MMag Mortgage Lending July 31, 2007

• Wolters Kluwer Financial Services Helps Texas Lenders Respond Quickly to Regulatory Change and Better Educate Borrowers
Wolters Kluwer Financial Services today announced the availability of a new disclosure the company is offering mortgage lenders doing business in Texas that they can use with loan applicants to explain the consequences of committing mortgage fraud in the state -- a prison sentence of up to 99 years and a fine not to exceed $10,000 depending on the loan amount and value of the property. -- Wolters Kluwer Financial Services,Jennifer Marso,Minneapolis MN 07/27/2007

• Incisive Media Announces Launch of Beta Version of Mortgage Industry Search Engine Powered by Convera(R)
Incisive Media Announces Launch of Beta Version of Mortgage Industry Search Engine Powered by Convera(R) -- Incisive Media,John Severance,Vienna VA 07/27/2007

• Credit Repair Software and Services for the Mortgage Professional
Denver, CO Buffalo Creek Ent., L.L.C. has announced the launch of the MortgageCreditService.com web site. Mortgage Credit Service offers a Credit Repair Partner Program, the Credit2Win Credit Repair CRM Portal and the Credit2Win Pro 2007 Credit Repair Software. The Credit Repair Partner Program offers both the mortgage originators and the client access to the main CRM Portal to track the client repair file while MortageCreditService.com provides the repair activity. Credit2Win Pro 2007 is a standalone out-of-the-box credit repair software package, written for Microsoft XP and Vista. -- MortgageCreditService.com,Keith Puckett,Denver CO 07/27/2007

• iLeads.com to Offer Adjustable Rate Mortgage Leads Enhanced by First American Financial Corporation
Mortgage brokers gain access to recast dates, recast rates, payment increases. -- iLeads.com,Ted Sindzinski,Newport Beach CA 07/27/2007

• Mortgage Branch Meltdown from MortgageDaily.com
Net branch companies are among the latest mortgage meltdown casualties, according to http://www.mortgagedaily.com/ -- the dominant source of online news for the mortgage industry. -- MortgageDaily.com,Shaun Bartlett,Dallas TX 07/27/2007

• Mortgagebrokers.com Continues to Expand its National Sales Channel with the Addition of Well Established Mortgage Originators.
Denise Barnes, Linda Nguyen, Pauline McInnes, Norman Slinn, Jennifer Edwards and Shawna Gayford, are the newest recruited Mortgage originators expected to contribute an estimated origination book of business of $100.0 million. -- MortgageBrokers.com Inc.,Mr. Jody Janson,Toronto Can 07/27/2007

• AMERICAN HOME MORTGAGE AND JANNEY MONTGOMERY SCOTT ANNOUNCE STRATEGIC PARTNERSHIP
American Home Mortgage, one of the nation s leading residential mortgage lenders, has entered into a provider services agreement with Janney Montgomery Scott LLC, which boasts approximately 100 full-service investment offices along the East Coast. Under the agreement, American Home Mortgage will serve as the preferred mortgage lender to Janney and its 900 Financial Consultants who service over 350,000 client relationships. -- American Home Mortgage,John Lovallo,Melville NY 07/27/2007

• Credit Service Company Makes Credit Analysis Solution Available to Mortgage Professionals Nationwide
With Deal Maker Score, users can show borrowers how to increase their credit scores -- Market Kinetix, L,Rosalie Berg,Houston TX 07/27/2007

• Monarch Bank Announces Major Growth, Greatly Expands New Mortgage Operation
Monarch Bank (NASDAQ:MNRK) officially announced the expansion of its mortgage operations and a new name for the company. The new name is Monarch Mortgage, which replaced the previous trade name of Monarch Home Funding. The company`s new headquarters is located in the Reflections Office Park in Virginia Beach, and will continue to operate out of offices in Chesapeake and Norfolk. -- Monarch Financial Holdings, Inc.,William F. Rountree, Jr,Chesapeake Va., 07/27/2007

• Mortgage Credit News - July 27, 2007
In the financial panic underway now, frightened money is pouring into Treasurys, but for the first time in modern experience the overflow is only a modest benefit to mortgages. The 10-year Treasury note is all the way to 4.78%, down a half-percent in three weeks, but mortgages are stuck near 6.625%, just a hair off the June high. -- Boulder West,Lou Barnes,Boulder CO 07/27/2007

• Sutherland Global Services Names Leader of Banking, Financial Services & Insurance Markets
Sutherland Global Services, a leading multi-national Business Process Outsourcing (BPO) provider, today announced that Vik Renjen has joined the company as Senior Vice President and Head of Banking, Financial Services and Insurance (BFSI). Renjen will expand and manage Sutherland`s multi-national BFSI team including sales, business development, account management and service delivery at a global level. -- Sutherland Global Services,Michele Sadwick,Rochester NY 07/27/2007

• Terabitz Launches to Offer Integrated Solution for All Things Real Estate
Comprehensive and Customizable Real Estate Web Site Helps Consumers Make the Right Move -- Terabitz,Matt Marquess,Palo Alto CA 07/27/2007

• New Concept in Mortgage Lending Helps Homeowners Payoff Their Mortgage Faster Than Ever!
New Concept in Mortgage Lending Helps Homeowners Payoff Their Mortgage Faster Than Ever! -- First Alliance Home Mortgage,Sam Khalil,W0odbridge NJ 07/27/2007

• Melissa Data`s New Foreclosure Database Gives Savvy Real Estate Investors a Competitive Edge
24/7 online access to the most current foreclosure deals -- Melissa Data Foreclosure List,Betsy Scherzer,Rancho Santa Margarita CA 07/27/2007

• Astonish Results Launches the Mortgage Branch Builder Program
Mortgage Companies can now enlist Astonish Results to help them find, recruit and equip new mortgage branches. -- Astonish Results,Tim Sawyer,Warwick RI 07/27/2007

• U.S. second-quarter GDP rises 3.4% Fastest pace since first quarter of 2006; consumer spending slows
After hitting a pothole in the first quarter, the U.S. economy rebounded in the second quarter, growing at an annual rate of 3.4%, the fastest pace since the first quarter of 2006, the Commerce Department said Friday. -- MarketWatch,Greg Robb,Washington DC 07/27/2007

• Hyland Software Named Top 50 Provider by Mortgage Technology Magazine
Company recognized as one of the `best and brightest` four years running - -- Hyland Software Inc.,Lindsey Quirk,Cleveland OH 07/26/2007

• Fannie Mae Chief Economist David Berson to Discuss 2007 Economic and U.S. Mortgage Market Outlook
WHO: David Berson VP & Chief Economist, Fannie Mae -- Fannie Mae,Jason Lobo, 07/26/2007

• Wolters Kluwer Financial Services Offers Credit Unions `One` Comprehensive Solution To Help Meet Compliance and Operational Risk Management Needs
ComplianceOne Gives Credit Unions All Tools Needed to Create Complete Loan, Mortgage, Deposit or IRA Packages on Single Delivery Platform -- Wolters Kluwer Financial Services,Jennifer Marso,Minneapolis MN 07/26/2007

• Composite Solutions, Inc., to Capitalize on Foreclosure Rate
Composite Solutions, Inc. (CPUT) announced today it was forming a subsidiary to focus on the opportunities arising out of the growing foreclosure market. -- Composite Solutions, Inc.,Walter Wright,Newport Beach CA 07/26/2007

• Foreclosure Rates Climb in States with High Unemployment, But Mortgage Fraud Contributing Factor
According to a national group representing local organizations who work with low and moderate-income populations, increasing foreclosures is fast-becoming the number one problem facing their communities, with outright mortgage fraud, questionable lending practices and job loss all contributing factors, a new survey showed. -- National Alliance for Community Eco,Jane DeMarines,Washington DC 07/26/2007

• New Concept in Mortgage Lending Helps Homeowners Payoff Their Mortgage Faster Than Ever!
Homeowners across the country have found a way to pay off their mortgage in record time and save hundreds of thousands of dollars in mortgage interest without changing their income or spending habits. Popular in Australia and the U.K., a FAHM loan, an acronym for First Alliance Home Mortgage, a New Jersey based Mortgage company that is marketing this new mortgage concept, allows homeowners to apply all of their income to the principal balance on their mortgage. -- First Alliance Home Mortgage,,Vw0odbridge N.j., 07/26/2007

• Greystone Residential Funding Announces New Business Relationship With Freddie Mac to Assist Community Lenders
Greystone Residential Funding, Inc. (Greystone), an emerging leader in wholesale lending, announces it has formed a new business relationship with Freddie Mac (NYSE:FRE) . The formation is intended to bring greater flexibility, enhanced tools, and lending options to the nation`s community lenders. Through this relationship, Freddie Mac`s customers gain access to an expansive mortgage product menu, innovative technology, and a comprehensive set of tools and services to streamline and enhance their mortgage operations. -- Greystone Residential Funding, Inc.,Amy Hansen,Middleton WI 07/26/2007

• New Minnesota Law Violates Federal Law and Denies Consumers Choice in Shopping for Mortgages, Says Consumer Reporting Association
The Consumer Data Industry Association (CDIA), has filed a lawsuit challenging a newly enacted Minnesota law that effectively bans competing mortgage loan offers to the state`s consumers and, in doing so, challenges the operation of nationwide lending practices established under federal law. -- Consumer Data Industry Association,Norm Magnuson,Washington 07/26/2007

• J.D. Power and Associates Reports: Wachovia Ranks Highest in Customer Satisfaction with Home Equity Line/Loan Origination for a Second Consecutive Year
Highly Satisfied Home Equity Line/Loan Origination Customers Can Bring Increased Retention, Recommendations and Product Sales to Lenders -- J.D. Power and Associates,Elaine Pacheco,Westlake Village CA 07/26/2007

• Seven Simple Steps to Raising Credit Scores
As lenders tighten their loan underwriting guidelines, borrowers can respond by raising their FICO scores -- Jamison Law Group,Rosalie Berg,Los Angeles CA 07/26/2007

• American Business Advantage Partners with Loan Service to Save People`s Homes
New troubles in the sub-prime segment of the U.S. housing market have made some Americans fearful of losing their homes. As a result, American Business Advantage has partnered with the Community Loan Service Center to launch a national foreclosure prevention program. -- American Business Advantage,Elliott Bradley,Los Angeles CA 07/26/2007

• FHA Experts Join Leading National Multifamily Mortgage Lender
Enterprise FHA Insured Mortgages Provide Integral Financing Component -- Enterprise Community Investment, In,Kathy Cooke,Columbia MD 07/26/2007

• Wintrust Financial Corporation Announces Plans to Acquire Broadway Premium Funding Corporation
Wintrust Financial Corporation ("Wintrust") (NASDAQ:WTFC) today announced the signing of a definitive agreement to acquire Broadway Premium Funding Corporation ("Broadway") from Sumitomo Corporation of America. Since 1999, Broadway has been providing financing for commercial property and casualty insurance premiums, mainly through insurance agents and brokers in the northeastern portion of the United States and California. -- Wintrust Financial Corporation,Edward J. Wehmer,Lake Forest IL 07/26/2007

• The Subprime Crisis: What Happens Next? Tonight on BLOOMBERG TV
Mortgage defaults are rising and hedge fund losses are mounting, creating more uncertainty for investors already worried about the fallout from subprime lending. -- Bloomberg,Heidi Tan,New York NY 07/26/2007

• Optimist 7.3 Software Delivers Enhanced Credit Risk Management Solution
Inmatrix reinforces its reputation as a global leader in credit risk management solutions with the release of Optimist 7.3. -- Inmatrix,Smorgon Ricky,San Francisco CA 07/26/2007

• Ellie Mae Offers Zenta Broker Services for Speedy, Cost-Efficient Outsourced Processing
Zenta, a world-class knowledge process outsourcing (KPO) and business process outsourcing (BPO) company and Ellie Mae, an award-winning provider of innovative software and services for the mortgage industry, have entered into an affiliated partner agreement to offer Zenta`s Broker Services through Ellie Mae`s award-winning ePASS(R) Network web portal. -- Zenta,David Jones,New York NY 07/26/2007

• Apatar to Officially Launch World s First Open Source On-Demand Data Integration Company at the Red Herring East Conference, June 26-28, 2007, in Boston, MA
Apatar, Inc., today announced Apatar Enterprise Data Mashups , the world s first open source on-demand data integration software tools and services at the Red Herring East Conference, being held June 26-28, 2007, in Boston, MA. -- Apatar, Inc.,,Alex Khizhnyak,Chicopee MA 07/26/2007

• Lendia Launches West Coast Initiative
As part of its ongoing expansion, Lendia, LLC, is launching an aggressive west coast sales initiative to promote its comprehensive outsource solutions for mortgage companies. Lendia has hired six new business development managers, based in California, who will be targeting states west of the Mississippi River. -- Lendia, LLC,Kate Ferenczy,Marlborough MA 07/26/2007

• Federal Regulators, Lenders and Wall Street Blamed for Worsening Housing and Mortgage Crisis
Investment Research Firm Offers Nine Proposals for Recovery -- Weiss Research,Joy Howell,Jupiter FL 07/26/2007

• "Viva Fiesta! Viva TAMB!"
Thursday-Saturday, September 13-15, 2007 Marriott Rivercenter Hotel & Henry B. Gonzalez Convention Center San Antonio, TX -- TMBA,,San Antonio TX 07/26/2007

• GreenPoint Mortgage Funding Inc. Awarded CampusMBA`s "Best Overall Corporate Training Program" For Second Consecutive Year ; GMAC Receives Honorable Mention
CampusMBA, the educational division of the Mortgage Bankers Association, today awarded GreenPoint Mortgage Funding Inc. the "Best Overall Corporate Training Program" Award for the second consecutive year. In addition, GMAC Mortgage was awarded the "Best Overall Corporate Training Program" honorable mention. The awards are part of CampusMBA`s annual Corporate Training and Education (CTE) Awards which recognize real estate finance companies whose training programs exemplify innovation and effectiveness. -- MBA,Aleis Stokes,Washington DC 07/26/2007

• Charlotte O`Donnell of the Colorado Mortgage Lenders Association Awarded "Education Advocate of the Year" by CampusMBA
CampusMBA, the educational division of the Mortgage Bankers Association, today awarded Charlotte O`Donnell of the Colorado Mortgage Lenders Association (CMLA) its "Education Advocate of the Year" Award. The award, part of CampusMBA`s annual Corporate Training and Education (CTE) Awards, recognizes an industry professional who facilitates, advocates, and promotes education within his or her company, the industry, and the community. -- mba,Stokes,Washington DC 07/26/2007

• Wells Fargo Closes Nonprime Wholesale Lending Business
Wells Fargo Home Mortgage, a division of Wells Fargo Bank, N.A., said today that it will close its nonprime wholesale lending business, which processes and funds nonprime loans for third-party mortgage brokers. In 2006, this business represented 1.6 percent of Wells Fargo`s total residential mortgage loan volume of $397.6 billion(1). -- Wells Fargo,,Des Moines IA 07/26/2007

• Dow Jones Industrial Average down 245 points to day`s lowest level
-- Market Watch,, 07/26/2007

• MBA Applauds SEC Interpretation of FAS 140 Implications of Certain Loan Modifications
John M. Robbins, CMB, Chairman of the Mortgage Bankers Association today applauded a letter from SEC Chairman Christopher Cox to House Financial Services Committee Chairman Barney Frank. The letter affirms that lenders can make loan modifications when a default is reasonably foreseeable, rather than waiting until the loan is already in default. This view is consistent with the one taken by MBA in a recent position paper titled FAS 140 Implications of Restructurings of Certain Securitized Residential Mortgage Loans. -- mb mo pa,John Mechem,Washington DC 07/26/2007

• Wells Fargo to close subprime wholesale lending business
Wells Fargo Home Mortgage said Thursday it will close its nonprime wholesale lending business, which processes and funds subprime loans for third-party mortgage brokers -- Marketwatch,Gabriel Madway,San Francisco CA 07/26/2007

• ZC Sterling and Keane Launch New Venture, BestShores(SM), for Global Business Outsourcing
The Mortgage Industry Increases Use of Global Business Process Outsourcers -- ZC Sterling,SAN RAMON, Ca,San Ramon CA 07/26/2007

• `Stop Foreclosure Now`: Homeowners Facing Foreclosure Find Helpful Information in Unique New Book
Foreclosure is a homeowner`s worst nightmare. According to author Lloyd Segal, the number of foreclosures has reached its highest level in more than 10 years. His new book, "Stop Foreclosure Now: Save Your House if You Can, Save Your Credit if You Can`t" (now available through AuthorHouse), is a unique guide for homeowners who want to avoid foreclosure and protect their credit as much as possible. -- AuthorHouse,Lloyd Segal,Beverly Hills CA 07/26/2007

• Senior Financial, Inc. to Acquire Liberty Reverse Mortgage, Inc.
Senior Financial, Inc., a wholly owned venture investment subsidiary of Genworth Financial, Inc. announced today that it has entered into an agreement to acquire Liberty Reverse Mortgage, Inc., headquartered in Rancho Cordova, California. Liberty is an independent reverse mortgage lender. -- Genworth Financial,Tom Topinka,Richmond VA 07/26/2007

• Homeowners Insurance Guide Now Available from KeepandShare.com
Free printable guide to homeowners insurance now available, including 29 articles on lowering costs and improving coverage from your homeowners insurance policy - ideal for renters, condominium owners and homeowners. -- KeepandShare.com,Robert Carr,San Francisco CA 07/26/2007

• Despite Rates, Mortgage Applications Rise, Says MortgageCreditProblems.com
In spite of the recent hike in mortgage rates, the number of mortgage applications rose. Though recent news has been negative due to the subprime mortgage lending problems, borrowers seem interested in applying for new home loans this summer. MortgageCreditProblems.com, a leading online resource for borrowers with bad credit, has top advice on securing a bad credit home loan and can help connect visitors with the right lender. -- MortgageCreditProblems.com,JO VIOLET, 07/26/2007

• Filling the Appraiser Assisted AVM and BPO Gap: Pro-Teck Services Introduces CollateralPoint
Pro-Teck, a national provider of real estate collateral valuation solutions, announced the introduction of a new valuation service that delivers an Appraiser Assisted model focused on objectivity while streamlining the collateral due diligence process. -- Pro-Teck,Domenica Puleo,Waltham Mass 07/26/2007

• `The SECRET That BANKS FEAR` by Consumer Advocate Dr. Lisa Rosenberger is Being Called a Financial Masterpiece as Its Highly Anticipated Arrival Has Homeowners Cheering!!
Owning a home has always been the great American dream, but for millions of homeowners, it has become the great American nightmare. -- American Mortgage Educators, Inc.,Dr. Lisa Rosenberger,Seattle WA 07/26/2007

• Countrywide Home Loans Launches It`s Your Choice Mortgage Campaign
National survey illustrates homeowners` desire for complete, transparent mortgage and home loan cost options -- Countrywide Home Loans, Inc.,,Calabasas CA 07/26/2007

• Biggest Mortgage Lenders from MortgageDaily.com
With second quarter earnings reporting well underway, most major mortgage bankers saw residential loan production soar from the first quarter, according to http://www.mortgagedaily.com/ -- the dominant source of online news for the mortgage industry. -- MortgageDaily.com,Shaun Bartlett,Dallas TX 07/26/2007

• NCRC Calls for Greater Consumer Protections and Enforcement and Disclosures of Lending Practices
The National Community Reinvestment Coalition (NCRC) will give testimony on Wednesday July 25 before the House Oversight and Investigation Subcommittee of the House Financial Services Committee on the use of Home Mortgage Disclosure Act (HMDA) data to detect discrimination in home mortgage lending. -- National Community Reinvestment Coa,Jesse Van Tol,Washington DC 07/26/2007

• United Community Financial Corp. Agrees to Acquire PVF Capital Corp.
United Community Financial Corp. (NASDAQ:UCFC) , holding company for The Home Savings and Loan Company and Butler Wick Corp., announced today it has signed a definitive agreement to acquire PVF Capital Corp. (NASDAQ:PVFC) . Headquartered in Solon, Ohio, PVF Capital Corp. is the holding company for Park View Federal Savings Bank and operates 17 full-service branches throughout the Greater Cleveland area. -- PVF Capital Corp.,Patrick Kelly,Youngstown OH 07/26/2007

• Eval D Media, Inc. Announces the Roll Out of www.CreKnow.com, a New Online Tool to Help Commercial Real-Estate Investors Maximize Profits
Eval D Media, Inc. today announced the introduction of the informational website for real estate investors, http://www.creknow.com/. This comprehensive site provides investors with the information needed to make educated real estate purchases. The site also offers investors advice on where to obtain financing and how to operate small commercial real estate or multifamily properties. Investors can access over 150 articles online such as "How to use SBA Real Estate Financing Programs to Your Advantage" and "Seven Strategies for Improving Cash Flow." New articles are uploaded daily to the website. -- Eval D Media, Inc.:,Adriana Serna,Coral Gables FL 07/26/2007

• Tenacity Group, Long & Foster Team Up to Enhance and Extend Residential Sales Service and Capabilities
Area Condominium Experts in New Alliance With Mid-Atlantic Real Estate Leader -- Tenacity Group,Marina Ein,Washington DC 07/26/2007

• Bankrate: Mortgage Rates Ease Lower
Mortgage rates retreated, with the average 30-year fixed mortgage rate now 6.75 percent. According to Bankrate.com`s weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.29 discount and origination points. -- Bankrate, Inc.,Kayleen Keneally,New York NY 07/26/2007

• a la mode Now Providing Free Websites to Real Estate Agents
Company removes barrier to taking advantage of powerful, fully supported, custom websites and agent marketing solutions -- a la mode, inc.,,Hugh Siler,Salt Lake City UT 07/26/2007

• Collection Industry Adopts New Standards of Conduct
ACA International Code of Ethics promotes the interests of consumers -- ACA International,Nate Thompson,Chicago IL 07/26/2007

• CAMBRIDGE SAYS 199 LOAN ORIGINATION REQUESTS ARE REVIEWED BY COMPANY IN FIRST HALF OF 2007
Cambridge Realty Capital Companies reports processing 199 loan origination requests totaling $2.44 billion in the first half of 2007. -- Perimeter eSecurity,,Katie Trice,Cambridge Realty Capital Companies 07/26/2007

• LOVE FUNDING PROMOTES O`BRIEN AND CAMPS
Love Funding, a national mortgage banking firm, has announced the recent promotions of Thomas O`Brien to Senior Vice President and Managing Director of Conventional Lending and Jonathan Camps to Vice President – FHA Chief Underwriter. Both work at Love Funding`s office in Washington, D.C. -- Love Funding is,Julie Hauser,Washington D.c 07/26/2007

• Leading Provider of Bank Security Software-as-a-Service, Perimeter eSecurity, Named to CRN s 2007 Fast Growth 100
Perimeter eSecurity, the only provider of complete security on demand, today announced that it has been honored by the CMP Channel s CRN as a 2007 Fast Growth 100 Solution Provider. -- Perimeter eSecurity,Cathy Clarke,Milford CT 07/26/2007

• Existing home sales fall to 5-year low of 5.75 million
U.S. sales of existing homes fell 3.8% in June to a seasonally adjusted annual rate of 5.75 million, the lowest rate since November 2002, the National Association of Realtors reported Wednesday. Sales in June were down 11.4% from June 2006. Inventories of unsold homes on the market fell by 180,000, or 4.2%, to 4.20 million, representing a 8.8-month supply at the June sales rate. The months` supply was also 8.8 months in May, the highest since 1992. The median sales price was $230,100, up 0.3% since June 2006. It`s the first time in 11 months that median sales prices did not fall compared with a year earlier. -- MarketWatch,Rex Nutting,Washington DC 07/26/2007

• U.S. new-home sales drop 6.6% to 834,000 in June
Sales of new homes declined 6.6% in June to a seasonally adjusted annual rate of 834,000, the Commerce Department estimated Thursday. Sales are now down 22.3% compared with June 2006. The sales pace in June was the lowest since March`s 830,000, which was the lowest since 1999. Economists were expecting sales to fall to an 890,000 annualized pace in June. Sales dropped in three of four regions. Sales in the West fell 22.5% to the lowest level in 12 years. Inventories of unsold homes were unchanged at 537,000. The median sales price was $237,900, down 2.2% compared with June 2006. -- MarketWatch,Rex Nutting,Washington DC 07/26/2007

• FHA Loan Guide Reaches 1,000 Downloads
The free FHA Lending Guide presented by the Mortgage Loan Place has been downloaded one thousand times, as of Monday. The comprehensive guide on FHA Loans is designed to educate consumers about all steps involved with the lending process. -- Mortgage Loan Place,NATHANIEL BROUGHTON, 07/25/2007

• Mortgage Applications Decrease in Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 20, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 609.0, a decrease of 3.6 percent on a seasonally adjusted basis from 631.6 one week earlier. On an unadjusted basis, the Index decreased 3.5 percent compared with the previous week and was up 13.1 percent compared with the same week one year earlier. -- MBA,Aleis Stokes,Washington D.c. 07/25/2007

• New Program Revolutionizes the Mortgage Industry
Mortgage acceleration has exploded as a popular new program many mortgage professionals are using to increase their business and add huge value to their current and future clients. In this slowing market it has proven to be a lifeline for many professionals to maintain and rise above previous year`s income. -- Mortgage Ledger,David Brown, 07/25/2007

• Education is the Key to Owning a Home, it`s that Simple
MBA Releases Two Valuable Educational Tools for Consumers on the Mortgage Process -- mba,Angela C. Waugaman,Washington D.c 07/25/2007

• Five in Ten Americans Polled Cannot Weather a Financial Storm
Bankrate Poll: Men Are Better Savers Than Women -- Bankrate, Inc.,Kristin Arnold,New York NY 07/24/2007

• First American Launches Debt Recovery Software Company
- First American Intelligent Recovery Systems to Market Comprehensive Debt Collections Collaboration Software to U.S.-based Creditors and Debt Recovery Vendors - -- The First American Corporation,Carrie Gaska,Dallas TX 07/24/2007

• Equifax Delivers Strong Revenue and Earnings in Second Quarter 2007; Completes Largest Acquisition in Company`s History
Equifax Delivers Strong Revenue and Earnings in Second Quarter 2007; Completes Largest Acquisition in Company`s History -- Equifax Inc.,Jeff Dodge,Atlanta Ga 07/24/2007

• MRU Holdings, Inc. Announces Fiscal 2007 Loan Origination Volume, Year on Year Increase of 296%
MRU Holdings Inc. (NASDAQ:UNCL) , a specialty finance company that provides federal and private student loans through its consumer brand MyRichUncle(TM), today announced strong volume growth for its fiscal year 2007. -- MRU Holdings Inc,Karin Pellmann,New York NY 07/24/2007

• Altair Data Resources Launches Innovative Home Value Model
Altair Data Resources, a leader in data solutions, is making it easier for mortgage direct marketers to realize increased accuracy in attracting new business prospects through our Comprehensive Valuation Model (CVM) for calculating home property values. In turn, such a lift in prospecting accuracy helps to better position users of Altair`s CVM data to maximize the return on their direct marketing and sales investments. -- Altair Data Resources,Andy Riddle,,Nashville TN 07/24/2007

• 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,Laguna Hills CA 07/24/2007