ABA
ABA: BROAD QUALIFIED MORTGAGE RULE WITH SAFE HARBOR ESSENTIAL TO HOUSING RECOVERY
WASHINGTON, DC - April 18, 2012 - (RealEstateRama) -- “A broadly defined Qualified Mortgage (QM) rule that includes a safe harbor from meritless lawsuits is essential to preserving credit availability and supporting the housing recovery,” said Frank Keating, president and CEO of the American Bankers Association.
ABA HOUSING PARTNERS FOUNDATION AND CALIFORNIA BANKERS ASSOCIATION UNITE TO BUILD HABITAT HOME
WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- ABA Housing Partners Foundation announced today its partnership with the California Bankers Association to build a Habitat for Humanity home in San Diego. The two groups will work together to raise donations from member banks across the country to fund the foundation’s second build in San Diego at the American Bankers Association’s annual convention in October 2012.
ABA TO HOLD 26TH ANNUAL REGULATORY COMPLIANCE CONFERENCE JUNE 10-13 IN ORLANDO
WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- Raj Date, deputy director of the Consumer Financial Protection Bureau, will deliver a keynote address as part of the American Bankers Association’s annual Regulatory Compliance Conference on June 10-13 at the Walt Disney World Dolphin Hotel in Orlando, Fla
ABA RELEASES REAL ESTATE LENDING SURVEY
WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- The increasing regulatory burden, growing compliance costs and ambiguity over rules still in the pipeline left real estate lending conditions mostly unchanged from the previous year, according to the American Bankers Association’s 19th annual Real Estate Lending Survey.
ABA STATEMENT ON MORTGAGE SETTLEMENT
WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- “Today’s agreement marks an important milestone in resolving mortgage concerns, allowing these five institutions – essential providers of mortgage services across the country – to look to the future with clarity and commitment to customers.”
ABA STATEMENT ON THE ADMINISTRATION’S HOUSING ANNOUNCEMENT
WASHINGTON, D.C. - February 1, 2012 - (RealEstateRama) -- "Recovery in the housing market is vital to future economic growth, and we commend the Obama administration for their attention to housing recovery efforts. However, many current proposals and programs will limit or delay that recovery. The refinance proposal announced today, unfortunately, includes a tax on banks, which will directly reduce lending capacity and banks' ability to lend up to $100 billion.
Asia in the ‘Twilight Zone’ As Financial Woes of U.S. and Europe Weigh Upon...
WASHINGTON, DC - December 7, 2011 - (RealEstateRama) -- Economic troubles in the United States and Europe are weighing upon local economies across the Asia Pacific region as well as investor sentiment in Asia and Australian real estate markets, according to Emerging Trends in Real Estate® Asia Pacific 2012, a real estate forecast jointly published by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC).
ABA HOUSING PARTNERS FOUNDATION AND TEXAS BANKERS ASSOCIATION COMPLETE SAN ANTONIO HABITAT HOME
WASHINGTON, DC - November 17, 2011 - (RealEstateRama) -- ABA Housing Partners Foundation and Texas Bankers Association are celebrating a successful partnership that has resulted in a new home for Lorena Magdaleno and her four daughters in San Antonio. To commemorate the occasion, Habitat for Humanity of San Antonio will host a home dedication for the Magdaleno's and 25 other families on Saturday, Nov. 19.
ABA HOUSING PARTNERS FOUNDATION COMPLETES ELEVENTH HABITAT FOR HUMANITY HOME BUILD
WASHINGTON, DC - October 24, 2011 - (RealEstateRama) -- Members of the American Bankers Association gathered in a new San Antonio community this weekend to build a Habitat for Humanity home for a family in need. With support from the Texas Bankers Association and the Federal Home Loan Bank of Dallas, as well as donations from bankers across the country the foundation built its eleventh home.
ABA TESTIFIES ON FEDERAL HOME LOAN BANK SYSTEM
WASHINGTON, DC - October 12, 2011 - (RealEstateRama) -- The American Bankers Association testified today on the importance of a vibrant Federal Home Loan Bank System, whose institutions are critical for allowing community banks to meet the needs of their communities in all economic cycles.
President Robinson’s Statement on Attorney Exemption in HUD’s Final Rule
WASHINGTON, D.C. - August 15, 2011 - (RealEstateRama) -- The Department of Housing and Urban Development’s final mortgage loan originator rule, which exempts licensed attorneys when they are providing legal services to their clients and are in compliance with all applicable state court ethical rules and standards, is not just a win for the already well-regulated legal profession, but also for their homeowner clients.
ABA SUBSIDIARY NAMES AKLERO EXCLUSIVE MORTGAGE QUALITY CONTROL SERVICE PROVIDER
WASHINGTON and FT. WASHINGTON, Pa. - July 28, 2011 - (RealEstateRama) -- Business Solutions, a subsidiary of the American Bankers Association, named Aklero Risk Analytics, a provider of automated data and document validity assurance for the mortgage industry, the exclusive provider of mortgage quality control services to its members.
ABA OFFERS ALTERNATIVE TO STRENGTHEN “QUALIFIED MORTGAGE” SAFE HARBOR
WASHINGTON, DC - July 26, 2011 - (RealEstateRama) -- In a comment letter Friday, the American Bankers Association offered an alternative solution to strengthen the "qualified mortgage" option's safe-harbor protections in the Federal Reserve's proposed rule that would require creditors to determine a consumer's ability to repay a mortgage before making the loan.
ABA TESTIFIES ON COMMUNITY BANK ACCESS TO SECONDARY MORTGAGE MARGET
WASHINGTON, DC - June 28, 2011 - (RealEstateRama) -- The American Bankers Association testified today on the need to ensure small banks have access to the secondary mortgage market, calling for workable and clear underwriting standards for all mortgage loans and a reduced government role in housing finance.
FEDERAL HOME LOAN BANK OF DALLAS TO UNDERWRITE ABA HABITAT HOME BUILD IN SAN...
WASHINGTON, DC - June 22, 2011 - (RealEstateRama) -- As a national underwriter of the American Bankers Association Housing Partners Foundation's upcoming build, Federal Home Loan Bank of Dallas has committed a sponsorship toward the future home of a Texas family in need. The Foundation is sponsoring a Habitat for Humanity home build in a new San Antonio development during ABA's annual convention in October 2011.
ABA SUBSIDIARY AND FREDDIE MAC EXTEND ALLIANCE TO HELP MEMBERS SUCCEED, FUEL THE HOUSING...
WASHINGTON, DC - May 31, 2011 - (RealEstateRama) -- Business Solutions, a subsidiary of the American Bankers Association, and Freddie Mac today announced plans to help community banks compete in the purchase money mortgage market and help fuel the nation's housing recovery by extending their 9-year old alliance.
ABA HOUSING PARTNERS FOUNDATION AND TEXAS BANKERS ASSOCIATION UNITE TO BUILD HABITAT HOME
WASHINGTON, DC - May 24, 2011 - (RealEstateRama) -- ABA Housing Partners Foundation announced today its partnership with Texas Bankers Association to build a Habitat for Humanity home in San Antonio, Texas. The two groups will work together to raise donations from bankers across the country to fund the foundation’s first build in the Southwest at the American Bankers Association’s Annual Convention in October 2011
ABA SUBSIDIARY COMMUNITY BANK MORTGAGE LLC ANNOUNCES RENEWAL WITH SUNTRUST MORTGAGE
WASHINGTON, DC - May 16, 2011 - (RealEstateRama) -- Community Bank Mortgage LLC, a subsidiary of the American Bankers Association, has renewed its agreement with SunTrust Mortgage Inc. as one of four preferred secondary market investors. With this partnership, Community Bank Mortgage LLC owner banks can sell loans on a servicing-released basis to SunTrust Mortgage and access their full line of products, including jumbo loans
ABA SUBSIDIARY’S MORTGAGE PROGRAMS SAVE MEMBERS $27 MILLION
WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- Business Solutions, an American Bankers Association subsidiary, today announced that its Mortgage Solutions programs saved bankers over $27 million in 2010. The programs, designed to help community banks participate more successfully in the residential mortgage markets, were launched in 2001. Since that time, the banks have produced more than $160 billion in loans through the programs. In 2010, more than 1,000 ABA member banks elected to be a part of one or more of the 12 programs available through Mortgage Solutions.
ABA VICE CHAIRMAN SAYS BANKS ARE SUCCESSFULLY MANAGING FARM REAL ESTATE LOAN RISK
WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- Banks are successfully managing agricultural loan risk associated with rising farmland prices, said Matthew H. Williams, president of Gothenburg State Bank in Gothenburg, Neb., and vice chairman of the American Bankers Association at an FDIC symposium on U.S. farmland prices held today.
