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Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 29, 2018) - 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 August 24, 201...
Second Quarter IMB Profits Up over First Quarter, Down Year-over-Year
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 28, 2018) - Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $580 on each loan they originated in the second quarter of 2018, up from a reported loss of $118 per loan ...
MBA Welcomes 12 New Members in June and July
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (August 23, 2018) - Today, the Mortgage Bankers Association (MBA) announced that in June and July it welcomed 12 new regular members to its ranks, which currently numbers more than 2,300 member compani...
Ellie Mae Community Pro-Am Raises $40K for MBA Opens Doors Foundation
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 23, 2018) - The Ellie Mae Community Pro-Am, held during the Ellie Mae Classic and sponsored by HousingWire, produced a $40,000 windfall for its beneficiary, The MBA Opens Doors Foundation (Opens Doors). The 2018 E...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 22, 2018) - Mortgage applications increased 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 August 17, 201...
Commercial/Multifamily Originations Up in Second Quarter, Remain on Pace with Last Year
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 21, 2018) - According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, second quarter 2018 commercial and multifamily mortgage loan originations...
MISMO® Seeks Input on Emerging Technologies
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 17, 2018) - MISMO, the mortgage industry's standards organization, is looking for participants to help identify and monitor emerging technologies that could have a significant impact on the mortgage business. By j...
Mortgage Delinquencies Down in 2nd Quarter of 2018
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 16, 2018) - The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 4.36 percent of all loans outstanding at the end of the second quarter of 2018.&...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 15, 2018) - Mortgage applications decreased 2.0 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, 201...
July New Home Purchase Mortgage Applications Increased 3.6 Percent Year over Year
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 9, 2018) - The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for July 2018 shows mortgage applications for new home purchases increased 3.6 percent compared to July 2017. Compared to Ju...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 8, 2018) - Mortgage applications decreased 3.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 3, 2018....
MISMO® to Help Standardize Third Party Risk Management Practices
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 8, 2018) - MISMO, the mortgage industry's standards organization, is seeking participants for two new groups designed to help improve risk management of 3rd parties while reducing costs for all parties. The first ...
Mortgage Credit Availability Increased in July
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 7, 2018) - Mortgage credit availability increased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRe...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 1, 2018) - 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 July 27, 2018. ...
MBA Statement on Extension of National Flood Insurance Program
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 31, 2018) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), released the following statement praising Congress for passing a four month extension of the Nation...
Mortgage Application Activity and Rates Nearly Flat in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 25, 2018) - 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 July 20, 2018.Th...
MISMO® to Create Standards for Business to Consumer Transactions
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 24, 2018) - MISMO, the mortgage industry's standards organization, is seeking participants to develop standards for conducting consumer transactions on mobile devices. This initiative will focus on identificati...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 18, 2018) - Mortgage applications decreased 2.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 13, 2018. L...
June New Home Purchase Mortgage Applications Decreased 8.8 Percent Year over Year
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 12, 2018) - The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for June 2018 shows mortgage applications for new home purchases decreased 8.8 percent compared to June 2017. Compared to May...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 11, 2018) - Mortgage applications increased 2.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 6, 2018. Th...
MBA Opens Doors Foundation Recognizes Arch Mortgage Insurance Company for $100,000 Gift
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 11, 2018) - The MBA Opens Doors Foundation (Opens Doors) today recognized Arch Mortgage Insurance Company (Arch MI), for a $100,000 gift to support the Foundation's mission of assisting families with criticall...
Mortgage Credit Availability Increased in June
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 10, 2018) - Mortgage credit availability increased in June according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllReg...
EscrowTab Receives MISMO® Software Certification for Paperless Signing Technology
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 9, 2018) - MISMO is pleased to announce that EscrowTab, Inc., a provider of paperless closing technology, has received MISMO certification for their EscrowTab software product. EscrowTab achieved Premiere Level Cert...
RIHA Releases New Report: Quantified Parking - Comprehensive Parking Inventories for Five Major U.S. Cities
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON D.C. (July 9, 2018) - The Mortgage Bankers Association's Research Institute for Housing America (RIHA) today released a new report, Quantified Parking: Comprehensive Parking Inventories for Five Major U.S. Cities, authored by E...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (July 4, 2018) - 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 June 29, 2018. Th...
MBA Hires Holly Cannon as Vice President of Human Resources
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (July 3, 2018) - Today, the Mortgage Bankers Association (MBA) announced Holly Cannon, SHRM-SCP, has been hired as Vice President of Human Resources. She will replace Gene Neill, SPHR, who is retiring after...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 27, 2018) - Mortgage applications decreased 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 June 22, 2018. T...
Commercial/Multifamily Mortgage Debt Outstanding Posts Largest Q1 Increase Since Before Great Recession
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 26, 2018) - The level of commercial/multifamily mortgage debt outstanding increased by $44.3 billion in the first quarter of 2018 as all four major investor groups increased their holdings. That is a 1.4 perce...
MBA Statement on Proposal to Reform Government's Role in Housing Finance
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (June 21, 2018) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement regarding the proposal to reform the government's role in housing finance ...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 20, 2018) - Mortgage applications increased 5.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 15, 2018. ...
MBA Statement on Kathy Kraninger Nomination to be BCFP Director
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 18, 2018) - Dave Motley, CMB, Chairman of the Mortgage Bankers Association (MBA) and President of Colonial Savings, F.A., released the following statement regarding President Trump's nomination of Kathy Kraninger to...
First Quarter Commercial/Multifamily Delinquencies Remain at Low Levels
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 14, 2018) - Delinquency rates for commercial and multifamily mortgage loans were relatively flat in the first quarter of 2018, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency...
May New Home Purchase Mortgage Applications Decreased 0.5 Percent Year over Year
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 14, 2018) -The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2018 shows mortgage applications for new home purchases decreased 0.5 percent compared to May 2017. Compared to April 2...
MBA Announces Path to Diversity Scholarship Winners, Thanks Donors
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 13, 2018)- The Mortgage Bankers Association (MBA) today announced that 86 individual employees from 35 different MBA member companies have been awarded the Path to Diversity (P2D) scholarship in the first seven mont...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 13, 2018) - Mortgage applications decreased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 8, 2018. La...
MBA Research Releases Report on Current Trends in Commercial and Multifamily Mortgage Financing
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 12, 2018) - Mortgage Bankers Association (MBA) Research today released a market overview highlighting the current trends in Commercial/Multifamily real estate finance. The report identifies headwinds and tailwi...
Susan T. Stewart of SWBC Mortgage Nominated to be 2019 MBA Vice Chairman
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (June 12, 2018) - Today, the Mortgage Bankers Association (MBA) announced that Susan T. Stewart, CEO of SWBC Mortgage, has been nominated to serve as Vice Chairman for the 2019 membership year. She will be ...
Mortgage Credit Availability Increased in May
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 12, 2018) - Mortgage credit availability increased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs...
MBA Presents Burton C. Wood Award to Primary Residential Mortgage’s David Zitting
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 8, 2018) - The Mortgage Bankers Association (MBA) has presented its annual Burton C. Wood Legislative Service Award to Primary Residential Mortgage CEO, David Zitting, CMB. The award is given annually to an MBA memb...
MBA Selects Robert D. Broeksmit, CMB to be New President and CEO
CONTACT John Mechem jmechem@mba.org (202) 557- 2924 WASHINGTON, D.C. (June 7, 2018) - Mortgage Bankers Association (MBA) Chairman David Motley, CMB announced today that Robert D. Broeksmit, CMB has been selected President and CEO, replacing David H. Stevens, CMB, who announced last Octo...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 6, 2018) - Mortgage applications increased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 1, 2018. Thi...
Independent Mortgage Bankers Report Net Production Losses in the First Quarter of 2018
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (June 6, 2018) - Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net loss of $118 on each loan they originated in the first quarter of 2018, down from a reported gain of $237 per loan in...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (May 30, 2018) - Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 25, 2018. The...
MISMO® to Create eNote Validation Decision Model
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (May 24, 2018) - MISMO, the mortgage industry's standards organization, is inviting mortgage industry participants to join its new practice community which is developing a decision model to validate eNotes, which are a ke...
MBA Applauds Confirmation of Brian Montgomery as FHA Commissioner
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (May 23, 2018) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), made the following statement regarding the confirmation of Brian Montgomery as the next Federal Hous...
Mortgage Rates Increase, Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (May 23, 2018) - 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 May 18, 2018. The...
Erin Barry Joins MBA as Associate Vice President of Legislative Affairs
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2727 WASHINGTON, D.C. (May 22, 2018) - The Mortgage Bankers Association (MBA) announced today that Erin Barry has joined MBA as Associate Vice President of Legislative Affairs. In this role, she will be responsible for represent...
MBA Statement on House Passage of S. 2155
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (May 22, 2018) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), released a statement following the passage of S. 2155, the Economic Growth, Regulatory Relief and Consume...
MISMO® Seeks Help to Update Commercial Appraisal Data Standards
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (May 21, 2018) - Fresh off the success of creating new commercial rent roll standards, MISMO, the mortgage industry's standards organization, is seeking industry participants to collaborate on a much-needed...
Commercial/Multifamily Borrowing Up 1 Percent Year-over-Year
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (May 17, 2018) - According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, first quarter 2018 commercial and multifamily mortgage loan originations inc...