Commercial and multifamily originations lowest since 2004, originations for CMBS show biggest drop

National Mortgage Professional

Jun 02, 2008

NAMB President-Elect Marc Savitt testifies before House Small Business CommitteeMortgagePress.comNAMB, Marc Savitt, House Small Business Committee, RESPA rule On Thursday, May 22, NAMB President-Elect Marc Savitt, CRMS testified before the House Small Business Committee regarding the implications of the proposed RESPA Rule. Savitt focused on the regulatory process HUD used in promulgating their Proposed Rule and the impact on small business mortgage brokers. For a copy of NAMB's testimony, click here.

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Jun 02, 2008

People On The Move

MBA Appoints Rachel Kelley Legislative Affairs VP

Kelley's focus will be on Republican members in the House.

The Mortgage Bankers Association appointed Rachel Kelley as its vice president of legislative affairs, with a focus on advocating MBA's legislative and policy priorities on Capitol Hill, particularly among Republican members of the U.S. House of Representatives. Kelley bring...

Analysis and Data

Mortgage Applications Inch Up 0.3%

Despite a 50 basis point decline in rates over past six weeks, purchase activity remained approximately 20% lower than the previous year.

Mortgage applications saw a marginal uptick of 0.3% for the week ending Nov. 24, 2023, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. The results, however, have been adjusted to account for the Thanksgiving holiday. The ...