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  • MBA Statement on CFPB’s Mortgage Servicing Rules

    WASHINGTON, D.C. (January 17, 2013) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the final Mortgage Servicing Rules released today by the Consumer Financial Protection Bureau (CFPB).  “MBA commends Dire

  • MBA’s Stevens Addresses the Exchequer Club of Washington, DC

    WASHINGTON, D.C. (January 16, 2013) –  David H. Stevens, President and CEO of the Mortgage Bankers Association, today delivered a speech to the Exchequer Club of Washington, DC on the housing market and housing policy titled, “Consumers Deserve a Balanced, Transparent, Coordin

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (January 16, 2013) — Mortgage applications increased 15.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 11, 2013.  The Market Composite Inde

  • MBA Chairman Debra Still Comments on Qualified Mortgage/Ability to Repay Rule

    WASHINGTON, D.C. (January 10, 2013) – Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), issued the following statement on the final Qualified Mortgage/Ability to Repay rule released today by the Consumer Financial Protection Bureau (CFPB). “Director Cord

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (January 9, 2013) — Mortgage applications increased 11.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 4, 2013.  The results include an adjustment

  • Mortgage Applications Decrease in Final Two Weeks of the Year

    WASHINGTON, D.C. (January 3, 2013) — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Application Survey for the two weeks ending December 21, 2012 and December 28, 2012. Mortgage applications for the week ending December 28, 2012 decreased 21.6 percent fr

  • Refinance Applications Fall to Lowest Level in Over a Month in Latest MBA Weekly Survey

    WASHINGTON, D.C. (December 19, 2012) — Mortgage applications decreased 12.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 14, 2012.  The Market Composite In

  • MBA Convenes Task Force on the Future of the GSEs in the Single Family Mortgage Market

    WASHINGTON, D.C. (December 18, 2012)– Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA) today announced that the Association has assembled a task force of MBA members to revisit MBA’s groundbreaking 2009 proposal for the future of the secondary mortgage market

  • MBA: Third Quarter Independent Mortgage Banker Profits Increase

    WASHINGTON, DC (December 13, 2012) – Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $2,465 on each loan they originated in the third quarter of 2012, up from $2,152 per loan in the second quarter, the Mortgage Bankers Association (MBA)

  • Mortgage Rates Drop to New Lows in Latest MBA Weekly Survey

    WASHINGTON, D.C. (December 12, 2012) — Mortgage applications increased 6.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 7, 2012.  The Market Composite Inde

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (December 5, 2012) — 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 November 30, 2012.  Last week’s results inclu

  • MBA’s Stevens Asks Congress to Reconsider Increasing Fannie/Freddie Guarantee Fees

    WASHINGTON, D.C. (November 29, 2012) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement today regarding H.R. 6429, a bill that would increase costs for future homebuyers by raising the guarantee fees charged on single family mo

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (November 28, 2012) — Mortgage applications decreased 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 November 23, 2012.  This week’s results inclu

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (November 21, 2012) — Mortgage applications decreased 2.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 16, 2012.  This week’s results inclu

  • MBA Chairman Debra Still Reacts to FHA Actuarial Report

    WASHINGTON, D.C. (November 16, 2012) – Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), issued the following statement today reacting to the release of the Federal Housing Administration’s (FHA) actuarial report on the Mutual Mortgage Insurance (MMI) Fund

  • Mortgage Delinquency and Foreclosure Rates Decreased

    WASHINGTON, D.C. (November 15, 2012) — The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 7.40 percent of all loans outstanding as of the end of the third quarter of 2012, a decrease of 18 basis points from the second

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (November 14, 2012) — Mortgage applications increased 12.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 9, 2012. The Market Composite Index, a me

  • Statement of David Stevens on Basel III Announcement

    Washington, DC (November 9, 2012)   —    David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) today issued the following statement in reaction to the announcement by federal financial regulators that they do not expect new proposed capital req

  • Remarks of David Stevens at MBA’s 2012 Independent Mortgage Bankers Conference

    Dallas, TX (November 8, 2012)   —    David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) today delivered remarks at the association’s inaugural Independent Mortgage Bankers Conference.A copy of Mr. Stevens' remarks can be found to th

  • Storm Leads to Decrease in Mortgage Applications

    WASHINGTON, D.C. (November 7, 2012) — Mortgage applications decreased 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 November 2, 2012.  The Market Composite Index

  • MBA Statement on Re-Election of President Obama

    Washington, DC (November 7, 2012) -- The Mortgage Bankers Association (MBA) released the following statement reacting to the re-election of President Barack Obama. “The Mortgage Bankers Association congratulates President Obama on his re-election and looks forward to con

  • MBA Makes Donation to Sandy Relief Effort, Encourages its Members to Contribute

    Washington, DC (November 6, 2012) – The Mortgage Bankers Association (MBA) announced today it has partnered with Habitat for Humanity to provide $40,000 to help those residents of the Mid-Atlantic and Northeast United States who have been affected by “superstorm” Sandy. MBA h

  • Refinance Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 31, 2012) — Mortgage applications decreased 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 October 26, 2012.  The Market Composite Index

  • MBA Embraces IRS Decision to Accept Electronic Signatures for Tax Return Transcript Requests

    Washington, DC (October 26, 2012) – 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 Transcript of Tax Return. The IRS has indicated it expects

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 24, 2012) — 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 October 19, 2012.  The Market Composite Inde

  • MBA Honors Joe Reppert With Distinguished Service Award

    CHICAGO, IL (October 23, 2012) – 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 service to MBA and the mortgage lending industry in a

  • MBA Sees 2013 Residential Mortgage Originations Hitting $1.3 Trillion, Revises 2012 Estimate Upward to $1.7 trillion

    Chicago, IL (October 23, 2012) — The Mortgage Bankers Association (MBA) expects to see $1.3 trillion in mortgage originations during 2013, largely driven by a spillover of refinances into the first half of the year.  MBA also upwardly revised its estimate of originations for 2

  • MORPAC Honors Jamie Korus, CMB, with the Distinguished 2012 Schumacher-Bolduc Award

    Chicago, IL (October 22, 2012) — 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 Annual Convention and Expo held in Chicago, IL. 

  • MBA Awards Gary Acosta Investing in Communities Award

    CHICAGO, IL (October 23, 2012) – 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 today by the Mortgage Bankers Association (MBA).

  • MBA Announces Members and Leadership of 2013 Residential Board of Governors (RESBOG) and 2013 Residential Committee Chairs

    Chicago, IL (October 21, 2012) – 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 William C. Emerson, CEO of Quicken Loans, Inc in

  • Stevens Calls for Federal Housing Policy Coordinator, Greater Transparency from FHFA

    Chicago, IL (October 22, 2012) —   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.  [Please Note:  These are prepare

  • Paper Examines Historical Origins of America’s Mortgage Laws

    WASHINGTON, DC (October 22, 2012) - 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 Arizona State University and sponsored by MBA’

  • Bill Cosgrove, CMB, Sworn in 2013 MBA Vice Chairman

    Chicago, IL (October 22, 2012) — 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’s 99th Annual Convention & Expo in Chi

  • 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’s 99th Annual Convention &

  • MBA Elects 2013 Board of Directors

    Chicago, IL (October 22, 2012) – 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 chaired by Debra W. Still, CMB, President and CEO of Pulte

  • Debra W. Still, CMB, Sworn in as 2013 MBA Chairman

    Chicago, IL (October 22, 2012) —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 Convention & Expo in Chicago.  As Cha

  • MBA Elects New Officers

    Chicago, IL (October 22, 2012) — 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’s 99th Annual Convention & Expo in Chicago.&n

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 17, 2012) — 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 October 12, 2012.  This week’s results include

  • MBA files Comment Letter to CFPB on Servicing Standards

    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 the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA).&

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 10, 2012) — 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 October 5, 2012.  The Market Composite Index,

  • Mortgage Refinance Applications Highest Since 2009 as Rates Reach Record Lows in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 3, 2012) — 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 September 28, 2012.  The Market Composite Ind

  • Mortgage Rates Drop to New Survey Lows

    WASHINGTON, D.C. (September 26, 2012) — Mortgage applications increased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 21, 2012. The Market Composite Index, a

  • Mortgage Rates Drop to New Survey Lows

    WASHINGTON, D.C. (September 19, 2012) — 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 September 14, 2012. The Market Composite Index, a

  • Pete Mills to Lead MBA's Residential Policy and Member Services

    WASHINGTON, D.C. (September 17, 2012) –  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, effective October 1, 2012.  In this position,

  • MBA Endorses Campbell Bill on Eminent Domain

    WASHINGTON, D.C. (September 13, 2012) –  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 in the U.S. House of Representatives by Congressman

  • Refinance Applications Decline as Rates Increase

    WASHINGTON, D.C. (August 22, 2012) — 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 17, 2012.  The Market Composite Index,

  • MBA Statement on Treasury Announcement of Modifications to Agreements with GSEs

    WASHINGTON, D.C. (August 17, 2012) –  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 Preferred Stock Purchase Agreements (PSPAs) betwe

  • MBA Comments on Proposed Loan Officer Compensation Rule

    WASHINGTON, D.C. (August 17, 2012) –  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 Financial Protection Bureau (CFPB).   &#

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (August 15, 2012) — 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 10, 2012.  The Market Composite Index,

  • MBA Statement on CFPB’s Proposed Mortgage Servicing Rules

    WASHINGTON, D.C. (August 10, 2012) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) announcement of proposed rules that would establish uniform stan

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