Prof Annoucements Edition June 30, 2009

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Saturday May 25, 2013
• MBA`s National Technology in Mortgage Banking Conference & Expo
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• S&P Decries CUNA Mutual `Fishing Expedition` in $72 Million MBS Suit
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Friday May 24, 2013
• Radian and Optimal Blue Partner on MI Rates
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• NYS Gov. Cuomo Reaches Forced-Placed Insurance Settlement With Assurant
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• MBA`s National Fraud Issues Conference 2013
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• New Vista Asset Management Announces Leadership Change
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Thursday May 23, 2013
National Government Agency offering 2nd
National Government Agency offering 2nd mortgages for down payments on FHA loans.
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Wednesday May 22, 2013
Ross Stores, Inc. (Ross Dress for Less)
Ross Stores, Inc. (Ross Dress for Less) is looking for PT retail associates. Apply online at www.rossstores.com
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Monday May 20, 2013
• One Simple Way to Add the Beauty of Wood Trim to Your Home - 10% Off Stoney Ridge Cedar Covers This May!
DAYTON, OH, May 08, 2013 /24-7PressRelease/ -- Do you just love the warm feeling you get with wood trim accents? Now there is a qu
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• International Property Management Standards Coalition Lands Appraisal Institute
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• Freddie Reports Sixth Consecutive Profitable Quarter
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• New Posting
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• MORTGAGE CREDIT NEWS BY LOUIS S. BARNES - May 17, 2013
Interest rates on long-term bonds and mortgages have stopped their May rise, a little above the halfway mark of the low and high f
5-20   Lou Email Reply
• Gary Taffet Reveals Life Insurance Shopping Secrets
PHILADELPHIA, PA, May 08, 2013 /24-7PressRelease/ -- Nobody necessarily enjoys putting the time into shopping for a life insurance
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• Oregon foreclosure filings up; Chapter 13 can help struggling homeowners
May 08, 2013 /24-7PressRelease/ -- According to a new report, court-supervised foreclosures have increased in Oregon in each of th
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Prof Annoucements June 30, 2009

Daily Events Editions
Market News Annoucements
Sources Archives

Unlikely New Coalition Shines Spotlight on National Goal of Dramatically Upping Energy Efficiency of All New U.S. Homes,

Utility CEO, State Energy & Industry Assn Heads, Homebuilder, Efficiency Advocates Join in Urgent Call for Strong Building Energy Codes in All States -- Alliance to Save Energy,Ronnie J Kweller,Washington Dc  06/30/2009

Top Tampa Bay-Area Law Firm and Major Real Estate Group Form Partnership to Help Clients with Mortgage Difficulties

Yesner & Boss, one of Central Florida`s top real estate law firms, has signed an agreement to represent clients of 15 area offices of Prudential Tropical Realty in a wide range of financial problems a -- Yesner & Boss, P.L.,Christopher Boss,Tampa Bay Fl  06/30/2009

The Case for AMCs - A Valuation Company`s Perspective

Much has been written regarding the role of AMCs in the wake of HVCC, and their effect on the mortgage industry. As a valuation company with over 30 years experience in appraisal management, Pro-Teck -- Pro-Teck Services,Domenica Puleo,Waltham Ma  06/30/2009

Shore Mortgage to Hire 100 More Employees

Michigan-Based, Shore Mortgage, one of the country's Leading FHA and conventional home lenders, is seeking to grow company's team and to highlight employee benefits -- Shore Mortgage,Angie Bournias,Birmingham Mi  06/30/2009

The Bank of New York Mellon Selected by Freddie Mac as Designated Custodian

Agreement Encompasses Custody and Certification Services for Single-Family Mortgages -- The Bank of New York Mellon Corporation,Kevin Heine,New York Ny  06/30/2009

Mason-McDuffie CEO Named

Marilyn J. Richardson of Danville has been promoted to president and chief executive officer of Mason-McDuffie Mortgage Corp. effective June 22. -- Mason-McDuffie Mortgage Corp.,Tim Hunt,San Ramon Ca  06/30/2009

Mortgagebattlecall.com Launches To Help Struggling Loan Officers Survive The Economic Meltdown And Win The Mortgage War

Rob Lawrence, national mortgage sales trainer, today announced the creation of MortgageBattlecall.com, an online training, marketing and private membership site for struggling loan officers and mortga -- Mortgagebattlecall.com,Rob Lawrence,Pawtucket Ri  06/30/2009

Mid-America Apartment Communities Establishes $250 MM Acquisition Fund

Miid-America Apartment Communities, Inc. (NYSE:MAA) reported today that it has established Mid-America Multifamily Fund II, LLC (`Fund II`). The fund will be a joint venture between Mid-America and in -- Mid-America Apartment Communities, Inc.,Investor Relations,Memphis Tn  06/30/2009

First Advantage Corporation Announces Receipt of Proposal From The First American Corporation

First Advantage Corporation (NASDAQ:FADV) (the `Company`), a global risk mitigation and business solutions provider, today confirmed that it has received an unsolicited proposal from The First America -- First Advantage Corporation,Henri Van Parys,Poway Ca  06/30/2009

Home Sales Advantage: Fiber-Based Broadband

National Study Shows High-Speed Internet Service Carried on Fiber All the Way to the Home Is a Key Amenity for Home Buyers -- Verizon,Jim Smith,New York Ny  06/29/2009

Frank N. Darras: CUNA Mutual Group Slapped With $6 Million Punishment Verdict for Bad Faith Disability Claim Handling

Disability Insurance - What You Need To Know -- Frank N. Darras,Robin Nolan,Ontario Ca  06/29/2009

Bridge Street Development Corporation Launches a Free Foreclosure Webinar Series Tuesday, June 30, 2009 - 6:30pm - 8:00

Bridge Street Development Corporation (BSDC) cordially invites those who are interested in learning about `What to Expect When Facing Foreclosure` to participate in the launch of a FREE educational We -- Bridge Street Development Corporation,Pauline Barfield,Brooklyn Ny  06/29/2009

The First American Corporation Announces Offer to Acquire First Advantage Corporation

--Transaction to Enhance Financial Flexibility and Operational Efficiency-- -- The First American Corporation,Carrie Gaska,Santa Ana Ca  06/29/2009

RentalForeclosure.com, Along With Sponsor Cherry Creek Mortgage, Provides Assistance to Alameda and Contra Costa County

Renters can now check online to see if their landlord is facing foreclosure. -- RentalForeclosure.com,Dave Madam,Alameda Ca  06/29/2009

Governor Rendell Signs Bills to Protect Homeowners From Mortgage Fraud

Governor Edward G. Rendell today signed a pair of bills to combat mortgage fraud by strengthening communication between homeowners and their lenders and encouraging employees at mortgage companies to -- Pennsylvania Office of the Governor,Mia DeVane,Harrisburg Pa  06/29/2009

Video Feed: Governor Rendell Signs Bills to Curb Mortgage Fraud; Comments on Budget

The Pennsylvania Satellite News Service will provide a digital satellite video feed between 3:30 p.m. and 3:45 p.m. (15:30 - 15:45 Eastern) today, Monday, June 29, of Governor Edward G. Rendell signin -- Pennsylvania Office of the Governor,Information 18727,Harrisburg Pa  06/29/2009

Solid Index Findings: Finances Have Kept 40 Percent of Americans From Achieving the Things They Want in Life

Lack of Financial Education and Budgeting Can Have Implications on Lifestyle and Summer Vacations -- SunTrust Banks, Inc.,Hugh Suhr,Atlanta Ga  06/26/2009

National Home Loan Advocates is Helping Consumers Get Their Best Mortgage Terms

National Home Loan Advocates announces new services to help consumers avoid mortgages that have inflated fees, interest rates that are too high, and home loans that contain predatory terms. -- National Home Loan Advocates,Serena Presley,Dallas Tx  06/26/2009

First American Spatial Solutions Unveils First-Ever Comprehensive National Cadastre

- Nation`s Largest Parcel Database Includes More Than 120 Million Parcels - -- The First American Corporation,Carrie Gaska,Austin Texas  06/26/2009

Mortgage Applications Increase in Latest MBA Weekly Survey

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending June 19, 2009. The Market Composite Index, a measure of mortgage loan application vol -- Mortgage Bankers Association,John Ferber, Commercial,Washington Dc   06/24/2009

Forty-One Defendants Charged In Five New Area Mortgage Fraud Cases; Two Schemes Involve Expensive Condos and Suburban Ho

Forty-one defendants are facing federal charges relating to various mortgage fraud schemes in five separate cases made public today by federal law enforcement officials. In some of the schemes, the de -- U.S. Department of Justice,Randall Samborn,Chicago Il  06/24/2009

Pricing Partners extends significantly its inflation module with the market standard `BBK` model

Paris-London: Pricing Partners www.pricingpartners.com, the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced toda -- Pricing Partners,Eric Benhamou, Pricing Partner,Paris   06/24/2009

Tracking Success - The Co-operative Bank 3 Year Tracker Leads to 75% Uplift in Mortgage Sales

Following the recent launch of a new market leading 3 year tracker mortgage, (2.39%* 27.05.09) The Co-operative Bank is reminding customers looking to make the most of low interest rates, to act now i -- The Co-operative Bank,Alejandra Solis,Manchester England  06/22/2009

Verizon Business Technology Helps Fannie Mae Expand Call Center in Support of Foreclosure Prevention

Advanced Contact Center Helps Fannie Mae Implement `Making Home Affordable` Program -- Verizon Business,Lisa Fels,Basking Ridge Nj  06/22/2009

Conseco Risk-Based Capital Ratio Benefits Under NAIC Action

Conseco, Inc. (NYSE:CNO) today announced that a recent National Association of Insurance Commissioners (NAIC) action to modify the mortgage experience adjustment factor for 2009 will benefit its risk- -- Conseco, Inc.,Tony Zehnder,Carmel In  06/22/2009

Insurers Join Other Businesses In New Coalition To Develop New Global Accounting Standards To Address Financial Crisis

The Group of North American Insurance Enterprises (GNAIE) has joined a new coalition of trade associations, representing all sectors of the economy and areas of the financial services arena, that will -- GNAIE,Doug Barnert Executive Director of ,New York Ny  06/22/2009

GMAC Commercial Finance Provides Pounds Sterling 5 Million in the Management Buyout of the European Network Group

GMAC Commercial Finance (GMAC CF) has backed the management buyout of European Recruitment Network Group (ERN) by Redwood Group Ltd. ERN is a pounds Sterling 50 million recruitment group specialising -- GMAC Commercial Finance,Kelly Rionda,London Uk  06/22/2009

Grassley Fundraiser Hosted by Mortgage, Insurance Lobbyists and PAC

Special interest fundraiser comes after Grassley voted against bill opposed by hosts to allow bankruptcy judges to renegotiate mortgages -- Public Campaign Action Fund,David Donnelly,Washington Dc  06/22/2009

Credstar Announces Upgraded Web Site For Expanding Markets

—CredStar.com Customized for Multiple Markets— -- First American Credco,David Woodruff, Senior Marketi,Poway California  06/22/2009

MBA Lowers 2009 Originations Forecast To $2.03 Trillion

The Mortgage Bankers Association today lowered its forecast of mortgage originations in 2009 to $2.03 trillion, a drop of over $700 billion from its March forecast. $84 billion of the drop is due to -- Mortgage Bankers Association,Carolyn Kemp,Washington Dc   06/22/2009

Capitol Acquisition Corp. and Two Harbors Investment Corp. to Merge, Form New Residential Mortgage REIT Managed by an Af

Veteran Pine River Investment Team with Proven Track Record Well Positioned to Capitalize on Unprecedented Dislocation in RMBS Market -- Capitol Acquisition Corp.,Chuck Dohrenwend,New York Ny  06/19/2009

Credit Rewind Announces New Free Online Results Tracking for Credit Repair Clients

With the credit noose continuing to tighten across the country, it is imperative that people keep their credit reports as clean as possible. Lenders are no longer forgiving when it comes to borrowers -- Credit Rewind,David George,Houston Tx  06/19/2009

Equity Based Services, Inc. Proves Leveraged Real Estate Acquisitions are Alive and Well

EBS announces the acquisition of 2 Self Storage properties in Arlington, TX leveraged with a 5 year loan with Interest-Only payments for the first year. -- Equity Based Services, Inc.,Kurt Ambrosius,Arlington Tx  06/19/2009

First American CoreLogic Announces Purchase of BasePoint Analytics

Acquisition to Accelerate Creation of Industry Standard Predictive Analytics for Fraud Detection -- The First American Corporation,Carrie Gaska,Santa Ana Ca  06/19/2009

Todd Duncan Joins Prospect Mortgage as Chief Performance Officer

Prospect Mortgage has announced that Todd Duncan, a renowned motivational speaker, sales trainer and best-selling author, has joined the company to lead a comprehensive sales, leadership and time mana -- Prospect Mortgage,Matthew Tully,Sherman Oaks Ca  06/19/2009

California Short Sale Company Reaches Out to all Homeowners Including Celebrities in Need of Help With a Short Sale

Experienced agents to negotiate short sale quickly and precisely, Housing Assist keeps providing what many troubled homeowners aren`t getting: SATISFACTION! -- Housing Assist,Housing Assist,Los Angeles Ca  06/19/2009

NAEBA Calls on Congress to Establish a Federal Mandate for Real Estate Agency Disclosure

The National Association of Exclusive Buyers Agents (NAEBA) released a letter to Congress on Wednesday urging members to include real estate agency disclosure language in legislation relating to mortg -- National Association of Exclusive Buyer Agents,John Sullivan,Avondale Az  06/19/2009

Impac Mortgage Holdings, Inc. Announces Postponement of Special Meeting of Common Stockholders and Extension of the Expi

Impac Mortgage Holdings, Inc. (Pink Sheets: IMPM), a Maryland corporation, or the `Company,` today announced that it is extending the expiration date of its Offer to Purchase and Consent Solicitation -- Impac Mortgage Holdings, Inc.,Justin Moisio,Irvine Ca  06/19/2009

MBA Supports Proposal For $15,000 Tax Credit For All Homebuyers

David G. Kittle, CMB, Chairman of the Mortgage Bankers Association issued the following statement today in support of S. 1230, The Homebuyer Tax Credit Act of 2009. -- Mortgage Bankers Association,John Mechem,Washington Dc   06/18/2009

Mortgage Builder Goes Live With Fha Connection Interface Mortgage Builder Is One Of The First Loan Origination Systems

Mortgage Builder, a leading loan origination software (LOS) provider, announces it has gone live with its interface to FHA Connection, the Department of Housing and Urban Development’s web-based direc -- Mortgage Builder Software Inc,Keven Smith, President,Southfield Michigan  06/18/2009

Mortgage Applications Decrease In Latest MBA Weekly Survey The Mortgage Bankers Association (mba) Today Released Its

The Refinance Index decreased 23.3 percent to 1998.1 from 2605.7 the previous week and the seasonally adjusted Purchase Index decreased 3.5 percent to 261.2 from 270.7 one week earlier. -- Mortgage Bankers Association,John Mechem,Washington Dc   06/18/2009

Obama 'more Of The Same' Overregulation Plan Won't Fix Financial Crisis President Should Lessen Burdensome,

President Obama is scheduled today to unveil a financial regulation plan that would impose new restrictions and government controls on the nation's banking system. Competitive Enterprise Institut -- Competitive Enterprise Institute,Richard Morrison,Washington Dc  06/18/2009

How to Choose an Accounting Firm (or Bodyguard) for Your Company`s Needs

Elvis Presley was once said “I have no use for bodyguards, but I have very specific use for two highly trained certified public accountants.” Now it probably can be safely said that not everyone had -- Weaver and Tidwell, LLP,Edward M. Polansky,San Antonio Tx  06/18/2009

MBA Reacts To Obama Administration's Regulatory Reform Proposal

The Mortgage Bankers Association issued the following reaction to the regulatory reform proposal unveiled today by President Obama and his economic team. -- Mortgage Bankers Association,John Mechem,Washington Dc   06/18/2009

Commercial/multifamily Mortgage Debt Outstanding Remains Unchanged During First Quarter 2009

The level of commercial/multifamily mortgage debt outstanding remained relatively unchanged in the first quarter, at $3.48 trillion, according to the Mortgage Bankers Association (MBA) analysis of the -- Mortgage Bankers Association,John Mechem,Washington Dc   06/18/2009

MBA Chairman David G. Kittle, CMB Testifies On Fha

David G. Kittle, CMB, Chairman of the Mortgage Bankers Association, testified today before the House Financial Services Subcommittee on Oversight and Investigations at a hearing titled, "Strengthe -- Mortgage Bankers Association,John Mechem,Washington Dc   06/18/2009

Jun 17, 2009 15:46 ET

Arvest Reaches $1 Billion in Mortgages in June 2009 -- Arvest Bank,Wendi Phillips,Lowell Ar  06/18/2009

Bankrate: Mortgage Rates Reverse Course

- Mortgage rates pulled back sharply this week, with the average 30-year fixed mortgage rate falling to 5.76 percent. According to Bankrate.com`s weekly national survey, the average 30-year fixed mort -- Bankrate, Inc.,Kayleen Keneally,New York Ny  06/18/2009

DS News` Distressed Asset Roundtable and Exchange Brings Mortgage Default Servicing to Investors

Last month, DS News, the only news source dedicated entirely to the residential mortgage default servicing industry, hosted the first-ever Distressed Asset Roundtable and Exchange (DARE) in New York. -- DS News,Carrie Bay,New York Ny  06/18/2009

Over 100 Foreclosed Homes Auctioned in Cities Throughout North and South Carolina

Hudson & Marshall Will Auction the Homes June 23rd-28th -- Hudson & Marshall of Texas Inc.,Crystal Wright,Charlotte Nc  06/18/2009

KELLY MEDIA GROUP OFFERS 30 PERCENT OFF FOR LIVE TRANSFER LEADS

JUNE 17TH, 2009 --- For a Limited Time, Kelly Media Group is offering Live Transfer Leads at 30% off. KMG is one of the only lead generation company that has the ability to provide a platform of mark -- Kmg Mortgage Marketing & Lead Generation,Borris,Los Angeles California  06/18/2009

Freddie Mac Settles Guaranteed Structured Pass-Through K Certificates

Successful Offering Brings Needed Liquidity to Multifamily Investment Market -- Freddie Mac,Michael Cosgrove,Mclean Va  06/18/2009

Pricing Partners gives muscle to its commodity module

Paris-London: Pricing Partners www.pricingpartners.com, the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced toda -- Pricing Partners,Eric Benhamou, Pricing Partner,Paris   06/18/2009

First Reliance Bank Launches a Community Outreach Banking Program

As South Carolina's most customer-friendly bank, First Reliance Bank (OTC:FSRL) (BULLETIN BOARD: FSRL) is pleased to announce it has created an outreach program, Check 'N Save, especially for -- First Reliance Bank,First Reliance Bank Launches a Comm,Florence Sc  06/16/2009

Amalgamated Bank Launches New Line of Affordable Home Financing Options

Provides Mortgages for First-time Buyers, Multi-Family Dwellings and All Residential Properties -- Amalgamated Bank,Keith Pilkington,New York Ny  06/16/2009

Newly Proposed Government Loan Program to Bring Relief to All Homeowners

4/40 for Freedom loan would jumpstart economy by reducing interest rate to 4 percent -- 4/40 for Freedom,Megan Rose,Phoenix Az  06/16/2009

LendingTree Launches New Customer Retention Product to Help Lenders Keep Current Borrowers Within Loan Portfolios

New Product Enables Lenders to Capture, Re-Direct and Retain Existing Customers Who are Actively Looking to Refinance Elsewhere -- LendingTree,Jon Langborgh,Charlotte Nc  06/16/2009

Purchase Applications Remain Steady, Refinance Applications Continue To Fall In Latest MBA Weekly Survey The Mortgag

The Refinance Index decreased 11.8 percent to 2605.7 from 2953.6 the previous week and the seasonally adjusted Purchase Index increased 1.1 percent to 270.7 from 267.7 one week earlier. -- Mortgage Bankers Association,Sarah Tinsley,Washington Dc   06/12/2009