MBA
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.
Contact:
Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005
Phone: (202) 557-2700
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - August 28, 2012 - (RealEstateRama) -- Mortgage applications decreased 4.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August...
MBA Releases 2012 Mid-year Commercial/Multifamily Servicer Rankings
WASHINGTON, D.C. - August 23, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily mortgage servicers as of June 30, 2012. At the top of the list of firms is Wells Fargo wit...
Refinance Applications Decline as Rates Increase
WASHINGTON, D.C. - August 22, 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 August...
MBA Comments on Proposed Loan Officer Compensation Rule
WASHINGTON, D.C. - August 21, 2012 - (RealEstateRama) -- David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the Loan Officer Compensation proposed rule released today by the Consumer Financ...
MBA Statement on Treasury Announcement of Modifications to Agreements with GSEs
WASHINGTON, D.C. - August 20, 2012 - (RealEstateRama) -- David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), issued the following statement reacting to the U.S. Treasury Department’s announcement of modifications to the Pre...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - August 15, 2012 - (RealEstateRama) -- Mortgage applications decreased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August...
MBA Announces Nomination of Bill Cosgrove, CMB as 2013 Vice Chair-Elect
WASHINGTON, D.C. - August 9, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the nomination of Bill Cosgrove, President and CEO of Union National Mortgage Company, to be its Vice Chair-Elect. He will be elected by MBA ...
Mortgage Delinquencies Increase in Latest MBA Survey
WASHINGTON, D.C. - August 9, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 7.58 percent of all loans outstanding as of the end of the second quar...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - August 8, 2012 - (RealEstateRama) -- Mortgage applications decreased 1.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August ...
Refinance Applications Increase Again to Three-Year High in Latest MBA Weekly Survey
WASHINGTON, D.C. - August 1, 2012 - (RealEstateRama) -- Mortgage applications increased 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 July 27...
Second Quarter Commercial/Multifamily Mortgage Originations Up 25 Percent from Q2 2011
Washington, DC - July 31, 2012 - (RealEstateRama) -- Commercial/multifamily mortgage origination volumes during the second quarter of 2012 were up 25 percent from second quarter 2011 levels, and up 39 percent from the first quarter of 2012, according t...
As Low Rate Environment Persists, Refinance Applications Reach Highest Level Since 2009 in Latest...
WASHINGTON, D.C. - July 25, 2012 - (RealEstateRama) -- Mortgage applications increased 0.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 20,...
Record Low Mortgage Rates Lead to Jump in Refinance Activity
WASHINGTON, D.C. – July 18, 2012 – (RealEstateRama) — Mortgage applications increased 16.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the we...
MBA Chairman-Elect Debra Still Testifies on Qualified Mortgage Rulemaking
WASHINGTON, D.C. - July 11, 2012 - (RealEstateRama) -- Debra Still, CMB, Chairman-Elect of the Mortgage Bankers Association (MBA), today testified before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit at a hear...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - July 11, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 6, ...
MBA Comments on CFPB’s Qualified Mortgage Provisions
WASHINGTON, D.C. - July 10, 2012 - (RealEstateRama) -- On Tuesday July 10, 2012, the Mortgage Bankers Association (MBA) submitted a comment letter to the Bureau of Consumer Financial Protection (CFPB) in response to the reopening of the comment period ...
MBA: First Quarter Mortgage Banker Production Profits Improve
WASHINGTON, DC - July 2, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,654 on each loan they originated in the first quarter of 2012, up from $1,093 per loan in the fourt...
Stevens to Stay at MBA
Washington, DC - July 2, 2012 - (RealEstateRama) -- The Mortgage Bankers Association is pleased to announce that David H. Stevens has agreed to stay on as President and CEO. Recently, Stevens indicated he planned to leave the association in order to a...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - June 27, 2012 - (RealEstateRama) --Mortgage applications decreased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 22, ...
Government Refinance Applications More Than Double in Latest MBA Survey
WASHINGTON, D.C. - June 20, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 15,...
MBA Comments on FHFA’s Draft Strategic Plan
WASHINGTON, D.C. - June 18, 2012 - (RealEstateRama) -- On Wednesday, June 13, 2011, the Mortgage Bankers Association (MBA) sent the attached letter to the Federal Housing Finance Agency (FHFA) in response to the FHFA’s draft Strategic Plan: Fiscal Ye...
Mortgage Applications Reach Highest Level Since 2009 in Latest MBA Weekly Survey
WASHINGTON, D.C. - June 14, 2012 - (RealEstateRama) -- Mortgage applications increased 18.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 8,...
Commercial/Multifamily Mortgage Balances Up $8.1 Billion in First Quarter
Washington, DC - June 12, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding increased by $8.1 billion, or 0.3 percent, in the first quarter of 2012, as three of the four major investor groups increased their holdi...
Rodrigo Lopez Testifies on the Role of FHA in the Multifamily Mortgage Markets
WASHINGTON, D.C. - June 7, 2012 - (RealEstateRama) -- Rodrigo Lopez, CMB, President and CEO of AmeriSphere Multifamily Finance headquartered in Omaha, Nebraska, today testified on behalf of the Mortgage Bankers Association (MBA) before the U.S. House ...
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - June 6, 2012 - (RealEstateRama) -- Mortgage applications increased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 1, 2...
MBA Calls on FHA to Allow Investors into 203(k) Program
WASHINGTON, D.C. - June 6, 2012 - (RealEstateRama) -- On Tuesday, June 6, 2012 MBA sent a letter to FHA Commissioner Carol Galante asking FHA to lift the moratorium on allowing investors to participate in FHA’s Section 203(k) Rehabilitation Loan Prog...
Commercial and Multifamily Mortgage Delinquency Rates Drop for Banks, Rise for CMBS in First...
WASHINGTON, D.C. - June 5, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage delinquency rates dropped for banks and rose for commercial mortgage backed securities (CMBS) during the first quarter of 2012. Delinquency rates also declined f...
Mortgage Rates Drop to New Survey Lows
WASHINGTON, D.C. - May 30, 2012 - (RealEstateRama) -- Mortgage applications decreased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 25, 2...
MBA Announces David H. Stevens to Leave Association
Washington, DC - May 30, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced that David H. Stevens, the association’s President and CEO, will be leaving the organization effective June 30, 2012. SunTrust Bank, a long-st...
MBA Increases Originations Estimate for 2012 by Almost $200 Billion
Washington, DC - May 24, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced it is increasing its mortgage origination forecast for 2012 by almost $200 billion, due entirely to an increase in refinances. MBA now expects th...
