There will be a celebration of former MBA President and CEO Dave Stevens’ life on Friday, Feb. 2, 2024, from 2:00 PM to 5:30 PM at Capital One Hall, located at 7750 Capital One Tower Road in Tysons Corner, Va.
Tag: MBA

MBA Mourns the Passing of Former President and CEO David H. Stevens, CMB
The Mortgage Bankers Association announced Jan. 17 the unexpected passing of former President and CEO David H. Stevens, CMB.

MBA Recognizes 23 Graduates in Inaugural Class of Mortgage Banking Bound Program
MBA Education, the Mortgage Bankers Association education division, recognized 23 graduates in the inaugural year of Mortgage Banking Bound, a certificate program for college students interested in pursuing a career in the residential real estate finance industry.

MBA Letters Oppose Proposed N.Y. Mezzanine Debt/Preferred Equity Tax, Support Like-Kind Exchanges
The Mortgage Bankers Association weighed in to oppose a proposed New York tax and recording requirement for mezzanine debt and preferred equity and to support like-kind exchanges.

Broeksmit: ‘MBA Was Made for Times of Crisis’
In remarks this week during the Mortgage Bankers Association’s virtual Regulatory Compliance Conference, MBA President & CEO Robert Broeksmit, CMB, said the extraordinary events of 2020 have tested everyone’s mettle—including that of MBA.

Share of Mortgage Loans in Forbearance Decreases to 5.83%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey revealed the total number of loans now in forbearance decreased by 7 basis points from 5.90% of servicers’ portfolio volume in the prior week to 5.83% as of October 25, 2020.

Mortgage Credit Availability Decreased in August
Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index, a Mortgage Bankers Association report that analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool.

MBA: Share of Mortgage Loans in Forbearance Declines to 7.16%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported the total number of loans now in forbearance decreased 4 basis points to 7.16 percent of servicers’ portfolio volume as of Aug. 30.

Pandemic Hits Single-Family Rent Prices
CoreLogic, Irvine, Calif., said single-family rent growth reached its slowest rate in a decade during June amid elevated unemployment rates.

MBA, Others Ask Congress to Avoid Adding New Credit Reporting Provisions
The Mortgage Bankers Association joined other associations to ask Congress to refrain from adding new credit reporting provisions that may negatively affect consumers as Congress considers new COVID-19 response legislation.