News

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.

Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Political Action Committee (MORPAC) today awarded Jamie Korus, CMB, President of Alliance Financial Resources, with the 2012 Schumacher-Bolduc Award at the association’s 99th Annual Convention and Expo held in Chicago, IL. The award was given to Korus in recognition of her dedication and prominent service to MORPAC and the mortgage lending industry.

Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced David Motley, CMB, President of Colonial National Mortgage in Fort Worth, TX as Chairman of its 2013 Residential Board of Governors (RESBOG) and William C. Emerson, CEO of Quicken Loans, Inc in Detroit, MI, as the Vice-Chairman of RESBOG, at the associations’ 99th Annual Convention & Expo.

Chicago, IL - October 23, 2012 - (RealEstateRama) -- Debra W. Still, CMB, President and Chief Executive Officer of Pulte Mortgage LLC, was sworn in today as the 2013 Chairman of the Mortgage Bankers Association (MBA) at the association’s 99th Annual Convention & Expo in Chicago.

Chicago, IL (October 22, 2012) — E. J. Burke, Executive Vice President and Group Head, KeyBank Real Estate Capital and Corporate Banking Services, today...

Chicago, IL - October 23, 2012 - (RealEstateRama) -- Bill Cosgrove, CMB, President and CEO of Union National Mortgage Co. of Strongsville, OH, was today was sworn in as Vice Chairman of the Mortgage Bankers Association (MBA) during the association’s 99th Annual Convention & Expo in Chicago.

Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) yesterday elected its Board of Directors for the 2013 membership year at MBA's 99th Annual Convention & Expo in Chicago. The Board of Directors will be chaired by Debra W. Still, CMB, President and CEO of Pulte Mortgage, a nationwide lender headquartered in Englewood, Colorado.

Chicago, IL - October 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the election of Debra W. Still, CMB, President and Chief Executive Officer of Pulte Mortgage LLC, as the 2013 Chairman of MBA at the association’s 99th Annual Convention & Expo in Chicago. E. J. Burke, Executive Vice President and Group Head, KeyBank Real Estate Capital and Corporate Banking Services, was named Chairman-Elect of MBA, while Bill Cosgrove, CMB, President and CEO of Union National Mortgage Company, was named Vice Chairman. All three officers will serve for the 2012-2013 membership year

WASHINGTON, DC - October 23, 2012 - (RealEstateRama) -- Today the Mortgage Bankers Association (MBA) released a paper entitled, “The Historical Origins of America’s Mortgage Laws,” conducted by Andra Ghent, Assistant Professor of Real Estate at Arizona State University and sponsored by MBA’s Research Institute for Housing America

Chicago, IL - October 23, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) today delivered the following remarks at the association’s 99th Annual Convention and Expo in Chicago, IL.

WASHINGTON, D.C. - October 17, 2012 - (RealEstateRama) -- Mortgage applications decreased 4.2 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, 2012. This week’s results include an adjustment to account for the Columbus Day holiday.

WASHINGTON, D.C. - October 11, 2012 - (RealEstateRama) -- On October 9, 2012 the Mortgage Bankers Association (MBA) provided official comments and exhibits on the Consumer Financial Protection Bureau’s (CFPB’s) Proposed Servicing Rules that amend the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA). CFBP’s proposed rules were released in early August

WASHINGTON, D.C. - October 10, 2012 - (RealEstateRama) -- Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 5, 2012.

WASHINGTON, D.C. - October 4, 2012 - (RealEstateRama) -- In 2011, 2,653 different multifamily lenders provided a total of $110.1 billion in new mortgages for apartment buildings with five or more units, according to a report from the Mortgage Bankers Association (MBA). The 2011 dollar volume represents a 60 percent increase from 2010 levels. Seventy-two percent of the active lenders made five or fewer multifamily loans over the course of the year.

WASHINGTON, D.C. - October 3, 2012 - (RealEstateRama) -- Mortgage applications increased 16.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 28, 2012.

WASHINGTON, D.C. - September 27, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) released its second quarter 2012 Commercial Real Estate/Multifamily Finance Quarterly Data Book. The report includes a summary of major trends during the quarter and detailed charts and tables providing historical information on the commercial/multifamily real estate markets. Among the findings covered in second quarter Data Book: