News

Washington, DC - June 17, 2011 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding remained essentially unchanged at $2.4 trillion in the first quarter of 2011, decreasing by 0.1 percent from fourth quarter 2010, according to the Mortgage Bankers Association’s (MBA) analysis of the Federal Reserve Board Flow of Funds data.

WASHINGTON, D.C. - June 15, 2011 - (RealEstateRama) -- Mortgage applications increased 13.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 10, 2011.

WASHINGTON, D.C. - June 14, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today announced the nomination of E. J. Burke, Executive Vice President and Group Head of KeyBank Real Estate Capital and Corporate Banking Services, to be its Vice Chair-Elect. Mr. Burke will be elected by MBA members at the Association's 98th Annual Convention, which will be held in October in Chicago, Illinois. He currently serves as Chair of MBA’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) and is a member of the MBA Board of Directors. An active member of MBA, Mr. Burke has served in a number of leadership positions, including as Chair of MBA's Investors Council.

WASHINGTON, D.C. - June 8, 2011 - (RealEstateRama) -- Mortgage applications decreased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 3, 2011. This week's results include an adjustment to account for the Memorial Day holiday.

WASHINGTON, D.C. - June 8, 2011 - (RealEstateRama) -- Delinquency rates among different commercial/multifamily mortgage investor groups were mixed in the first quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

WASHINGTON, D.C. - June 7, 2011 - (RealEstateRama) -- Statement of David H. Stevens, President and CEO of the Mortgage Bankers Association on the announced extension of the comment deadline for the federal financial regulators' proposed rule implementing the Dodd-Frank Act's risk retention rule.

WASHINGTON, D.C. - June 3, 2011 - (RealEstateRama) -- Members of Media:Yesterday, the Mortgage Bankers Association (MBA) sent a letter to Acting Assistant Secretary for Housing - Federal Housing Commissioner Robert C. Ryan requesting the Federal Housing Administration (FHA) permit the use of electronic signatures (e-signatures) for all mortgage origination forms required by the FHA

WASHINGTON, D.C. - June 1, 2011 - (RealEstateRama) -- Mortgage applications decreased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 27, 2011.

WASHINGTON, D.C. (May 25, 2011) — Mortgage applications increased 1.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 20, 2011.

WASHINGTON, D.C. - May 25, 2011 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, testified today before the U.S. House of Representatives Financial Services Subcommittee on Insurance, Housing and Community Opportunity at a hearing entitled "Legislative Proposals to Determine the Future Role of FHA, RHS and GNMA in the Single-and Multi-Family Mortgage Markets."

WASHINGTON, D.C. - May 19, 2011 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.32 percent of all loans outstanding as of the end of the first quarter of 2011, an increase of seven basis points from the fourth quarter of 2010, and a decrease of 174 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased 117 basis points to 7.79 percent this quarter from 8.96 percent last quarter.

WASHINGTON, D.C. - May 19, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the statement below in response to the public release of new prototype mortgage disclosure forms required under the Truth in Lending Act (TILA) and Real Estate Settlement and Procedures Act (RESPA).

WASHINGTON, D.C. - May 18, 2011 - (RealEstateRama) -- Mortgage applications increased 7.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 13, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 7.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 7.1 percent compared with the previous week. The Refinance Index increased 13.2 percent from the previous week and is at its highest level since the week ending December 10, 2010. The seasonally adjusted Purchase Index decreased 3.2 percent from one week earlier. The unadjusted Purchase Index decreased 3.3 percent compared with the previous week and was 1.7 percent lower than the same week one year ago

WASHINGTON, D.C. - May 16, 2011 - (RealEstateRama) -- WHAT: Mortgage Bankers Association (MBA) 1st Quarter 2011 National Delinquency Survey (NDS) Media Conference Call.Conducted quarterly since 1972, MBA's National Delinquency Survey covers more than 40 million loans on one-to-four-unit residential properties, representing more than 80 percent of all first-lien residential mortgage loans outstanding in the United States.

WASHINGTON, D.C. - May 16, 2011 - (RealEstateRama) -- Michael D. Berman, CMB, Chairman of the Mortgage Bankers Association, issued the following statement in reaction to the introduction of bipartisan legislation by Representatives John Campbell (R-CA) and Gary Peters (D-MI) that would reform the secondary mortgage market.

WASHINGTON, D.C. - May 13, 2011 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released a new white paper which provides background information and an environmental scan of the events leading up to the current foreclosure crisis and examines some of the myths surrounding servicer incentives in the loss mitigation process. The white paper is being released in conjunction with MBA's President & CEO David H. Stevens' testimony before the Senate Committee on Banking Housing and Urban Affairs Subcommittee on Housing, Transportation and Community Development on "The Need for National Mortgage Servicing Standards."

WASHINGTON, D.C. - May 13, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association, testified today before the Senate Committee on Banking, Housing and Urban Affairs' Subcommittee on Housing, Transportation and Community Development on "The Need for National Mortgage Servicing Standards."

WASHINGTON, D.C. - May 11, 2011 - (RealEstateRama) -- Mortgage applications increased 8.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 6, 2011.

Washington, DC - May 5, 2011 - (RealEstateRama) -- First quarter 2011 commercial and multifamily mortgage originations were 89 percent higher than during the same period last year and 25 percent lower than during the fourth quarter of 2010, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The decrease from fourth quarter 2010 reflects the industry’s usual push to finalize deals before the end of the year, and subsequent drop-offs in first quarter numbers.

WASHINGTON, D.C. - May 4, 2011 - (RealEstateRama) -- Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29, 2011.