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    MBA Awards Over $90,000 in Path to Diversity Scholarships

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (June 10, 2019) - The Mortgage Bankers Association (MBA) today announced that it awarded over $90,000 in scholarships to 101 women and minorities under its Path to Diversity (P2D) Scholarship Program during t...


    Commercial and Multifamily Mortgage Delinquencies Remain Low in First Quarter of 2019

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (June 10, 2019) - Commercial and multifamily mortgage delinquencies stayed low in the first quarter of 2019, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily Delinquency Rep...


    IMBs Report Increased Profitability in the First Quarter of 2019

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (June 6, 2019) - Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $285 on each loan they originated in the first quarter of 2019, up from a reported loss o...


    MBA Releases Lender Disclosure Template for Adjustable-Rate Mortgage Borrowers in Preparation for LIBOR Sunset

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (June 6, 2019) - With the discontinuation of the London Interbank Offered Rate (LIBOR) likely on the horizon, the Mortgage Bankers Association (MBA) released today a disclosure template for residential mortga...


    MBA’s Lisa Haynes Presented with a Diversity & Inclusion Award by CIFS

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (June 5, 2019) - Lisa Haynes, Chief Financial and Diversity and Inclusion Officer of the Mortgage Bankers Association (MBA), was presented with a 2019 Diversity & Inclusion Award by the Council for ...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (June 5, 2019) - Mortgage applications increased 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 May ...


    MBA Survey on LIBOR Transition Finds a Mix of Preparation and Uncertainty Among Commercial and Multifamily Real Estate Firms

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 MBA to release LIBOR disclosure template for mortgage lenders and consumers on June 6WASHINGTON, D.C. (June 4, 2019) - Commercial and multifamily real estate finance firms are preparing for the transition away from the London...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 29, 2019) - Mortgage applications decreased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May ...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 22, 2019) - Mortgage applications increased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May ...


    Prepared Remarks of MBA President and CEO Bob Broeksmit, CMB, at the 2019 MBA National Secondary Market Conference & Expo

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 NEW YORK (May 20, 2019) - Bob Broeksmit, CMB, MBA President and CEO, delivered the following remarks here at MBA's 2019 National Secondary Market Conference & Expo.[Please Note: These are prepared remarks. Mr. ...


    MBA Renames State and Local Leadership Award for Marianne Collins, Executive Director of the Ohio MBA

    CONTACT Rob Van Raaphorst RVanRaaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (May 16, 2019) - Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), announced today that MBA has renamed its award for outstanding state and local association leader...


    April New Home Purchase Mortgage Applications Increased 15.6 Percent

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 16, 2019) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2019 shows mortgage applications for new home purchases increased 15.6 percent from a year ago. Compared...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 15, 2019) - Mortgage applications decreased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May ...


    Commercial/Multifamily Originations Increase 12 Percent in the First Quarter

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 14, 2019) - Commercial and multifamily mortgage loan originations rose 12 percent in the first quarter compared to the same period last year, according to the Mortgage Bankers Association's (MBA) Quarter...


    Mortgage Delinquencies Rise in the First Quarter of 2019

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 14, 2019) - - The delinquency rate for mortgage loans on one-to-four-unit residential properties rose to a seasonally adjusted rate of 4.42 percent of all loans outstanding at the end of the first q...


    MISMO® Seeks Public Comment on New Logical Data Model

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 13, 2019) - MISMO®, the mortgage industry's standards organization, announced the release of a new MISMO logical data model (LDM) for a 90-day public comment period. The comment period remains open f...


    Statement of Bob Broeksmit on New FHA Lender Certification Requirements

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557-2799 WASHINGTON, D.C. (May 9, 2019) - Robert Broeksmit, CMB, President and CEO of the Mortgage Bankers Association, released the following statement regarding the newly proposed FHA guidelines on Loan-Level and Annual Certificati...


    Mortgage Credit Availability Increased in April

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 9, 2019) - Mortgage credit availability increased in April according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie M...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 8, 2019) - Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 3...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 1, 2019) - 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 April...


    Ernie Jolly Joins MBA as Associate Vice President of Legislative Affairs

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (May 1, 2019) - The Mortgage Bankers Association (MBA) announced today that Ernie Jolly has joined MBA as Associate Vice President of Legislative Affairs. In this role, he will be responsible for advocating o...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (April 24, 2019) - 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 Ap...


    Independent Mortgage Bankers’ Production Volume and Profits Down in 2018

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (April 17, 2019) - Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $367 on each loan they originated in 2018, down from $711 per loan in 2017, the Mortgage Ba...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (April 17, 2019) - Mortgage applications decreased 3.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week endi...


    Mortgage Bankers’ Commercial/Multifamily Originations Rise to Record $573.9 Billion in 2018

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (April 11, 2019) - Commercial and multifamily mortgage bankers closed a record $573.9 billion in loans in 2018, according to the Mortgage Bankers Association's (MBA) 2018 Commercial Real Estate/Multifamily Fi...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (April 10, 2019) - Mortgage applications decreased 5.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Ap...


    March New Home Purchase Mortgage Applications Increased 7 Percent

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (April 9, 2019) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2019 shows mortgage applications for new home purchases increased 7 percent compared to a year ago. Com...


    Statement of Bob Broeksmit on Confirmation of Mark Calabria to be Director of the FHFA

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (April 4, 2019) - Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), on the Senate confirmation of Mark Calabria to be Director of the Federal Housing F...


    Mortgage Credit Availability Increased in March

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (April 4, 2019) - Mortgage credit availability increased in March 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. (April 3, 2019) - Mortgage applications increased 18.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Ma...


    MBA Releases Fourth Quarter 2018 Commercial/Multifamily DataBook

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (April 1, 2019) - The Mortgage Bankers Association's (MBA) fourth quarter of 2018 Commercial/Multifamily DataBook is now available.   The report summarizes major trends that developed during th...


    Hamilton Group Funding’s Mark Korell Joins MBA Opens Doors Foundation Board of Directors

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 29, 2019) - The MBA Opens Doors Foundation (Opens Doors) today announced that Mark L. Korell, Chairman of Hamilton Group Funding, has joined its Board of Directors. Opens Doors provides mortgage and rental ...


    Statement of Bob Broeksmit on Presidential Memorandum Initiating Housing Reform

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (March 28, 2019) - Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), on President Trump signing an executive memorandum designed to initiate reform of ...


    MBA Releases 2018 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 28, 2019) - According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association (MBA), the following firms were the top commercial/multifamily mortgag...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 27, 2019) - Mortgage applications increased 8.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 2...


    MBA's CEO Broeksmit Testifies on Housing Finance Reform

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (March 27, 2019) - Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), testified today before the Senate Committee on Banking, Housing, and Urban Affairs at a hearing on t...


    IMBs Report Losses in the Fourth Quarter of 2018

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 26, 2019) - Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net loss of $200 on each loan they originated in the fourth quarter of 2018, down from a reported gain o...


    MISMO® Seeks Input on Expanded JSON Standards Initiative

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 26, 2019) - MISMO, the mortgage industry's standards organization, is expanding its JavaScript Object Notation (JSON) initiatives. A new group, known as the JSON Development Workgroup, will create guideline...


    MBA Announces $2 Million Investment in MISMO

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (March 25, 2019) - The Mortgage Bankers Association (MBA) announced today a $2 million investment in MISMO®, the Mortgage Industry's Standards Organization. The announcement was made by Chris George, MB...


    MISMO® Recommends DMN™ Standard

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 25, 2019) - MISMO®, the mortgage industry's standards organization, today recommended the use of the Decision Model and NotationTM (DMNTM) standard for documentation, implementation, execution and excha...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 20, 2019) - 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 March 1...


    Commercial/Multifamily Mortgage Debt Climbs 6.8 Percent to $3.39 Trillion in 2018

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 14, 2019) - The level of commercial/multifamily mortgage debt outstanding at the end of 2018 was $216 billion (6.8 percent) higher than at the end of 2017, according to the Mortgage Bankers Association's (M...


    February New Home Purchase Mortgage Applications Increased 3 Percent

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 14, 2019) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2019 shows mortgage applications for new home purchases increased 3 percent compared from a year ago. Co...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 13, 2019) - Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 8...


    MBA Releases New Paper, The Roadmap to CFPB 2.0

    CONTACT John Mechem jmechem@mba.org (202) 557-2924 WASHINGTON, D.C. (March 11, 2019) - The Mortgage Bankers Association (MBA) today released a new paper, The Roadmap to CFPB 2.0, which details recommendations to ensure stability and consistent consumer protections in the Consumer Financ...


    Commercial and Multifamily Mortgage Delinquencies Remain Low in the Fourth Quarter of 2018

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 7, 2019) - Commercial and multifamily mortgage delinquencies remained at a low rate in the final three months of 2018, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily Del...


    Mortgage Credit Availability Increased in February

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 7, 2019) - Mortgage credit availability increased in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from El...


    Mortgage Applications Decrease in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (March 6, 2019) - 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 March 1,...


    Mortgage Applications Increase in Latest MBA Weekly Survey

    CONTACT Adam DeSanctis adesanctis@mba.org (202) 557-2727 WASHINGTON, D.C. (February 27, 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 Febr...


    Statement of Bob Broeksmit on Committee Approval of Mark Calabria’s Nomination to be Director of the Federal Housing Finance Agency

    CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (February 26, 2019) - Statement of Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), on the approval of the nomination of Mark Calabria by the Senate Committee on Bankin...


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