MMag Mortgage Lending July 15, 2007

• Red Vision Completes Series A1 Financing from Updata Partners
First Significant Institutional Funding Will Be Used To Expand Availability of Automated Real Estate Title Search Solutions Throughout U.S. -- Red Vision,Michael Carus,Parsippany NJ 07/13/2007

• CAMBRIDGE REVIEWS 29 LOAN ORIGINATION REQUESTS IN MAY TOTALING $446.7 MILLION
Cambridge Realty Capital Companies reports reviewing 29 loan origination requests in May totaling $446.7 million. -- Cambridge Realty Capital Companies,,New York NY 07/11/2007

• Cambridge Investment and Finance Company,
Cambridge Investment and Finance Company, LLC, an affiliate of Chicago-based Cambridge Realty Capital Companies, has purchased a group of four assisted living healthcare properties in Green Bay and Appleton, Wisconsin, and has contracted Senior Housing Management, Inc. (SHM) of Cedar Rapids, Iowa, to manage the properties. -- Cambridge Realty Capital Companies,,Katie Trice,New York NY 07/11/2007

• Atlantis Mortgage Corporation Experiences Incredible Growth
Atlantis Mortgage Corporation is not your average mortgage company. Atlantis has tripled in size of the past 6 months. -- Atlantis Mortgage Corporation,Jay Lanagan,New Bedford MA 07/11/2007

• A Winning Formula for Remortgaging with Adverse Credit
Repossession, mortgage arrears and self-cert mortgage specialist, Crystal Clear Home Loans celebrates one year in their Fareham offices. -- Crystal Clear Home Loans,Mark Pearcy,Fareham United Kingdom 07/10/2007

• Senior Lending Network Launches Web Site to Provide Financial Advice to Seniors
- Information site promotes finance and lifestyle advice for mature homeowners - -- Senior Lending Network,Richard Virgilio,Melville N.y., 07/10/2007

• Huntington Bancshares and Sky Financial Group, Inc. Complete Merger
Huntington Bancshares Incorporated (NASDAQ:HBAN) today announced that the merger with Sky Financial Group, Inc. (NASDAQ:SKYF) , originally announced December 20, 2006, was completed on July 1, 2007. -- Huntington Bancshares Incorporated,Jeri Grier-Ball,,Columbus OH 07/10/2007

• Beyond U.S. Subprime Woes: Payden Looks to the New Drivers of Global Financial Markets
"The firm is a proponent of a larger global convergence trend" says Kristin Ceva, Payden & Rygel principal and co-portfolio manager of the Emerging Markets Bond Fund (PYEMX), "and we believe that so-called "risky" assets like emerging market and high yield debt are benefiting from bigger-picture global financial trends." -- Payden & Rygel,Angela Dailey,Los Angeles 07/10/2007

• No Doc Commercial Loans Now Available from Katz Mortgage Team
As a nationwide lender, Katz Mortgage Team now offers up to 80% financing to individuals and LLC`s. Katz states, "Our No Doc programs make the process super easy. We don`t verify Income, assets, or employment for commercial real estate purchases, refinances, and cash-out refinances. -- Katz Mortgage Team at Amtrust Mortg,Stephen Katz,Atlanta GA 07/10/2007

• Webinars Target Financial Institutions Evaluating The Impact of New Solutions and Technology on Operations, Security And Service
July and August Webinars are designed for bank and credit union executives, directors and operations managers responsible for exploring solutions and technology to help achieve profitability and customer service goals while assessing the implications of new technology on business continuity plans and examiner requirements. -- CFC Technology Corporation,Gary Pettis, 07/10/2007

• Dorado and First Canadian Title Announce Exclusive Distribution of Dorado`s Enterprise Lending System
Agreement Will Give Canadian Mortgage Lenders and Banks Access to Industry Leading Networked Origination and Pricing Solutions -- Dorado Corporation,Mike MacMillan,San Mateo CA 07/10/2007

• CIBC issues statement on sub-prime exposure
Recent media reports have estimated that CIBC has US$2.6 billion exposure to the US subprime real estate mortgage market. -- CIBC,Rob McLeod,Toronto Can 07/10/2007

• Tom Ferry TAG Seminars Help American Home Mortgage Create Outstanding Value for Real Estate Agent Partners
Second-half 2007 schedule of free three-day seminars sponsored by American Home Mortgage kicks off on July 17-19, 2007 in Denver, Colo. -- American Home Mortgage,John Lovallo,Melville NY 07/10/2007

• California Refinance Home Loan Center Making Way to The Lowest Interest Rates
California Refinance Home Loan Center is a leading online marketplace that helps clients locate a lender, insurance agent or credit counselor who can meet their needs. The company was established in 2001, and currently deals with over 1000 lenders. -- 1CALIFORNIALOAN.COM,Bobjon,Richmond Hill Canada 07/10/2007

• Mortgage Coach Appoints Jess Hartmann as New President
Hartmann sees huge potential in mortgage planning trend that`s currently sweeping the industry -- Mortgage Coach,Rosalie Berg,Irvine California, 07/10/2007

• Hughes Watters Askanase Attorneys to Speak at Bankruptcy Seminar
Hughes Watters Askanase L.L.P. (HWA) partners Steven Shurn and Dominique Varner and associate Brendetta Scott will be speaking at the "Bankruptcy Law and Procedure from Start to Finish" seminar which will be co-presented by the National Business Institute (NBI) and American Legal and Financial Network (AFN). The seminar will be held in Dallas on Sept. 14, 2007. -- Hughes Watters Askanase L.L.P,Laura Pennino,Houston TX 07/10/2007

• Second Half 2006 Mortgage Originations Survey Shows Shift to Fixed Rate Products from Adjustable Rate Products
First mortgage originations shifted dramatically to fixed rate products in the second half of 2006 from the first half of 2006 according to the Mortgage Bankers Association`s (MBA`s) Mortgage Originations Survey released today. -- MBA,Aleis Stokes,Washington DC 07/10/2007

• Percentage of Subprime Loans Used by First-Time Home Buyers Up During the Second Half of 2006
The percentage of subprime loans being used by first-time home buyers increased from 12 percent to 15 percent in the second half of 2006 according to the Mortgage Bankers Association`s (MBA`s) Subprime Mortgage Originations Survey released today. The percentage of subprime loans used for repeat and first-time home purchase increased from 46 percent to 47 percent. -- MBA,Aleis Stokes,Washington DC 07/10/2007

• DICK ARMSTRONG OF LOVE FUNDING SECURES $13.4 MILLION LOAN FOR HOLIDAY INN HOTEL IN MANATEE COUNTY, FLORIDA
National mortgage-baking firm Love Funding today announced that its Atlanta office closed a $13,400,000 loan for the Holiday Inn Hotel in Manatee County, Florida. Dick Armstrong, vice president with Love Funding`s Atlanta office, originated the transaction. -- Love Funding Corporation,Dick Armstrong,Atlanta July 07/10/2007

• Mortgage Credit News - July 6, 2007
Mortgages have been remarkably stable in the 6.75%-6.875% area while the all-powerful 10-year T-note has run in a much wider range: ten days ago touching 5.32%, on Tuesday trading briefly at 4.99%, and today an early burst to 5.22%. -- Boulder West,Lou Barnes,Boulder CO 07/10/2007

• DELLONTE PROMOTED TO PRESIDENT AT LOVE FUNDING
National mortgage-banking firm Love Funding today announced that Mark Dellonte has been promoted to serve as President of the company. -- The Hauser Group,Julie Hauser/,St Louis MO 07/10/2007

• U.S. stocks end higher, Dow nears record ahead of earnings
U.S. stocks rose on Monday, sending the Dow Jones Industrial Average close to a record, with investors expecting that second-quarter earnings, which kicks off with Alcoa Inc.`s report after the close, will easily top lowered expectations. -- MarketWatch,Nick Godt,New York NY 07/10/2007

• Hodgdon Miank Construction Begins Construction on $6.4 Million Medical and Professional Office Development in Lake Elsinore
Completion of Two Upscale 33,000 Sq. Ft. Buildings Planned for 1st Quarter 2008 -- Omni West Group Inc.,anne monaghan,Colton CA 07/10/2007

• Leads360 Establishes Professional Services Department
Software Company Plans New Programs to Improve Customer Satisfaction -- Leads360,Bridget DiRico,Los Angeles CA 07/10/2007

• Stater Bros., Carl`s Jr. and Del Taco Open at New 100,000 Sq. Ft. Neighborhood Center in San Jacinto
Mercer Construction of Temecula is the general contractor and Peruzzi Architects of Los Angeles is the project`s designer. -- Neece Commercial,Anne Monaghan,San Jacinto CA 07/03/2007

• Response to U.S. Conference of Mayor`s Opposition
-- Sloane & Company,Emily F. Porro,Sacramento Ca, 07/03/2007

• FICS Enhances Performance for Mortgage Servicer
Improved runtime of servicing system increases productivity for users - -- Financial Industry Computer Systems,Cristi Nicholson,Dallas TX 07/03/2007

• U.S. home prices falling at fastest rate in 16 years
Home prices in 10 major U.S. cities have fallen at the fastest pace in 16 years, according to Standard & Poor`s Case-Shiller home price index released Tuesday. Home prices in 10 major cities fell 2.7% year-over-year, while prices in 20 cities dropped 2.1%. Fourteen of the 20 cities show falling prices in the past year, led by Detroit (down 9.3%), San Diego (down 6.7%) and Washington (down 5%). Seattle had the largest price gains over the past year at 9.6%. -- MarketWatch,Rex Nutting,Washington DC 07/03/2007

• Consumer confidence falls to 10-month low in June
U.S. consumers are "subdued" about the economy and the job market, the Conference Board said Tuesday. The consumer confidence index fell to 103.9 in June from 108.5 in May. It`s the lowest since August. Economists were expecting a pullback to 105. The present situation index fell to 127.9 from 136.1; it`s the lowest since November. The expectations index fell to 87.9 from 90.1, matching March`s low. "Looking ahead, consumers remain rather subdued about short-term economic prospects," said Lynn Franco, director of the research group`s consumer research center. The number of Americans who say jobs are plentiful fell to 27% from 29.1%, while the number who said jobs are hard to get rose to 21.1% from 19.7%. -- MarketWatch,Rex Nutting,Washington DC 07/03/2007

• Second Half Outlook – Signs, Signs, Everywhere are Signs…
"A lot can be learned about the economy by paying attention to what is going on around you in everyday life," according to Steven Sheldon, CFA and principal of SMS Capital Management ("SMS") www.smscap.com. The signs point to a U.S. economy that keeps "rolling along" despite some soft spots. In his recently released second half market forecast, Mr. Sheldon reaffirmed his call for the S&P 500 to finish the year modestly higher than where we are today, noting that the market is currently just a "tad below my year-end target of 1550." -- SMS Capital Management,Steven Sheldon, CFA,Houston TX 07/03/2007

• MBA Chairman Robbins Testifies on Need to Protect Consumers While Maintaining Access to Mortgage Credit
John M. Robbins, CMB, Chairman of the Mortgage Bankers Association (MBA) testified today before the Senate Banking Committee`s Subcommittee on Housing, Transportation and Community Development. The hearing was titled, "Ending Mortgage Abuse: Safeguarding Homeowners." Robbins issued the following statement: -- MBA,John Mechem,Washington DC 07/03/2007

• Mortgage Applications Decrease in Latest MBA Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending June 22, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 618.6, a decrease of 3.9 percent on a seasonally adjusted basis from 643.7 one week earlier. On an unadjusted basis, the Index decreased 4.5 percent compared with the previous week and was up 16.3 percent compared with the same week one year earlier. -- MBA,Aleis Stokes,Washington D.c. 07/03/2007

• Coreland Companies Lands 7 New Retail Leasing Assignments in So. CA
Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in California, announced that its Leasing / Sales Division was awarded seven new retail leasing assignments in Southern California totaling more than a quarter million square feet, during the second quarter of 2007. The properties include Crown Valley Center in Laguna Beach, Lindale Center in Anaheim, Norco Towne Center in Norco, Lakeshore Village in Moreno Valley, Valley Plaza in Garden Grove, Katella Center in Orange and Sunset Village in Diamond Bar. -- Coreland Companies,anne monaghan,Tustin CA 07/03/2007

• LOVE FUNDING SECURES $3,837,800 IN FINANCING FOR TWO MULTIFAMILY COMPLEXES AND A SENIOR HOUSING FACILITY
Love Funding Corporation, a national mortgage-banking firm, today announced the recent closings of three loans totaling $3,837,800 for a senior housing facility and two multifamily complexes, all located in the Midwest. -- Love Funding Corporation,Bruce Gerhart,Cleveland OH 07/03/2007

• MBA Releases Commercial/Multifamily Quarterly Data Book, Q1 2007
The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the first quarter of 2007. The Data Book combines the most up-to-date information on various topics of interest to industry participants and observers. This edition includes the following topics: -- MBA,Angela C. Waugaman,Washington D.c. 07/03/2007

• Market Street Mortgage Closes on Email Challenges
Market Street Mortgage is among the nation`s leading retail originators of residential mortgage loans. Founded in 1986, the company is headquartered in Clearwater, Fla. and is a wholly owned subsidiary of NetBank. In 2005, Market Street Mortgage closed $3.4 billion in mortgage loans. Market Street Mortgage and its subsidiaries have more than 1,100 employees across 70 locations serving homebuyers, homebuilders and real estate agents in 49 states. -- Market Street Mortgage,Judy Smith, 07/03/2007

• MBA Drives Development of New Seismic Risk Assessment Standards
For the last three years, the Mortgage Bankers Association (MBA) and their Seismic Work Group have been actively working with the American Society for Testing and Materials International (ASTM) to revise E2026-99 - the Standard Guide for the Seismic Risk Assessment of Buildings - and to develop a new seismic risk assessment standard for commercial mortgages that are intended to be securitized. -- MBA,Angela C. Waugaman,Washington DC 07/03/2007

• Real disposable incomes, consumer spending tepid again in May
Core inflation stays within Fed`s comfort zone -- MarketWatch,Rex Nutting,,Washington DC 07/03/2007

• MBA Responds to Federal Regulators` Final Statement on Subprime Mortgage Lending
-- MBA,John Mechem,Washington DC 07/03/2007

• Mortgage Credit News - June 29, 2007
The 10-year T-note fell this week all the way to 5.05% from its 5.26% top two weeks ago. Mortgages have settled today near 6.75%. -- Boulder West,Lou Barnes,Boulder CO 07/03/2007

• Inflation Data Settles Fears - Yields Ease
The softer inflation news eased inflation concerns on Friday, pushing MBS and Treasury prices up modestly during the day, taking yields down. By the end of the week`s trading, the 10-year yield was down to 5.03% -- MortgageMag.com,Rob Hain,San Antonio Texas 06/29/2007