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Senate Approves Boxer-Isakson Measure to Strengthen Mortgage Disclosure by Lawmakers
February 8, 2012 Posted by California RealEstateRama
Washington, DC – February 8, 2012 – (RealEstateRama) — U.S. Select Committee on Ethics Chairman Barbara Boxer (D-CA) and Vice-Chairman Johnny Isakson (R-GA) today praised the Senate’s passage of their amendment to the STOCK Act that would increase…
Read the full article: Senate Approves Boxer-Isakson Measure to Strengthen Mortgage Disclosure by Lawmakers ...
Refinance Activity Increases as Rates Hit Survey Lows
February 8, 2012 Posted by MBA
WASHINGTON, D.C. – February 8, 2012 – (RealEstateRama) — Mortgage applications increased 7.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Febru…
Read the full article: Refinance Activity Increases as Rates Hit Survey Lows ...
MBA Honors David A. Roberts, CMB, of Grandbridge Real Estate Capital with 2012 CREF Distinguished Service Award
February 8, 2012 Posted by MBA
Atlanta, GA – February 8, 2012 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today awarded David Roberts, CMB, President and COO of Grandbridge Real Estate Capital, with the CREF Distinguished Service Award at the Association’s 22nd Annu…
Read the full article: MBA Honors David A. Roberts, CMB, of Grandbridge Real Estate Capital with 2012 CREF Distinguished Service Award ...
FinCEN Requires AML Program and SAR Filing for Non-Bank Mortgage Lenders and Originators Reporting Would Assist Law Enforcement with Fraud Detection
February 7, 2012 Posted by RealEstateRama
VIENNA, VA – February 7, 2012 – (RealEstateRama) — The Financial Crimes Enforcement Network (FinCEN) today finalized regulations that require non-bank residential mortgage lenders and originators to establish anti-money laundering (AML) programs and f…
Read the full article: FinCEN Requires AML Program and SAR Filing for Non-Bank Mortgage Lenders and Originators Reporting Would Assist Law Enforcement with Fraud Detection ...
MBA: Ten Percent of Non-Bank Commercial/Multifamily Debt Will Mature in 2012, Down From 2011
February 6, 2012 Posted by MBA
Atlanta, GA – February 6, 2012 – (RealEstateRama) — Ten percent, or $150.6 billion, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2012, a 3 percent decline from the $154.7 billion that matured in 2011, a…
Read the full article: MBA: Ten Percent of Non-Bank Commercial/Multifamily Debt Will Mature in 2012, Down From 2011 ...
MBA Forecasts $230 Billion of Commercial/Multifamily Mortgage Originations in 2012; $2.4 Trillion of Commercial/Multifamily Mortgage Debt Outstanding
February 6, 2012 Posted by MBA
Atlanta, GA – February 6, 2012 – (RealEstateRama) — In its inaugural forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will hit $230…
Read the full article: MBA Forecasts $230 Billion of Commercial/Multifamily Mortgage Originations in 2012; $2.4 Trillion of Commercial/Multifamily Mortgage Debt Outstanding ...
2011 Q4 Commercial/Multifamily Mortgage Originations Up 13 Percent from 2010 Q4; 2011 Total Up 64 Percent from 2010 Total
February 6, 2012 Posted by MBA
Atlanta, GA – February 6, 2012 – (RealEstateRama) — Commercial/multifamily originations during the fourth quarter of 2011 were up 13 percent over the fourth quarter of 2010, but fell 7 percent from the third quarter of 2011, according to the Mortgage …
Read the full article: 2011 Q4 Commercial/Multifamily Mortgage Originations Up 13 Percent from 2010 Q4; 2011 Total Up 64 Percent from 2010 Total ...
MBA Statement on President Obama’s Housing Announcement
February 2, 2012 Posted by MBA
WASHINGTON, D.C. – February 2, 2012 – (RealEstateRama) — David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement reacting to the housing plan outlined by President Obama in a speech in Virgin…
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FHFA Announces Interested Investors May Pre-Qualify For REO Initiative
February 1, 2012 Posted by FHFA
Washington, DC – February 1, 2012 – (RealEstateRama) — The Federal Housing Finance Agency (FHFA) today announced the first step of a Real-Estate Owned (REO) Initiative targeted to hardest-hit metropolitan areas
announced in August 2011. Investors int…
Read the full article: FHFA Announces Interested Investors May Pre-Qualify For REO Initiative ...
CHFA Mortgage Rate hits a historic low of 3.250%
January 31, 2012 Posted by RealEstateRama
ROCKY HILL, CT – January 31, 2012 – (RealEstateRama) — The Connecticut Housing Finance Authority (CHFA) provides below-market rate mortgages to first- time homebuyers in the state. In January, CHFA’s interest rate dropped to a record low of 3.250 pe…
Read the full article: CHFA Mortgage Rate hits a historic low of 3.250% ...
