News

WASHINGTON, D.C. - December 5, 2012 - (RealEstateRama) -- Mortgage applications increased 4.5 percent from one week earlier , according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 30, 2012. Last week’s results included an adjustment for the Thanksgiving holiday.

Washington, DC - December 5, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) released a white paper today that underscores the importance of multifamily rental housing and examines the role of the Government Sponsored Enterprises (Fannie Mae and Freddie Mac, or “the GSEs”) in multifamily housing finance going forward. The white paper and its recommendations were developed by MBA’s GSE Multifamily Task Force, a group of industry experts from MBA’s broad commercial/multifamily finance membership convened to focus on the future role of the GSEs in the multifamily housing market, which serves more than 15 million (one in seven) American households. The white paper addresses key questions about the future of the GSEs’ multifamily businesses raised by the Federal Housing Finance Agency’s February 2012 strategic plan.

WASHINGTON, D.C. - November 30, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement today regarding H.R. 6429, a bill that would increase costs for future homebuyers by raising the guarantee fees charged on single family mortgages by Fannie Mae and Freddie Mac in order to pay for certain immigration reforms.

WASHINGTON, D.C. - November 28, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 23, 2012. This week’s results include an adjustment for the Thanksgiving holiday.

WASHINGTON, D.C. - November 21, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 16, 2012. This week’s results include an adjustment to account for the Veteran’s Day holiday.

WASHINGTON, D.C. - November 16, 2012 - (RealEstateRama) -- Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), issued the following statement today reacting to the release of the Federal Housing Administration’s (FHA) actuarial report on the Mutual Mortgage Insurance (MMI) Fund for single family programs (which differs from the GI/SRI fund that supports FHA’s multifamily programs).

WASHINGTON, D.C. - November 15, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 7.40 percent of all loans outstanding as of the end of the third quarter of 2012, a decrease of 18 basis points from the second quarter of 2012, and a decrease of 59 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate increased 29 basis points to 7.64 percent this quarter from 7.35 percent last quarter. Delinquency rates typically increase between the second and third quarters of the year.

WASHINGTON, D.C. - November 14, 2012 - (RealEstateRama) -- Mortgage applications increased 12.6 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, 2012.

Washington, DC - November 13, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage origination volumes during the third quarter of 2012 were seven percent lower than during the third quarter 2011, 17 percent lower than during the second quarter of 2012 and up 15 percent year-to-date from last year’s year-to-date levels, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

Washington, DC - November 9, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) today issued the following statement in reaction to the announcement by federal financial regulators that they do not expect new proposed capital requirement under Basel III to go into effect by January 1, 2013.

Dallas, TX - November 9, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) today delivered remarks at the association’s inaugural Independent Mortgage Bankers Conference

Washington, DC - November 7, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) released the following statement reacting to the re-election of President Barack Obama.

WASHINGTON, D.C. - November 7, 2012 - (RealEstateRama) -- Mortgage applications decreased 5.0 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, 2012.

Washington, DC - November 7, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) announced today it has partnered with Habitat for Humanity to provide $40,000 to help those residents of the Mid-Atlantic and Northeast United States who have been affected by “superstorm” Sandy. MBA has also made a $25,000 direct donation to the American Red Cross. While many MBA members have already made donations, MBA encouraged all of its members to consider doing so.

WASHINGTON, D.C. - October 31, 2012 - (RealEstateRama) -- Mortgage applications decreased 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 October 26, 2012.

Washington, DC - October 29, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today applauded an announcement by the Internal Revenue Service (IRS) that it will soon begin allowing electronic signatures on Form 4506-T, Request for Transcript of Tax Return. The IRS has indicated it expects to begin accepting electronic signatures on the 4506-T in January, 2013.

Chicago, IL - October 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the election of Brian F. Stoffers, CMB, President, CBRE Capital Markets as the new Chair of its Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) at the association’s 99th Annual Convention & Expo in Chicago. Rodrigo Lopez, CMB, AmeriSphere Multifamily Finance LLC, will serve as Vice Chair.

WASHINGTON, D.C. - October 24, 2012 - (RealEstateRama) -- Mortgage applications decreased 12.0 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, 2012.

CHICAGO, IL - October 23, 2012 - (RealEstateRama) -- Gary Acosta, executive chairman of New Vista Asset Management and co-founder of the National Association of Hispanic Real Estate Professionals (NAHREP), was awarded the Investing in Communities Award today by the Mortgage Bankers Association (MBA). This award recognizes someone who reflects the core values of MBA members and upholds our commitment to helping U.S. communities. Mr. Acosta was presented with the award in a ceremony held at MBA's 99th Annual Convention & Expo in Chicago.

CHICAGO, IL - October 23, 2012 - (RealEstateRama) -- Joe Reppert, Vice Chairman of CoreLogic, received the Andrew D. Woodward Distinguished Service Award today by the Mortgage Bankers Association (MBA) in recognition of his dedicated and prominent service to MBA and the mortgage lending industry in a variety of capacities involving both legislative and regulatory activities. Mr. Reppert was presented with the award in a ceremony held at MBA's 99th Annual Convention & Expo in Chicago.