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  •   MBA`s Kempner Announces His Departure
Jonathan L. Kempner, President and Chief Executive Officer of the Mortgage Bankers Association, announced today that he will be stepping down from that role on December 31, 2008. Kempner was hired in March 2001 to lead MBA through a turnaround in its operations after three especially rough years. Under his leadership, the association doubled its revenues and operating reserve fund, while scoring a host of policy and advocacy victories. Major strides have been recorded in MBA`s various member-focused departments, including communications, research, conferences, education and technology - in both the realms of residential and commercial/multifamily real estate finance.
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  07/23/2008

  •   Mortgage Applications Decrease In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 18, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 489.6, a decrease of 6.2 percent on a seasonally adjusted basis from 522.2 one week earlier. On an unadjusted basis, the Index decreased 6.1 percent compared with the previous week and was down 19.6 percent compared with the same week one year earlier.
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  07/23/2008

  •   NJ MULTI-FAMILY MARKET REMAINS STRONG AND VIABLE
Occupancy Rates Continue to Fall as Rents and Appreciation Values Rise
Cushman & Wakefield Real Estate,Information 6469,New York New York  07/23/2008

  •   Marinita Development to Commence Construction on New $24.3 Million Shopping Center in La Quinta, Calif.
Marinita Development plans to commence construction on August 1, 2008 on Jefferson Square, a new $24.3 million, 90,440 sq. ft. supermarket/drug anchored shopping center in La Quinta, CA. Phase one, which will consist of a Fresh & Easy Market and CVS/pharmacy, is expected to be completed in the first quarter of 2009. KTGY is the project architect.
Monaghan Communications,Anne Monaghan,Newport Beach California  07/22/2008

  •   America Weighs in for Downpayment Assistance
Public Comments Overwhelmingly Oppose HUD Plan To Ban Key Downpayment Assistance Program
Ameridream, Inc,Kevin Mehling,Saint Charles Illinois  07/22/2008

  •   Home Sales to Vary in Narrow Range, Then Rise in Second Half
Modest near-term movement is expected in existing-home sales, with a recovery in sales seen during the second half of the year, according to the latest forecast by the National Association of Realtors(R).
National Association of Realtors®,Walter Molony,WASHINGTON dc  07/22/2008