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The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.

Contact:

Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005

Phone: (202) 557-2700

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 20, 2011 - (RealEstateRama) -- Mortgage applications increased 5.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 15, 2011.

MBA Testifies on Implications and Consequences of the Proposed Rule on Risk Retention

WASHINGTON, D.C. - April 15, 2011 - (RealEstateRama) -- Henry V. Cunningham Jr., CMB, Mortgage Bankers Association (MBA) board member and chairman of the MBA Residential Board of Governors, testified today on behalf of MBA before the House Financial Services Committee Subcommittee on Capital Markets and Government Sponsored Enterprises at a hearing on, "Understanding the Implications and Consequences of the Proposed Rule on Risk Retention," providing the perspectives of both the commercial and residential real estate finance markets.

MBA Statement on Agreements Between Servicers and Federal Regulators

WASHINGTON, D.C. - April 14, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) issued the statement below, following the announcement of agreements between the Office of the Comptroller of the Currency, the Federal Reserve and the Office of Thrift Supervision and 14 large residential mortgage servicers.

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 13, 2011 - (RealEstateRama) -- Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 8, 2011.

MBA’s National Secondary Market Conference & Expo to Include Tozer, Mullings, Neylan and Oppenheimer

WASHINGTON, D.C. - April 121, 2011 - (RealEstateRama) WHAT: The Mortgage Bankers Association's (MBA) 2011 National Secondary Market Conference & Expo- ‘Securing Future Market Growth

MBA Sends Letter to Geithner, Donovan and DeMarco on Proposed Changes to Servicing Fee...

WASHINGTON, D.C. - April 7, 2011 - (RealEstateRama) -- On Tuesday, April 5, 2011, the Mortgage Bankers Association (MBA) sent the attached letter to Treasury Secretary Timothy Geithner, HUD Secretary Shaun Donovan and Federal Housing Finance Agency (FHFA) Director Edward DeMarco expressing MBA’s strong reservations about the stated timetable to revamp the fee structure for residential mortgage loan servicing.

Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 6, 2011 - (RealEstateRama) -- Mortgage applications decreased 2.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 1, 2011.

MBA Promotes Jim Gross to Vice President of Financial Accounting and Public Policy

WASHINGTON, D.C. - April 5, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the promotion of Jim Gross to Vice President of Financial Accounting and Public Policy. In this capacity, he will advise Steve O’Connor, MBA’s Senior Vice President of Public Policy and Industry Relations on emerging industry policy issues and assist in setting strategic priorities.

MBA Releases 2010 Commercial/Multifamily Originations Rankings

Washington, DC - April 5, 2011 - (RealEstateRama) -- Wells Fargo Bank was the top commercial/multifamily mortgage originator in 2010, according to a set of listings released today by the Mortgage Bankers Association (MBA). Other originators in the top 10 include HFF, L.P.; Meridian Capital Group, LLC.; CBRE Capital Markets, Inc.; Prudential Mortgage Capital Company; MetLife Real Estate Investments; Deutsche Bank Commercial Real Estate; PNC Real Estate; Northmarq Capital, LLC; and Berkadia Commercial Mortgage LLC

MBA Presents Burton C. Wood Legislative Service Award to Union National Mortgage Company CEO...

Washington, D.C. - April 1, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) has presented its annual Burton C. Wood Legislative Service Award to Bill Cosgrove, President and CEO of Union National Mortgage Company, at its 2011 National Policy Conference.

MBA Releases 4th Quarter 2010 Commercial Real Estate/Multifamily Finance Quarterly Data Book

WASHINGTON, D.C. - March 31, 2011 - (RealEstateRama) -- Member of the Media: The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the fourth quarter of 2010. The Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance industry participants and observers.

MBA Hires Thomas Kim to be Vice President of Commercial Regulatory Policy

WASHINGTON, D.C. - March 31, 2011 - (RealEstateRama) -- John A. Courson, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Thomas T. Kim as Vice President of Commercial Regulatory Policy.

Weekly Application Survey

WASHINGTON, D.C. - March 30, 2011 - (RealEstateRama) -- Mortgage applications decreased 7.5 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 25, 2011.

MBA Reacts to Risk Retention Proposal

WASHINGTON, D.C. - March 30, 2011 - (RealEstateRama) -- John A. Courson, President and CEO of the Mortgage Bankers Association (MBA), issued the below statement following today's release of the risk retention proposed rule.

MBA’s Berman Testifies on Housing Finance Reform

WASHINGTON, D.C. - March 29, 2011 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, testified today before the Senate Banking Committee at hearing titled, “Public Proposals for the Housing Finance System.”

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 23, 2011 - (RealEstateRama) -- Mortgage applications increased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 18, 2011.

MBA’s National Policy Conference General Session to Feature HUD Secretary Donovan, Senator Menendez and...

WASHINGTON, D.C. - March 23, 2011 - (RealEstateRama) WHAT:The Mortgage Bankers Association (MBA) 2011 National Policy ConferenceOn March 30-31, 2011 the real estate finance industry will convene in Washington, D.C. to educate the Administration and the Congress on issues that matter most to our industry. MBA's National Policy Conference 2011 gives attendees the opportunity to speak directly to lawmakers about what they do in their community, as well as the practical effect proposed changes may have on their business and the industry

Commercial/Multifamily Mortgage Debt Outstanding Fell by $67 billion, 2.7 Percent in 2010, Driven by...

Washington, DC - March 17, 2011 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding decreased by 0.5 percent in the fourth quarter of 2010, to $2.4 trillion, according to the Mortgage Bankers Association (MBA) analysis of the Federal Reserve Board Flow of Funds data. On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2010 was $67 billion lower than at the end of 2009, a decline of 2.7 percent.

Mortgage Purchase Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - March 16, 2011 - (RealEstateRama) -- Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 11, 2011

MBA Announces Courson to Leave, David H. Stevens to Join MBA in Early May

WASHINGTON, D.C. - March 16, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced that John A. Courson, the association’s President and CEO, will be leaving the association, effective June 1, 2011. Courson will be replaced by David H. Stevens, Assistant Secretary for Housing and Commissioner of the Federal Housing Administration at the U.S. Department of Housing and Urban Development in May. Stevens had announced earlier that he would be resigning from his position at HUD. He will leave HUD on March 31, 2011.