Tag Archives: Mortgage Bankers Association

Commercial/multifamily mortgage debt posts largest increase since ’08

December 12, 2013

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Commercial/multifamily mortgage debt outstanding grew to its highest level in five years in the third quarter, increasing by $25.2 billion as all four major investor groups increased their holdings, a new report from the Mortgage Bankers Association (MBA) says. That is a 1 percent increase over the second quarter of 2013. Total commercial/multifamily debt outstanding […]

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Banks get reprieve from Basel III capital requirements

November 9, 2012

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In a move that takes immediate pressure off of community banks in Mississippi and elsewhere in the nation, federal bank regulators say they do not expect to enact new capital requirements on Jan. 1 based on the Basel III International Accords. In a statement Friday, the Office of the Comptroller of the Currency said the […]

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Fannie, Freddie chief’s rejection of mortgage reductions has bankers smiling

July 31, 2012

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  Fannie Mae and Freddie Mac won’t be taking part in the Obama administration’s home mortgage principal reduction program. That’s bad news for underwater homeowners but cause for rounds of high-fives among executives in the nation’s financial sector. The setback for homeowners came Tuesday when Federal Housing Finance Agency Acting Director Ed DeMarco bowed to […]

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State tops U.S. in mortgage payments late by 30 days in 4Q

February 17, 2011

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By Ted Carter Mississippi led the nation in mortgage payments overdue by 30 days in the fourth quarter and its 90-day delinquent rate began to resume a previous rise, the Mortgage Bankers Association said in a press conference Thursday morning. The state’s overall rate of 13.30 percent was among the nation’s highest, while the 5.93 […]

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