Press Releases

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  • MBA Education Recognizes 18 Certified Mortgage Bankers

    MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized the 18 individuals who earned the Certified Mortgage Banker (CMB) designation at a ceremony held at MBA’s 100th Annual Convention & Expo in Washington, DC. Earning one̵

  • MBA Elects 2014 Board of Directors

    The Mortgage Bankers Association (MBA) today swore in its Board of Directors for the 2014 membership year at MBA's 100th Annual Convention & Expo in Washington, DC. The Board of Directors will be chaired by E.J. Burke, Executive Vice President and Group Head of KeyBank Re

  • CampusMBA Renamed MBA Education

    The Mortgage Bankers Association (MBA) today announced that CampusMBA is changing to MBA Education, formally aligning itself with the new MBA brand.  MBA Education is the education division of the association and enables companies the ability to increase their efficiency and product

  • Mortgage Applications Essentially Unchanged in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 23, 2013) — Mortgage applications decreased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 18, 2013.  This week’s results do not

  • MBA to Promote Fratantoni to Chief Economist

    WASHINGTON, D.C. (October 17, 2013) –  David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) announced today that Michael Fratantoni, currently MBA’s Vice President, Single Family Research and Policy Development will be appointed Chief Economist and Sen

  • Purchase Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 16, 2013) — Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 11, 2013. The Market Composite Index, a me

  • Applications for New Home Sales Decreased in September 2013

    WASHINGTON, D.C. (October 10, 2013) — MBA’s Builder Application Survey (BAS) data for September 2013 showed that mortgage applications for new home purchases decreased by 1 percent relative to the previous month. This change does not include any adjustment for typical seasonal patt

  • Chairman Debra Still to Lead MBA Charitable Efforts

    Washington, D.C. (October 10, 2013) – Today the Mortgage Bankers Association (MBA) announced that its Chairman, Debra W. Still, CMB, will assume leadership of the group’s charitable efforts, effective immediately. The MBA Opens Doors Foundation was established as the umbrella organ

  • Mortgage Refinance Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 9, 2013) — 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 October 4, 2013.The Market Composite Index, a measure of m

  • Mortgage Credit Availability Declined in September

    WASHINGTON, D.C. (October 8, 2013) — Mortgage credit availability decreased in September according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from the AllRegs® Market Clarity® product.The MCAI decreas

  • Stevens Calls for End to Government Shutdown

    Washington, D.C. (October 3, 2013) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement in reaction to the government shutdown and its affect on the housing market. “The federal government shutdown will have a gr

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (June 12, 2013) — Mortgage applications increased 5.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 7, 2013.  Last week’s results included an ad

  • MBA Announces Nomination of Quicken Loans’ Bill Emerson as 2014 Vice Chair

    WASHINGTON, D.C. (June 6, 2013)  - The Mortgage Bankers Association (MBA) today announced the nomination of  Bill Emerson, Chief Executive Officer of Quicken Loans, Inc., to be its Vice Chair for the 2014 membership year. He will be elected by MBA members at the Association's 100th

  • Mortgage Applications Decrease as Rates Jump in Latest MBA Weekly Survey

    WASHINGTON, D.C. (June 5, 2013) — Mortgage applications decreased 11.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 31, 2013. This week’s results include an adjustmen

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (May 29, 2013) — Mortgage applications decreased 8.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 24, 2013.  The Market Composite Index, a meas

  • MBA Comment on Amendments to Ability to Repay Rule

    WASHINGTON, D.C. (May 29, 2013) – David H. Stevens of the Mortgage Bankers Association (MBA), today issued the following statement regarding the final amendments to the Ability to Repay rule issued today by the Consumer Financial Protection Bureau (CFPB).“The CFPB and Director Cord

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (May 22, 2013) — Mortgage applications decreased 9.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 17, 2013.  The Market Composite Index, a meas

  • MBA Calls for Expansion of GSE Risk Sharing

    WASHINGTON, D.C. (May 20, 2013) – The Mortgage Bankers Association (MBA) today released Up-Front Risk Sharing: Ensuring Private Capital Delivers for Consumers, a concept paper suggesting the Federal Housing Finance Agency (FHFA) require Fannie Mae and Freddie Mac (collectively, the

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (May 15, 2013) — Mortgage applications decreased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2013.  The Market Composite Index, a meas

  • Mortgage Delinquency Rates Increase, But Foreclosure Inventory Rate Down Sharply

    WASHINGTON, D.C. (May 9, 2013) — The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 7.25 percent of all loans outstanding at the end of the first quarter of 2013, an increase of 16 basis points from the prev

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (May 8, 2013) — Mortgage applications increased 7.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 3, 2013.  The Market Composite Index, a measur

  • MBA CEO David H. Stevens Presents Actionable First Steps for Secondary Market Reform

    MBA CEO David H. Stevens Presents Actionable First Steps for Secondary Market ReformLowers Costs to Consumers, Reduces Taxpayer Risk, and Boosts Liquidity [Please Note: These are prepared remarks from MBA`s 2013 Secondary Market Conference & Expo. Mr. Stevens may add or subtract from these re

  • Mortgage Refinance Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (May 1, 2013) — Mortgage applications increased 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 April 26, 2013.  The Market Composite Index, a mea

  • Statement of David Stevens on Nomination of Representative Mel Watt to be FHFA Director

    Washington, D.C. (May 1, 2013) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement in response to the announcement that U.S. Representative Mel Watt will be nominated as Director of the Federal Housing Finance Agency

  • MBA Presents Burton C. Wood Legislative Service Award to Arvest Mortgage Company’s Todd White

    Washington, D.C. (April 25, 2013) - The Mortgage Bankers Association (MBA) has presented its annual Burton C. Wood Legislative Service Award to G. Todd White, CMB, Senior Vice President – Loan Production Manager at Arvest Mortgage Company in Lowell, AR.  The award was presented at

  • MBA and EverFi Providing Financial Literacy Education to 10,000 American Consumers

    Washington, DC (April 24, 2013) – The Mortgage Bankers Association (MBA) today announced that the initial stage of its partnership with EverFi, the nation’s leading education technology company, will provide interactive, web-based financial literacy education to more than 10,000

  • Mortgage Applications Increase Slightly in Latest MBA Weekly Survey

    WASHINGTON, D.C. (April 24, 2013) — 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 April 19, 2013.  The Market Composite Index, a

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (April 17, 2013) — Mortgage applications increased 4.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 12, 2013.  The Market Composite Index, a

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (April 10, 2013) — Mortgage applications increased 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 April 5, 2013.  The Market Composite Index, a m

  • MBA’s Stevens Testifies on FHA

    WASHINGTON, D.C. (April 10, 2013) – David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA), testified today before the U.S. House of Representatives Financial Services Subcommittee on Housing and Insurance at a hearing entitled “Sustainable Housing Finan

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (April 3, 2013) — Mortgage applications decreased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 29, 2013.  The Market Composite Index, a m

  • MBA: Despite Higher Volumes, Independent Mortgage Banker Per-Loan Profits Decrease in the Fourth Quarter as the Cost to Originate Rises

    WASHINGTON, DC (April 2, 2013) – Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $2,256 on each loan they originated in the fourth quarter of 2012, down from $2,465 per loan in the third quarter, as increasing costs outweighed higher

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (March 27, 2013) — Mortgage applications increased 7.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 22, 2013.  The Market Composite Index, a

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (March 20, 2013) — 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 March 15, 2013.  The Market Composite Index, a

  • MBA Promotes Ken Markison to Vice President and Regulatory Counsel

    WASHINGTON, D.C. (March 18, 2013) – David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA), today announced the promotion of Kenneth A. Markison, Esq., formerly Associate Vice President and Regulatory Counsel, to Vice President and Regulatory Counsel.  In hi

  • MBA Applauds Bill to Clarify Points and Fees Calculation for Qualified Mortgage Rule

    WASHINGTON, D.C. (March 14, 2013) – Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), applauded H.R. 1077, the Consumer Mortgage Choice Act, introduced earlier in March in the U.S. House of Representatives by Rep. Bill Huizenga (R-MI).  The bipartisan bill wou

  • MBA Statement on the Jumpstart GSE Reform Act

    WASHINGTON, D.C. (March 14, 2013) – David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA), issued the following statement in response to the recently released “Jumpstart GSE Reform Act”: “The Jumpstart GSE Reform Act is yet another clear

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (March 13, 2013) — Mortgage applications decreased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 8, 2013.  The Market Composite Index, a m

  • New Report Shows Housing Demand Among Immigrants to Grow Nationwide

    WASHINGTON, DC (March 6, 2013) – Homeownership and rental demand of foreign-born households will continue to increase as growing numbers of immigrants settle longer in the United States, according to a new report sponsored by the Mortgage Bankers Association’s (MBA) Research Instit

  • Mortgage Applications Increase as Rates Drop in Latest MBA Weekly Survey

    WASHINGTON, D.C. (March 6, 2013) — Mortgage applications increased 14.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 1, 2013.  The Market Composite Index, a m

  • MBA’s David Stevens Testifies on FHA

    WASHINGTON, D.C. (February 28, 2013) – David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA), testified today before the U.S. Senate Committee on Banking, Housing and Urban Affairs at a hearing titled, “Addressing FHA’s Financial Condition and

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (February 27, 2013) — Mortgage applications decreased 3.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 22, 2013 This week’s results did not incl

  • Statement of MBA’s David Stevens on Bipartisan Policy Center’s Housing Commission Report

    WASHINGTON, D.C. (February 25, 2013) – David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA), issued the following statement in response to the Bipartisan Policy Center’s Housing Commission (the Commission) report America’s Housing Future:

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (February 20, 2013) — Mortgage applications decreased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 15, 2013.  The Market Composite Ind

  • Mortgage Delinquency and Foreclosure Rates Finished 2012 Down Sharply

    DALLAS, TX (February 21, 2013) — The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 7.09 percent of all loans outstanding at the end of the fourth quarter of 2012, the lowest level since 2008, a decrease of 31 ba

  • Remarks by MBA’s President and CEO David Stevens at MBA’s National Servicing Conference & Expo

    Dallas, Texas (February 20, 2013) – David H. Stevens, President and CEO of the Mortgage Bankers Association, today delivered a speech at MBA’s National Mortgage Servicing Conference & Expo.              

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (February 13, 2013) — Mortgage applications decreased 6.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 8, 2013.  The Market Composite Inde

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (February 6, 2013) — Mortgage applications increased 3.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 1, 2013.  Last week’s results include

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (January 30, 2013) — Mortgage applications decreased 8.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 25, 2013.  The results include an adjustment

  • Statement of David Stevens on Nomination of Richard Cordray as Director of the CFPB

    WASHINGTON, D.C. (January 24, 2013) – David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA), issued the following statement regarding the nomination of Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). “As Director, Richa

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