Browse all Press Releases
Browse the latest news from MBA. Looking for something specific? Search by keyword to find the exact news you need.
Search Press Releases
Stevens’ Statement on FHA MIP Reduction for Multifamily Mortgages
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 28, 2016) - Housing and Urban Development (HUD) Secretary Julian Castro today announced that Mortgage Insurance Premiums (MIPs) will be reduced for FHA loans on multifamily affordable and energy efficient pr...
Mortgage Applications Increase as Rates Continue to Drop in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 27, 2015) - Mortgage applications increased 8.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 22, 2...
Refinance Mortgage Applications Increase as Rates Fall in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 20, 2016) - Mortgage applications increased 9.0 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 15, 2...
Applications for New Home Purchases Decreased in December
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 20, 2016) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2015 shows mortgage applications for new home purchases decreased by 5 percent relative to the previous month....
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 13, 2016) - Mortgage applications increased 21.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 8, 2...
Standard Mortgage's Steven Bradshaw Testifies on Flood Insurance
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (January 13, 2016) - Steven Bradshaw, Executive Vice President of Standard Mortgage Corporation, on behalf of the Mortgage Bankers Association (MBA), testified today before the House Financial Ser...
MBA’s Stevens' Statement on FHLBank Membership Rule
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (January 12, 2016) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement in response to the Federal Housing Finance Agency's (FHFA) FHLBank...
MBA Welcomes 25 New Members
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 8, 2016) - Today, the Mortgage Bankers Association (MBA) announced that in November and December of 2015 it welcomed 25 new regular members to its ranks, which currently numbers more than 2,200 member compan...
New MBA Survey: Commercial and Multifamily Lenders Expect Strong 2016
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 7, 2016) - Commercial and multifamily mortgage lending is expected to increase in 2016, as lenders' and borrowers' appetites for new loans remain strong, according to a new Mortgage Bankers Association surv...
Mortgage Credit Availability Decreased in December
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 7, 2016) - 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 from Ellie ...
Mortgage Applications Decreased Over Two Week Period in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (January 6, 2016) - Mortgage applications decreased 27 percent from two weeks earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 1, 201...
Refinance, Purchase Applications Both Up in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 23, 2015) - - Mortgage applications increased 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 December 1...
MBA Statement Regarding Passage of Year-End Spending Bill Which Includes the Jumpstart GSE Reform Provision
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 18, 2015) - Bill Emerson, Chairman of the Mortgage Bankers Association (MBA) and CEO of Quicken Loans, issued the following statement regarding the inclusion of the Jumpstart GSE reform provision ...
MBA Announces Promotion of Tamara King to Vice President of Residential Policy and Member Engagement
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 18, 2015) - Today, the Mortgage Bankers Association (MBA) announced the promotion of Tamara King to the position of Vice President of Residential Policy and Member Engagement, effective January 1,...
MBA’s Stevens Reacts to FHFA Scorecard
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 17, 2015) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement in response to today's release from the Federal Housing Finance Agency...
MBA Releases White Paper on Affordable Rental Housing and Need for Holistic Policy Solutions
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 16, 2015) - The Mortgage Bankers Association (MBA) today released a white paper outlining the importance of - and recommendations to expand - affordable rental housing. MBA convened a Task Force of leaders...
MBA Chief Economist: Home Purchase Market Strong in 2016
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 16, 2015) - - Mike Fratantoni, MBA's Chief Economist and Senior Vice President for Research and Industry Technology, offered the following statement in response to the Federal Reserve Federal Open Market Committ...
MBA Commends Inclusion of Jumpstart GSE Reform Provision in Spending Bill
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 16, 2015) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement regarding the inclusion of the Jumpstart GSE reform provisi...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 16, 2015) - 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 ending December 11,...
Commercial/Multifamily Mortgage Debt Continues Rise Led By Commercial Banks in Third Quarter
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 15, 2015) - The level of commercial/multifamily mortgage debt outstanding increased by $38 billion in the third quarter of 2015, as three of the four major investor groups increased their holdings. That is...
Applications for New Home Purchases Decreased in November
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 10, 2015) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2015 shows mortgage applications for new home purchases decreased by 6 percent relative to the previous month...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 9, 2015) - Mortgage applications increased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 4, 2...
Mortgage Credit Availability Decreased in November
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 8, 2015) - Mortgage credit availability decreased in November according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie...
Independent Mortgage Bank Profits in 3rd Quarter 2015 Down from Previous Quarter- Up on Year-over-Year Basis
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 8, 2015) - Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,238 on each loan they originated in the third quarter of 2015, down from a reported gain of $1,522 per...
MBA Statement Regarding New York Times Story
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 7, 2015) - The Mortgage Bankers Association (MBA) issued the following statement this morning in response to inflammatory and unfounded allegations in a New York Times story regarding the associat...
Mortgage Applications Decrease Slightly in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 2, 2015) - 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 November 27, ...
MBA Commends Agreement on Transportation Bill Without G-Fees
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 1 2015) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement commending the House and Senate conferees and leadership for not increa...
MBA’s Mortgage Action Alliance Launches New Advocacy Action Center
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December 1, 2015) - Today, the Mortgage Bankers Association's (MBA) Mortgage Action Alliance (MAA) launched a new grassroots advocacy action center designed to help people better engage policymakers and st...
Commercial/Multifamily Delinquencies Continue Decline
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (December 1, 2015) - Delinquency rates for commercial and multifamily mortgage loans continued to decline in the third quarter of 2015, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinque...
MBA Risk Share Letter to FHFA
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (December, 2015) - Yesterday, the Mortgage Bankers Association (MBA) sent a letter to FHFA director Mel Watt advocating for upfront risk sharing. To read the letter, click here. .
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 25, 2015) - Mortgage applications decreased 3.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 20,...
MBA Opens Doors Announces Major Donation from Arch Capital Group, parent of Arch MI
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 Donation is the Single Largest in Foundation History WASHINGTON, D.C. (November 23, 2015) - The Mortgage Bankers Association Opens Doors Foundation (MBA Open Doors) today announced that Arch Capital Group Ltd. (Arch Capital), has made a v...
Mortgage Applications Increase in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 18, 2015) - Mortgage applications increased 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 November 13,...
Mortgage Foreclosures and Delinquencies Continue to Drop
Foreclosure Starts Lowest Since 2005 CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 17, 2015) - The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.99 percent of all loans outstan...
MBA Statement Regarding FHA's Annual Report to Congress
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (November 16, 2015) - David H. Stevens, President and CEO of the Mortgage Bankers Association, issued the following statement today after the Federal Housing Administration (FHA) released its annual report ...
Applications for New Home Purchases Decreased in October
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 13, 2015) - The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2015 shows mortgage applications for new home purchases decreased by 8 percent relative to the previous month....
Refinance Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 11, 2015) - - Mortgage applications decreased 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 November 6...
Third Quarter Commercial & Multifamily Mortgage Originations Up 12 Percent Year-over-Year
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 10, 2015) - According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, third quarter 2015 commercial and multifamily mortgage loan origination...
MBA Commends Passage of Neugebauer-Huizenga Amendment
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (November 5, 2015) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement commending the House for passing the Neugebauer-Huizenga ame...
Mortgage Credit Availability Increased in October
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 5, 2015) - Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie ...
MBA Calls on House to Pass Neugebauer-Huizenga Amendment
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (November 4, 2015) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement urging the House to adopt the Neugebauer-Huizenga amendment to H....
Mortgage Applications Slightly Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (November 4, 2015) - Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 30, 2...
MBA Forecasts a 6 Percent Increase in Commercial/Multifamily Mortgage Originations in 2016
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 29, 2015) - The Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will rise 6 percent in 2016 to $485 billion. Mortgage bankers' originations of multifamily mortgage...
Mortgage Applications Decrease in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 28, 2015) - - 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 ending October 23,...
MBA Announces Policy Network Chairs for 2016
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 27, 2015) - The Mortgage Bankers Association (MBA) today announced new leaders for its Independent Mortgage Bankers Network and Community Banks and Credit Unions Network. The Independent Mortgage Bankers Net...
Real Estate Finance and Housing Industry Join Together and Donate Over $735,000 to Families in Need
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 27, 2015) - Mortgage Bankers Association Opens Doors Foundation (MBA Opens Doors) today announced that it has secured more than $735,000 in pledged donations at, or associated with, MBA's 2015 Annual Convention. ...
MBA Applauds Introduction of H.R. 3808
CONTACT Rob Van Raaphorst rvanraaphorst@mba.org (202) 557- 2799 WASHINGTON, D.C. (October 23, 2015) - David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement applauding the introduction of H.R. 3808, legislation to require the w...
MBA Report: Multifamily Lending Jumped 13 Percent in 2014
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 22, 2015) - In 2014, 2,876 different multifamily lenders provided a total of $195.1 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association (MBA) 20...
Government Applications Drive Increase in Latest MBA Weekly Survey
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 WASHINGTON, D.C. (October 21, 2015) - Mortgage applications increased 11.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 16, ...
MBA’s Future Leaders Program Graduates 57 Residential and Commercial/Multifamily Real Estate Finance Professionals
CONTACT Ali Ahmad aahmad@mba.org (202) 557- 2727 SAN DIEGO, CA (October 20, 2015) - The Mortgage Bankers Association (MBA) today recognized a total of 57 mortgage professionals -- 34 from the residential market segment and 23 from the commercial/multifamily market segment -- in a gradua...