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Commercial/Multifamily Mortgage Debt Increased $51.9 Billion in the Second Quarter of 2019
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 30, 2019) - The level of commercial/multifamily mortgage debt outstanding rose by $51.9 billion (1.5 percent) in the second quarter of 2019, according to the Mortgage Bankers Association's (MBA) la...
Multifamily Lending Jumped 19 Percent to Record High $339.2 Billion in 2018
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 26, 2019) - Favorable market conditions helped spur a 19 percent increase in multifamily lending in 2018 to a new high in dollar volume, according to the Mortgage Bankers Association's (MBA) annual...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 25, 2019) - Mortgage applications decreased 10.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week endi...
Commercial and Multifamily Mortgage Delinquencies Remain Low in the Second Quarter of 2019
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 23, 2019) - Commercial and multifamily mortgage delinquencies remained low in the second quarter of 2019, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily Delinqu...
MBA Statement on Enhancements to the CFPB Consumer Complaint Database
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (September 18, 2019) - Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), regarding enhancements to the CFPB Consumer Complaint Database announced t...
Mortgage Applications Flat in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 18, 2019) - 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 endin...
August New Home Purchase Mortgage Applications Increased 33 Percent
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 17, 2019) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2019 shows mortgage applications for new home purchases increased 33 percent compared to a year a...
MISMO® Seeks Input on New Business Glossary
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 16, 2019) - MISMO®, the mortgage industry's standards organization, is seeking industry feedback during a 60-day public comment period on its new Business Glossary, an online educational resour...
MBA Survey: Life Insurance Companies Could Fund an Additional $10 Billion in Multifamily Lending in 2020
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 Life companies indicate they can hold $50-$120 billion in multifamily loans over the next five years WASHINGTON, D.C. (September 16, 2019) - Life insurance companies have an appetite to increase their multifamily lendin...
MBA Statement on California Rent Control Bill AB-1482
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (September 13, 2019) - Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), regarding California Rent Control Bill AB-1482: "There is a growing housi...
Mortgage Credit Availability Decreased in August
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 12, 2019) - Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 11, 2019) - Mortgage applications increased 2.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week endin...
MBA Releases 2019 Mid-Year Commercial/Multifamily Servicer Rankings
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 10, 2019) - The Mortgage Bankers Association (MBA) today released its mid-year rankings of commercial and multifamily mortgage servicers' volumes as of June 30, 2019. At the top of the list of firm...
MISMO® Releases Final Remote Online Notarization Standards
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 9, 2019) - MISMO®, the mortgage industry's standards organization, today announced the release of its finalized Remote Online Notarization (RON) standards. The RON standards allow the use ...
MBA Forecasts Record Commercial/Multifamily Mortgage Originations and Multifamily Lending in 2019 and 2020
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 9, 2019) - The Mortgage Bankers Association (MBA) forecasts that commercial and multifamily mortgage bankers will close a record $652 billion of loans backed by income-producing properties this yea...
MBA Statement on the Trump Administration Housing Finance Reform Plans
CONTACT Rob Van Raaphorst RVanRaaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (September 5, 2019) - Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), on the release of the housing finance reform reports from the Treasur...
Kelli Burke Joins MBA as Vice President of Commercial Real Estate Finance
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 4, 2019) - The Mortgage Bankers Association (MBA) announced today that Kelli Burke has joined MBA as Vice President of Commercial Real Estate Finance (CREF). Burke's responsibilities will include l...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 4, 2019) - 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...
MISMO® Releases New Industry Loan Application Dataset
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (September 3, 2019) - MISMO®, the mortgage industry's standards organization, today announced the release of the new Industry Loan Application Dataset (iLAD). The iLAD is a compendium of data points ...
MBA Inaugural Study: Modest Growth Anticipated in Home Equity Lending
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 Report analyzes recent activity and lender expectations for home equity loan products WASHINGTON, D.C. (September 3, 2019) - Home equity loan debt outstanding and borrower utilization rates declined in 2018, and mortgage lend...
Mortgage Production Profits Rise in Second Quarter of 2019 to Highest Since 2016
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 29, 2019) - Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $1,675 on each loan they originated in the second quarter of 2019, up from a reported ...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 28, 2019) - Mortgage applications decreased 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 A...
Commercial/Multifamily Borrowing Increased 10 Percent in the Second Quarter
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 22, 2019) - Commercial and multifamily mortgage loan originations were 10 percent higher in the second quarter compared to a year ago, and rose 29 percent from the first quarter of 2019, according to ...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 21, 2019) - 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 A...
MISMO® Seeks Input on Consent Language for Tax Transcripts to Comply with Taxpayer First Act
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 19, 2019) - MISMO®, the mortgage industry's standards organization, today announced that it is seeking industry participants to collaborate on developing standardized language to gain consent...
MBA Commends HUD for Reproposed Draft of FHA Annual Lender Certification
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (August 15, 2019) - Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), released the following statement regarding the U.S. Department of Housing and Urban Development's (H...
July New Home Purchase Mortgage Applications Increased 31.2 Percent
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 15, 2019) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2019 shows mortgage applications for new home purchases increased 31.2 percent compared from a year ag...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 14, 2019) - Mortgage applications increased 21.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending ...
MBA Applauds Finalized FHA Condo Rule
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (August 14, 2019) - Pete Mills, Senior Vice President for Residential Policy and Member Engagement at the Mortgage Bankers Association (MBA), released the following statement applauding the finali...
Mortgage Delinquencies Rise in the Second Quarter of 2019
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 13, 2019) - The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.53 percent of all loans outstanding at the end of the second...
Mortgage Credit Availability Decreased in July
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 8, 2019) - Mortgage credit availability decreased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 7, 2019) - Mortgage applications increased 5.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Au...
MISMO® Hires Jonathan Kearns as Vice President of Technology
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 6, 2019) - MISMO®, the mortgage industry's standards organization, today announced that Jonathan Kearns has joined MISMO as Vice President of Technology. Under MISMO's management by the Mort...
Susan Stewart Honored Among HousingWire’s 2019 Women of Influence
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (August 1, 2019) - Susan Stewart, 2019 Vice Chairman of the Mortgage Bankers Association (MBA) and CEO of SWBC Mortgage, was honored today as one of HousingWire's 2019 Women of Influence. Stewart is exp...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (July 31, 2019) - Mortgage applications decreased 1.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Jul...
MBA Opens Doors Foundation’s Deborah Dubois Presented with the Alyse Childers-Wiley Memorial Award by CMG Financial
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (July 31, 2019) - Deborah Dubois, President of MBA Opens Doors Foundation (Opens Doors), was presented with the Alyse Childers-Wiley Memorial Award by CMG Financial at the CMG Foundation's 9th Annual Wine Tas...
MBA Applauds President Trump for Signing the Protecting Affordable Mortgages for Veterans Act of 2019
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (July 26, 2019) - Today the Mortgage Bankers Association (MBA) applauded President Donald Trump for signing into law the Protecting Affordable Mortgages for Veterans Act of 2019. This bill will remove ...
MISMO® Approves New Remote Online Notarization Standards
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (July 25, 2019) - MISMO®, the mortgage industry's standards organization, today announced the release of its Remote Online Notarization (RON) standards, which include an update to the draft standards issu...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (July 24, 2019) - Mortgage applications decreased 1.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Jul...
MBA and Fannie Mae’s Future Housing Leaders Program Partner to Promote Diversity and Inclusion in the Housing and Mortgage Finance Industries
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (July 24, 2019) - The Mortgage Bankers Association (MBA) and Fannie Mae's Future Housing Leaders program today announced a new partnership to promote diversity and inclusion in the housing finance industry. T...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (July 17, 2019) - Mortgage applications decreased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week endin...
Kristy Fercho of Flagstar Bank Nominated to be 2020 MBA Vice Chairman
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (July 16, 2019) - Today the Mortgage Bankers Association (MBA) announced that Kristy Fercho, Executive Vice President, President of Mortgage at Flagstar Bank, has been nominated to serve as MBA's V...
June New Home Purchase Mortgage Applications Increased 17.9 Percent Year over Year
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (July 11, 2019) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2019 shows mortgage applications for new home purchases increased 17.9 percent compared from a ye...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (July 10, 2019) - Mortgage applications decreased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week endi...
MBA Promotes Lisa Haynes to Senior Vice President, Chief Financial Officer, and Chief Diversity and Inclusion Officer
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (July 10, 2019) - The Mortgage Bankers Association (MBA) today announced the promotion of Lisa J. Haynes, CPA, MBA, to Senior Vice President, Chief Financial Officer, and Chief Diversity and Inclusion O...
Mortgage Credit Availability Increased in June
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (July 9, 2019) - Mortgage credit availability increased in June according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data ...
Dan Fichtler Promoted to Associate Vice President of Housing Finance Policy
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (July 8, 2019) - The Mortgage Bankers Association (MBA) today announced the promotion of Dan Fichtler to Associate Vice President of Housing Finance Policy within the association's Residential Pol...
Mortgage Applications Decreased Slightly in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (July 3, 2019) - 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...
MBA Releases Q1 Commercial/Multifamily DataBook
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (July 1, 2019) - The Mortgage Bankers Association's (MBA) first quarter of 2019 Commercial/Multifamily DataBook is now available. "Low interest rates and strong property values continue to make commercia...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (June 26, 2019) - Mortgage applications increased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Jun...