The Mortgage Bankers Association and nearly 300 other industry trade groups and community organizations urged Congress to include direct assistance to homeowners with COVID-19 hardships in any upcoming economic stimulus package.
Category: News and Trends
January Mortgage Credit Availability Increases
Mortgage credit availability increased in January, the Mortgage Bankers Association reported this morning.
MBA CREF 2021: A Conversation with GSE Leadership
One year ago, almost no one could have predicted what 2020 would bring. Everyone in the real estate world had to adjust their expectations.
MBA Recognizes Premier Members
MBA is proud to recognize its Premier and Select Associate Members and to thank them for their continued support of MBA and the real estate finance industry.
Nick Volpe: Managing Effects of Changing Regulations on Mortgage Servicing Operations
As loan servicers continue to battle operational challenges and brace themselves for continuously high volume, there are strategies they should consider to better navigate the changing landscape.
MISMO Implements Innovation Investment Fee
MISMO, the industry standards organization, has instituted a $0.75 per loan Innovation Investment Fee.
MBA: Loans in Forbearance Fall to 5.35%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 3 basis points to 5.35% of servicers’ portfolio volume as of Jan. 31 compared to 5.38% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.
MBA: 4th Quarter Commercial/Multifamily Borrowing Falls 18 Percent
Commercial and multifamily mortgage loan originations fell by 18 percent in the fourth quarter from a year ago, but increased by 76 percent from the third quarter, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Dealmaker: Berkadia Secures $75M to Refinance Michigan Multifamily
Berkadia announced it secured $75.1 million in combined financing for three garden-style multifamily properties in Michigan: Dearborn View Apartments, Bedford Square Apartments and Delta Square Apartments.
MBA Names 2021-2022 Chairs for Mortgage Action Alliance, MORPAC
The Mortgage Bankers Association announced Steven Plaisance as chairman of the Mortgage Action Alliance and Jeffrey “Jeff” C. Taylor as Chairman of the MBA Political Action Committee (MORPAC).