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RealEstateRama News
Mortgage Applications Fall by 5 percent in Latest MBA Weekly Survey
WASHINGTON, D.C. - January 25, 2012 - (RealEstateRama) -- Mortgage applications decreased 5.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 20, 2012. The results include an adjustment to account for the Martin Luther King holiday.
MBA’s Stevens Addresses the Exchequer Club of Washington, DC
WASHINGTON, D.C. - January 19, 2012 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association, today delivered a speech to the Exchequer Club of Washington, DC, on the housing market and housing policy titled, “A Bright Future Requires Certainty.”
CampusMBA Extends Partnership with Insurance Advisors to Offer New Live Online Workshops for Commercial/Multifamily...
WASHINGTON, D.C. - January 19, 2012 - (RealEstateRama) -- CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), today announced it has extended its partnership with Stamford, Connecticut-based Insurance Advisors LLC. Under the agreement CampusMBA, in conjunction with Insurance Advisors, will continue to offer live online workshops addressing a variety of insurance issues for commercial/multifamily real estate loans.
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - January 18, 2012 - (RealEstateRama) -- Mortgage applications increased 23.1 percent from one week earlier (last week’s results included an adjustment for New Years Day), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2012.
Mortgage Applications Increase in Latest MBA Weekly Survey
WASHINGTON, D.C. - January 11, 2012 - (RealEstateRama) -- Mortgage applications increased 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 January 6, 2012. The results include an adjustment to account for the New Year’s Day holiday.
MBA Statement on Fed’s Housing Policy White Paper
WASHINGTON, D.C. - January 10, 2012 - (RealEstateRama) -- David H. Stevens, President & CEO of the Mortgage Bankers Association (MBA) issued the following reaction to the white paper released by the Federal Reserve, titled, "The U.S. Housing Market: Current Conditions and Policy Considerations."
Mortgage Applications Decrease Over Two Week Holiday Period
WASHINGTON, D.C. - January 4, 2012 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the weeks ending December 23, 2011 and December 30, 2011.
Mortgage Rates Drop to Another 2011 Low in Latest MBA Weekly Survey
WASHINGTON, D.C. - December 21, 2011 - (RealEstateRama) -- Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 16, 2011.
Americans Are Ready and Willing to Buy, But Seller Sentiment Remains Extremely Negative
WASHINGTON, DC - December 20, 2011 - (RealEstateRama) -- Prospective homebuyers believe now is a good time to buy, given today’s low home prices and low mortgage interest rates, but potential sellers are nearly unanimous in reporting that it is not a good time to sell a home, citing difficulty in finding buyers at desired sales prices, according to a study released today by the Mortgage Bankers Association (MBA).
Three of Four Major Investor Groups Increased Commercial/Multifamily Mortgage Investments During The Third Quarter
Washington, DC - December 16, 2011 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the third quarter of 2011, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA).
Refinance Applications Increase as Rates Drop to 2011 Lows in Latest MBA Weekly Survey
WASHINGTON, D.C. - December 14, 2011 - (RealEstateRama) -- Mortgage applications increased 4.1 percent from one week earlier, driven by a surge in refinance applications, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 9, 2011
MBA Urges FHFA to Maintain Current Servicer Compensation Model
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today filed a comment letter with the Federal Housing Finance Agency (FHFA) in response to its "Alternative Mortgage Servicing Compensation Discussion Paper," a September proposal to overhaul the mortgage servicing compensation system that has the potential to dramatically change residential servicing, origination, and secondary market operations.
MBA: Third Quarter Mortgage Banker Production Profits Improved with Higher Origination Volumes and Favorable...
WASHINGTON, DC - December 8, 2011 - (RealEstateRama) -- Independent mortgage banks and subsidiaries made an average profit of $1,263 on each loan they originated in the third quarter of 2011, up from $575 per loan in the second quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Third Quarter 2011 Mortgage Bankers Performance Report released today.
Weekly Application Survey
WASHINGTON, D.C. - December 7, 2011 - (RealEstateRama) -- Mortgage applications increased 12.8 percent from one week earlier (which included the Thanksgiving holiday), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 2, 2011.
MBA Testifies on Mortgage Market Reform
WASHINGTON, D.C. - December 7, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) testified today before the House Financial Services Subcommittee on Capital Markets and the Government Sponsored Enterprises at a hearing on The Private Mortgage Market Investment Act.”
Modest Changes in Commercial/Multifamily Mortgage Delinquency Rates During Third Quarter
WASHINGTON, D.C. - December 6, 2011 - (RealEstateRama) -- During the third quarter, delinquency rates declined for commercial and multifamily mortgages held by banks and in commercial mortgage backed securities (CMBS). Delinquency rates increased for loans held by life insurance companies and held or insured by Fannie Mae and Freddie Mac but are still at low levels, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.
MBA Announces Completion of MISMO Transition
WASHINGTON, DC - December 5, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced it has completed the transition, announced in September, and will resume support for the Mortgage Industry Standards Maintenance Organization, Inc. (MISMO®). With the successful transition, MISMO will now focus efforts on regulatory implementation and advocating for broader adoption of data standards throughout the industry.
MBA Testifies on Health of FHA
WASHINGTON, D.C. - December 2, 2011 - (RealEstateRama) -- Henry V. Cunningham Jr., CMB, a member of the Mortgage Bankers Association’s (MBA) Board of Directors and immediate past Chairman of MBA’s Residential Board of Governors (RESBOG), testified today before the House Financial Services Committee at a hearing titled, “Perspectives on the Health of the FHA Single-family Insurance Fund.”
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - November 30, 2011 - (RealEstateRama) -- Mortgage applications decreased 11.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 25, 2011. This week’s results include an adjustment to account for the Thanksgiving holiday
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - November 23, 2011 - (RealEstateRama) -- Mortgage applications decreased 1.2 percent from one week earlier (which included the Veterans Day holiday), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 18, 2011.