MBA is a trade / professional association based in Washington, DC that was founded in 1914. As of 2019 they had $83 million in revenue and $127 million in assets.
Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country.
Meetings & conferencesmba's fiscal year 2019 (fy2019), ending september 30, 2019, saw more than 16,874 individual attendees at 19 conferences and meetings that provided attendees with timely information about the economy, business trends, technological innovation and legislative and regulatory changes and prospects. Mba conducted a successful annual convention in october 2018 in Washington dc with 4252 attendees. The cref/multifamily housing convention & expo was held in february 2019 in san diego with 3273 attendees. Sponsorship and booth sales remained strong at the mba meetings with 462 companies exhibiting their products and services.in addition to the large annual convention expected from a major Association, mba hosts 4 additional large conferences and expos each year as well as 15 more finely focused special interest conferences. The five large gatherings are the annual convention & expo, commercial real estate finance/multifamily housing convention & expo, national Mortgage servicing conference & expo, technology solutions conference ...
Educationmba education provided training to over 12,000 real estate finance professionals during the fiscal year ending september 30, 2019. The training to these individuals was delivered through a mix of over 400 offerings. Students accessed training through a mix of classroom courses and workshops, webinars and webinar recordings, resource guides, certification and designation programs, instructor-guided online courses, and web-based self-study courses. The courses cover both the single family/residential and commercial/multifamily industries, with content ranging from introductory to advanced concepts in real estate finance, leadership and management, and technology and compliance. The flagship offering is mba's school of Mortgage banking (somb), which in fiscal year 2019 saw the addition of the new school of multifamily Mortgage banking. The new classroom offering is three days in length and continues the department's growth in commercial/multifamily offerings. Over 1,300 individuals were trained through 43 somb offerings during the fiscal year. The flagship certification and ...
Advocacy for members and the industrymba continues to be the leading advocate for the entire real estate finance industry both in Washington, dc and in state capitals. In 2019, the Association provided thought leadership on a variety of public policy issues, including proposals for both administrative and legislative gse reform, pathways to affordable homeownership, and other regulatory and supervisory issues. Our legislative accomplishments included providing testimony on capitol hill before the house financial services and senate banking committees, support for the enactment of several industry priorities (both residential and commercial/multifamily), including funding for critical hud information technology infrastructure, va home loan program technical corrections, and terrorism risk insurance program reauthorization, as well as education and advocacy on a wide variety of other real estate finance issues. With regard to regulatory achievements, mba submitted comment letters and provided guidance and substantive recommendations throughout the year to regulators, including hud, va, usda, ...
Fiscal year ending | Date received by IRS | Form | PDF link |
---|---|---|---|
2019-09 | Sep 24, 2020 | 990 | View PDF |
2018-09 | Oct 12, 2019 | 990 | View PDF |
2017-09 | Oct 16, 2018 | 990 | View PDF |
2016-09 | Nov 2, 2017 | 990O | View PDF |
2015-09 | Apr 18, 2017 | 990O | View PDF |
...and six more Form 990 PDFs |
Field | 2019 |
---|---|
Total grants, contributions, etc. | $12,117 |
Program services | $60,207,385 |
Investment income and dividends | $2,612,351 |
Tax-exempt bond proceeds | $0 |
Royalty revenue | $526,194 |
Net rental income | $0 |
Net gain from sale of non-inventory assets | $-221,514 |
Net income from fundraising events | $0 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous revenues | $20,809,820 |
Total revenues | $83,946,353 |
Vendor | Services | Amount paid | Date |
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Cliftonlarsonallen LLP | Tax accounting; Audit accounting | 2020-08-06 | |
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...and 15 more vendors |
Name | Title | Compensation | Most recent data |
---|---|---|---|
Robert D. Broeksmit | President and Chief Executive Officer | $434,267 | Oct. 3, 2020 |
Marcia Davies | Chief Operating Officer | $1.1 million | Oct. 3, 2020 |
████ ██ ██████ | Senior Vice President, Chief Financial Officer | $310,937 | Oct. 3, 2020 |
███████ ██████████ | Chief Economist, Senior Vice President, Research and Technology | $386,873 | Oct. 3, 2020 |
█████ █████ | Vice President of Education, Operations, and Strategy | - | Oct. 3, 2020 |
███ ███ █████████ | Vice President of Communications | - | Oct. 3, 2020 |
███████ ████ | Vice President of Marketing and Design | - | Oct. 3, 2020 |
████ █████ | Senior Vice President, Commercial and Multifamily Policy and Member Engagement | - | Oct. 3, 2020 |
████ █████ | Senior Vice President, Residential Policy and Member Engagement | - | Oct. 3, 2020 |
█████ ██ █████ | Senior Vice President Strategy and Member Services | $393,581 | Oct. 3, 2020 |
...and 32 more key personnel |