MBA
MBA Embraces IRS Decision to Accept Electronic Signatures for Tax Return Transcript Requests
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 Tran...
MBA Announces 2013 Commercial Real Estate/Multifamily Finance Board of Governors Leadership and New Members
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...
Mortgage Applications Decrease in Latest MBA Weekly Survey
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 Octo...
MBA Awards Gary Acosta Investing in Communities Award
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...
MBA Honors Joe Reppert With Distinguished Service Award
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 serv...
MORPAC Honors Jamie Korus, CMB, with the Distinguished 2012 Schumacher-Bolduc Award
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 A...
MBA Announces Members and Leadership of 2013 Residential Board of Governors (RESBOG) and 2013...
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...
Debra W. Still, CMB, Sworn in as 2013 MBA Chairman
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 ...
E. J. Burke Sworn in 2013 MBA Chairman-Elect
Chicago, IL (October 22, 2012) — E. J. Burke, Executive Vice President and Group Head, KeyBank Real Estate Capital and Corporate Banking Services, today was sworn in as Chairman-elect of the Mortgage Bankers Association (MBA) during the association
Bill Cosgrove, CMB, Sworn in 2013 MBA Vice Chairman
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’...
MBA Elects 2013 Board of Directors
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 ch...
MBA Elects New Officers
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...
Paper Examines Historical Origins of America’s Mortgage Laws
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 A...
Stevens Calls for Federal Housing Policy Coordinator, Greater Transparency from FHFA
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.
Mortgage Applications Decrease in Latest MBA Weekly Survey
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 Octob...
MBA files Comment Letter to CFPB on Servicing Standards
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 t...
Mortgage Applications Decrease in Latest MBA Weekly Survey
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 Octob...
MBA Analysis Pegs 2011 Multifamily Lending at $110 billion, Up 60% From 2010
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 A...
Mortgage Refinance Applications Highest Since 2009 as Rates Reach Record Lows in Latest MBA...
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 Septe...
MBA Releases Commercial/Multifamily Quarterly Data Book for Q2 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 th...
Commercial/Multifamily Mortgage Debt Outstanding Declines Fueled by Drop in CMBS Loans
WASHINGTON, DC - September 24, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding decreased by $10.4 billion, or 0.4 percent, in the second quarter of 2012, as the balance of loans in CMBS, CDO and other ABS issues...
Mortgage Rates Drop to New Survey Lows
WASHINGTON, D.C. - September 19, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Sep...
Pete Mills to Lead MBA’s Residential Policy and Member Services
WASHINGTON, D.C. - September 17, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Pete Mills as Senior Vice President, Residential Policy and Member Services, e...
MBA Endorses Campbell Bill on Eminent Domain
WASHINGTON, D.C. - September 14, 2012 - (RealEstateRama) -- David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), applauded the introduction of the Defending American Taxpayers from Abusive Government Takings Act, filed today i...
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - September 12, 2012 - (RealEstateRama) -- Mortgage applications increased 11.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Se...
MBA Statement on FHFA’s New Representation and Warranty Framework
WASHINGTON, D.C. - September 12, 2012 - (RealEstateRama) -- David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), issued the following statement reacting to the new representation and warranty framework announced by the Federal...
MBA Sends Letters to FHFA on Eminent Domain
WASHINGTON, D.C. - September 7, 2012 - (RealEstateRama) -- MBA sent a letter to the Federal Housing Finance Agency's (FHFA) General Counsel Alfred Pollard in response to the agency's request for input concerning proposals in California and elsewhere to...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - September 5, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Augu...
Commercial and Multifamily Mortgage Delinquency Rates Continue to Drop for Banks, Rise for CMBS...
WASHINGTON, D.C. - August 30, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage delinquency rates continued to drop for banks and rise for commercial mortgage backed securities (CMBS) during the second quarter of 2012. Delinquency rates al...
Second Quarter Independent Mortgage Banker Profits Increase
WASHINGTON, DC - August 30, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $2,152 on each loan they originated in the second quarter of 2012, up from $1,654 per loan in the f...