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RealEstateRama News
Remarks by David H. Stevens, President and CEO, MBA During MBA’s 2012 National Technology...
Phoenix, AZ - April 25, 2012 - (RealEstateRama) -- "Good morning and welcome to the Mortgage Bankers Association's National Technology and Fraud conferences.
Mortgage Applications Decrease Despite Survey Low Rates in Latest MBA Weekly Survey
WASHINGTON, D.C. - April 25, 2012 - (RealEstateRama) -- Mortgage applications decreased 3.8 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, 2012.
MBA Honors 2012 Mortgage Banking Tech All-Stars
Phoenix, AZ - April 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded eleven industry innovators with the Mortgage Banking Tech All-Stars award at the Association's 2012 National Technology in Mortgage Banking Conference & Expo held in Phoenix, AZ. This is the 10th anniversary of Mortgage Banking's technology awards celebrating individuals who have made outstanding contributions to the field of mortgage technology.
Refinance Applications Up, Purchase Applications Down in Latest MBA Weekly Survey
WASHINGTON, D.C. - April 19, 2012 - (RealEstateRama) -- Mortgage applications increased 6.9 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, 2012.
MBA Presents Burton C. Wood Legislative Service Award to CWCapital CEO Michael Berman, CMB
Washington, D.C. - April 19, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) has presented its annual Burton C. Wood Legislative Service Award to Michael Berman, founder and member of the Board of Managers of CW Financial Services (CW) and President and Chief Executive Officer of CWCapital. The award was presented at MBA’s 2012 National Policy Conference in Washington, DC.
Mortgage Bankers’ Commercial/Multifamily Originations up 55 Percent to $184.3 Billion in 2011
Washington, D.C. - April 11, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage origination volumes increased 55 percent in 2011, with mortgage bankers reporting $184.3 billion of closed commercial and multifamily loans, according to the Mortgage Bankers Association’s (MBA) 2011 Commercial Real Estate/Multifamily Finance: Annual Origination Volume Summation.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - April 11, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.4 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, 2012.
MBA Statement on CFPB Announcement on Servicing Standards
WASHINGTON, D.C. - April 10, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement after the announcement by the Consumer Financial Protection Bureau (CFPB) that it intends to propose rules for residential mortgage servicers this summer.
MBA: Fourth Quarter Mortgage Banker Production Profits Decline Despite Higher Origination Volumes
WASHINGTON, DC - April 5, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,093 on each loan they originated in the fourth quarter of 2011, down from $1,263 per loan in the third quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Fourth Quarter 2011 Mortgage Bankers Performance Report released today.
Wells Fargo Top Commercial/Multifamily Mortgage Originator in 2011
Washington, DC - April 4, 2012 - (RealEstateRama) -- Wells Fargo was the top commercial/multifamily mortgage originator in 2011, according to a set of listings released today by the Mortgage Bankers Association (MBA). Other originators in the top 10 include HFF, L.P.; Meridian Capital Group, LLC.; CBRE Capital Markets, Inc.; PNC Real Estate; MetLife Real Estate Investments; Deutsche Bank Commercial Real Estate; Prudential Mortgage Capital Company; Northmarq Capital LLC; and JP Morgan (CMBS).
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - April 4, 2012 - (RealEstateRama) -- 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 30, 2012.
Refinance Applications Drop for Sixth Consecutive Week
WASHINGTON, D.C. - March 28, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.7 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, 2012.
CampusMBA Announces New Continuing Education Requirement for Certified Mortgage Banker (CMB) Designation
WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced a new Continuing Education (CE) requirement for all Commercial, Residential and Master Certified Mortgage Banker (CMB) designates. Beginning June 1, 2012, all CMB designates will now be required to complete ongoing continuing education to maintain their respective designation.
MBA Selects 35 Real Estate Finance Professionals for Future Leaders Program Class of 2012
Washington, D.C. - March 26, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the selection of 36 mortgage professionals into its CampusMBA’s Future Leaders Program, an executive leadership development program that delivers a comprehensive curriculum for middle- and senior-level managers. Participants enhance their skills through three hands-on sessions geared toward political engagement; business analysis and problem solving; and experiential learning through collaboration, networking and peer group interaction
CampusMBA Teams with The Lincoln Leadership Institute at Gettysburg (LLI) to Offer Unique Leadership...
WASHINGTON, D.C. - March 23, 2012 - (RealEstateRama) -- CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), today announced it is teaming up with The Lincoln Leadership Institute at Gettysburg (LLI) to offer a unique and innovative team and leadership development program, A Transformational Journey from Gettysburg, a comprehensive on-site training program which uses the Battle of Gettysburg as a metaphor to address current real estate finance industry challenges.
Interest Rates Highest Since December, Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Mortgage applications decreased 7.4 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, 2012.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - March 14, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 9, 2012.
Commercial/Multifamily Mortgage Debt Outstanding Flat in 4th Quarter; Down 0.6 percent in 2011
Washington, DC - March 14, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the fourth quarter of 2011, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA). On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2011 was $14 billion lower than at the end of 2010, a decline of 0.6 percent.
CampusMBA Accepting Applications for Path to Diversity Scholarships
WASHINGTON, DC - March 8, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced that it is accepting applications for its Path to Diversity Scholarship Program, which enables industry professionals from diverse backgrounds to advance their professional growth and career development through industry education.
Commercial/Multifamily Mortgage Delinquencies Down; Best Performing Bank Loans During Recession
WASHINGTON, D.C. - March 7, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage delinquency rates declined during the fourth quarter of 2011, and an analysis of data from the Federal Deposit Insurance Corporation (FDIC) shows that commercial and multifamily mortgages have fared better through the credit crunch and recession than any other major type of loan held by banks and thrifts, according to two reports released today by the Mortgage Bankers Association (MBA).