What is Mortgage Bankers Association?

Legal Definition
The Mortgage Bankers Association (MBA) is the United States national association representing all facets of the real estate finance industry. Headquartered in Washington, D.C., MBA represents over 2,200 member companies. MBA’s membership base includes all sectors of the real estate finance industry including originators, servicers, underwriters, compliance personnel and information technology professionals representing mortgage companies in the residential, commercial and multi-family arenas.

During the subprime mortgage crisis of 2008, the MBA's membership fell from 3,000 to 2,500. Its current membership is 2,200.

MBA is headed by David H. Stevens, President and Chief Executive Officer. Bill Emerson, CEO of Quicken Loans is the association's 2015-2016 Chairman.
-- Wikipedia
Legal Definition
Real estate finance professionals organized as a national organization. The association's professional members include mortgage brokers and their companies, as well as life insurance companies, banks, and mortgage lenders. Headquartered in Washington, D.C. It promotes ethical and fair lending practices.