awarded a Path to Diversity (P2D) scholarship during the 2018 fiscal year, ending September 30. The scholarships are granted to existing industry professionals from diverse backgrounds who are seeking to advance their careers through training in MBA Education programs and courses.
Mortgage Applications Decrease Slightly in Latest MBA Weekly Survey
Mortgage applications decreased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 16, 2018. This week's results do not include an adjustment for the Veterans' Day holiday.
MBA’s Marcia M. Davies Wins 2018 Stevie® Award for Women in Business
Marcia M. Davies, COO of the Mortgage Bankers Association (MBA) and founder of mPower, was honored as a 2018 Maverick of the Year Silver Stevie® Award winner at the 15th annual Stevie® Awards for Women in Business gala event held on Nov. 16 at the Sheraton New York Times Square Hotel in New York.
Commercial/Multifamily Originations Slowed During the Third Quarter
A pullback in lending activity across most property types contributed to a decline in total mortgage loan originations during the third quarter, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
October New Home Purchase Mortgage Applications Decrease 2.1 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2018 shows mortgage applications for new home purchases decreased 2.1 percent from a year ago. Compared to September 2018, applications increased by 11 percent. This change does not include any adjustment for typical seasonal patterns.
MBA’s Broeksmit Comments On FHA’s Annual Report to Congress
Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement regarding the U.S. Department of Housing and Urban Development's (HUD) Annual Report to Congress Regarding the Financial Status of the FHA Mutual Mortgage Insurance Fund
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 3.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 9, 2018.
Mortgage Delinquencies Up Slightly in Third Quarter of 2018
The delinquency rate for mortgage loans on one-to-four-unit residential properties rose to a seasonally adjusted rate of 4.47 percent of all loans outstanding at the end of the third quarter of 2018, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
2018 Commercial/Multifamily Originations Forecast to Match 2017’s Record Year
The Mortgage Bankers Association (MBA) expects commercial and multifamily originations to close the year roughly on par with the record activity seen in 2017. MBA projects commercial and multifamily mortgage originations to total $532 billion in 2018 - essentially flat from last year's record volume of $530 billion
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 2, 2018.
Mortgage Credit Availability Increased in October
Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 26, 2018
MBA Opens Doors Foundation Celebrates Monumental Fundraising Tally
The MBA Opens Doors Foundation (Opens Doors) today announced it raised $685,175 during the Mortgage Bankers Association's 2018 Annual Convention and Expo, held in Washington, D.C., on Oct. 14-17. The generous contributions given by convention attendees, combined with the more than $1.1 million recently pledged by MBA member companies and individuals leading up to the convention
Multifamily Lending Increased 6 Percent to a New High of $285 Billion in 2017
Strong market conditions helped fuel a 6 percent increase in multifamily lending in 2017, as lenders provided a record high $285 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association's (MBA) annual report on the multifamily lending market
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications rose 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 19, 2018. The previous week's results did not include an adjustment for the Columbus Day holiday.
MBA Launches New Business Council for Commercial Real Estate Finance Members
The Mortgage Bankers Association (MBA) announced today the formation of the Capital Council, a new business council made up of commercial real estate finance professionals from MBA member firms.
Mortgage Applications Decline in Latest MBA Weekly Survey
Mortgage applications decreased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 12, 2018. This week's results didn't include adjustment for the Columbus Day holiday
MBA’s Future Leaders Program Graduates 72 Residential and Commercial/Multifamily Real Estate Finance Professionals
The Mortgage Bankers Association (MBA) today recognized a total of 72 mortgage professionals -- 36 from the residential market segment and 36 from the commercial/multifamily market segment -- in a graduation ceremony for MBA's Future Leaders Program
MBA Opens Doors Foundation Announces 2018 Award Winners
The Mortgage Bankers Association (MBA) today announced the recipients of the MBA Opens Doors Foundation (Opens Doors) annual awards, which recognize those who have made lasting contributions to advance the Foundation's mission of providing mortgage and rental assistance grants to parents and guardians caring for a critically ill or injured child
MBA Forecast: Purchase Originations to Increase to $1.2 Trillion in 2019
The Mortgage Bankers Association (MBA) announced today at its 2018 Annual Convention and Expo in Washington, D.C., that it expects to see $1.24 trillion in purchase mortgage originations in 2019 - a 4.2 percent increase from 2018. MBA anticipates refinance originations will continue to trend lower next year, decreasing by 12.4 percent to $395 billion.