Mortgage Lending November 30, 2008
→ National Association Of Black Mortgage Brokers Attribute Drop In October Home Sales To Lack Of Homeownership Programs
Call for Reinstatement of Seller-Funded Downpayment Assistance -- ,Brian Morris, 11/28/2008
→ Interview Regarding Trashouts ~ Associated Press ~ New York, Jessica Pasko
-- ,All Reo,Major Metropolitan Areas Nationwide 11/27/2008
→ MBA Study Shows Government-insured Share Of Mortgage Applications Continues To Increase
The government-insured share of mortgage applications continues to grow relative to conventional mortgage applications, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. Of all mortgage applications taken during the month of October 2008, 32.9 percent were for government-insured loans (consisting mainly of FHA loans) compared to 10.3 percent in October 2007. -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 11/27/2008
→ MBA's Courson Issues Statement On Obama Economic Team
John A. Courson, Chief Operating Officer of the Mortgage Bankers Association (MBA) today issued the following statement following President-elect Obama's announcement of his economic team. -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia 11/27/2008
→ HFF Secures $10 Million Financing For Foxborough, Massachusetts Multifamily Community
The Boston office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured $10 million in financing for Chestnut Green Apartments, a 55-unit multifamily community in Foxborough, Massachusetts. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Boston Ma 11/27/2008
→ HFF Secures Refinancing For Marietta, Georgia Flex/office Parks
The Atlanta and Houston offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they secured refinancing for American Business Center and WhiteWater Business Park, office/flex parks totaling 619,628 square feet in Marietta, Georgia. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Atlanta Ga 11/27/2008
→ Ohfa`s Ohio Heroes Program Gives 1,000 Homebuyers Something To Be Thankful For This Year
Many Ohioans have more to be thankful for this year with the help of the Ohio Heroes program from the Ohio Housing Finance Agency (OHFA). This week the Agency achieved a major milestone with the closing of the 1,000th mortgage loan from the program since it began March 3, 2008. -- Ohio Housing Finance Agency,Erin Biehl,Columbus Ohio 11/27/2008
→ Mortgage Applications Increase Slightly In Latest MBA Weekly Survey
-- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 11/27/2008
→ Credit News - November 26, 2008
Extra!! Big News, Greater Thanks Extra!! -- Boulder Mortgage Bank,Lou Barnes,Boulder Colorado 11/27/2008
→ Jeff Underwood Named REALTOR of the YEAR
-- ,Jeffrey Underwood,Columbia Maryland 11/24/2008
→ Affiliated Business Model Offers Information Real Estate Consumers Crave, Says RESPRO Panel
With many potential home buyers sitting on the sidelines as they try to make sense of today's real estate market, the integrated sales process offered by diversified companies using the Affiliated Business model helps keep buyers accurately informed and eases their uncertainty. -- Real Estate Services Provider Council,Sue Johnson,New Orleans La 11/24/2008
→ LoanSifter Interfaces with Zillow.com
-- LoanSifter (www.loansifter.com) today announces that it has integrated into Zillow Quote API, an automated programming interface on Zillow Mortgage Marketplace (www.zillow.com/mortgage), a free lead service that allows participating lenders to automate custom quotes to anonymous borrowers who submit loan requests. The interface offers a perfect complement to LoanSifter, a premier product and pricing solution that offers more than 100 wholesale and correspondent investors' fast and simple best-execution pricing, automatically priced fliers and marketing materials, 100% customizable and SRP pricing, automated consumer quoting for lead generation, custom e-mail pricing campaigns for borrowers and referral sources, and rate trigger alters to monitor pipeline in real time. -- LoanSifter,Pam Selker,Little Chute Wi 11/24/2008
→ Nonprofit Group Helping Prevent Foreclosures Accepting Final Applications in Akron Region
Final session on Monday November 24th -- American Homeowner Preservation Inc.,Rob Fredericks,Akron Oh 11/24/2008
→ Freddie Mac Suspends All Foreclosure Sales of Occupied Homes From Day Before Thanksgiving Until January 9, 2009
Freddie Mac (NYSE:FRE) today announced it has ordered its national network of mortgage servicers and foreclosure attorneys to suspend all foreclosure sales and evictions involving occupied single family and 2-4 unit properties with Freddie Mac-owned mortgages between November 26, 2008 and January 9, 2009. The suspension will help servicers implement the Streamlined Modification Program recently announced by Freddie Mac, Fannie Mae, the Federal Housing Finance Agency (FHFA), HOPE Now and 27 mortgage servicers. The temporary suspension is also expected to give servicers more time to help borrowers avoid foreclosure. -- Freddie Mac,Brad German,Mclean Va 11/24/2008
→ Fannie Mae to Suspend Foreclosures Until January 2009 While Streamlined Modification Program is Implemented
In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae (NYSE:FNM) today issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 until January 9, 2009. -- Fannie Mae,Brian Faith,Washington Dc 11/24/2008
→ Center for Responsible Lending and Industry Groups Urge HUD to Extend an Existing Option to Help Alleviate Current Crisis
-- CRL has signed a joint letter with the American Bankers Association and other industry trade associations asking the Department of Housing and Urban Development to continue the FHASecure program at least through the end of next year. Extending the program, which otherwise will sunset in December of this year, is one of several vital steps federal officials and lawmakers must take to keep millions of families in their homes, and, in the process, stem the wave of foreclosures that are at the root of the country's economic crisis. A full copy of the letter follows. -- Center for Responsible Lending,Kathleen Day,Washington Dc 11/24/2008
→ Introducing the First Nationwide Program to 'Green' Foreclosed Properties
Viridian Asset Management, LLC (http://www.viridianasset.com/) today announced the national launch of its groundbreaking BankonGreen(TM) program designed to bring "green," energy-efficient rehabilitation to properties owned by banks and financial institutions. -- Viridian Asset Management, LLC,c Shelton,Atlanta Ga 11/24/2008
→ Municipal Market Year in Review: The Days of Easy Money and Simple Approaches are Behind Us
This article was written by Jeffrey Small, a Managing Member of Capitol Public Finance Group, LLC., an independent public finance consulting firm located in Sacramento, California. -- Capitol Public Finance Group, LLC,Jeffrey Small,Sacramento Ca 11/24/2008
→ Columbia Bank is an Approved FHA Mortgage Lender
Columbia Bank today announced that it has begun accepting applications for Federal Housing Administration (FHA) Residential Mortgage Loans within New Jersey. -- Columbia Bank,Dot Woods,,Fair Lawn Nj 11/24/2008
→ Fidelity National Financial, Inc. Announces the Termination of Definitive Merger Agreement with LandAmerica Financial Group, Inc.
Fidelity National Financial, Inc. (NYSE:FNF) today announced the termination of its definitive merger agreement with LandAmerica Financial Group, Inc., pursuant to its contractual due diligence termination right. -- Fidelity National Financial, Inc.,el Kennedy Murphy,,Jacksonville Fl 11/24/2008
→ LandAmerica Moves Forward
Merger Agreement with Fidelity Terminated -- LandAmerica Financial Group, Inc.,Pamela Pastor,,Richmond Va 11/24/2008
→ FindLaw Helps Consumers Navigate the Financial Crisis: From Wall Street to Main Street
Leader in Free Legal Information Delivers Expert Analysis and Crucial Resources for Today's Credit Crunch -- FindLaw,Michelle Croteau,Eagan Mn 11/24/2008
→ Existing-Home Sales Soften on Economic Volatility
-- Existing-home sales declined on the heels of a strong gain in September as uncertainty and economic concerns increased in October, according to the National Association of Realtors(R). -- National Association of Realtors,Walter Molony,Washington Dc 11/24/2008
→ Facing global challenges: supporting people through difficult times
London, 24 November/GNN/ -- -- HM REVENUE AND CUSTOMS PRESS OFFICE,Press enquiries:,Uk 11/24/2008
→ HFF Arranges $2.5 Million Refinancing For Louisville, Kentucky Office Building
The Indianapolis office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged a $2.5 million refinancing for Hanover Place, a 35,424-square-foot office building in Louisville, Kentucky. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Indianapolis In 11/24/2008
→ Mismo®, Esra And Alta Release White Paper Confirming The Legality Of Enotes
MISMO, the not-for-profit data standards subsidiary of the Mortgage Bankers Association (MBA), today released a joint white paper along with the Electronic Signature and Records Association (ESRA) and the American Land Title Association (ALTA), entitled Case Closed: eNotes Are Legal -- An Analysis of eNote Enforceability Nationwide. The white paper addresses the legality of electronically-signed promissory notes, commonly referred to as eNotes, which are central to the eMortgage process. -- Mortgage Bankers Association of America,Jason Vasquez,Washington District of Columbia 11/24/2008
→ Ellie Mae/online Documents Make Strong Entry Into Servicing Market With Loan Modification Solution
Ellie Mae, a leading provider of loan processing software for mortgage brokers, bankers and other third party originators, and its newly acquired subsidiary Online Documents, a leading provider of flexible, compliant electronic mortgage documents and related services to the mortgage industry, are answering the industry’s need for efficient loan modification with a collaborative, end-to-end solution that enables lenders to create and update loan modification closing packages on a real-time basis, while also meeting investor requirements with flexibility, complete accuracy and secure online delivery. -- Ellie Mae Inc.,David Lewis,Pleasanton California 11/20/2008
→ MBA's Courson Welcomes Additional Flexibility On Fha's Hope For Homeowners Program
John A. Courson, Chief Operating Officer of the Mortgage Bankers Association (MBA), today issued this statement following the announcement by Secretary of Housing and Urban Development (HUD) Steve Preston of changes to the Hope for Homeowners program to expand eligibility and lower costs on borrowers and lenders who participate. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 11/20/2008
→ REALTORS(R) Help Buyers, Sellers, With Short Sales Solutions
When families lose their homes to foreclosure, communities, the housing market and the economy all suffer. Short sales are one way that some troubled homeowners can avoid foreclosure, and Realtors(R) at the Short Sales Solutions session today at the 2008 REALTORS(R) Conference & Expo gained valuable insights into how to facilitate these complex sales. -- National Association of Realtors,Stephanie Singer,Orlando Fl 11/20/2008
→ Realtors(R) Against Full Privatization of Fannie Mae and Freddie Mac
To insure that there is sufficient capital to support mortgage lending to qualified borrowers, the National Association of Realtors(R) has adopted principles that recommend continued government involvement in the secondary mortgage market. -- National Association of Realtors,Mary Trupo,Washington Dc 11/20/2008
→ Mortgage Rate Volatility Tapers Off: Rates Stay Relatively Stable During Latter Part of Last Week
Rates Hover Around 6 Percent, According to Zillow(R) Mortgage Rate Monitor -- Zillow.com,Katie Curnutte,Seattle Wa 11/20/2008
→ Outreach Housing LLC Cautions Homeowners Against Waiving Rights in Loan Modification Programs
As the Bush Administration unveils a potentially extensive new program to modify mortgages, one organization remains skeptical -- and urges distressed homeowners to proceed with caution. -- Outreach Housing LLC,Blair Wright,Fort Lauderdale Fl 11/20/2008
→ The Bank of New York Mellon Launches New Service for Credit Opportunity Funds
The Bank of New York Mellon, the global leader in asset management and securities servicing, has launched an enhanced credit fund service for alternative fund managers that combines loan administration, fund administration and investor services in one complete solution. -- Bank of New York Mellon Corporation,Kevin Heine,New York Ny 11/20/2008
→ Webster Suspends Home Foreclosures
Will Work to Structure New Affordable Payment Plans, Reach Out to At-Risk Customers -- Webster Financial Corporation,Ed Steadham,Waterbury Ct 11/20/2008
→ Comptroller Dugan Says CRA Not Responsible for Subprime Lending Abuses
Comptroller of the Currency John C. Dugan said he categorically disagrees with suggestions that the Community Reinvestment Act is partly responsible for the ongoing credit crisis. -- Office of the Comptroller of the Currency,Robert M. Garsson,Baltimore Md 11/20/2008
→ Tavant Technologies Teams With Fifth Third Bank to Deploy Tavant's Consumer Direct Lending Platform
Consumer Connect, a direct-to-consumer online lending website goes live -- Tavant Technologies,Vibhor Mishra,Santa Clara Ca 11/20/2008
→ GMAC Files Application With Federal Reserve to Become Bank Holding Company
Commences private exchange offers and cash tender offers for $38 billion of certain outstanding GMAC and ResCap debt securities to increase capital -- GMAC Financial Services,Toni Simonetti,,New York Ny 11/20/2008
→ ResCap Announces Support for Streamlined Mortgage Modification Plan
The following statement is issued by Residential Capital, LLC Chairman and Chief Executive Officer Thomas Marano in response to the Streamlined Mortgage Modification Plan announced on Nov. 11, 2008. -- Residential Capital, LLC,Jeannine Bruin,Fort Washington Pa 11/19/2008
→ Real Estate CEOs Foresee Dark Clouds on Economic Horizon
Paralyzed Credit Markets, Property Value Expected to Drop Further -- Real Estate Roundtable,Scott Sherwood,Washington Dc 11/19/2008
→ PMI Launches Online Mortgage Options Assessment Tool
Helps Homeowners Organize and Calculate Finances before Meeting Lenders -- PMI Mortgage Insurance Co,Tom Taggart,Walnut Creek Ca 11/19/2008
→ RICS Global RE Weekly: Hong Kong Residential and Commercial Property Hits Buffers
Unemployment data in Hong Kong are due for release on Tuesday 18th. The September number showed a small increase in the jobless rate to take it back up to 3.4%. To put this figure in some context, the recent high in unemployment in the country was 8.5% back in 2003 while the low for the cycle was 3.2%. -- RICS,Ms Kate Kwan, 11/19/2008
→ Homeownership Incentives Won't Stimulate Economy, But May Lay Seeds for Another Housing Crisis
Congress Should Focus on Restructuring Mortgages, Not on Housing Oversupply -- National Multi Housing Council,Michael Tucker,Washington Dc 11/19/2008
→ Faith Leaders from Across U.S. Come to D.C. to Pray in Front of Treasury Department for a Real Solution to Foreclosure Crisis
Will meet with Treasury, FDIC, Obama Team, Chairman Frank, Congressional Offices and Deliver Letter Signed by Hundreds of Clergy Nationwide -- PICO National Network,Margot Friedman,Washington Dc 11/19/2008
→ Money Mindsets Grow Up: SunTrust Reflects Consumer Sentiment With New Branding and Marketing Campaign
"Live Solid. Bank Solid." speaks to a new era of thrift, security and financial responsibility -- SunTrust Banks, Inc,Hugh Suhr,Atlanta Ga 11/19/2008
→ WL Ross & Co. LLC and American Home Mortgage Servicing, Inc. Announce Support of the Streamlined Mortgage Modification Plan
Wilbur L. Ross, chairman and CEO of WL Ross & Co. LLC (WL Ross), and David M. Friedman, president and CEO of American Home Mortgage Servicing, Inc. (AHMSI), issued the following joint statement today in response to the streamlined mortgage modification plan (SMP) introduced on November 11 by the Federal Housing Finance Agency, Fannie Mae, Freddie Mac, and the HOPE NOW Alliance. -- WL Ross & Co. LLC,Christine Sullivan,New York Ny 11/19/2008
→ Deloitte Consumer Spending Index Turns Negative for the First Time Since 1980
The Deloitte Research Leading Index of Consumer Spending fell into negative territory in October, primarily due to substantial increases in unemployment claims and continued softness in the housing market. The Index attempts to track consumer cash flow as an indicator of future consumer spending. -- Deloitte Research,Laura E. Wilker,New York Ny 11/19/2008
→ Home Valuations Provided by Licensed Appraisers at SimilarSales.com for Hundreds Less Than a Full Appraisal
As home values continue their downward spiral and the U.S. grapples with the far-reaching effects of the economic meltdown, many homeowners are looking to the future with trepidation. Many homeowners are unsure of their homes' current market value - for most, their largest investment - and don't want to pay for a full appraisal or rely on valuation models to find out what their home is worth. Enter Similar Sales, Inc. (http://www.similarsales.com/), a company that provides an appraiser's opinion of a home's value for around 10% of the cost of a full residential appraisal report. -- Similar Sales, Inc.,Scott Elia,Farmington Hills Mi 11/19/2008
→ Biggest U.S. Mortgage Lenders
DALLAS, Nov. 17 /PRNewswire/ -- Mergers and acquisitions are shaking up the standings of the biggest mortgage originators, according to earnings data analyzed by http://www.mortgagedaily.com/. Mergers will continue to reshape rankings through next year. -- MortgageDaily.com,Sam Garcia,Dallas Tx 11/19/2008
→ First American Creates Two New Business Line Solutions: Valuation and Property Solutions and Outsourcing and Technology Solutions
- Step Toward "One-firm" Vision Brings Together Multiple Companies to Meet Client and Market Needs - -- The First American Corporation,Carrie Gaska,Santa Ana Ca 11/19/2008
→ Texas Residential Mortgage Law Firm Polunsky & Beitel, LLP Adds New Director of Business Development
Mortgage industry veteran Amy Coke assisting residential lenders -- Polunsky & Beitel, LLP,Amy Coke,Dallas Tx 11/19/2008
→ Texas Residential Mortgage Law Firm Polunsky & Beitel, LLP Adds New Director of Business Development
Mortgage industry veteran Amy Coke assisting residential lenders -- Polunsky & Beitel, LLP ,Amy Coke,Dallas Tx 11/19/2008
→ a la mode Announces New IDX Product
a la mode, inc. (http://www.alamode.com/), one of the real estate industry's largest and most mission critical technology companies, announced today that it will release a new IDX product for real estate agents. IDX, or "Internet Data Exchange", is a way for real estate brokers and their agents to display all of the local MLS's listings on their own websites, with the hosting broker's contact information shown instead of the listing broker's. -- a la mode, inc. ,Alonso Portillo,Oklahoma City Ok 11/19/2008
→ Mortgage Rates Remain Stable for Second Consecutive Week
Steady Two Weeks After Peaks and Valleys of Late October, According to Zillow(R) Mortgage Rate Monitor -- Zillow.com ,Katie Curnutte,,Seattle Wa 11/19/2008
→ Investor Advocates Urge Greater Shareholder Empowerment to Fill Regulatory Gaps, as Congress Hears From Treas. Sec. Paulson & Fed Chair Bernanke
In a statement sent today to key Members of Congress, the National Association of Shareholder and Consumer Attorneys (NASCAT) urged greater empowerment of shareholders to help police financial markets and corporate governance by restoring investor legal rights lost during the past 15 years. The statement comes as the House Committee on Financial Services hears testimony today from Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke on the Treasury Department's $700 billion Troubled Asset Relief Fund (TARP). -- National Association of Shareholder and Consumer Attorneys ,Jeff McCord,Washington Dc 11/19/2008
→ 'Avoid Foreclosure by Taking-Out a Reverse Mortgage!' Says Reverse Mortgage Expert & Author, Scott Tucker!
'And you'll never have to make another mortgage payment for the rest of your life!' -- ReverseMortgageGuest.com ,Scott Tucker, 11/19/2008
→ Home Warranty of America Speaks with Tax Expert about Key Details of the Mortgage Forgiveness Debt Relief Act Affecting Homeowners
No matter what the circumstances, from job loss or illness to changing market conditions, there`s a lot of stress a homeowner goes through in a foreclosure or a short sale of their home. -- Home Warranty of America,Erika Schmit,Buffalo Grove Il 11/19/2008
→ Lender Processing Services, Inc. to Present at Bank of America Credit Conference
Lender Processing Services, Inc. (NYSE:LPS) , a leading provider of integrated technology and services to the mortgage industry, today announced that its President and Chief Executive Officer, Jeff Carbiener, is scheduled to present at Bank of America`s Credit Conference on Thursday, November 20 at 10:30 am ET. Investors may access a live webcast of the presentation by logging onto www.lpsvcs.com. -- Lender Processing Services, Inc. ,Parag Bhansali,Jacksonville Fl 11/19/2008
→ Rent to Beat the Credit Crunch, says RoomBuddies.com
-- Growing numbers of people are looking to rent or let out a room as the credit crunch really starts to bite, according to leading UK house share website RoomBuddies.com. -- RoomBuddies.com ,Sam Allcock,London Uk 11/19/2008
→ Lender Processing Services Announces New Mass Loan Modification Solution
RediMod Improves Servicers` Ability to Help Delinquent and At-Risk Borrowers -- Lender Processing Services,Michelle Kersch,Jacksonville Fl 11/19/2008
→ Uccplus Risk Management Program To Deliver Much Needed Liquidity And Credit Quality To Non-real Estate Lending
Liquidity Tool Sets New Standard of `Best-Practice Protection` for Secured Lenders -- Fidelity National Financial, Inc.,Darcy Patch,Chicago Illinois 11/19/2008
→ Lend America Provides Progress Update On H4h Institutional Investor Program And Demonstrates Further Commitment To The Government`s Hope For Homeowners Program By Launching Direct-to-consumer H4h Platform
300 H4H mortgage specialists now trained and certified to handle `Structured Refinances` -- LendAmerica,Mary McPhall,Melville NY 11/19/2008
→ Netmore America Appoints Susan King New Regional Vice President Western Region To Further Expand Production Volume And Geographic Penetration
NetMore America, Inc. (“NetMore”), an expanding next generation mortgage banker, announced today the hiring of Susan King as Regional Vice President Western Region to help manage the Company’s growth and further expand NetMore’s production volume and geographic penetration throughout the Western United States. Ms. King brings to this new position more that 16 years of combined sales and management experience in both the mortgage industry as well as the title and escrow industries. -- NetMore America, Inc. (NetMore),Info,WALLA WALLA wa 11/19/2008
→ Generation Mortgage Offers Additional Peace Of Mind To Senior Home Owners
New Government Regulations Increase Lending Limits Nationwide ATLANTA, -- ,Kimberly Kerrigan,Atlanta Ga 11/19/2008
→ Allregs FCRA Coursework Approved For Attorney CLE Credit In California And Florida
-- ,Glenn Ford,Eagan 11/19/2008
→ Allied Home Mortgage Implements Automated Compliance Controls Across Hundreds Of Branches With Complianceease Solutions
- One of the nations largest mortgage broker networks automates its compliance risk management with state-of-the-art technology - -- Complianceease,John Vong,San Francisco 11/19/2008
→ HFF Arranges Financing Of Acadiana Centre In Friendswood, Texas
The Houston office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged financing for Acadiana Centre, a 39,463-square-foot retail center in Friendswood, Texas. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Houston Tx 11/19/2008
→ HFF Arranges $33.5 Million Financing For Hampton Inn In Manhattan`s Herald Square
The New York office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it arranged $33.5 million in financing for the Hampton Inn 35th Street, a recently-completed, 147-room hotel in Manhattan’s Herald Square. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,New York NY 11/19/2008
→ Ex-landamerica Executives Select Ramquest
RamQuest Software, Inc., a recognized leader in the land title software industry, announced today that OFTA, LLC, parent company of Transnation Title Agency of Michigan, has selected RamQuest’s Complete Closing Enterprise Professional as the company’s title and closing production solution. OFTA, LLC consists of former LandAmerica executives who purchased LandAmerica’s direct operations in Western Michigan earlier this year. -- RamQuest Software, Inc.,Erin McAnally,Plano tx 11/19/2008
→ Mortgage Applications Decrease In Latest MBA Weekly Survey
-- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 11/19/2008
→ 2008 Ohio Housing Conference `uniting For Tomorrow` To Address Key Issues Impacting Affordable Housing In Ohio
Housing professionals from across Ohio and the nation will join together at one of the largest statewide annual housing conferences in the country beginning today to discuss affordable housing at the local, state and national levels. -- Ohio Housing Finance Agency,Erin Biehl,Columbus Ohio 11/19/2008
→ The Risk Management Association And Automated Financial Systems` Risk Analysis Service Third Quarter Metrics Reflect Continued Deterioration In U.s. Middle Market Credit Quality
Non-current loan levels reach 5 year highs -- The Risk Management Association,Meg McBride,Philadelphia Pa 11/19/2008
→ Weingarten Realty Investors Announces $271 Million Joint Venture With Hines Reit
Weingarten Realty Investors (NYSE:WRI) and Hines Real Estate Investment Trust, Inc. (“Hines REIT”) announced the formation of a joint venture transaction in which a subsidiary of Hines REIT will acquire a 70% interest in a WRI portfolio of 12 high-volume supermarket-anchored shopping centers. The aggregate transaction price is approximately $271 million and the transaction will close on multiple dates. The initial closing occurred on November 13, 2008 and included eight of the properties for approximately $205 million, and the purchase of the remaining four properties will be closed upon finalization of their loan assumptions. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Houston Tx 11/19/2008
→ Tidal Software Announces Intersperse 8.0, The First Comprehensive, Component-level, Business-transaction Monitor
Product aggregates component-level operational metrics to monitor business-transaction performance, deliver proactive alerts, and initiate automatic corrective action -- ,Will Matlack,Palo Alto Ca 11/19/2008
→ Basepoint`s New Identity Theft Risk Survey Empowers Consumers Before Black Friday And Holiday Shopping Season
A new Identify Theft Risk Assessment is now available FREE to consumers who want to understand if they are at risk for identity theft. The online survey empowers consumers by calculating their individual “risk score.” -- BasePoint Analytics,Info,CARLSBAD ca 11/19/2008
→ MBA's Kittle Testifies Before Senate Judiciary Committee
Says Bankruptcy Cramdown Will Increase Costs for All Borrowers -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 11/19/2008