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Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (October 31, 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 Octob...
MBA Opens Doors Foundation Celebrates Monumental Fundraising Tally
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (October 30, 2018) - The MBA Opens Doors Foundation (Opens Doors) today announced it raised $685,175 during the Mortgage Bankers Association's 2018 Annual Convention and Expo, held in Washington, D.C., on Oct. 14-...
MBA: Multifamily Lending Increased 6 Percent to a New High of $285 Billion in 2017
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (October 25, 2018) - Strong market conditions helped fuel a 6 percent increase in multifamily lending in 2017, as lenders provided a record high $285 billion in new mortgages for apartment buildings with five or m...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (October 24, 2018) - Mortgage applications rose 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 October 19...
MBA Launches New Business Council for Commercial Real Estate Finance Members
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (October 23, 2018) - The Mortgage Bankers Association (MBA) announced today the formation of the Capital Council, a new business council made up of commercial real estate finance professionals from MBA member firm...
Mortgage Applications Decline in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 17, 2018) - 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 Octo...
MBA’s Future Leaders Program Graduates 72 Residential and Commercial/Multifamily Real Estate Finance Professionals
CONTACT Adam De Sanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 16, 2018) - The Mortgage Bankers Association (MBA) today recognized a total of 72 mortgage professionals -- 36 from the residential market segment and 36 from the commercial/multifamily market segment ...
MBA Forecast: Purchase Originations to Increase to $1.2 Trillion in 2019
CONTACT Adam De Sanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 16, 2018) - The Mortgage Bankers Association (MBA) announced today at its 2018 Annual Convention and Expo in Washington, D.C., that it expects to see $1.24 trillion in purchase mortgage originations in...
MBA Opens Doors Foundation Announces 2018 Award Winners
CONTACT Adam De Sanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 16, 2018) - The Mortgage Bankers Association (MBA) today announced the recipients of the MBA Opens Doors Foundation (Opens Doors) annual awards, which recognize those who have made lasting contribution...
MORPAC Honors Edgar Bright, CMB, AMP, with the 2018 Distinguished Schumacher-Bolduc Award
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (October 16, 2018) - The Mortgage Bankers Association Political Action Committee (MORPAC) today awarded Edgar Bright, CMB, AMP, President of Standard Mortgage Corporation, with the 2018 Schumacher-Bolduc Aw...
Prepared Remarks of MBA Chairman Chris George, Founder, President and CEO of CMG Financial, at the 2018 MBA Annual Convention and Expo
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (October 15, 2018) - Chris George, Founder, President and CEO of CMG Financial, was sworn in today as Chairman of the Mortgage Bankers Association (MBA) during the association's 2018 Annual Convention &...
Prepared Remarks of MBA President and CEO Bob Broeksmit, CMB, at the 2018 MBA Annual Convention and Expo
CONTACT Adam De Sanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 15, 2018) - Bob Broeksmit, CMB, MBA President and CEO, delivered the following remarks at MBA's 2018 Annual Convention and Expo in Washington, D.C. [Please Note: These are prepared remarks. Mr. Broeksm...
MBA Announces Retirement of Griff Straw from School of Mortgage Banking
CONTACT Adam De Sanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 15, 2018) - The Mortgage Bankers Association (MBA) announces the retirement of Griff Straw, CMB, from the teaching faculty of the School of Mortgage Banking (SOMB). Griff, a longtime ...
MBA Honors Rich Bennion with Woodward Distinguished Service Award
CONTACT Adam De Sanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 15, 2018) - The Mortgage Bankers Association (MBA) today honored Rich Bennion, Executive Vice President of HomeStreet, Inc., and HomeStreet Bank with its Andrew D. Woodward Distinguished Service Award....
Peter J. Taglia, CMB, Presented with CMB Society’s Rosser Lifetime Achievement Award
CONTACT Adam De Sanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 14, 2018) - The Certified Mortgage Bankers (CMB) Society today presented Peter J. Taglia, CMB, SVP, FTN Financial Capital Assets Corporation, a subsidiary of First Tennessee Bank, with its E. Michael R...
MBA Elects 2019 Board of Directors
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (October 14, 2018) - The Mortgage Bankers Association (MBA) today swore in its Board of Directors for the 2019 membership year at MBA's Annual Convention & Expo in Washington, D.C. The Board of Director...
MBA Announces Governors and Committee Chairs for 2019
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (October 14, 2018) - The Mortgage Bankers Association (MBA) today announced the members of its Residential Board of Governors (RESBOG), members of its Commercial Real Estate/Multifamily Finance Board o...
MBA Announces 2018 Diversity & Inclusion Residential Leadership Award Winners
CONTACT Adam De Sanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 14, 2018) - The Mortgage Bankers Association (MBA) today announced at its 2018 Annual Convention and Expo that four companies have been recognized as a 2018 Diversity and Inclusion Residential Leadersh...
Chris George Sworn in as 2019 MBA Chairman
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (October 14, 2018) - Chris George, Founder, President and CEO of CMG Financial, was sworn in today as Chairman of the Mortgage Bankers Association (MBA) during the association's 2018 Annual Convention &...
MBA Recognizes 22 New Certified Mortgage Banker Graduates
CONTACT Adam De Sanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 14, 2018) - MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 22 individuals who earned the Certified Mortgage Banker (CMB®) designation at a...
MISMO® Seeks Input on Standardized Dataset for Private Label Mortgage Assets
CONTACT Adam De Scantis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 11, 2018) - MISMO, the mortgage industry's standards organization, is seeking participants to define a standardized mortgage asset dataset to support rating agency asset valuation efforts necessar...
September New Home Purchase Mortgage Applications Increased 8.2 Percent
CONTACT Adam De Scantis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 11, 2018) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2018 shows mortgage applications for new home purchases increased 8.2 percent compared to Septembe...
Mortgage Applications Decline in Latest MBA Weekly Survey
CONTACT Adam De Scantis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 10, 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 Oc...
Mortgage Credit Availability Decreased in September
CONTACT Adam De Scantis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 4, 2018) - 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 ...
Mortgage Applications Flat in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 3, 2018) - 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 Septemb...
MBA, ACUMA Announce Education and Training Partnership
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (October 3, 2018) - The Mortgage Bankers Association (MBA) and the American Credit Union Mortgage Association (ACUMA) today announced a new education and training partnership that will offer members of ACUM...
MBA Praises Passage of H.R. 6737, The Protect Affordable Mortgages for Veterans Act of 2018
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (September 27, 2018) - Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), made the following statement regarding the passage of H.R. 6737, The Protect Affordable Mortgage...
Second Quarter Commercial/Multifamily Mortgage Debt Increased $52.3 Billion
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (September 27, 2018) - The level of commercial/multifamily mortgage debt outstanding increased by $52.3 billion in the second quarter of 2018, as all four major investor groups increased their holdings. Tha...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (September 26, 2018) - Mortgage applications increased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week end...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (September 19, 2018) - Mortgage applications increased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 1...
AmeriFirst Home Mortgage’s Laura Sherrod First Recipient of Markison Achievement Award
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (September 17, 2018) - The Mortgage Bankers Association (MBA) today awarded Laura Sherrod, Director of Servicing Compliance and Learning Development at AmeriFirst Home Mortgage, with the first annual Ken Markison Legacy A...
August New Home Purchase Mortgage Applications Decreased 4.6 Percent Year over Year
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (September 14, 2018) - The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for August 2018 show mortgage applications for new home purchases decreased 4.6 percent compared to August 2017. Compare...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (September 12, 2018) - Mortgage applications decreased 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 September 7...
Mortgage Credit Availability Decreased in August
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (September 11, 2018) - Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's...
MBA’s Broeksmit, Essent Guaranty’s Bradley Join MBA Opens Doors Board of Directors
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (September 10, 2018) - The MBA Opens Doors Foundation (Opens Doors) today announced that two new members joined its Board of Directors: Robert D. (Bob) Broeksmit, CMB, President and CEO of MBA, and Jean Bradley, Vice Pres...
Mortgage Applications Slightly Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (September 5, 2018) - Mortgage applications decreased 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 August 31, 2...
Second Quarter Commercial/Multifamily Delinquencies Remain at Low Levels
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (September 4, 2018) - Delinquency rates for commercial and multifamily mortgage loans were relatively flat in the second quarter of 2018, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinq...
MBA Releases 2018 Mid-Year Commercial/Multifamily Servicer Rankings
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (August 30, 2018)- The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily mortgage servicers' volumes as of June 30, 2018. At the top of the list of firms is Wells F...
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 ...