Mortgage Lending September 30, 2008

→   ELLIE MAE ANNOUNCES AVAILABILITY OF FIRST AMERICAN TITLE INSURANCE COMPANY`S AUTOMATED TITLE ACCOUNT SET-UP ON ENCOMPASS
Automated account set-up saves time and enables customers to place immediate orders -- Ellie Mae Inc.,David Lewis,Pleasanton California  09/30/2008



→   MBA Releases 2nd Quarter 2008 Commercial Real Estate/ Multifamily Finance Quarterly Data Book
The Mortgage Bankers Association (MBA) today released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the second quarter of 2008. The Data Book compiles the most up-to-date information on topics of interest to commercial/multifamily real estate finance industry participants and observers. -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia  09/30/2008



→   RamQuest Announces Availability of Complete Closing Version 6.1.1 New Multiple Bank Account Capability Enhances Escrow Accounting Process
RamQuest Software, Inc., RamQuest Software, Inc., a recognized leader in the land title software industry and developer of the Closing Market digital network, announced today that version 6.1.1 of its flagship solution for title and escrow production, Complete Closing Enterprise, is now available to both new and existing customers. Complete Closing Enterprise is the foundation for RamQuest's product suite and provides title companies with a comprehensive set of tools for managing the title insurance process including order processing, commitment policy, escrow accounting and HUD generation. -- RamQuest Software, Inc.,Erin McAnally,Plano tx  09/30/2008



→   HFF secures construction/permanent financing for development of Silicon Valley Courtyard by Marriott Hotel
The San Diego office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured construction/permanent financing for the development of a 162-key Courtyard by Marriott Hotel in the Silicon Valley area of California. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,San Diego ca  09/30/2008



→   HFF arranges loan bringing total financing to $100.72 million for third phase of Southern California multifamily community
The Orange County office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it secured $13.27 million in financing for the third phase of Homecoming at Terra Vista, a Class A multifamily community in Rancho Cucamonga, California. This phase includes 80 units that were completed in 2007. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,IRVINE ca  09/30/2008



→   McCAIN THE SEAGULL MANAGER
When John McCain cancelled Wednesday’s scheduled appearance on the Dave Letterman show to fly back to Washington and tend to legislation aimed at slowing the unraveling US economy, Letterman said he, “felt like a patriot.” -- Talentsmart®,Jennifer Hewitt,   09/29/2008



→   Hanley Investment (HI) Urban Retail Advisors Lists Landmark Pasadena Location for $15,475,000
Hanley Investment (HI) Urban Retail Advisors is marketing for sale a landmark location on South Lake Avenue in Pasadena, one of Southern California`s most dynamic and well-recognized retail shopping districts. The 24,366 sq. ft. property, which is listed for sale for $15,475,000, is a trophy street-front retail building occupied by Ann Taylor, Pottery Barn Kids and Talbots. Carlos J. Lopez of HI Urban Retail Advisors has been named the listing agent. -- Monaghan Communications,Anne Monaghan,newport beach California  09/29/2008



→   Media Invited to CMPS Advanced Mortgage Training in San Francisco
The CMPS Institute, an organization that trains and certifies mortgage brokers and bankers, is pleased to invite members of the media to attend CMPS Advanced Training October 6-8, 2008 in San Francisco. (For more information on the CMPS Institute, click here to go to the Media Information page.) -- CMPS Institute,Josephine Nicholas,Ann Arbor MI  09/26/2008



→   Commercial/Multifamily Mortgage Debt Outstanding Continued to Grow in Second Quarter
Most investor groups increase holdings, CMBS declines -- Mortgage Bankers Association of America,Jason Vasquez,Washington District of Columbia  09/24/2008



→   MBA's Courson Reacts to Presidential Address
John A. Courson, Chief Operating Officer of the Mortgage Bankers Association (MBA) tonight issued the following statement in reaction to President Bush's call for Congress to quickly pass legislation authorizing the Treasury to purchase distressed mortgage assets. -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia  09/24/2008



→   Do you know someone who is BEHIND on their MORTGAGE? Call us!
Do they have no where to turn? We have 25 years of experience in providing FORECLOSURE ASSISTANCE to the public. Our success rate is indicative of our unique ability to provide personalized solutions for everyone. Whatever the cause - loss of income - divorce - unemployment - illness - poor money management, for falling behind in making mortgage payments, we can offer a solution. We will establish a `personal action plan` including reorganization of finances and a variety of unique programs and resinstatement options to avoid foreclosure. There is NO CREDIT CHECK and we offer FREE EVALUATION! Call Judy Cary, Direc tor of Business Development at 703-766-5777, ext 803 or email her at j.cary@mmrem.com. -- MMREM,Judy,Vienna VA  09/24/2008



→   STONEWATER MORTGAGE TAPS MAVENT TO ENSURE LOAN COMPLIANCE
National mortgage banker to benefit from Mavent’s automated compliance solutions; Mavent’s patented automated technology analyzes mortgage loan data in seconds -- Mavent Inc.,Lou Pizante,Irvine California  09/20/2008



→   Lender Technologies Corp. Releases Final RFP for National Database to Fight Fraud Against Mortgage Lenders
- Lender Technologies Corporation (LTC), a wholly owned subsidiary of the Mortgage Bankers Association (MBA), today released the final Request for Proposal (RFP) for the creation of a national database to help prevent and detect mortgage fraud. Respondents will have until November 6 to review and respond to the RFP. -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia  09/18/2008



→   Wall Street Crisis – Surprise! Good News for Consumers
– “Ironically enough, consumers benefit in three ways from all the turmoil going on right now on Wall Street,” said Gibran Nicholas, Chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers. -- CMPS Institute,Josephine Nicholas,Ann Arbor MI  09/17/2008



→   Residential Finance Appoints Jessica Manna as Vice President, Chief Marketing Officer
Accomplished Marketing Executive Appointed to Lead Marketing Strategy and Brand Development for Fast-Growing Mortgage Banking Firm -- Residential Finance Corporation,Info,COLUMBUS OH  09/17/2008



→   NetMore America Names Scott Holtz New Regional Vice President Eastern Region To Facilitate Build Out Of National Lending Platform
, NetMore America, Inc. (“NetMore”), an expanding mortgage lender, announced today the hiring of Scott Holtz as Regional Vice President Eastern Region to help manage the Company’s growth and move NetMore’s objective of building a national sustainable lending platform forward. Mr. Holtz joins NetMore with more than 24 years of mortgage industry experience and proven accomplishments in building sales teams and branch operations. -- NetMore America, Inc. (NetMore),Info,WALLA WALLA wa  09/16/2008



→   Lend America Launches Institutional Mortgage Solution To Help Institutional Investors Monetize Residential Mortgage Portfolios
Issuer of GNMA mortgage-backed securities capable of quickly refinancing performing mortgages -- LendAmerica,Mary McPhall,Melville NY  09/11/2008



→   Federal Conservatorship of Fannie Mae and Freddie Mac
Federal Conservatorship of Fannie Mae and Freddie Mac In the wake of the Federal Conservatorship of Fannie Mae and Freddie Mac, we at MIAC generally expect a `business as usual` environment. However,. there are nuances to the terms of the conservatorship that may produce micro-level changes, as well as some macro-level changes to the landscape of the industry in the near-term. While we await clarity on the implementation of these nuances, this Special Edition of MIAC Perspectives identifies a few areas for continued discussion, observation, and focus to determine what might happen, along with our recommendations for how mortgage bankers can best position themselves going forward...Read Article. For further information on MIAC, please visit www.MIACAnalytics.com. -- Mortgage Industry Advisory Corp.,Dan Thomas,New York New York  09/11/2008



→   Hanley Investment Group Sells Four Properties to All Cash Buyers at 6% and Below Cap Rates
Jeremy McChesney of Hanley Investment Group Real Estate Advisors represented the buyers in the sale of four single-tenant retail properties in Southern California for a total consideration of $13,567,000. The properties are located in Big Bear Lake, Rancho Cucamonga, Garden Grove and Los Angeles. -- Monaghan Communications,Anne Monaghan,newport beach California  09/09/2008



→   Amerisave now hiring 50 ICC employee`s immediately!
A refinance boom like you have not seen in years is about to hit us! Cost to do a typical 240k loan, from Friday to Monday, have come down by approximately $3,000! Moody and other analysts are predicting rates will continue to come down drastically from where they have been based on the fact that our Government is going to start buying Mortgage Backed Securities. This is going to create a huge refi boom allowing you to make great money with Amerisave right now! -- Amerisave Mortgage Corp.,Kyle Zotter,Atlanta GA  09/08/2008



→   Amerisave Mortgage New Comp Plan
Our new Comp plan will be going into affect tomorrow! With our new comp plan you can now make up to 38% in overrides alone! Contact me for details or visit www.notanothernetbranch.com -- Amerisave Mortgage Corp.,Kyle Zotter,Atlanta GA  09/08/2008



→   KTGY Principal Ken Ryan to Speak at CA Chapter of American Planning Association (CCAPA) Conference
KTGY Principal Ken Ryan will be a panelist at the 2008 California Chapter of the American Planning Association (CCAPA) Conference`s session, `What Council Members Really Want,` on Monday, Sept. 22, 2008, from 4:30 - 5:45 pm in Hollywood, CA. -- Monaghan Communications,Anne Monaghan,Newport Beach California  09/05/2008



→   HFF arranges $90 million construction loan for Archstone Avenir in Boston
The Boston and Dallas offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they arranged a $90 million construction loan for the development of Archstone Avenir, a 241-unit multifamily community in Boston, Massachusetts. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,Boston MA  09/04/2008



→   $172.5 million construction/mini-permanent loan arranged by HFF for three Maryland multifamily developments
The Washington, D.C. and Dallas offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they arranged a $172.5 million construction/mini-permanent loan for three multifamily developments totaling 1,134 units in Maryland. -- HFF (Holliday Fenoglio Fowler, L.P.),Laurie Fish McDowell,WASHINGTON dc  09/04/2008



→   Wachovia, Midland/PNC, Capmark and Wells Fargo Top Mid-Year Rankings of National Commercial/Multifamily Servicing Volumes
The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily loan servicers as of the end of June 30, 2008. On top of the list of firms is Wachovia Securities with $434.3 billion in U.S. master and primary servicing, followed by Midland Loan Services/PNC Real Estate Finance with $273.8 billion, Capmark Financial Group, Inc. with $258.3 billion and Wells Fargo Bank with $179.5 billion. -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia  09/04/2008



→   Fair Isaac Insights: How Can Fraud Models Combat New Tricks?
A “bolt-on” adaptive model layer, which self-learns new fraud patterns, boosts detection by nearly 20% in recent test. -- Fair Isaac Corporation,Rachel Carawan,Minneapolis Minnesota  09/04/2008