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    Commercial/Multifamily Mortgage Debt Rises to $3.11 Trillion; CMBS Debt Outstanding Reverses Years-Long Decline

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 12, 2017)- The level of commercial/multifamily mortgage debt outstanding increased by $45.4 billion, or 1.5%, to $3.11 trillion in the third quarter of 2017 as all four major investor groups, including Commercia...


    MBA Chairman-Elect Chris George Testifies on Regulatory Relief

    CONTACT Name EMAIL@mba.org (202) 557- 27XX WASHINGTON, D.C. (December 7, 2017) - Christopher M. George, Chairman-Elect of the Mortgage Bankers Association (MBA) and the founder, President and CEO of CMG Financial, testified today before the U.S. House of Representatives Financ...


    MBA Applauds HUD Announcement on PACE Loan Reforms

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 7, 2017)- Mortgage Bankers Association (MBA) President and CEO David H. Stevens, CMB, issued the following statement in response to the Department of Housing and Urban Development's revised polici...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 6, 2017) - Mortgage applications increased 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 December 1, 2...


    MBA Statement on Senate Banking Committee Approval of Regulatory Relief Bill

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 5, 2017) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA) released the following statement applauding the Senate Banking Committee and Chairman Mike C...


    MBA Applauds Senate for Inclusion of Rounds Amendment in Tax Bill

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 2, 2017) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association, offered the following statement praising efforts by Senate Leadership, Senator Mike Rounds (R-SD), Senate F...


    Independent Mortgage Bank Production Profits Down in Third Quarter 2017

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 30, 2017) - Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $929 on each loan they originated in the third quarter of 2017, down from a reported gain of $1,122 per ...


    Third Quarter Commercial/Multifamily Delinquencies Remain Low

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 Bank Delinquencies Match Lowest on Record WASHINGTON, D.C. (November 30, 2017)- Delinquency rates for commercial and multifamily mortgage loans were relatively flat in the third quarter of 2017, according to the Mortgage Bankers Associat...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 29, 2017) - Mortgage applications decreased 3.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 24,...


    MISMO Welcomes 32 New Members in 2017

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 28, 2017)- The Mortgage Industry Standards Maintenance Organization (MISMO) is pleased to welcome 32 new members in 2017.  "We are excited to welcome these new companies and individuals to MI...


    MBA Calls on Senate to Fix Tax Bill's Treatment of Mortgage Servicing Rights

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (November 28, 2017) - David H. Stevens, President and CEO of the Mortgage Bankers Association, released the following statement regarding a provision (Section 13221 ) in the Senate Tax Reform Bill that woul...


    Mortgage Applications Slightly Increase in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 22, 2017) - Mortgage applications increased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 17,...


    Delinquencies Up in MBA’s National Delinquency Survey for Q3 2017

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 September Hurricanes and Payment Timing Issues Drive Earliest-Stage Delinquencies  WASHINGTON, D.C. (November 17, 2017) - The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a sea...


    MBA Statement on Senate Regulatory Relief Legislation

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (November 16, 2017) - David H. Stevens, President and CEO of the Mortgage Bankers Association, released the following statement applauding Chairman Mike Crapo (R-Idaho) and a bipartisan group of cosponsors ...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 15, 2017) - Mortgage applications increased 3.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 10,...


    MBA Statement on FHA's Annual Report to Congress

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (November 15, 2017) - David H. Stevens, CMB, President & CEO of the Mortgage Bankers Association, issued the following statement regarding FHA's Annual Report to Congress."FHA and its leadership should ...


    MBA Statement on Resignation of CFPB Director Richard Cordray

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (November 15, 2017) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association, released the following statement regarding the resignation of Richard Cordray as director of the Consumer ...


    New Home Purchase Mortgage Applications Rebound in October, Up 16.1 Percent Year Over Year

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 14, 2017) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2017 shows mortgage applications for new home purchases increased 16.1 percent compared to October 2016. Compa...


    MBA Statement on House Passage of NFIP Reauthorization

    CONTACT Rob Van Raaphorst  rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (November 14, 2017) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), release the following statement praising the House of Representatives for passing H....


    Commercial/Multifamily Borrowing Up 21 Percent Year-over-Year

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 9, 2017)- According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, third quarter 2017 commercial and multifamily mortgage loan originations ...


    Mortgage Applications Flat in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 8, 2017)  -Mortgage applications remained unchanged from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 3,...


    Mortgage Credit Availability Decreases Slightly in October

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727  WASHINGTON, D.C. (November 7, 2017) - Mortgage credit availability decreased slightly in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which ana...


    MBA Lauds Passage of H.R. 2148, Clarifying Commercial Real Estate Loans Act

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 7, 2017) - Today, David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), released the following statement, praising the House of Representatives for passing by a voice vote H.R....


    Mortgage Credit Availability Decreases in December

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727  WASHINGTON, D.C. (January 9, 2018) - Mortgage credit availability decreased in December according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data fro...


    MBA Statement on House GOP Tax Proposal

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (November 2, 2017) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), made the following statement regarding the House Republicans tax plan: "MBA strongly supports the go...


    MISMO Announces New Licenses for Standards and Collateral

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, DC (November 2, 2017) - MISMO, the Mortgage Industry Standards Maintenance Organization, is revising the licenses required to use MISMO standards and collateral. The new licenses, effective for standards and collateral issued ...


    MBA President and CEO David Stevens Testifies on Housing Finance Reform

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (January 30, 2015) - WASHINGTON, D.C. (November 2, 2017)- David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), testified today before the House Financial Services Com...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 1, 2017) - 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 27, 2...


    MBA Forecasts Commercial/Multifamily Originations Flat in 2018

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON D.C. (October 26, 2017) - The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations will increase in 2017, ending the year at $515 billion, up 5 percent from the 2016 volumes. MBA expects ...


    MBA’s Future Leaders Program Graduates 72 Residential and Commercial/Multifamily Real Estate Finance Professionals

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 DENVER, CO (October 26, 2017) - The Mortgage Bankers Association (MBA) today recognized a total of 72 mortgage professionals -- 38 from the residential market segment and 34 from the commercial/multifamily market segment -- in a graduatio...


    MBA’s Stevens to Retire

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 Search for New CEO Begins Immediately WASHINGTON, D.C. (October 25, 2017) - Mortgage Bankers Association (MBA) President and CEO, David H. Stevens today announced his plans to retire on September 30, 2018.  Stevens wi...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 30, 2015) - WASHINGTON, D.C. (October 25, 2017) - Mortgage applications decreased 4.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Su...


    MBA Forecasts Purchase Originations to Increase to $1.2 Trillion in 2018

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 Refinance Activity Expected to Continue Decline WASHINGTON, D.C. (January 30, 2015) - DENVER, CO (October 24, 2017) - The Mortgage Bankers Association announced today that it expects to see $1.2 trillion in purchase mortgage originations...


    MORPAC Honors Fowler Williams, CMB with the 2017 Distinguished Schumacher-Bolduc Award

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 DENVER, CO (October 23, 2017) - The Mortgage Bankers Association Political Action Committee (MORPAC) today awarded Fowler Williams, CMB, President and CEO at Crescent Mortgage Company, with the 2017 Schumacher-Bolduc Award at the associat...


    Arch MI and CMG Foundation Presented with MBA Opens Doors Foundation Community Champion Award

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 30, 2015) - DENVER, CO (October 24, 2017) - Today, the Mortgage Bankers Association (MBA) announced that Arch Mortgage Insurance and the CMG Foundation are the recipients of the MBA Opens Doors Foundation (ODF) 2...


    Prepared Remarks of MBA Chairman Dave Motley, CMB, at the 2017 MBA Annual Convention and Expo

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 DENVER, CO (October 23, 2017)- Dave Motley, CMB, MBA Chairman and President of Colonial Savings, F.A. ,delivered the following remarks at MBA's 2017 Annual Convention and Expo in Denver, Colorado. [Please Note: These are p...


    MBA Elects 2018 Board of Directors

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (January 30, 2015) - DENVER, CO (October 22, 2017) - The Mortgage Bankers Association (MBA) today swore in its Board of Directors for the 2018 membership year at MBA's Annual Convention & Expo in Denver...


    Griffith J. Straw, Master CMB, Presented with MBA Education Rosser Lifetime Achievement Award

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 30, 2015) - DENVER, CO (October 22, 2017) - The Mortgage Bankers Association (MBA) today presented Griffith (Griff) J. Straw, Master CMB, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award....


    MBA Announces Governors and Committee Chairs for 2018

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 DENVER, CO (October 22, 2017) - The Mortgage Bankers Association (MBA) today announced its new members of the Residential Board of Governors (RESBOG), members of the Commercial Real Estate/Multifamily Finance Board of Gover...


    MBA Recognizes 40 New Certified Mortgage Banker Graduates

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 30, 2015) - DENVER, CO (October 22, 2017) - MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 40 individuals who earned the Certified Mortgage Banker (...


    MBA Announces 2017 Residential Diversity & Inclusion Leadership Award Winners

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 DENVER, CO (October 22, 2017) - The Mortgage Bankers Association (MBA) today announced winners for its annual awards recognizing member companies for their leadership in diversity and inclusion. Companies were evaluated in two groups...


    Dave Motley, CMB, Sworn in as 2018 MBA Chairman

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 DENVER, CO (October 22, 2017) - Dave Motley, CMB, President of Colonial Savings, F.A. and its divisions -- Colonial National Mortgage and CU Members Mortgage, was sworn in today as Chairman of the Mortgage Bankers Associati...


    Multifamily Lending Up 8 Percent in 2016

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 19, 2017) - Multifamily lending was up 8 percent year over year in 2016, with nearly three thousand different multifamily lenders providing a total of $269.2 billion in new mortgages for apartment buildings with ...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 18, 2017) - Mortgage applications increased 3.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 13, 2...


    September New Home Purchase Mortgage Applications Decreased 7.5 Percent Year over Year

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 12, 2017) - The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for September 2017 shows mortgage applications for new home purchases decreased 7.5 percent compared to September 2016. Co...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 11, 2017) - 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 October 6, 20...


    Purchase Apps Up, Refi Apps Down in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 30, 2015) - WASHINGTON, D.C. (October 4, 2017) - Mortgage applications decreased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Sur...


    MBA Statement on Passage of Bipartisan Flood Insurance Title in FAA extension

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (September 28, 2017) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), made the following statement applauding the House of Representatives for passing bipartisan, b...


    MBA Welcomes 14 New Members in August

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (September 28, 2017) - Today, the Mortgage Bankers Association (MBA) announced that in August it welcomed 14 new regular members to its ranks, which currently numbers more than 2,200 member companies. ...


    Mortgage Applications Slightly Decrease in Latest MBA Weekly Survey

    CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (September 27, 2017) - Mortgage applications decreased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 2...


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