Prof Annoucements October 31, 2008
→ BANKS AND MORTGAGE BANKERS.
-- ,John Arzu,LOS ANGELES CA. 10/27/2008
→ Coreland Companies Negotiates Two Leases in Orange County Valued at $3.1 Million
Coreland Companies` leasing / sales division negotiated two leases in Orange County, CA: a 5-year $2 million lease with Orbital Sciences Corporation to occupy a 12,430-square-foot majority portion of the top floor of the six-story building at 7711 Center Avenue, The Towers at Bella Terra (formerly known as One Pacific Plaza) in Huntington Beach; and a 7.5-year $1.1 million lease with The Glidden Company, dba ICI Paints, to occupy a 4,250-square-foot freestanding building at 3010 Bristol Avenue in Costa Mesa. -- Monaghan Communications,Anne Monaghan,newport beach California 10/24/2008
→ New Book is First Modern History of the Mutual Fund Industry
Matthew P. Fink, Former President of the ICI, Offers Firsthand Narrative and Analysis of Key Developments That Contributed to Industry Success -- Oxford University Press, ,,New York Ny 10/24/2008
→ First Group of Savers that Qualified for Mortgages with Savings Subsidy are Ready: Urbi
-- Urbi continues to strengthen its product mix by consolidating its participation in economic housing. -- Urbi Desarrollos Urbanos S.A.B. de C.V. ,Antonio Jorge,Mexicali Mexico 10/24/2008
→ First Group of Savers that Qualified for Mortgages with Savings Subsidy are Ready: Urbi
-- Urbi continues to strengthen its product mix by consolidating its participation in economic housing. -- Urbi Desarrollos Urbanos S.A.B. de C.V. ,Antonio Jorge,Mexicali Mexico 10/24/2008
→ Silverboat.com Introduces Socially Responsible Lending for Seniors at Risk in Today's Financially Turbulent Times
Reverse mortgage loans have increased ten-fold since the year 2000 as seniors experience double-digit losses in their retirement accounts, declines in home value, and increased food, health and energy costs. "Potentially troubling," concedes Peter Bell, President of the National Reverse Mortgage Lenders Association (NRMLA), is the wave of unscrupulous players from the largely dismantled subprime industry entering into the reverse mortgage field. -- Silverboat.com ,George Baker,Rockville Md 10/24/2008
→ Enhanced VA Mortgage Options Now Available for Veterans
Of Potential Benefit to Those in Financial Distress -- U.S. Department of Veterans Affairs ,Karen Fedele,Washington Dc 10/24/2008
→ Cogent Road Launches Recovery Strategy - Enables Loan Officers To Retain And Close More Applicants -
Cogent Road, a provider of Internet-based applications for the mortgage industry, announced the launch of Recovery Strategy, a system enabling loan officers to recover and qualify initially declined applicants to help maximize their borrowing power. -- Cogent Road, Inc.,Information,SAN DIEGO ca 10/24/2008
→ MBA Hires Catherine Cruz Wojtasik As Associate Vice President Of Legislative Affairs . John A. Courson, Chief Operating Officer Of The Mortgage Bankers Association (mba), Today Announced The Appointment Of Catherine Cruz Wojtasik As Associate Vice Pr
"MBA is excited to add Catherine's energy and expertise in lobbying for the issues most critical to our members," said Courson. "We are looking forward to working with the new administration on mortgage finance related issues with a full and experienced lobbying team." -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 10/24/2008
→ KKE Architects Completes Three Shopping Centers for Hopkins Real Estate Group in Southern California
KKE Architects has completed three shopping centers located in southern California on behalf of Hopkins Real Estate Group (HREG) in Irvine. The retail centers are: Imperial Promenade in La Habra; 47th Street Pavilion in Palmdale; and Talega Village Center in San Clemente. For all three projects, KKE provided the conceptual and schematic designs, design development, city entitlements, construction drawings and construction administration. -- Monaghan Communications,Anne Monaghan,newport beach California 10/23/2008
→ MBA Announces Leadership And Membership Of Bodtech Committee
The Mortgage Bankers Association (MBA) today announced the leadership and membership for its Board of Directors Technology Steering Committee (BODTECH). Michael Berman, CMB, MBA's Vice Chairman and President of CW Capital, was named Chairman of BODTECH while Michael Levine, Senior Vice President of Business Architecture and Integration for Wells Fargo Home Mortgage Servicing, was named Vice Chair. -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia 10/23/2008
→ Newoak Capital Appoints Vincent J. Truglia, Managing Director Of Global Economic Research And Sovereign Risk
Managing Assets in Turbulent Global Financial Markets Demands Full Understanding of Potential Government Responses -- ,Robin Cook,New York Ny 10/23/2008
→ MBA's Future Leaders Program Recognizes 16 Real Estate Finance Professionals At MBA Annual Convention
The Mortgage Bankers Association (MBA) today recognized 16 mortgage professionals in a graduation ceremony held at MBA's 95th Annual Convention & Expo in San Francisco. -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia 10/23/2008
→ Ohfa Awards Additional $2.3 Million In Housing Tax Credits
The Ohio Housing Finance Agency (OHFA) Board today announced the recipients of approximately $2.3 million in housing tax credits through an amendment to the 2008 Qualified Allocation Plan (QAP). These tax credits are awarded to 37 of the developments that received credits in July, as well as two new developments that propose to build single-family lease purchase homes on vacant properties. OHFA was allocated the additional housing tax credits as part of the Housing and Economic Recovery Act (H.R. 3221) passed in late July. -- Ohio Housing Finance Agency,Erin Biehl,Columbus Ohio 10/23/2008
→ a la mode's Mercury Network - the Most Robust Collateral Valuation Platform - Makes Lenders HVCC Compliant at No Charge
Mercury Network, the system that powers the web based appraisal ordering features for over 30,000 appraisers will soon release version 3.0 of its high volume, lender facing, wholesale ordering interface in response to both the new requirements of HVCC and voluntary policy changes by institutions looking to ensure the integrity of their collateral valuation processes and shield themselves from associated liabilities. -- a la mode, inc,,San Francisco Ca 10/23/2008
→ Hunton & Williams LLP Forms Multidisciplinary Group to Guide Clients Through Global Financial Crisis
Resource Center created to provide tools for clients managing changes in global markets -- Hunton & Williams LLP ,Eleanor Kerlow, 10/23/2008
→ Whittlesey Doyle Reps Three Buyers & Sellers in Large Single-Family Residential Land Deals in So. CA
Whittlesey Doyle represented the buyers and sellers in the sale of three separate large single-family residential land transactions. Highpointe Communities purchased 212 finished lots at Spanish Walk in Palm Desert. Capistrano Homes/Capistrano Lots purchased 115 finished lots, seven standing inventory homes, and two models at Capistrano At La Quinta. Undisclosed private investor purchased 40 finished lots at Meadowbrook in Victorville. -- Monaghan Communications,Anne Monaghan,newport beach California 10/23/2008
→ FNC(R) to Help BancorpSouth with Mortgage Appraisal Processes
BancorpSouth will use FNC's real estate collateral management product for regulatory compliance, streamlined appraisal processes -- FNC, Inc,Bill Dabney,Oxford Ms 10/22/2008
→ First American CoreLogic Releases August 2008 LoanPerformance House Price Index
- Price Decline Remains Flat at 11 Percent Nationally Versus One Year Ago - -- The First American Corporation ,,Santa Ana Ca 10/22/2008
→ Basepoint Introduces Sophisticated Fraud Detection Solution For Uk Mortgage Lenders
FraudMark® identifies up to 70% of fraudulent loan value by reviewing only 10% of incoming loan applications -- BasePoint Analytics,Info,CARLSBAD ca 10/22/2008
→ Fnc(r) To Help Bancorpsouth With Mortgage Appraisal Processes
BancorpSouth will use FNC's real estate collateral management product for regulatory compliance, streamlined appraisal processes -- FNC INC.,Charles Hurst,Oxford Mississippi 10/22/2008
→ MBA Announces New Members And Leadership Of Residential Board Of Governors (resbog) And Residential Committee Chairs
The Mortgage Bankers Association (MBA) today announced Timothy C. Dale, CMB, Executive Vice President at BB&T, Wilson, North Carolina, as Chairman of its Residential Board of Governors (RESBOG) and Debra W. Still, CMB, President and Chief Executive Officer of Pulte Mortgage, LLC, Englewood, Colorado, as Vice Chair of RESBOG at the association's 95th Annual Convention & Expo held in San Francisco. MBA also named the newly elected members of RESBOG. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 10/22/2008
→ National Quick Sale Offers New Website To Automate Short Sales, Prevent Foreclosures
Technology enables lenders, buyers and agents to complete short sales successfully in days instead of months, saving more borrowers from foreclosure -- ,Marketing Department,Jacksonville Florida 10/21/2008
→ Simplifile Expands Erecording In The Twin Cities
Sherburne County and Wright County, Minnesota Begin eRecording With Simplifile -- Simplifile, LC,Rob Moore,PROVO ut 10/20/2008
→ Streetlinks National Appraisal 'valuevault' Open For Deposit
StreetLinks National Appraisal Services introduces "ValueVault(TM)" -- a secure on-line repository for permanent storage of original and authentic appraisal reports and the accompanying StreetLinks Non-Influence Certificate. ValueVault(TM) eliminates the risk of altered appraisals by making the original document accessible to all parties in the lending transaction. -- ,Brad Summers,Indianapolis In 10/20/2008
→ Loyaltyexpress(r) Launches Loyaltyprint(tm)
Online store provides loan officers with instant access to the most effective, customizable marketing materials for customers, partners, and prospects -- LoyaltyExpress,Lisa Felber,WOBURN MA 10/20/2008
→ Lend America Launches Specialized H4h Outreach Program For Institutional Investors To Maximize Principal Recapture And Help Homeowners Avoid Foreclosure
First lien holders can quickly increase cash flow from mortgage investments in challenging environment -- LendAmerica,Mary McPhall,Melville NY 10/20/2008
→ Nrmla Press Release: Reverse Mortgages Show Growth In 2008
Reverse mortgages continue to be one of the few growth areas in the mortgage industry. The National Reverse Mortgage Lenders Association announced today that the industry closed 112,154 Home Equity Conversion Mortgages, or HECMs, in Fiscal Year (FY) 2008, which ended September 30, surpassing the record loan volume for FY 2007, according to data provided by the Department of Housing and Urban Development (HUD). -- Reverse Mortgage,Peter Bell,Washington District of Columbia 10/20/2008
→ Mary Schuster Joins Ramquest Software As Director Of Operations
RamQuest Software, Inc. announced today that Mary Schuster has joined the company in the role of Director of Operations. Schuster brings to this role over 15 years of experience in the real estate and title industries, blending strengths from her background in production, operations and management. As Director of Operations, Schuster will direct and lead the efforts of the RamQuest Customer Support, Implementation and Training teams as the Company continues to drive forward in the market, forming partnerships with customers and working to help them do business more effectively and efficiently. -- RamQuest Software, Inc.,Erin McAnally,Plano tx 10/20/2008
→ Aba Antitrust Forum To Examine Bush Legacy And Transition To New Administration
Enforcement officials to discuss priorities in a global economy, trends and challenges facing the antitrust community -- American Bar Association,Suzanne Cibotti,Chicago il 10/20/2008
→ Ramquest Introduces New Program Designed To Offer Highly-customized Customer Support
RamQuest Software, Inc. announced today the introduction of a highly specialized team designated for advanced problem resolution. This team, RamQuest/Rx, was developed in response to demonstrated need by the RamQuest user community and offers RamQuest customers a team of dedicated, high-level specialists. This team has been put in place to ensure that title companies using the RamQuest software suite to its fullest capability and pushing business boundaries with the power inherent in the RamQuest solution are getting the precise assistance they need, when they need it. -- RamQuest Software, Inc.,Erin McAnally,Plano tx 10/20/2008
→ Elynx And Stewart Partner To Deliver Electronic Closing Options For Lenders
Integration Brings Industry eMortgage Closer to Critical Mass -- ,Casey Foreman,CINCINNATI oh 10/20/2008
→ American Association Of Residential Mortgage Regulators Joins Growing Community Of Regulators Improving Consumer Protection By Automating Mortgage Examinations
- ComplianceEase to Apply Extensive Compliance Audit Integration Experience and Standardized Loan-Level Compliance Reviews to Help Modernize State Examination Process - -- Complianceease,John Vong,Burlingame California 10/20/2008
→ Elynx Enhances Closing Services With Landamerica
Collaboration Provides Lenders an Entry Point to the Industry eMortgage -- ,Casey Foreman,CINCINNATI oh 10/20/2008
→ Powerseller® 5.8 Enhanced Reporting And Communications Strengthen Secondary Market Management For Small And Mid-tier Lenders
-Associated Software Consultants Improves Tool for Community Banks, Credit Unions and Emerging Lenders - -- ,Jennifer Bensi, 10/20/2008
→ Mortgage Builder Wins Prestigious `help Desk Award` For 2008
Loan origination software leader recognized for excellence in customer service, response and technology -- Mortgage Builder Software Inc,Keven Smith,Southfield Michigan 10/20/2008
→ David G. Kittle, CMB, Sworn In As MBA Chairman
David G. Kittle, CMB, Executive Vice President of Vision Mortgage Capital, today was sworn in as the 2009 Chairman of the Mortgage Bankers Association (MBA) at the association's 95th Annual Convention & Expo in San Francisco. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 10/20/2008
→ Robert E. Story, Jr., CMB, Sworn In As MBA Chairman-elect
Robert E. Story, Jr., CMB, President and Chief Executive Officer of Seattle Financial Group, today was named the new Chairman-Elect of the Mortgage Bankers Association (MBA) at MBA's 95th Annual Convention & Expo in San Francisco. As part of MBA's governance structure, Story is in line to be the MBA Chairman beginning October 2009. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 10/20/2008
→ Michael D. Berman, CMB Elected As MBA Vice Chairman
Michael D. Berman, CMB, President of CWCapital of Needham, MA, was elected today as the Vice Chairman of the Mortgage Bankers Association (MBA) during the association`s 95th Annual Convention & Expo in San Francisco. -- Mortgage Bankers Association of America,Jason Vasquez,Washington District of Columbia 10/20/2008
→ MBA Elects 2009 Board Of Directors
The Mortgage Bankers Association (MBA) today elected its Board of Directors for the 2008-2009 membership year at MBA`s 95th Annual Convention & Expo in San Francisco. The Board of Directors will be chaired by MBA Chairman David G. Kittle, CMB, Executive Vice President of Vision Mortgage Capital. -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia 10/20/2008
→ Homeowner Advocate Demands Justice For America's Consumer
Ted Krager Blows the Whistle on the Mortgage Industry and Exposes Money-Saving Tactics! -- Ted Krager,Jeannie McLaughlin,Dallas Tx 10/15/2008