MMag Mortgage Lending February 15, 2008

• First American CoreLogic Releases December 2007 LoanPerformance Home Price Index
Three-Quarters of ZIP Codes Exhibit Quarterly Decreases; Annualized Trends More Moderate -- First American CoreLogic,Carrie Gaska,SAN FRANCISCO California 02/15/2008

• Data Warehouse Launches New Wholesale Division
New division designed to enhance the lead generation activities of list brokers, data resellers, telemarketing call centers and direct mail & marketing agencies. -- Data Warehouse Corp.,Todd Johnson,Boca Raton Florida 02/15/2008

• HFF hires Lee Norman as managing director in Los Angeles office
(Holliday Fenoglio Fowler, L.P.) announced today that it has hired Lee Norman as a managing director in its Los Angeles office focusing on debt and equity placement for all property types throughout the western United States. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Los Angeles CA 02/15/2008

• ROBYN CUNNINGHAM OF LOVE FUNDING`S ST. LOUIS OFFICE SECURES $2,210,000 FOR WESTVIEW NURSING HOME
National mortgage-banking firm Love Funding today announced the recent closing of a $2,210,000 refinance loan for the Westview Nursing Home located in Center, Mo. Robyn Cunningham, vice president of Love Funding`s St. Louis office, originated the transaction. -- Love Funding Corp.,Robyn Cunningham,Saint Louis Missouri 02/15/2008

• HFF secures $7.4 million financing for office and warehouse facility in Culver City, California
The Los Angeles office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured $7.4 million in financing for 3975 Landmark Street, a 37,000-square-foot office and warehouse facility in Culver City, California. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,LOS ANGELES ca 02/15/2008

• HFF secures $98 million financing for Jefferson Plaza I & II in Arlington, Virginia
The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured a $98 million financing for Jefferson Plaza I & II, office buildings totaling 517,305 square feet in Arlington, Virginia. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,WASHINGTON DC 02/15/2008

• MBA's Quinn Sounds Caution on Senate Housing Package
Kieran P. Quinn, CMB, Chairman of the Mortgage Bankers Association (MBA) expressed reservations about several of the provisions contained in the Foreclosure Prevention Act of 2008, introduced in the Senate yesterday. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 02/15/2008

• MBA Hails 'Project Lifeline'
Kieran P. Quinn, CMB, Chairman of the Mortgage Bankers Association (MBA) applauded the announcement today of a new initiative, Project Lifeline, in which major mortgage servicers agreed to new outreach efforts and loss mitigation procedures that could result in a temporary pause of foreclosure proceedings for seriously delinquent borrowers who demonstrate a willingness to work with their servicer on a loan modification plan. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 02/14/2008

• Mortgage Applications Decrease In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 8, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 1063.5, a decrease of 2.1 percent on a seasonally adjusted basis from 1086.6 one week earlier. On an unadjusted basis, the Index decreased 0.4 percent compared with the previous week and was up 65 percent compared with the same week one year earlier. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 02/14/2008

• Rachel Dollar, CMB Testifies on Mortgage Fraud
\"The impact of fraud, scams and deceptive practices on the elderly can be both psychologically and financially devastating\" -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 02/14/2008

• MBA`s Quinn`s Applauds Signing of Stimulus Package
Kieran P. Quinn, CMB, Chairman of the Mortgage Bankers Association (MBA) today issued the following statement upon President Bush\`s signing of legislation to promote continued economic growth: -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 02/14/2008

• Foreign Investors Hit U.S. Property Auction Site in Record Numbers
Weak dollar spurs increased interest in U.S. real estate -- Fast Home Auction,Rosalie Berg 1,New York New York 02/12/2008

• DOVER MORTGAGE DEPLOYS ELLIE MAE’S ENCOMPASS LOS
Company can now handle four times the loan volume without additional staffing -- Ellie Mae Inc.,Rosalie Berg 1,Pleasanton California 02/12/2008

• Avista Solutions Experiences Record Growth in 2007
Company`s 2007 volume up 42 percent over 2006 as mortgage companies increasingly turn to technology that enables them to respond to the volatile market -- Avista Solutions,Rosalie Berg 1,Columbia South Carolina 02/12/2008

• HFF secures joint venture equity and debt financing for Station Landing in Medford, Massachusetts
The Boston office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured joint venture equity and debt financing for Station Landing, a “new urbanism” mixed-use project in Medford, Massachusetts. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Boston MA 02/12/2008

• HFF arranges $104 million construction loan for speculative office development in Washington, D.C.
The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged a $104 million construction loan facility for the development of 901 K Street, a 261,000-square-foot trophy office building located in Washington, D.C.’s central business district. -- HFF (Holliday Fenoglio Fowler, L.P.),,WASHINGTON dc 02/12/2008

• HFF arranges $20 million leasehold financing for Waldemere Medical Plaza in Sarasota, Florida
The Boston office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged $20 million in leasehold financing for Waldemere Medical Plaza, an eight-story, 149,710-square-foot medical office building in Sarasota, Florida. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Boston MA 02/12/2008

• HFF secures $9.9 million in financing for California boutique hotels
The San Francisco and Orange County offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they secured $9.9 million in financing for The Springs of Palm Springs Hotel in Palm Springs and The Orchid Inn in San Simeon, California. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,SAN FRANCISCO ca 02/12/2008

• Eric Werner of Hanley Investment Group Promoted to Vice President
Werner Earns Top Producer Award at HIG -- Hanley Investment Group Real Estate,, 02/12/2008

• MBA`s Quinn Applauds Stimulus Agreement
Kieran P. Quinn, CMB, Chairman of the Mortgage Bankers Association (MBA) today hailed last night\`s passage in the House and Senate of an economic stimulus package. Quinn issued the following statement: -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 02/12/2008

• MBA`s `Stop the Cram Down Resource Center` Puts a Price Tag on Bankruptcy Reform
A proposed change in the bankruptcy law that would allow bankruptcy judges to unilaterally change the terms of mortgage contracts would cost home buyers across the country hundreds of dollars every month and thousands of dollars a year, according to a new resource on MBA`s website: www.mortgagebankers.org/stopthecramdown . -- Mortgage Bankers Association of Ame,John Mechem,Washington District of Columbia 02/12/2008

• MBA Supports FHA and GSE Reforms -- Raises Concerns on Some Provisions in Budget
The Mortgage Bankers Association (MBA) expresses support for major aspects of the Administration\`s proposed budget for housing. MBA specifically applauds the efforts to modernize FHA and to allow tax exempt bonds to be used for refinancing for troubled borrowers. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 02/12/2008

• LAURA SAULL-SMITH OF LOVE FUNDING`S WASHINGTON D.C. OFFICE SECURES $22,762,000 LOAN AND $5 MILLION ACCOUNTS RECEIVABLE FINANCING LINE FOR 328-BED NURSING HOME PORTFOLIO IN MISSISSIPPI
National mortgage-baking firm Love Funding is pleased to announce the recent closing of a $22,762,000 interim bridge loan which funded the purchase of five nursing home facilities in Mississippi. Laura Saull-Smith, senior vice president and senior loan originator with Love Funding`s Washington, D.C., office originated the transaction for the borrower, Briar Hill Management. -- Love Funding Corp.,Laura Saull,Washington dc 02/08/2008

• Consumer Confidence Rebounds in May
Consumer confidence bounced back unexpectedly in May, helped by optimism about the job market even as shoppers` concerns about gasoline price-driven inflation increased. -- MortgageMediaMag.com,, 05/29/2007

• Consumer Confidence Rebounds - Yields Up
Analysts said that job market optimism drove most of the increase. Consumer spending is said to drive the vast majority of the economy, so improvement like was seen on Tuesday usually will have some impact on markets. In fact, MBS and Treasury yields did increase on the day. The 10-year Treasury yield was up to 4.88% by the end of the day. -- MortgageMediaMag.com,, 05/29/2007

• Jobless Claims Improve Again - Yields Up
MBS and Treasury prices both traded with higher yields on Thursday than they did on Wednesday. Just after 12:00 Eastern on Thursday, the 10-year Treasury yield was floating around 4.74%, moving up to 4.76% by closing. -- MortgageMediaMag.com,Rob Hain,San Antonio Texas 05/17/2007