News
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Prepared Remarks of MBA President and CEO Bob Broeksmit, CMB, at the 2024 MBA Annual Convention and Expo
Bob Broeksmit, CMB, MBA President and CEO, delivered the following remarks at MBA's 2024 Annual Convention and Expo.
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MBA Statement on FHFA Updates on Loan Repurchases, Appraisals, and Pricing
MBA’s President and CEO Bob Broeksmit, CMB, issued the following statement on today’s Federal Housing Finance Agency (FHFA) announcements on loan repurchases, appraisals, and pricing at MBA’s 2024 Annual Convention and Expo.
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Prepared Remarks of MBA Chair Laura Escobar at the 2024 MBA Annual Convention and Expo
Laura Escobar, 2025 MBA Chair and President of Lennar Mortgage, delivered the following remarks at MBA's 2024 Annual Convention and Expo.
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MBA Education Presents USAA with the 2024 Residential Educator of the Year Award
MBA Education, the award-winning division of the Mortgage Bankers Association (MBA), today awarded the United Services Automobile Association (USAA) with its Residential Educator of the Year Award here at MBA’s 2024 Annual Convention & Expo.
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Dave H. Stevens Presented Posthumously with the CMB Society’s Rosser Lifetime Achievement Award
The Certified Mortgage Banker (CMB) Society today presented former President and CEO David H. Stevens, CMB, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award. The award was given posthumously at the Mortgage Bankers Association’s (MBA) 2024 Annual Convention & Expo.
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MBA’s Future Leaders Program Graduates 65 Residential and Commercial/Multifamily Real Estate Finance Professionals
The Mortgage Bankers Association (MBA) today recognized 65 mortgage professionals – 26 from the residential market segment and 39 from the commercial/multifamily market segment – in a graduation ceremony for MBA’s Future Leaders Program held at MBA’s 2024 Annual Convention & Expo.
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MBA Announces Board of Governors and Committee Chairs for 2024
The Mortgage Bankers Association (MBA) today announced the members of its Residential Board of Governors (RESBOG), Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG), and the respective chairs for each committee in 2025.
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MBA Presents Roxi-Ann Williams with Inaugural David H. Stevens Real Estate Legacy Scholarship
The Mortgage Bankers Association today announced at its 2024 Annual Convention & Expo that Roxi-Ann Williams has been recognized as the inaugural David H. Stevens Real Estate Legacy Scholarship award winner.
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MBA Announces 2024 Diversity, Equity, and Inclusion Residential Leadership Award Winners
The Mortgage Bankers Association (MBA) today announced at its 2024 Annual Convention & Expo that six companies have been recognized as 2024 Diversity, Equity, and Inclusion (DEI) Residential Leadership Award recipients.
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MBA Elects 2025 Board of Directors
The Mortgage Bankers Association (MBA) today swore in its Board of Directors for the 2025 membership year at its 2024 Annual Convention & Expo. The Board of Directors will be chaired by Laura Escobar, President of Lennar Mortgage.
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Laura Escobar Sworn in as 2025 MBA Chair
Laura Escobar, President of Lennar Mortgage, was sworn in today as 2025 Chair of the Mortgage Bankers Association (MBA) during the association’s 2024 Annual Convention & Expo.
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MBA Recognizes 62 New Certified Mortgage Banker Graduates
MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 62 individuals who earned the Certified Mortgage Banker (CMB®) designation at a ceremony held today at MBA's 2024 Annual Convention & Expo.
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MBA Forecast: Mortgage Originations to Increase 28 percent to $2.3 Trillion in 2025
The Mortgage Bankers Association (MBA) today announced at its 2024 Annual Convention & Expo that total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79 trillion expected in 2024.
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MBA White Paper: Reforms Needed to RESPA Section 8 to Better Serve Consumers, Mortgage Market
Comprehensive reforms are necessary to modernize Section 8 of the Real Estate Settlement Procedures Act (RESPA) to better serve consumers and the real estate finance industry in today’s highly-regulated mortgage market. That is according to a new white paper released today by the Mortgage Bankers Association (MBA).
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Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 18, 2024.
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Commercial and Multifamily Mortgage Delinquency Rates Increased in the Third Quarter of 2024Delinquency rates for mortgages backed by commercial properties increased slightly during the third quarter of 2024. This is according to the Mortgage Bankers Association's (MBA) latest commercial real estate finance (CREF) Loan Performance Survey.
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Astrid Vermeer Joins MBA as Senior Vice President, Chief Financial Officer
The Mortgage Bankers Association (MBA) announced that Astrid Vermeer joined the association as Senior Vice President, Chief Financial Officer (CFO). Vermeer will oversee MBA’s managerial accounting and financial operations, including financial reporting, budgeting, forecasting, and risk management.
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Share of Mortgage Loans in Forbearance Increases to 0.34% in SeptemberThe Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to 0.34% as of September 30, 2024. According to MBA’s estimate, 170,000 homeowners are in forbearance plans. Mortgage servicers have provided forbearance to approximately 8.3 million borrowers since March 2020.
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September New Home Purchase Mortgage Applications Increased 10.8 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2024 shows mortgage applications for new home purchases increased 10.8 percent compared from a year ago. Compared to August 2024, applications decreased by 6 percent. This change does not include any adjustment for typical seasonal patterns.
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Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 17.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 11, 2024.