MMag Mortgage Lending December 31, 2007

• Wolters Kluwer Financial Services Acquires the Assets of Stewart Lender Services` Flood Determination Business
Wolters Kluwer Financial Services announced today that the company has signed an agreement to acquire substantially all of the assets of Stewart Lender Services` (Stewart`s) flood determination business. -- Wolters Kluwer Financial Services,Jennifer Marso,Minneapolis MN 12/31/2007

• Mortgage Applications Decrease In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 21, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 603.8, a decrease of 7.6 percent on a seasonally adjusted basis from 653.8 one week earlier. On an unadjusted basis, the Index decreased 8.2 percent compared with the previous week and was up 9.9 percent compared with the same week one year earlier. -- MBA,John Mechem,Washington DC 12/31/2007

• BRUCE GERHART OF LOVE FUNDING SECURES $2,981,500 MILLION LOAN FOR WOODLAWN MEADOWS IN HASTINGS, MI
National mortgage-baking firm Love Funding today announced that Bruce Gerhart, Midwest Regional Manager at the firm`s Cleveland office, secured a $2,981,500 million refinance loan for Woodlawn Meadows, an assisted living and memory care facility located in Hastings, Mich. -- Love Funding,Julie Hauser,Cleveland OH 12/31/2007

• LEONARD LUCAS OF LOVE FUNDING`S BOSTON OFFICE SECURES $21,946,900 HUD 232/223(f) LOAN FOR GEER SENIOR HOUSING COMPLEX
An inflation-inspired popup in rates is reversing on news of a weakening economy. Mortgages are still above 6.00% (touched 6.25% at Christmas Eve worst), and markets will now hold until the release of all-powerful payroll numbers on Friday, January 4th. -- Love Funding,Julie Hauser,Boston MA 12/31/2007

• Mortgage Credit News - December 28, 2007
An inflation-inspired popup in rates is reversing on news of a weakening economy. Mortgages are still above 6.00% (touched 6.25% at Christmas Eve worst), and markets will now hold until the release of all-powerful payroll numbers on Friday, January 4th. -- Mortgage Credit News,Lou Barnes,Boulder CO 12/31/2007

• Stay In Home Reverse Mortgage Named `Best in the Northwest` Family Business Award Finalist
Company honored for its performance and commitment to the community -- Stay In Home Reverse Mortgage,Dana Pake,Bellevue WA 12/31/2007

• MBA Reacts to Fed`s Proposed Rule on HOEPA
Kieran P. Quinn, CMB, Chairman of the Mortgage Bankers Association (MBA) issued this statement today following the Federal Reserve Board`s proposed changes to Regulation Z (Truth in Lending) under the Home Ownership and Equity Protection Act (HOEPA). The proposed rules would restrict certain lending practices and would also require certain mortgage disclosures to be provided earlier in the mortgage transaction. -- MBA,John Mechem,Washington DC 12/31/2007

• HFF Chicago hires Bill Mitchell as managing director in Note Sale Advisory Group
HFF (Holliday Fenoglio Fowler, L.P.) is pleased to announce further growth to its Note Sale Advisory Group with the addition of Bill Mitchell as managing director in the Chicago office. -- Holliday Fenoglio Fowler, L.P.,STUART M. SALINS,Chicago IL 12/31/2007

• Mortgage Applications Decrease In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 14, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 653.8, a decrease of 19.5 percent on a seasonally adjusted basis from 811.8 one week earlier. On an unadjusted basis, the Index decreased 21.3 percent compared with the previous week and was up 1.7 percent compared with the same week one year earlier. -- MBA,John Mechem,Washington DC 12/31/2007

• MBA Names New Senior Directors and Directors
The Mortgage Bankers Association (MBA) today announced the promotions of four employees to the Senior Director and Director status. Those promoted include John Hawkins to Senior Director of Meetings; Orawin Velz to Senior Director of Macroeconomic Forecasting; Bill White to Director of Network Administration and Security; and Rebecca Vandall to Director of Meetings. -- MBA,John Mechem,Washington DC 12/31/2007

• First Half 2007 Mortgage Originations Continue Shift to Fixed Rate Products from Adjustable Rate Products
Fixed rate mortgages dominated mortgage originations in the first half of 2007 according to the Mortgage Bankers Association`s (MBA`s) Mortgage Originations Survey released today. The fixed rate share showed a big jump from the second half of 2006. -- MBA,Carolyn Kemp,Washington DC 12/31/2007

• Subprime Loans Shift to More Fixed Rate Products During the First Half of 2007
The percentage of subprime loans originated in the first half of 2007 that were fixed rate grew to 31 percent from 25 percent in the second half of 2006 according to the Mortgage Bankers Association`s (MBA`s) Subprime Mortgage Originations Survey released today. -- MBA,C Kemp,Washington DC 12/26/2007

• HFF secures $71.25 million financing for suburban Milwaukee, Wisconsin office building
The Indianapolis office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured $71.25 million in financing for a 506,195-square-foot, Class A office building in western suburban Milwaukee, Wisconsin. -- Holliday Fenoglio Fowler, L.P.,Julie Hauser,Indianapolis IN 12/24/2007

• House Passage of Terrorism Risk Insurance Program Extension Draws MBA Praise
The Mortgage Bankers Association, a leading advocate for an extension of TRIEA, today applauded House passage of the Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA), H.R. 2761. -- MBA,Jason Vasquez,Washington DC 12/23/2007

• MBA Releases 3rd Quarter 2007 Commercial Real Estate/ Multifamily Finance Quarterly Data Book
The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the third quarter of 2007. The Data Book compiles the most up-to-date information on topics of interest to financial investment industry participants and observers. -- MBA,John Mechem,Washington DC 12/23/2007

• Mortgage Credit News
In as strange a stew of news as you`ll ever see, mortgage rates have risen close to 6.25%, led by the 10-year T-note`s leap from 3.85% to 4.25%. -- Boulder West,Lou Barnes,Boulder CO 12/22/2007

• U.S. incomes fall, spending flat in October
-- Marketwatch,Rex Nutting, 12/03/2007

• FBI Report Shows Mortgage Defaults and Foreclosures Linked to Borrower Fraud
70 percent of early payment defaults linked to misrepresentations in mortgage loan applications -- Rapid Reporting,Rosalie Berg,Fort Worth TX 12/03/2007

• NYLX LAUNCHES LOANBOOK, A FIRST-OF-ITS-KIND PRICING ENGINE
Technology enables lenders to optimize pricing on every loan being sold to investors -- NYLX,Rosalie Berg,Mt. Arlington NJ 12/03/2007

• Mortgage Credit News - November 30, 2007
We saw the first low-fee 30-year mortgage trades this week with a "5" in front (fleeting 5.875%), but carry this thought foremost: the low for mortgages will be at the moment of greatest fear, possibly right now. The moment the authorities engage effectively in stopping the worst credit crisis since the 1930s, mortgage rates will bottom -- no matter how far the Fed cuts its cost of money in the months ahead. -- Boulder West,Lou Barnes,Boulder CO 12/01/2007

• MBA Annual Report Reveals $5 Billion, 4 Percent Increase in Multifamily Property Lending in 2006
The Mortgage Bankers Association (MBA) today released its 2006 Annual Report on Multifamily Lending, showing a $5 billion lending increase between 2005 and 2006. The diverse multifamily lending market grew by four percent, from $133 billion in closed loans in 2005 to $138 billion in 2006. -- MBA,Jason Vasquez,Washington DC 12/01/2007

• FIRST AMERICAN CREDCO`S ANTHEM IS COMPLIANT WITH FREDDIE MAC`S UPDATED GUIDELINES FOR NON-TRADITIONAL CREDIT
Anthem RMCR Exceeds Guidelines for Single-Family Seller/Servicer Guide -- First American CREDCO,David Woodruff,Poway CA 11/26/2007

• SearchMyLoan.com Announces Strategic Alliance With Chevy Chase Bank
Simplifies lending process for originators -- SearchMyLoan.com,Sarah Wroble,Port Washington NY 11/26/2007

• LOVE FUNDING`S NEW YORK OFFICE SECURES A $1,669,500 LOAN FOR PLAZA APARTMENTS
Love Funding today announced that its New York office closed a $1,669,500 refinance of a FHA 221(d)(4) new construction loan for a multifamily housing complex in North Carolina. Bill Jones, First Vice President and Senior Loan Originator with Love Funding`s New York office, originated the transaction. -- Love Funding,Julie Hauser,New York NY 11/26/2007

• U.S. Rep. Wu Can Act to Save 830 Homes in Congressional District From Foreclosure During Subprime Mortgage Crisis
Estimate of Number of Homeowners Who Could Save Home Based on Publicly Available Data from Center for Responsible Lending; Rep. Wu Urged to Support Pending Bills to Eliminate Unfairness in Mortgage Foreclosure Process -- National Association of Consumer Ba,Ailis Aaron Wolf,Portland OR 11/26/2007