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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.

Are E-commerce Fulfillment Centers Valued Differently Than Warehouses And Distribution Centers?

Are fulfillment centers distinct real estate products? Some in the industry believe they are; others believe they are not. According to the results a new report published by the NAIOP Research Foundation, fulfillment centers are not significantly different from nor significantly more valuable than other types of warehouse and distribution facilities.

Understanding the Criteria and Benchmarks for Federal Certification of Ending Veteran Homelessness

On Oct. 29, 2015 at 3:00 p.m. EDT, the U.S. Interagency Council on Homelessness is hosting a webinar to discuss the recently released criteria to meet Federal standards of ending veteran homelessness and how to use it to align your local efforts in support of that vision, with a focus on long-term, lasting solutions. We will also talk about the Federal process for confirming your community's achievement of the goal.

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

Builder Confidence Rises Three Points in October

Builder confidence in the market for newly constructed single-family homes rose three points in October to a level of 64 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This month’s reading is a return to HMI levels seen at the end of the housing boom in late 2005.

National Journal and National Association of Home Builders to Hold 2016 Presidential Candidate Forum...

National Journal, with sponsorship from the National Association of Home Builders (NAHB), will convene a 2016 presidential candidate forum, “Building Opportunity: Solutions for the American Dream,” in Las Vegas just weeks before the Iowa caucuses. Held during Design and Construction Week, a gathering of over 100,000 design and construction professionals, the forum will provide candidates the opportunity to address the most pressing economic and domestic policy issues before the largest annual gathering of the housing industry in the country.

Circuit of the Americas Observation Tower and Austin360 Amphitheater Wins National Steel Building Award...

The Circuit of the Americas Observation Tower and Austin360 Amphitheater in Austin, Texas, has earned national recognition in the 2015 Innovative Design in Engineering and Architecture with Structural Steel awards program (IDEAS2). In honor of this achievement, members of the project team will be presented with awards from the American Institute of Steel Construction (AISC) during a ceremony at the structure on Friday, October 23 at 10 a.m.

EPA Finalizes Nationwide Electronic Reporting Rule for Stormwater Permits

The U.S. Environmental Protection Agency (EPA) has finalized a nationwide rule(link is external) that will require construction site operators to submit certain National Pollutant Discharge Elimination System (NPDES) stormwater permit documentation to their permitting authorities using an electronic reporting tool, instead of filing paper. The new rule requires states to share these data with EPA, along with government-administered inspection and enforcement results.

Nonprofit Coalition Applauds Greater Transparency in New Home Mortgage Disclosure Rules

In response to the Consumer Financial Protection Bureau’s new Home Mortgage Disclosure Act (HMDA) rules announced earlier yesterday, Kevin Stein, associate director at the California Reinvestment Coalition released this statement

South Carolina REALTORS® Release September Market Data

According to the reports, there are five percent more new listings across South Carolina totaling 8,622. Pending Sales decreased three percent to 5,203, and there is five percent less inventory to choose from with 38,368 homes on the market. Prices moved higher as Median Sales Price was up seven percent to $174,460. Homes sold faster throughout September with most on the market for 99 days. Months Supply of Inventory was down almost 17 percent to six months

Stevens’ Statement on Final HMDA Rule

David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) released the following statement regarding the Consumer Financial Protection Bureau's (CFPB) final Home Mortgage Disclosure Act (HMDA) rule

Solar Industry Commends Bakersfield City Council’s Leadership on Federal ITC

The Solar Energy Industries Association (SEIA) joined with the California Solar Energy Industries Association (CALSEIA) in praising the Bakersfield City Council for tonight’s swift passage of a resolution urging Congress to take immediate action to extend the federal solar investment tax credit (ITC)