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MBA Calls on House to Pass Neugebauer-Huizenga Amendment
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement urging the House to adopt the Neugebauer-Huizenga amendment to H.R. 22, the DRIVE Act
Mortgage Applications Slightly Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 30, 2015.
MBA Forecasts a 6 Percent Increase in Commercial/Multifamily Mortgage Originations in 2016
The Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will rise 6 percent in 2016 to $485 billion. Mortgage bankers' originations of multifamily mortgages are forecast at $187 billion in 2016, and total multifamily mortgage originations are projected at $225 billion.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 3.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 23, 2015. The previous week's results included an adjustment for the Columbus Day holiday.
MBA Announces Policy Network Chairs for 2016
The Mortgage Bankers Association (MBA) today announced new leaders for its Independent Mortgage Bankers Network and Community Banks and Credit Unions Network.
Real Estate Finance and Housing Industry Join Together and Donate Over $735,000 to Families...
Mortgage Bankers Association Opens Doors Foundation (MBA Opens Doors) today announced that it has secured more than $735,000 in pledged donations at, or associated with, MBA's 2015 Annual Convention.
MBA Applauds Introduction of H.R. 3808
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement applauding the introduction of H.R. 3808, legislation to require the withdrawal and study of the Federal Housing Finance Agency's proposed rule on Federal Home Loan Bank membership, introduced by Representatives Blaine Luetkemeyer (R-MO), Denny Heck (D-WA), Patrick McHenry (R-NC), and John Carney (D-DE)
MBA Report: Multifamily Lending Jumped 13 Percent in 2014
In 2014, 2,876 different multifamily lenders provided a total of $195.1 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association (MBA) 2014 Report on Multifamily Lending. The 2014 dollar volume represents a 13 percent increase from 2013 levels. Sixty-five percent of the active lenders made five or fewer multifamily loans over the course of the year
Government Applications Drive Increase in Latest MBA Weekly Survey
Mortgage applications increased 11.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 16, 2015. This week's results include an adjustment to account for the Columbus Day holiday.
MBA’s Future Leaders Program Graduates 57 Residential and Commercial/Multifamily Real Estate Finance Professionals
The Mortgage Bankers Association (MBA) today recognized a total of 57 mortgage professionals -- 34 from the residential market segment and 23 from the commercial/multifamily market segment -- in a graduation ceremony for MBA's Future Leaders Program held at MBA's Annual Convention & Expo in San Diego, California.
Jim and Judy Deitch, Deitch Family Foundation Presented with MBA Opens Doors Foundation Community...
the Mortgage Bankers Association (MBA) announced Mr. and Mrs. Jim and Judy Deitch and the Deitch Family Foundation, are the recipients of the "MBA Opens Doors Foundation Community Champion Award." The award recognizes those who have dedicated significant time and effort to advance the foundation's mission to enable families with a critically ill or injured child to keep their home, even in the face of significant medical bills
MBA Projects Purchase Originations Increasing Ten Percent in 2016
The Mortgage Bankers Association announced today that it expects to see $905 billion in purchase mortgage originations during 2016, a ten percent increase from 2015. In contrast, MBA anticipates refinance originations will decrease by one-third, resulting in refinance mortgage originations of $415 billion. On net, mortgage originations will decrease to $1.32 trillion in 2016 from $1.45 trillion in 2015.
MBA Announces New Directors, Governors, and Committee Chairs for 2016
The Mortgage Bankers Association (MBA) today announced its new Board of Directors, members of the Residential Board of Governors (RESBOG), members of the Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG), and Residential Committee Chairs for 2016
Quicken Loans’ Bill Emerson Sworn in as 2016 MBA Chairman
Bill Emerson, Chief Executive Officer of Quicken Loans, Inc., was sworn in today as Chairman of the Mortgage Bankers Association (MBA) during the Association's 102nd Annual Convention & Expo in San Diego, California.
MBA Education Recognizes 17 New Certified Mortgage Bankers
Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 17 individuals who earned the Certified Mortgage Banker (CMB) designation at a ceremony held at MBA's 102ND Annual Convention & Expo in San Diego, CA. Earning one's CMB is the highest professional honor within the real estate finance industry.
Dan Phelan Presented with MBA Education Rosser Lifetime Achievement Award
The Mortgage Bankers Association's (MBA) today presented Dan Phelan, CMB, CRI, CCMS, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award. "Dan is one of the industry's strongest advocates for MBA's School of Mortgage Banking," said Bill Emerson, MBA Chairman. "He believes that enhanced industry education is the path to restoring faith and confidence among consumers and policymakers in our industry and those individuals who practice it.
MBA Honors U.S. Bank Home Mortgage’s Dan Arrigoni with Distinguished Service Award
The Mortgage Bankers Association (MBA) honored Dan Arrigoni, formerly president of U.S. Bank Home Mortgage, with its Andrew D. Woodward Distinguished Service Award. The award is presented in recognition of dedication and prominent service to MBA and the mortgage lending industry in a variety of capacities involving both legislative and regulatory activities. Arrigoni was presented the award in a ceremony held at MBA's Annual Convention & Expo in San Diego, CA.
Mortgage Bankers Association and Freddie Mac Announce Alliance to Provide New Benefits to MBA...
The Mortgage Bankers Association (MBA) and Freddie Mac (OTCQB: FMCC) today announced an alliance to offer MBA members a series of quality benefits and solutions designed to add value in today's market. Through this partnership, eligible-MBA members will gain access to special mortgage product flexibilities and enhanced training benefits. This announcement was made at the Mortgage Bankers Association's 102nd Annual Convention and Expo in San Diego, CA.
MORPAC Honors Rick Arvielo with the Distinguished 2015 Schumacher-Bolduc Award
The Mortgage Bankers Association Political Action Committee (MORPAC) today awarded Rick Arvielo, CEO New American Funding, with the 2015 Schumacher-Bolduc Award at the association's Annual Convention and Expo held in San Diego, California. The award was given to Mr. Arvielo in recognition of his outstanding work on behalf of MBA's political advocacy programs and the mortgage lending industry
Remarks by Bill Emerson, MBA Chairman During MBA’s 102nd Annual Convention & Expo
Bill Emerson, Chairman of the Mortgage Bankers Association (MBA) today delivered the following remarks at the association's 102nd Annual Convention and Expo in San Diego, CA