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  • Jamie Korus Appointed MORPAC Chairman for 2015-2016

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 57-2799 WASHINGTON, D.C. (January 7, 2015) - The Mortgage Bankers Association (MBA) announced today that Jamie Korus, CMB, President and Principal of Alliance Financial Resources,LLC, was appointed chairman of the Mortgage Bankers Assoc

  • MBA & CRIS Join Forces to Promote Industry Designations

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 7, 2015) - The Mortgage Bankers Association (MBA) and the Chartered Realty Investor® Society (CRIS) announced today that they have executed an agreement authorizing MBA to maintain and administer the CRIS's indu

  • Mortgage Applications Decreased Over Two Week Period in Latest MBA Weekly Survey

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (January 7, 2015) - Mortgage applications decreased 9.1 percent from two weeks earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Ja

  • MBA Appoints Bill Beckmann, Kyung Cho-Miller, Michelle Korsmo, and Joe Tyrrell to MISMO® Board of Directors

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (December 22, 2014) -  Today, the Mortgage Bankers Association (MBA), parent corporation of the Mortgage Industry Standards Maintenance Organization (MISMO), appointed Bill Beckmann, Kyung Cho-Miller,

  • MBA Welcomes 14 New Members

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2924 WASHINGTON, D.C. (December 19, 2014) -  Today, the Mortgage Bankers Association (MBA) announced that in November it welcomed 14 new regular members to its ranks, which currently numbers more than 2,200 member companie

  • David H. Stevens’ Statement on Senate's Failure to Pass TRIA Legislation

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (December 17, 2014) - David H. Stevens, President & CEO of the Mortgage Bankers Association, issued the following statement on the Senate's failure to pass legislation extending the Terrorism Risk Ins

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Shawn Ryan sryan@mba.org (202) 557-2924 WASHINGTON, D.C. (December 17, 2014) - Mortgage applications decreased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association'

  • MBA Announces Promotion of Rick Hill to Vice President of Industry Technology

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (December 17, 2014) - Today, David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), announced the promotion of Rick Hill, a staff member in the Research and Industry Technology Gro

  • MBA Announces Five Year-End Promotions

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (December 17, 2014) - Today, David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), announced the promotion of five MBA staff.  The promotions will be effective January 1, 201

  • Commercial/Multifamily Mortgage Debt Rises to Record High

    Washington, DC (December 16, 2014) – The level of commercial/multifamily mortgage debt outstanding increased by $28.6 billion in the third quarter of 2014, as the four major investor groups increased their holdings.  That is a 1.1 percent increase over the second quarter of 2014.&nb

  • Applications for New Home Purchases Decreased in November

    WASHINGTON, D.C. (December 11, 2014) — The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2014 shows mortgage applications for new home purchases decreased by 22 percent relative to the previous month.  This change does not include any adjustme

  • David H. Stevens’ Statement on TRIA Legislation

    WASHINGTON, D.C. (December 10, 2014) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), released the following statement on legislation to extend the Terrorism Risk Insurance Act, commonly known as TRIA, that passed the U.S. House of Representatives today.

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (December 10, 2014) — Mortgage applications increased 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 December 5, 2014.  The Market Composite Inde

  • Mortgage Credit Availability Increases in November

    WASHINGTON, D.C. (December 9, 2014) — Mortgage credit availability increased in November 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.  Th

  • Independent Mortgage Bankers Profits Drop Slightly Despite Higher Volume in the Third Quarter of 2014

    WASHINGTON, D.C. (December 4, 2014) — Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $897 on each loan they originated in the third quarter of 2014, down slightly from a reported gain of $954 per loan in the second quarter of 2014, the Mort

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (December 3, 2014) — 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 November 28, 2014.  This week’s results includ

  • Commercial/Multifamily Delinquencies Continue Decline in Third Quarter

    Washington, DC (December 2, 2014) – Delinquency rates for commercial and multifamily mortgage loans continued to decline in the third quarter of 2014, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report. During the third quarter of

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (November 26, 2014) — 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 November 21, 2014.  The previous week’s resul

  • 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

  • Statement from MBA President & CEO David Stevens about GSE Announcements regarding Rep & Warrant Relief and Comp Fees

    WASHINGTON, D.C. (November 20, 2014) — David H. Stevens President & CEO of the Mortgage Bankers Association, released the following statement regarding the GSEs announcements about representation & warrant relief and compensatory fees. “MBA applauds these announcemen

  • MBA Releases White Paper on the Market for Mortgage Assets

    Analyzes Post-Quantitative Easing Environment

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (November 19, 2014) — Mortgage applications increased 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 14, 2014.  This week’s results inclu

  • 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

  • Mortgage Delinquencies Continue to Decrease in Third Quarter

    WASHINGTON, D.C. (November 14, 2014) — The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.85 percent of all loans outstanding at the end of the third quarter of 2014.  The delinquency rate decreased for the

  • Applications for New Home Purchases Increased in October

    WASHINGTON, D.C. (November 13, 2014) — The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2014 shows mortgage applications for new home purchases increased by 8 percent relative to the previous month.  This change does not include any adjustment

  • Mortgage Applications Decrease Slightly in Latest MBA Weekly Survey

    WASHINGTON, D.C. (November 12, 2014) — 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 7, 2014.  The Market Composite Inde

  • 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

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 31, 2014.  The Market Composite Index, a measure of mortgage loan application

  • Mortgage Credit Availability Falls in October

    Mortgage credit availability dropped in October 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 decreased 2.5 percent to 113.2 in October. A d

  • Mortgage Applications Decrease in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 29, 2014) — Mortgage applications decreased 6.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 24, 2014.  The Market Composite Index

  • 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

  • Refinance Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (October 22, 2014) — Mortgage applications increased 11.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 17, 2014.  This week’s results did no

  • 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

  • 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

  • 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

  • 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

  • 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.

  • 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

  • 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. 

  • MBA’s Future Leaders Program Recognizes 35 Real Estate Finance Professionals at MBA Annual Convention

    LAS VEGAS, NV (October 20, 2014) – The Mortgage Bankers Association (MBA) today recognized 35 mortgage professionals in a graduation ceremony for MBA’s Future Leaders Program held at MBA's 101st  Annual Convention & Expo in Las Vegas, Nevada. MBA's Future Leaders Pr

  • MBA Education Recognizes 14 Certified Mortgage Bankers During MBA Annual Convention

    LAS VEGAS, NV (October 19, 2014) – MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 14 individuals who earned the Certified Mortgage Banker (CMB) designation at a ceremony held at MBA’s 101st Annual Convention & Expo in L

  • 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

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