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RealEstateRama News
MBA Releases Disaster Recovery Guide
The Mortgage Bankers Association (MBA) today released a new consumer-facing information brochure, Disaster Recovery: A Resource for Homeowners, available for use by all MBA members, counseling groups, government agencies, and any other group that offers assistance and advice to homeowners in the aftermath of a natural disaster
MBA Launches “mPower Moments” a New Video Series Providing Workplace Lessons, Highlighting Real Estate...
The Mortgage Bankers Association's (MBA) mPower, or MBA Promoting Opportunities for Women to Extend their Reach, today launched mPower Moments, a new monthly MBA video series where Marcia M. Davies, MBA's Chief Operating Officer and the founder of mPower, discusses issues important to the mPower community with her guest
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 April 27, 2018.
MBA Opens Doors Celebrates Milestone: More Than 2,000 Families Across America Helped
The Mortgage Bankers Association's Opens Doors Foundation (MBA Opens Doors) today announced that it surpassed a milestone, having provided mortgage or rental payment assistance grants to more than 2,000 families across the country. The grants are made to families with critically ill or injured children, allowing parents and guardians to be by a child's side during treatment, without fear of jeopardizing their home
Mortgage Applications Slightly Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 20, 2018.
MBA Education Announces First-of-its-Kind Compliance Certificate
The Mortgage Bankers Association (MBA) announced today it would begin to offer Level I of the new Certified Mortgage Compliance Professional (CMCP) designation, the only certification and designation program geared exclusively towards compliance professionals in the mortgage finance industry. Individuals achieving this designation will be recognized for their commitment to compliance with federal and state regulations
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 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 April 13, 2018.
MBA Applauds Introduction of Bipartisan GUIDE Compliance Act
The Mortgage Bankers Association (MBA) today applauded the introduction of bipartisan legislation to regularize the provision of guidance and compliance information by the Consumer Financial Protection Bureau (CFPB).
Production Volume and Profits Down in 2017 for Independent Mortgage Bankers
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $711 on each loan they originated in 2017, down from $1,346 per loan in 2016, the Mortgage Bankers Association (MBA) reported today in its Annual Mortgage Bankers Performance Report
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 6, 2018
March New Home Purchase Mortgage Applications Decreased 2.6 Percent Year over Year
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2018 shows mortgage applications for new home purchases decreased 2.6 percent compared to March 2017. Compared to February 2018, applications increased by 14 percent. This change does not include any adjustment for typical seasonal patterns.
Mortgage Bankers Close Record $530 Billion in Commercial/Multifamily Originations in 2017
Commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017, according to the Mortgage Bankers Association's (MBA) 2017 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
MISMO® Creates Blockchain Group
MISMO, the mortgage industry's standards organization, has created a new group to foster conversation about the potential for using Blockchain within the mortgage industry. The new group, officially known as the Blockchain Community of Practice, will explore this emerging technology to understand where and how it could be used within the industry as well as what might be required to implement the technology. MISMO invites all interested parties to participate in this new group. By joining this Community of Practice, participants will also gain access to blockchain experts and related educational materials that explain blockchain technology
MBA Statement on Fair Housing Act Anniversary
In commemoration of the 50th anniversary of the signing of the Fair Housing Act, David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association, offered the following statement. "The Fair Housing Act is a landmark piece of legislation that ensures equal access to housing for everyone.
Mortgage Credit Availability Decreases in March
Mortgage credit availability decreased in March 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 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 30, 2018. The Market Composite Index, a measure of mortgage loan application volume, decreased 3.3 percent on a seasonally adjusted basis from one week earlier.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 4.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2018.
MBA Releases 2017 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association (MBA), the following firms were the top commercial/multifamily mortgage originators in 2017
MBA News (3.23.18) Independent Mortgage Bank Production Profits Down in Fourth Quarter 2017
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $237 on each loan they originated in the fourth quarter of 2017, down from a reported gain of $929 per loan in the third quarter of 2017, the Mortgage Bankers Association (MBA) reported today in its Quarterly Mortgage Bankers Performance Report.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 16, 2018. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.1 percent on a seasonally adjusted basis from one week earlier.