News

WASHINGTON, DC - November 17, 2011 - (RealEstateRama) -- Unemployment and other factors have caused many homeowners to involuntarily default on their mortgages. At the same time, falling home prices, the possibility of being underwater for many years and advice from certain influencers, or "mavens," may have encouraged others to simply stop paying, with deleterious consequences in some markets, according to a study released today by the Mortgage Bankers Association (MBA).

WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- Mortgage applications decreased 10.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 11, 2011. This week’s results include an adjustment to account for the Veterans Day holiday.

WASHINGTON, D.C. - November 9, 2011 - (RealEstateRama) -- Mortgage applications increased 10.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 4, 2011.

Washington, DC - November 3, 2011 - (RealEstateRama) -- Third quarter 2011 commercial and multifamily mortgage loan originations were 98 percent higher than during the same period last year and 10 percent higher than the second quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

WASHINGTON, D.C. - November 2, 2011 - (RealEstateRama) -- Mortgage applications increased 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 October 28, 2011

WASHINGTON, D.C. - October 26, 2011 - (RealEstateRama) -- Mortgage applications increased 4.9 percent from one week earlier, which included the Columbus Day holiday, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 21, 2011.

WASHINGTON, D.C. - October 24, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement in response to this morning's announcement of changes to the Home Affordable Refinance Program (HARP).

WASHINGTON, D.C. - October 19, 2011 - (RealEstateRama) -- Mortgage applications decreased 14.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 14, 2011, which included the Columbus Day holiday.

Chicago, IL - October 17, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced Garry Cipponeri, Senior Vice President of Chase in Iselin, NJ, as Chairman of its Residential Board of Governors (RESBOG) and, David Motley, CMB, President of Colonial National Mortgage in Fort Worth, TX as Vice Chair of RESBOG at the MBA's 98th Annual Convention & Expo.

WASHINGTON, D.C. - October 12, 2011 - (RealEstateRama) -- Mortgage applications increased 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 October 7, 2011.

Chicago, IL - October 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) expects to see mortgage originations fall from an estimated $1.2 trillion in 2011 to $900 billion in 2012. The drop will be driven by a significant decline in refinance originations, while purchase originations will increase only slightly. The economy will see another year of anemic growth in 2012, and then will grow somewhat faster in 2013. Refinance originations are expected to fall despite low mortgage rates as economic uncertainty lingers and fewer eligible borrowers remain.

Chicago, IL - October 12, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the election of Tari L. Flannery, CMB, President, M&T Realty Capital Corporation as the new Chair of the Commercial Real Estate/Multifamily Finance Board of Governors at the association's 98th Annual Convention & Expo in Chicago. Vice Chair Brian F. Stoffers, CMB, President, CBRE Capital Markets returns as a Vice Chair for COMBOG. Joining him as a new Vice Chair is Mark Wilsmann, Managing Director, MetLife, Inc.

Chicago, IL - October 11, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today awarded Henry V. (Hank) Cunningham, Jr., CMB, President of Cunningham & Company, with the Andrew D. Woodward Distinguished Service Award at the Association’s 98th Annual Convention and Expo held in Chicago, IL. The award was given to Cunningham in recognition of his dedication and prominent service to MBA and the mortgage lending industry.

CHICAGO, IL - October 11, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the creation of a national 501(c)(3) nonprofit organization to be the umbrella for philanthropic ventures by MBA and its members to help American families and communities.

Chicago, IL - October 10, 2011 - (RealEstateRama) -- Michael W. Young, Chairman of the Board, Cenlar FSB, today was sworn in as the 2012 Chairman of the Mortgage Bankers Association (MBA) at the association's 98th Annual Convention & Expo in Chicago.

Chicago, IL - October 10, 2011 - (RealEstateRama) -- CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), graduated 35 Certified Mortgage Bankers (CMB) at a ceremony held at MBA’s 98th Annual Convention & Expo in Chicago. The CMB designation is the highest professional honor within the real estate finance industry.

WASHINGTON, D.C. - October 6, 2011 - (RealEstateRama) --Mortgage applications decreased 4.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 30, 2011.

Washington, DC - September 30, 2011 - (RealEstateRama) -- MISMO, the not-for-profit data standards subsidiary of the Mortgage Bankers Association (MBA), presented its Staff Appreciation Award to Leendert (Leo) Bijnagte, Business Systems Consultant at Wells Fargo Home Mortgage. The award, which was announced on September 12th at the MISMO September Trimester Meeting in Broomfield, Colorado, was presented to Bijnagte for his outstanding commitment and service to MISMO.

WASHINGTON, D.C. - September 28, 2011 - (RealEstateRama) -- Mortgage applications increased 9.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 23, 2011.

Washington, DC - September 23, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) and MERSCORP,Inc.® (the parent company of Mortgage Electronic Registration Systems, Inc., MERS) jointly announced today that management of the Mortgage Industry Standards Maintenance Organization, Inc. (MISMO®) will transfer to MBA on December 1, 2011.