The Mortgage Bankers Association announced formation of two advisory councils as part of its new affordable housing initiative.
The following report was prepared from the 28 face-to-face surveys I conducted with senior mortgage executives from 28 different firms in Austin, Texas at the MBA Annual Convention held 27-30 October. They are designed to capture the thinking, attitudes and expectations of an industry through one-on-one interviews with execs from, in this instance, 28 different mortgage firms. My goal is to create a microcosm of the industry using the MBA’s membership as the universe.
The Mortgage Bankers Association this morning reported commercial and multifamily mortgage loan originations rose by 24 percent in the third quarter from a year ago and by 9 percent from the second quarter.