Interest Rate Markets News
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• Mortgage Applications Increase In Latest MBA Weekly Survey
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 09/03/2008
• FORMER HUD SECRETARY CISNEROS CITES HOUSING DECLINE AS UNPRECEDENTED DRAG ON US ECONOMY; CALLS FOR NEW STIMULUS PACKAGE WITH STRONG HOUSING MEASURES
FHLBank San Francisco DNC Forum Releases New Demographic Data on Sub-Prime Borrowers
The Federal Home Loan Bank of San Francisco,,Denver CO 08/28/2008
• Mortgage crisis: Blame the bank?
Banks have played a big role in the mortgage crisis, not only because they issued loans to suspect borrowers, but because many originated and sold bad loans to other lenders, says a University of Michigan business professor.
Bernie DeGroat,Purnanandam,Ann Arbor MI 08/28/2008
• 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
• Mortgage Applications Decrease Slightly In Latest MBA Weekly Survey
Mortgage Bankers Association of America,John Ferber,Washington District of Columbia 08/26/2008
• MBA Releases White Paper Outlining Fundamental Data Management Concepts for the Real Estate Finance Industry
The Mortgage Bankers Association's (MBA) Residential Technology Steering Committee (RESTECH) today released a white paper that details the key fundamental concepts of industry data management, one of the most important components in the mortgage banking process. The goal of the paper is to provide an overview of fundamental strategies for assessing and improving overall data management practices while also providing measurement benchmarks and references.
Mortgage Bankers Association of America,Aleis Stokes,Washington District of Columbia 08/26/2008
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Mortgage Lending News
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• 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
• Mortgage Applications Increase In Latest MBA Weekly Survey
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 09/03/2008
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