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RealEstateRama News
CampusMBA Accepting Applications for Path to Diversity Scholarships
WASHINGTON, DC - March 8, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced that it is accepting applications for its Path to Diversity Scholarship Program, which enables industry professionals from diverse backgrounds to advance their professional growth and career development through industry education.
Commercial/Multifamily Mortgage Delinquencies Down; Best Performing Bank Loans During Recession
WASHINGTON, D.C. - March 7, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage delinquency rates declined during the fourth quarter of 2011, and an analysis of data from the Federal Deposit Insurance Corporation (FDIC) shows that commercial and multifamily mortgages have fared better through the credit crunch and recession than any other major type of loan held by banks and thrifts, according to two reports released today by the Mortgage Bankers Association (MBA).
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - March 7, 2012 - (RealEstateRama) -- Mortgage applications decreased 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 March 2, 2012.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - February 29, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 24, 2012. This week’s results are adjusted for the Presidents Day holiday.
CampusMBA Launches Specialized Courses on Emerging Servicing Standards for Industry Professionals
WASHINGTON, D.C. - February 23, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced that it has developed two comprehensive, instructor-led online courses to provide training for industry professionals in order to comply with emerging servicing standards. CampusMBA's creation of the specialized courses comes as the residential mortgage servicing sector has been operating in a time of unprecedented challenges.
Pulte Mortgage’s Debra W. Still Delivers Remarks at MBA’s National Mortgage Servicing Conference
Orlando, FL - February 23, 2012 - (RealEstateRama) -- "Good morning everyone and welcome. As President and CEO of Pulte Mortgage, Chairman-Elect of the Mortgage Bankers Association and Chair of the MBA's Council on the Future of Residential Servicing for the 21st Century, it is a pleasure to be here with all of you and to launch MBA's National Mortgage Servicing Conference & Expo.
CampusMBA Launches Specialized Courses on Emerging Servicing Standards for Industry Professionals
WASHINGTON, D.C. - February 23, 2012 - (RealEstateRama) -- CampusMBA, the award winning education division of the Mortgage Bankers Association (MBA), today announced that it has developed two comprehensive, instructor-led online courses to provide training for industry professionals in order to comply with emerging servicing standards. CampusMBA's creation of the specialized courses comes as the residential mortgage servicing sector has been operating in a time of unprecedented challenges.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - February 22, 2012 - (RealEstateRama) -- Mortgage applications decreased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 17, 2012.
Delinquencies and Foreclosures Decline in Latest MBA Mortgage Delinquency Survey
WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 7.58 percent of all loans outstanding as of the end of the fourth quarter of 2011, a decrease of 41 basis points from the third quarter of 2011, and a decrease of 67 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased five basis points to 8.15 percent this quarter from 8.20 percent last quarter.
Purchase Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - February 15, 2012 - (RealEstateRama) -- Mortgage applications decreased 1.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 10, 2012.
MBA Statement on Mortgage Settlement
WASHINGTON, D.C. - February 10, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA), issued the following statement upon news of an agreement between state and federal officials and five large residential mortgage servicers.
Refinance Activity Increases as Rates Hit Survey Lows
WASHINGTON, D.C. - February 8, 2012 - (RealEstateRama) -- Mortgage applications increased 7.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 3, 2012.
MBA Honors David A. Roberts, CMB, of Grandbridge Real Estate Capital with 2012 CREF...
Atlanta, GA - February 8, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded David Roberts, CMB, President and COO of Grandbridge Real Estate Capital, with the CREF Distinguished Service Award at the Association's 22nd Annual Commercial Real Estate Finance(CREF)/Multifamily Housing Convention & Expo held in Atlanta, GA. The award was given to Roberts in recognition of his dedication and service to MBA and the real estate finance industry.
MBA: Ten Percent of Non-Bank Commercial/Multifamily Debt Will Mature in 2012, Down From 2011
Atlanta, GA - February 6, 2012 - (RealEstateRama) -- Ten percent, or $150.6 billion, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2012, a 3 percent decline from the $154.7 billion that matured in 2011, and an 18 percent decline from 2010 according to today’s release of the Mortgage Bankers Association’s (MBA) 2011 Commercial Real Estate/Multifamily Survey of Loan Maturity Volumes.
MBA Forecasts $230 Billion of Commercial/Multifamily Mortgage Originations in 2012; $2.4 Trillion of Commercial/Multifamily...
Atlanta, GA - February 6, 2012 - (RealEstateRama) -- In its inaugural forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will hit $230 billion in 2012, an increase of 17 percent from 2011 volumes, and continue to rise to $290 billion in 2015. Commercial/multifamily mortgage debt outstanding is expected to also grow in 2012, ending the year above $2.4 trillion, two percent higher than at the end of 2011. By the end of 2015, mortgage debt outstanding is forecast to exceed $2.5 trillion. MBA previewed its forecast of the commercial/multifamily markets today at its Commercial Real Estate/Multifamily Housing Convention in Atlanta.
2011 Q4 Commercial/Multifamily Mortgage Originations Up 13 Percent from 2010 Q4; 2011 Total Up...
Atlanta, GA - February 6, 2012 - (RealEstateRama) -- Commercial/multifamily originations during the fourth quarter of 2011 were up 13 percent over the fourth quarter of 2010, but fell 7 percent from the third quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
MBA Statement on President Obama’s Housing Announcement
WASHINGTON, D.C. - February 2, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement reacting to the housing plan outlined by President Obama in a speech in Virginia today.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - February 1, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012.
MBA Statement in Response to President’s State of the Union Address
WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement.
MBA Announces Appointment of Peter Grace to be Vice President, Strategic Planning and Internal...
WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Peter J. Grace to be MBA’s new Vice President of Strategic Planning and Internal Technology. Mr. Grace will facilitate the implementation of strategic initiatives through a coordinated project management and leadership role. Mr. Grace will manage cross-functional alignment on strategic initiatives that include broad membership engagement and coordination. He will also be responsible for managing MBA’s internal technology activities.