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Mortgage Lending News Click to continue . . .
Capmark® Partners with CampusMBA to Certify
U.S. Commercial Servicing Staff in the United States, Ireland and India
Mortgage Bankers Association of America,Aleis Stokes,Washington District of Columbia 08/27/2008
Advanced Mortgage Planning Training Encourages Standardization and Elevates Professionalism
CMPS Institute is offering its first advanced mortgage training initiative entitled Client LifeCycle™ on October 6-8, 2008 in San Francisco, California. The event will present high level financial knowledge with a theme of taking mortgage professionals through the various stages of a client’s life and identifying suitable mortgage recommendations based on the client’s circumstances. “This is very timely in light of new federal requirements for mortgage bankers and brokers to adhere to higher educational and ethical standards,” said Gibran Nicholas, Chairman of the CMPS Institute.
CMPS Institute,Josephine Nicholas,ANN ARBOR MI 08/27/2008
Mortgage Applications Increase Slightly In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 22, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 421.6, an increase of 0.5 percent on a seasonally adjusted basis from 419.3 one week earlier. On an unadjusted basis, the Index decreased 0.9 percent compared with the previous week and was down 31.2 percent compared with the same week one year earlier.
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 08/27/2008
Over 2 Million Foreclosures Prevented In Past Year
By Hope Now Alliance Members
Number of homeowners helped in July 2008 sets another monthly record
HOPE NOW,Kate McGann,Washington DC 08/27/2008
Coreland Companies Lands Over 1.5 Million SF in Retail Management Assignments in Southern California
Tustin, Calif.-based Coreland Companies announced that the firm has recently been awarded eight new retail management assignments in Southern California totaling more than 1.5 million square feet including 47th Street Pavilion in Palmdale; Vernola Marketplace in Mira Loma; Talega Village Center in San Clemente; Redlands Town Center in Redlands; Porter Ranch Shopping Center in Los Angeles; Diamond Hills Plaza in Diamond Bar; Mission Plaza in San Fernando; and Centre Pointe Marketplace in Valencia.
Monaghan Communications,Anne Monaghan,newport beach California 08/26/2008
$33.5 million refinance of Back Bay apartments arranged by HFF
The Boston office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured a $33.5 million refinancing for St. Germain Apartments, a 207-unit brownstone apartment complex in Boston’s Back Bay neighborhood.
HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Boston MA 08/26/2008