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Mortgage Bankers Association (MBA)

Mortgage Apps Take Near 10 Percent Weekly Nose Dive

Home Mortgage/Credit: Photodisc

Mortgage applications decreased 9.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 17, 2013.Click to continue

MBA Calls for Expansion of GSE Risk Sharing

The Mortgage Bankers Association (MBA) has released "Up-Front Risk Sharing: Ensuring Private Capital Delivers for Consumers," a concept paper suggesting the Federal Housing Finance Agency (FHFA) require Fannie Mae and Freddie Mac to offer risk sharing options to lenders at the “point of sale” rather than on the back end after loans have been delivered to the government-sponsored enterprises (GSEs).Click to continue

Refi Apps See Near 10 Percent Weekly Dip and Purchase Apps Slide Four Percent

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Mortgage applications decreased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2013.Click to continue

Delinquency Rate for Multifamily Residential Properties Jumps 7.25 Percent in Q1

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The delinquency rate for mortgage loans on one- to four-unit residential properties increased to a seasonally adjusted rate of 7.25 percent of all loans outstanding at the end of the first quarter of 2013, an increase of 16 basis points from the previous quarter, but down 15 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.Click to continue

Mortgage App Volume Rises Seven Percent Week-Over-Week

Sales_Rise/Credit: Comstock Images

Mortgage applications increased seven percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 3, 2013.Click to continue

Margaret A. Colon Appointed New MBA Chief Administrative Officer

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David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), has announced the appointment of Margaret A. Colon to be MBA’s new chief administrative officer. Colon has more than 30 years experience in strategic planning, business strategy and organizational alignment, as well as operational and financial management.  In 2011, she provided consultative services to MBA that led the Senior Management Team through a process that resulted in the creation, Board approval and roll out of the Association’s five year strategic plan.Click to continue

MBA Bestows Honors on Arvest Mortgage Company Executive

The Mortgage Bankers Association (MBA) has presented its annual Burton C. Wood Legislative Service Award to G. Todd White, CMB, senior vice president – loan production manager at Arvest Mortgage Company in Lowell, AR. The award was presented at MBA's 2013 National Policy Conference in Washington, D.C. The award is given annually to an MBA member employee in recognition of his or her sustained superior service to the association and the real-estate finance industry as a whole.Click to continue

MBA Partners With EverFi on Financial Literacy Initiatives

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The Mortgage Bankers Association (MBA) announced that the initial stage of its partnership with EverFi to provide interactive, Web-based financial literacy education to more than 10,000 Americans across the United States as part of the Association’s Financial Fitness USA program. EverFi helps banks and other financial institutions drive innovation in financial literacy education through its learning platforms with their customers and employees or in local schools.Click to continue

Apps Rise 0.2 Percent as Fixed-Rates Continue to Drop

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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 April 19, 2013. The Market Composite Index, a measure of mortgage loan application volume, increased 0.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased one percent compared with the previous week. The Refinance Index increased 0.3 percent from the previous week.Click to continue

Commercial/Multifamily Market Closes $200 Billion-Plus in 2012

Commercial and Multifamily Property

Commercial and multifamily mortgage bankers closed $244.2 billion of loans in 2012 according to the Mortgage Bankers Association’s (MBA) 2012 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation. Loans originated for Fannie Mae, Freddie Mac and FHA in 2012 collectively totaled $77.6 billion, and represented the leading investor group.Click to continue