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  • MBA Welcomes 31 New Members

    WASHINGTON, D.C. (November 20, 2014) – Today, the Mortgage Bankers Association (MBA) announced that in October it welcomed 31 new regular members to its ranks, which currently numbers more than 2,200 member companies. “The breadth and depth of our membership is the single mo

  • MBA Announces New Private Insurance Exchange Platform for Members

    The Mortgage Bankers Association (MBA) announced today a new private exchange which will offer healthcare and other employee benefits for its member companies.  Addressing the challenges of maintaining a competitive employee benefit program, “MBA Health Link” will provide

  • MBA President and CEO David Stevens Comment on FHA Actuarial Report

    WASHINGTON, D.C. (November 17, 2014) –  David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement today regarding the release of the Federal Housing Administration’s (FHA) actuarial report on the Mutual Mortgage Insurance (MM

  • MISMO® Announces Public Comment Period for Version 3.3.1 Reference Model

    Mortgage Industry Standards Maintenance Organization (MISMO) is pleased to announce the release of version 3.3.1 of the MISMO® Residential Reference Model for public comment.  The comment period will remain open for 30 days through Monday, December 15th, 2014. This version of t

  • Kelley J. Williams Joins MBA as Associate Vice President of Government Affairs

    The Mortgage Bankers Association (MBA) announced Kelley J. Williams has joined the Association as Associate Vice President of Legislative Affairs. In this position, Williams will serve as MBA’s lead Democratic lobbyist for the House of Representatives. Williams comes to MBA from Th

  • Commercial/Multifamily Mortgage Bankers Originations Up

    WASHINGTON, DC (October 28, 2014) – According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, third quarter 2014 commercial and multifamily mortgage loan originations were 16 percent higher than during the same p

  • MBA Sees Originations Increasing Seven Percent in 2015

    Washington, DC (October 21, 2014) - The Mortgage Bankers Association announced today that it expects to see $1.19 trillion in mortgage originations during 2015, a seven percent increase from 2014.  While MBA anticipates purchase originations will increase 15 percent, it expects refi

  • MORPAC Honors David Motley, CMB, with the Distinguished 2014 Schumacher-Bolduc Award

    LAS VEGAS, NV (October 21, 2014) — The Mortgage Bankers Political Action Committee (MORPAC) today awarded David Motley, CMB, President of Colonial National Mortgage, with the 2014 Schumacher-Bolduc Award at the association’s 101st Annual Convention and Expo held in Las Vegas, Nevad

  • MBA Congratulates 17 Real Estate Finance Professionals on Completion of New Commercial/Multifamily Future Leaders Program

    LAS VEGAS, NV (October 21, 2014) – The Mortgage Bankers Association (MBA) today recognized 17 of the best and brightest mortgage professionals in a graduation ceremony for MBA’s inaugural Commercial/Multifamily (C/MF) Future Leaders Program held at MBA's 101st  Annual Conventi

  • Mortgage Bankers Association inducts 17 Companies into Hall of Honor Program

    LAS VEGAS, NV (October 21, 2014) - Today, the Mortgage Bankers Association announced it has inducted 17 companies into the Hall of Honor program. The Hall of Honor recognizes both corporations and individual corporate leaders for their commitment to veterans and active-duty military pers

  • MBA Honors Pulte Mortgage’s Debra Still with Distinguished Service Award

    LAS VEGAS, NV (October 21, 2014) – Today, the Mortgage Bankers Association (MBA) awarded Debra W. Still, CMB, 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

  • Stevens Statement Regarding Final Risk Retention Rule

    LAS VEGAS, NV (October 21, 2014) - David H. Stevens, President & CEO Mortgage Bankers Association, released the following statement about the federal agencies issuance of the final Risk Retention Rule. “We are pleased with the final risk retention rule as voted on by the FDIC

  • EJ and Martha Burke Presented with MBA Opens Doors Foundation Community Champion Award

    LAS VEGAS, NV (October 21, 2014) – Today, the Mortgage Bankers Association (MBA) announced E.J. Burke, the former Chairman of MBA, and his wife, Martha Burke, have been awarded the “MBA Opens Doors Foundation Community Champion Award.”  The award recognizes those who hav

  • Remarks by Bill Cosgrove, MBA Chairman During MBA's 101st Annual Convention & Expo

    LAS VEGAS, NV (October 20, 2014) — Bill Cosgrove, Chairman of the Mortgage Bankers Association (MBA) today delivered the following remarks at the association’s 101st Annual Convention and Expo in Las Vegas, NV.  [Please Note:  These are prepared remarks.  Mr.

  • Remarks by David Stevens, MBA President and CEO, During MBA's 101st Annual Convention & Expo

    LAS VEGAS, NV (October 20, 2014) — David Stevens, President and CEO of the Mortgage Bankers Association (MBA), today delivered the following remarks at the association’s 101st Annual Convention and Expo in Las Vegas, NV. [Please Note:  These are prepared remarks. 

  • Kathleen Armstrong Presented with MBA Education Lifetime Achievement Award

    LAS VEGAS, NV (October 20, 2013) – Today, MBA Education, the Mortgage Bankers Association’s (MBA) educational initiative, presented Kathleen Armstrong, CMB, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award. “Kathleen is a seasoned mortgage bank

  • MBA’s Stevens Applauds FHFA Steps to Ease Credit for Homebuyers

    LAS VEGAS, NV (October 20, 2014) – Today, David Stevens, MBA President and CEO, issued the following statement following remarks by FHFA Director Mel Watt at MBA’s Annual Convention in Las Vegas, NV: “Director Watt’s comments this morning represent significant pr

  • Union Home Mortgage’s Bill Cosgrove, CMB, Sworn in as 2015 MBA Chairman

    LAS VEGAS, NV (October 19, 2014) — Bill Cosgrove, CMB,  CEO of Union Home Mortgage Corp. of Strongsville, OH,  was today sworn in as Chairman of the Mortgage Bankers Association (MBA) during the association’s 101st Annual Convention & Expo in Las Vegas, Nevada.

  • AmeriSphere’s Rodrigo López, CMB, Elected as 2015 Vice Chairman

    LAS VEGAS, NV (October 19, 2014)  -  Rodrigo López, CMB, founder, President and CEO of AmeriSphere, today was sworn in as Vice Chairman of the Mortgage Bankers Association (MBA) during the Association’s 101st Annual Convention & Expo in Las Vegas, Nevada. Amer

  • MBA Announces 2015 Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) Leadership and New Members

    LAS VEGAS, NV (October 19, 2014) – The Mortgage Bankers Association (MBA) today announced the election of R. Paige Hood, Managing Director of Prudential Mortgage Capital Company, as the new Chairman of its Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) at the

  • Quicken Loans’ Bill Emerson Sworn in as 2015 MBA Chairman-Elect

    LAS VEGAS, NV (October 19, 2014)  -  Bill Emerson, Chief Executive Officer of Quicken Loans, Inc., was sworn in today as Chairman-Elect of the Mortgage Bankers Association (MBA) during the Association’s 101st Annual Convention & Expo in Las Vegas, Nevada. Emerson, th

  • MBA Elects 2015 Board of Directors

    LAS VEGAS, NV (October 19, 2014) – The Mortgage Bankers Association (MBA) today swore in its Board of Directors for the 2015 membership year at MBA's 101st Annual Convention & Expo in Las Vegas, Nevada. The Board of Directors will be chaired by Bill Cosgrove, Chief Executive Officer

  • Multifamily Lending Hits New Record in 2013

    WASHINGTON, DC (October 17, 2014) – In 2013, 2,898 different multifamily lenders provided a total of $172.5 billion in new mortgages for apartment buildings with five or more units, according to a report from the Mortgage Bankers Association (MBA).  The 2013 dollar volume represents

  • Commercial/Multifamily Mortgage Debt Outstanding Continues to Rise

    WASHINGTON, DC (October 16, 2014) – According to a Mortgage Bankers Association (MBA) report released today, the level of commercial/multifamily mortgage debt outstanding increased by $24.9 billion in the second quarter of 2014, as three of the four major investor groups increased

  • Dr. Lynn M. Fisher Joins MBA as Vice President of Research and Economics

    WASHINGTON, D.C. (October 7, 2014) — Today, the Mortgage Bankers Association (MBA) announced Lynn M. Fisher has joined the Association as Vice President of Research and Economics.  Dr. Fisher comes to MBA from the Kenan-Flagler School of Business at the University of North Carolina,

  • MBA Appoints Lisa J. Haynes as Chief Financial Officer

    WASHINGTON, D.C. (October 6, 2014) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Lisa J. Haynes as Chief Financial Officer.   Ms. Haynes joins MBA from Fannie Mae, where she was most recently Vice President f

  • MBA Opens Doors Concludes Hugely Successful Summer Campaign

    WASHINGTON, D.C. (September 25, 2014) – Today, the MBA Opens Doors Foundation announced it had raised more than $31,000 during its three-month “92 Days of Summer” fundraising campaign.  The Foundation is the Association's philanthropic entity dedicated to providing finan

  • eLynx Expedite® Awarded MISMO Certification

    WASHINGTON, D.C. (September 22, 2014) – Mortgage Industry Standards Maintenance Organization (MISMO®) is pleased to announce that Expedite®, the services platform from eLynx, has been awarded Premiere Level certification under the MISMO Software Certification Program.  Exped

  • MBA Statement on HUD Secretary Castro’s Comments

    WASHINGTON, D.C. (September 16, 2014) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement after remarks made today by HUD Secretary Julian Castro at the Bipartisan Policy Center Housing Summit: “Secretary Castro, in

  • Commercial/Multifamily Delinquencies Continue Decline

    WASHINGTON, D.C. (September 4, 2014) – Delinquency rates for commercial and multifamily mortgage loans continued to decline in the second quarter of 2014, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report. During the second quart

  • MBA Releases 2014 Mid-Year Commercial/Multifamily Servicer Rankings

    Washington, D.C. (August 28, 2014) – The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily mortgage servicers’ volumes as of June 30, 2014.  At the top of the list of firms is Wells Fargo with $446.8 billion in U.S. master and

  • MISMO® Announces Schedule for Future Updates to the Standards

    WASHINGTON, DC (August 18, 2014) – The MISMO Residential Standards Governance Committee has announced the schedule for the next two releases of the MISMO Residential Data Standard (the Standard).  Updates to the Standard, which supports data exchange transactions and corporate

  • Commercial/Multifamily Borrowing Remains on Pace with Last Year

    WASHINGTON, D.C. (July 31, 2014) – According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, second quarter 2014 commercial and multifamily mortgage loan originations were two percent lower than during the same p

  • MBA Opens Doors Makes 100th Grant to Family in Need

    WASHINGTON, D.C. (July 22, 2014) – Today, the MBA Opens Doors Foundation announced it had made its 100th grant to a family in need.  The Foundation is the Association's philanthropic entity dedicated to providing financial assistance to families with a critically ill or injured

  • MBA Statement on Senate Passage of the Terrorism Risk Insurance Reauthorization Bill

    WASHINGTON, D.C. (July 17, 2014) — Today, David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), released the following statement on the U.S. Senate’s approval of S. 2244, the Terrorism Risk Insurance Program Reauthorization Act of 2014: “MBA co

  • MBA Statement on U.S. Senate Confirmation of Julian Castro as HUD Secretary

    WASHINGTON, D.C. (July 9, 2014) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement on the U.S. Senate confirming Julian Castro to be Secretary of Housing and Urban Development (HUD): “MBA commends the U.S. Senate fo

  • MBA Promotes 2 to Associate Vice President

    David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), announced the promotion of two current staffers from Director to Associate Vice President.  The promotions were effective July 1, 2014. Meghan Sullivan, Associate Vice President of Legislative Affai

  • MBA Statement on Senate Banking Committee Backing Julian Castro as HUD Secretary

    David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement on the Senate Banking Committee Approving Julian Castro to be Secretary of Housing and Urban Development (HUD). “MBA commends the Senate Banking Committee fo

  • MBA Statement on House Financial Services Committee’s Approval of Terrorism Risk Insurance Reauthorization Bill

    WASHINGTON, D.C. (June 20, 2014) — Today, David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), released the following statement on the U.S. House of Representatives Financial Services Committee’s approval H.R. 4871, the TRIA Reform Act of 2014: R

  • MBA Announces Nomination of AmeriSpheres’ Rodrigo López as 2015 Vice Chair

    WASHINGTON, D.C. (June 11, 2014) – Today, the Mortgage Bankers Association (MBA) announced the nomination of Rodrigo López, CMB, the founder, President and CEO of AmeriSphere, to be its Vice Chair for the 2015 membership year.  He will be elected by MBA members at the Associa

  • Commercial/Multifamily Mortgage Debt Outstanding Rises to Another High in First Quarter

    WASHINGTON, D.C. (June 9, 2013) – The level of commercial/multifamily mortgage debt outstanding increased by $11.1 billion in the first quarter of 2014, as three of the four major investor groups increased their holdings.  That is a 0.4 percent increase over the fourth quarter

  • David H. Stevens Statement on Senate Banking Committee’s Approval of Terrorism Risk Insurance Reauthorization Bill

    WASHINGTON, D.C. (June 3, 2014) — Today, David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), released the following statement on the United States Senate Banking Committee’s approval of S. 2244, the Terrorism Risk Insurance Program Reauthorization A

  • Commercial/Multifamily Delinquencies Continue Decline in First Quarter

    WASHINGTON, D.C. (June 3, 2014) – Delinquency rates for commercial and multifamily mortgage loans continued to decline in the first quarter of 2014, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report. During the first quarter of 2

  • Stevens Statement on Presidential Nominations

    WASHINGTON, D.C. (May 23, 2014) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement on the nomination of Shaun Donovan to be Director of the Office of Management and Budget (OMB) and Julian Castro to be Secretary of Housing

  • MBA's Stevens Comments on Senate Banking Housing Finance Reform Markup

    David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA), issued the following statement in response to the passage in the Senate Banking Committee of The Housing Finance Reform and Taxpayer Protection Act of 2014. “MBA commends the Senate Banking Committee

  • MBA Statement on FHFA Director Watt’s Comments

    WASHINGTON, D.C. (May 13, 2014) –  David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement after remarks made by FHFA Director Mel Watt today at the Brookings Institution.“In his first major speech outlining his priorities

  • First Quarter Commercial and Multifamily Mortgage Originations at Same Pace as Q1 2013

    WASHINGTON, DC (April 6, 2014) – According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, first quarter 2014 commercial and multifamily mortgage loan originations were one percent lower than during the same peri

  • MBA Statement on CFPB's Proposed Changes to the QM Rule

    David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement regarding the Consumer Financial Protection Bureau's (CFPB) proposed changes to the Qualified Mortgage/Ability-to-Repay rule. “This proposal is a positive development for consumer

  • Mortgage Bankers’ Commercial/Multifamily Originations Rose to $358.5 Billion in 2013

    WASHINGTON, DC (April 8, 2014) – Commercial and multifamily mortgage bankers closed $358.5 billion of loans in 2013 according to the Mortgage Bankers Association’s (MBA) 2013 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation. Commercial bank and

  • Commercial/Multifamily Mortgage Debt Outstanding Posts Largest Increase Since 2008

    WASHINGTON, D.C. (December 12, 2013) — According to a new report from the Mortgage Bankers Association (MBA), the level of commercial/multifamily mortgage debt outstanding increased by $25.2 billion in the third quarter of 2013, as all four major investor groups increased their holdin

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