Mortgage Banking July 15, 2009
→ SORRENTO CAPITAL ACQUIRES REO.COM
Investment firm adds leading technology and service provider to its portfolio of loss mitigation and consumer debt-focused companies -- Sorrento Capital,Jeri Yoshida,Irvine Ca 07/15/2009
→ Mortgage Applications Increase in Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 10, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 514.4, an increase of 4.3 percent on a seasonally adjusted basis from 493.1 one week earlier. On an unadjusted basis, the Index increased 15.3 percent compared with the previous week and decreased 2.7 percent compared with the same week one year earlier. -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 07/15/2009
→ GMAC Financial Services Declares Final Monthly Distribution Date for Superior Wholesale Inventory Financing Trust X
GMAC Financial Services today announced that the final monthly distribution date for Superior Wholesale Inventory Financing Trust X (SWIFT X) will occur on July 15, 2009. This will result in a termination of all of the outstanding SWIFT X Floating Rate Asset-Backed Class A, Class B and Class C Term Notes, Series 2004-A (Term Notes). -- GMAC Financial Services,Gina Proia,Detroit Mi 07/14/2009
→ 30-year Fixed Rates Continue Month-Long Decline
Rates Fall Further on Monday, According to Zillow(R) Mortgage Rate Monitor -- Zillow,Katie Curnutte,Seattle Wa 07/14/2009
→ Federated Investors, Inc. to Advise on Multi-billion Dollar Portfolio for Bayerische Landesbank
- Mandate builds on Federated's demonstrated ability to realize value for clients within their structured product portfolios -- Federated Investors, Inc.,Meghan McAndrew,Pittsburgh Pa 07/14/2009
→ SilverLeaf Financial Acquires 321 Single-Family Mortgages from Loans Originated by GMAC
SilverLeaf Financial's CEO, Shane Baldwin, speaks about the firm's most recent loan pool acquisitions -- SilverLeaf Financial,Campbell Dosch,Salt Lake City Ut 07/14/2009
→ Genworth Financial Says Number of Loans Eligible for MI Modification Will Jump Under New Guidelines for Making Home Affordable Program Refinancing
Genworth Financial, Inc. (NYSE:GNW) said today that the recent decision by the Obama Administration to expand eligibility for its Making Home Affordable program will make an estimated 44% additional loans covered by its U.S. mortgage insurance business eligible for modification in connection with the borrower's refinancing. In all, nearly 530,000 loans will be eligible for modification. -- Genworth Financial Inc.,Terry Souers,Raleigh Nc 07/14/2009
→ Debt Consolidation Companies Under Fire
In an economy battered by high unemployment, consumers awash in debt are paying increasing attention to debt consolidation companies promising easy debt relief. At the same time, the debt settlement industry is also under increasing scrutiny from consumer advocates, prosecutors, the Federal Trade Commission, regulators, Congress and state legislatures. -- Rosenbaum Law Offices,Press, 07/14/2009
→ U.S. HOUSE PRICES UP 1.6% IN MAY ACCORDING TO IAS360 HOUSE PRICE INDEX
Northeast Leads The Way As All Four U.S. Census Regions Report Gains -- John Burns Real Estate Consulting,Dan Mahoney,Denver Co 07/14/2009
→ Mortgage Brokers Network has grown to working with 12 mortgage net branch companies and 3 charter banks!
Mortgage Brokers Network also offers services in mortgage lead generation, processing services with NAMP, technology service with companies like Mortgage Dashboard, LoanSifter and others. Mortgage Brokers Network also offers website services through "It's My Web". If you are looking for a service in the mortgage industry or have a service you would like to offer Mortgage Brokers Network, check them out today! -- Mortgage Brokers Network,Gary Lacey,Olney Illinois 07/14/2009
→ Coreland Companies Adds Two Industry Veterans and Promotes Others In Brokerage Division
TUSTIN, CALIF. - Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in California, announced today it has significantly enhanced its Brokerage division to oversee the firm's continued growth in the retail and office market sectors. David T. Girty, a 20+ year veteran of the commercial real estate industry in Orange County and most recently a Senior Vice President with Grubb & Ellis, joins Coreland as Director, Office Brokerage, while Matthew Hammond, a retail specialist and 11-year veteran at Coreland, is promoted to the role of Director, Retail Brokerage. Additionally, former Leasing Director of Red Mountain Retail Group, Benjamin Terry, joins Coreland as Senior Associate, Retail Brokerage. Bryan Bauer, entering his sixth year with Coreland's Retail Brokerage team, is promoted to Senior Associate, Retail Brokerage. -- Coreland Companies,Anne Monaghan,Tustin CA 07/13/2009
→ Banking Department Wins Court Case Against Internet Payday Lender
Commonwealth Court Rules PA Law Applies to Out-of-State Companies -- Offical Pennsylvania State Police Web Site,Ed Novak,Harrisburg Pa 07/13/2009
→ Acris Solutions Partners with Bankers` Mortgage Solutions to Bring Paperless Functionality to Community Banks` Lending Efforts
Paperless processing and electronic loan delivery expands innovative service provider’s offerings to community banks across the country -- Acris Solutions,Richard Johnston,Laguna Hills Ca 07/13/2009
→ New partnership between Mortgagebot and Harland Financial Services
Mortgagebot® LLC is pleased to announce the expansion of its preferred referral alliance with Lake Mary, Fla.-based Harland Financial Solutions, Inc., an industry-leading supplier of software and services to thousands of financial institutions of all sizes. The expanded agreement enables Harland Financial Solutions to offer its clients the complete, multi-channel Mortgagebot PowerSite® point-of-sale (POS) platform. -- MortgageBot LLC,Robert Brandt,Cedarburg Wisconsin 07/13/2009
→ Reverse Mortgage Adviser Verifies Homeowners Using TARGUSinfo
Free Online Service Helps Link Eligible Seniors Seeking Reverse Mortgages with Leading Lenders Looking for Contactable Borrowers -- TARGUSinfo,Rufus Manning,Vienna Va 07/13/2009
→ Credit Answers, A Leading Provider In Debt Settlement, Launches A Loan Modification Division
Today, July 13, 2009, 6 hours ago -- Credit Answers,Bill Loughborough,Plano Tx 07/13/2009
→ Huntington Investment Company Adds Four Representatives to Its Columbus Team
Part of a Planned Companywide Expansion of Investment Representatives -- Huntington Bancshares,Maureen Brown,Columbus Oh 07/13/2009
→ POF - Escrow and Investment Transaction Deposit
CASH DEPOSITS INTO ESCROW -- Offshore Trading Platform,Reginald Ollison,Raleigh NC 07/13/2009
→ $50,000 Offshore Trading Platform
To achieve the above we offer: -- Offshore Trading Platform,Reginald Ollison,Raleigh NC 07/13/2009
→ Proof of Funds
Proof of funds supporting a commitment to fund your transaction. Some common uses of the service are the following: -- Atlantic Equity Partners LLC.,Reginald Ollison,Raleigh NC 07/13/2009
→ Block Escrow, Bank Account, MT760, Providing Evidence of Proof of Funds
PROOF OF FUNDS SERVICE -- Offshore Trading Platform,Reginald Ollison,Raleigh NC 07/12/2009
→ The Huntington Investment Company Launches a New Independent Advisor Channel
A 27-Year Investment Veteran Will Lead the New Unit -- Huntington Bancshares,Jay Gould,Columbus Oh 07/10/2009
→ Housing Assist Builds the Bridge Between Homeowners and Banks for Successful Short Sales
Banks expect a recovery from the housing debacle, while cooperating with companies that are qualified in assisting homeowners short sale -- Housing Assist of America,Ardy Afshar,Los Angeles Ca 07/10/2009
→ Credit Answers, A Leading Provider In Debt Settlement, Launches A Loan Modification Division
Credit Answers, a leading debt settlement firm, located in Plano, TX, has launched a loan modification division to broaden its debt relief scope. -- Credit Answers,Bill Loughborough,Plano Tx 07/10/2009
→ Mortgage Credit News July 10, 2009
Long-term interest rates plunged this week as "V" hopes gave way to "L" reality. -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co 07/10/2009
→ Southwest Side Community Announces Partnership With Bank of America to Keep Families in Homes
Commitment to "Restore Health" to Southwest Community Comes After Two Hundred Community Residents Rally Outside St. Rita Church -- Southwest Organizing Project,Jeff Bartow,Chicago Il 07/10/2009
→ Survey Shows Support for Obama Economic Plans
A study conducted by Foreclosure1.com of its users shows support for Obama's economic proposals, particularly those geared towards homeowners. When President Obama took office in January 2009, one of his first actions was to begin assembling an economic stimulus plan that would help revive the U.S. economy. The bill passed, although its $787 billion price tag caused some controversy, particularly among Republicans. -- Foreclosure1.com,James Carter,New York Ny 07/10/2009
→ Class Action Against Old Republic National Title Insurance Company Directed To Proceed By Court
Class Counsel for the Plaintiffs in the Old Republic National Title Insurance Company class action suit announced the following: -- Quinn, Gordon & Wolf, Chtd.,Richard S. Gordon Esq,Philadelphia Pa 07/10/2009
→ Foreclosure Rates Continue Rising and Housing Prices Continue Falling
ForeclosureDataOnline.com reports more dark days ahead for the housing market and for homeowners concerned about losing their homes. The data collected by the site shows that foreclosure levels continue to rise and are reaching record highs, particularly in states such as Michigan, California, and Florida. -- ForeclosureDataOnline.com,Ray Murray,New York Ny 07/10/2009
→ Pembrook Actively Seeking to Deploy Up to $500 Million
The Pembrook Group Is Actively Searching for Lending Opportunities in Commercial Real Estate -- The Pembrook Group, LLC,John Garth,New York Ny 07/10/2009
→ Griffin Announces Closing on Mortgage
Griffin Land & Nurseries, Inc. (NASDAQ:GRIF) ("Griffin") announced that its real estate business, Griffin Land, closed on a mortgage of four of its industrial buildings in New England Tradeport, Griffin Land's industrial park in East Granby and Windsor, Connecticut, with People's United Bank. The new mortgage generated initial proceeds of $8.5 million and may be increased in increments up to an aggregate borrowing of $10.5 million if the currently vacant space in the buildings is leased within the next three years. The mortgage has a ten-year term with payments based on a twenty-five year amortization period. The mortgage carries a floating interest rate, but Griffin entered into an interest rate swap agreement with People's United Bank that effectively fixes the interest rate at 6.58% for the term of the loan. The mortgage is nonrecourse but includes provisions whereby a subsidiary of Griffin entered into a master lease for 90% of the space in the mortgaged properties. The master lease will stay in effect unless and until overall occupancy reaches an agreed upon level. If not terminated earlier, the master lease expires at the end of the mortgage term. Proceeds will be used for general corporate purposes. -- Griffin Land & Nurseries, Inc.,Anthony Galici,New York Ny 07/10/2009
→ U.S. Treasury Taps 9 Managers for Toxic-Debt Program
The U.S. Treasury named BlackRock Inc., Invesco Ltd. and seven other managers for its Public- Private Investment Program, in an effort to remove as much as $40 billion in distressed assets from financial institutions. -- Bloomberg,Press Release,Princeton New Jersey 07/10/2009
→ Bankrate: Economic Worries Bring Mortgage Rates Lower
The average 30-year fixed mortgage rate fell for the third time in four weeks, with the average rate dropping to 5.59 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.4 discount and origination points. -- Bankrate.com,Kayleen Keneally,New York Ny 07/09/2009
→ Foreclosures Everywhere - Now What?
New PolicyLink report highlights promising ways cities and states are dealing with the community impacts of widespread foreclosures -- PolicyLink,Dan Lavoie,Oakland Ca 07/09/2009
→ Shore Mortgage to Hire 100 More Employees
Michigan-Based, Shore Mortgage, one of the country's Leading FHA and conventional home lenders, is seeking to grow company's team and to highlight employee benefits -- Shore Mortgage,Angie Bournias f,Birmingham Mi 07/09/2009
→ MBA Reports Government-Insured Share of Mortgage Applications Highest Since 1990, Now at 36 Percent
The government-insured (FHA and VA loans) share of mortgage applications was 35.9 percent in June 2009, the highest level since November 1990, according to the Mortgage Bankers Association. -- Mortgage Bankers Association of America,Carolyn Kemp,Washington District of Columbia 07/09/2009
→ Freddie Mac YouTube(TM) Video Shows Delinquent Borrowers How to Make More Effective Phone Calls to Servicers
New Video Shows Which Documents Can Help Reduce Repeat Calls To Servicers -- Freddie Mac,Brad German,Mclean Va 07/08/2009
→ Private Mortgage Returns Rebound in First Quarter 2009
Annual returns negative for second consecutive quarter -- LifeComps,LifeComps,Boston Ma 07/08/2009
→ Brandywine Realty Trust Closes $60 Million Mortgage Loan
Brandywine Realty Trust (NYSE:BDN) , a real estate investment trust focused on the ownership, management and development of Class A, suburban and urban office properties in the mid-Atlantic region and other selected markets throughout the United States, announced today that it has closed a $60 million first mortgage financing on One Logan Square, a previously unencumbered, 594,361 square foot, 99% leased, class A, office tower in Philadelphia, PA. The loan was provided by PB Capital Corporation and features a floating rate of LIBOR plus 350 basis points (subject to a LIBOR floor) and a seven-year term with three years interest only followed by a thirty-year amortization schedule at a 7.5% rate. The net proceeds were used for general corporate purposes including the repayment of existing indebtedness. -- Brandywine Realty Trust,Marge Boccuti,Radnor Pa 07/08/2009
→ PERSON OF THE WEEK: Atare E. Agbamu And FHA Mortgagee Letter 2008-38
Within the reverse mortgage sector, the Federal Housing Administration (FHA) Mortgagee Letter 2008-38 (ML-08-38) has created a lot of talk - and a great deal of that palaver is not supportive. This week, MortgageOrb speaks with Atare E. Agbamu, director of reverse mortgages at Minneapolis-based AdvisorNet Mortgage LLC and author of the book "Think Reverse!" (The Mortgage Press, 2008), to discuss the controversy created by this document -- Credo Mortgage,Atare Agbamu,Erlanger Kentucky 07/08/2009
→ Residential Finance Corp. Hiring, Has Jobs for Experienced, Successful Mortgage Loan Officers at Columbus Headquarters
Award-winning mortgage refinance lender cited for “Sales Department of the Year”; serves 27 states, offers paid & ongoing training, comprehensive benefits, incentives -- Residential Finance Corporation,Info,Columbus Oh 07/08/2009
→ Mortgage Applications Increase in Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 3, 2009, which was a shortened week due to the Independence Day holiday. This week's results include an adjustment to account for the holiday. The Market Composite Index, a measure of mortgage loan application volume, was 493.1, an increase of 10.9 percent on a seasonally adjusted basis from 444.8 one week earlier. On an unadjusted basis, the Index decreased 0.5 percent compared with the previous week and increased 7.2 percent compared with the same week one year earlier. -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia 07/08/2009
→ ModPilot Guides Homeowners to Successful Do-It-Yourself Loan Modifications
All over America, homeowners continue to struggle with their mortgage payments. Even those who haven't lost jobs are finding themselves upside-down, owing more than their homes are worth. In some of the hardest-hit parts of the country, home values have dropped to 50% of what homeowners owe. Most Americans are stuck with a payment too high to afford, with no way to sell their homes without resorting to short sales. -- ModPilot Inc.,Matthew Smith,Oceanside Ca 07/08/2009
→ ABSNet Loan Data Available Through 1010data
Loan level data on U.S. RMBS now available -- Lewtan Technologies,Lillian Flores,+17816721175 07/08/2009
→ Foreclosure Help at Homeowners Conference
Homeowners in danger will learn how to save or sell their home from real estate expert Jeff Kaller. -- The Homeowners Conference,Patrick Nolan,Tampa Fl 07/08/2009
→ MGIC Investment Corporation Amends Shareholder Rights Agreement
Amended Agreement is Structured to Preserve Value of Net Operating Losses -- Understanding Private Mortgage Insurance,Sal Miosi,Milwaukee Wi 07/07/2009
→ RBC Capital Markets Becomes Primary Dealer
RBC Capital Markets today announced that it has been designated a primary dealer by the Federal Reserve Bank of New York, effective tomorrow, July 8, 2009. -- RBC Capital Markets,Kevin Foster,New York Ny 07/07/2009
→ Mortgage Rates Inch Down For Third Consecutive Week
Rates Fall Further on Monday, According to Zillow(R) Mortgage Rate Monitor -- Zillow.com,Katie Curnutte,Seattle Wa 07/07/2009
→ Huntington Bank Wins 9th National Award for Outstanding Service to Companies
Surveys of Businesses Ranging in Size from $1 Million in Revenues to $500 Million Give Huntington Their Highest Ratings -- Huntington Bancshares Incorporated,Jay Gould,Columbus Oh 07/07/2009
→ ELLIE MAE LAUNCHES NEW MORTGAGE MANAGEMENT SYSTEM ENCOMPASS360
Customer beta users pronounce system as first-of-its-kind, paradigm-changing solution -- Ellie Mae Inc.,Kevin Williams,Pleasanton Ca 07/07/2009
→ PROFNET EXPERT ALERTS: Business & Technology
Michael Jackson's Sudden Death: Importance of Estate Planning, -- ProfNet,David Dickey, 07/06/2009
→ Foreclosure Listings Nationwide.com Makes the Dream of Owning a Home a Reality
Foreclosures are at an all-time high. However, good news is on the horizon. The release of the new federal tax credit of $8,000 given to first-time home buyers has heated up the real estate market and provided a well-needed boost to the struggling real estate industry. And, ForeclosureListingsNationwide.com announces that its company has more than 1.5 million properties for sale. -- ForeclosureListingsNationwide.com,Jason Gallagher,Los Angeles Ca 07/06/2009
→ Free Educational Conference on the Economy and Homeownership Supported by Powerhouse Trio
Orlando Magic's Pat Williams on stage with frequent Dr. Phil and Mad Money guests, Loral Langemeier and Harry Dent - all three to speak on economic crisis and financial recovery. -- The Homeowners Conference,Patrick Nolan The Homeowners Confer,Tampa Fl 07/06/2009
→ Hanley Investment Group Sells Single-Tenant NNN Fresh & Easy Neighborhood Market for $2,475,000
Single-Tenant NNN Grocery Store Trades Hands to All Cash Buyer in 20-Day Close -- Hanley Investment Group Real Estate Advisors,Anne Monaghan,Irvine Ca 07/06/2009
→ PMI-to-PMI Refinance-to-Modification Programs
PMI is pleased to announce that we have expanded our HARP and refinance-to-modification programs -- The PMI Group, Inc.,System Admin, 07/06/2009
→ So Many Foreclosures, So Little Logic
LAST week, the stock market tumbled on news that housing foreclosures and delinquencies rose again in the first quarter. The Office of the Comptroller of the Currency said that among the 34 million loans it tracks, foreclosures in progress rose 22 percent, to 844,389. That figure was 73 percent higher than in the same period last year. -- NY Times,GRETCHEN MORGENSON, 07/06/2009
→ Mortgage Modification Efforts So Far: 5 Things You Need to Know
The lynchpin of President Barack Obama's plan to rescue troubled home owners--and the housing market as a whole--is a sweeping effort to restructure distressed home loans through a process known as "mortgage modifications." The plan offers cash incentives to mortgage servicers who agree to bring a borrower's monthly loan payments down to 31 percent of their gross monthly income. The administration believes that making monthly mortgage bills more manageable will limit the home foreclosures that are putting such downward pressure on real estate prices. -- The Home Front,Luke Mullins , 07/06/2009
→ Mortgage Rates Slide Back
The average 30-year fixed mortgage rate pulled back to 5.70 percent this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.48 discount and origination points. -- Bankrate, Inc.,Kayleen Keneally, Senior Direc,New York Ny 07/02/2009
→ As today`s economic environment puts pressure on older homeowners to find new sources of retirement income and stretch their savings, growing numbers are starting to tap their housing wealth, using home-equity loans or reverse mortgages....and Dataman Gro
A study by MetLife Mature Market Institute finds that 35% of older Americans see their homes not just as secure places to live, but also as collateral for a loan. About 14% are taking cash out of their house through a home equity loan or reverse mortgage. This is a growing reality for affluent households who seek to enhance their lifestyle, as well as middle-income families for whom it may be their only choice. Study findings indicate that older homeowners are using home equity to increase income security, enhance financial resilience to deal with unexpected expenses, and to improve debt management, among other things. -- Dataman Group Direct,Dale Filhaber, President,Boca Raton FL 07/02/2009
→ FTC issues critical advisory opinion to ACA International regarding FDCPA, FCRA
The Federal Trade Commission (FTC), for only the fourth time in its history, recently released an important advisory opinion to ACA International clarifying a conflict between the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). -- ACA International,John Nemo,Washington Dc 07/02/2009
→ Irwin Financial Corporation Announces Sales of Assets and Managerial Changes
Irwin Financial Corporation (NYSE:IFC) , today announced the sale of approximately $190 million of commercial loans in the second quarter and an agreement to sell three branch locations in Indiana, pending regulatory approval, in the third quarter. Approximately $150 million of commercial banking loans were sold to First Financial Bank, National Association. Approximately $40 million other commercial banking and franchise finance loans were sold to other purchasers. In aggregate, the loans were sold at 99.8 percent of par. In addition, Irwin agreed to sell the offices of Irwin Union Bank & Trust Company located in Carmel, Greensburg, and Shelbyville, Indiana to First Financial. -- Irwin Financial Corporation,Susan Matthews,Columbus In 07/01/2009
→ Appraisal Institute Calls on HUD to Rescind Mortgage Regulation
Calls for New Rules on Appraisal Management Companies -- Appraisal Institute,Bill Garber,Washington Dc 07/01/2009
→ Hodgdon Group Represents Ashley Furniture with Collins Commercial to Acquire 439,000 SF in Colton, CA
* * * -- Monaghan Communications,Anne Monaghan,Colton California 07/01/2009
→ Zillow.com(R) Traffic Grows 67 Percent Year-over-Year in First Half 2009
Amid real estate market uncertainty, homeowners, buyers and sellers turning to Zillow(R) in record numbers for research and advice -- Zillow.com,Jill Simmons,Seattle Wa 07/01/2009
→ Sterling Bank Names Michelle Mahfouz Executive Vice President - Personal Relationship & Business Banking
Sterling Bank, a subsidiary of Sterling Bancshares, Inc. (NASDAQ:SBIB) announced today that Michelle Mahfouz has been named Executive Vice President and Manager of Personal Relationship & Business Banking. In this position, she has responsibility for the operation of Sterling Bank's banking centers, its call center, its home equity and home mortgage programs, and small business banking. -- Sterling Bancshares, Inc.,Chris Reid,Houston Tx 07/01/2009
→ Genworth Data Shows Positive Results from Obama Administration Home Affordable Refinance Program
Company Implements Enhancements to Help Mortgage Servicers Modify Loans and Homeowners Avoid Foreclosure Under Home Affordable Modification Program -- Genworth Financial, Inc.,Terry Souers,Raleigh Nc 07/01/2009
→ Freddie Mac Relief Refinance Mortgage(SM) Now Available With Up to 125 Percent Loan-To-Value Ratios
Major Change Opens Door to Refinance Relief for More Borrowers in Hard Hit Markets -- Freddie Mac,Brad German,Mclean Va 07/01/2009
→ Fannie Mae Implementing New Loan-to-Value Ceiling for Home Affordable Refinance Program
Loans Eligible for Delivery September 1 -- Fannie Mae,Brian Faith,Washington Dc 07/01/2009
→ Former MBA Technology Vp Harry Gardner Joins Signiadocs As Chief Strategy Officer
eMortgage technologist to help leading eMortgage services provider increase national eMortgage adoption -- SigniaDocs,Tim Anderson,Houston Tx 07/01/2009
→ Simplifile To Accept Check Payments For E-recording Services Through The Myecheck Payment System
Simplifile, the leading provider of electronic recording services, today announced that it has signed an agreement with MyECheck, Inc. (OTCBB: MYEC), the leading provider of online check image services. The agreement will facilitate the integration of the MyECheck Remotely Created Check solution into the Simplifile e-recording service which will allow Simplifile customers to make payments for recording and submission fees using an online check imaging process. -- Simplifile, LC,Richard Jackman, Marketing Man,Provo Ut 07/01/2009
→ Mortgage Applications Decrease in Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending June 26, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 444.8, a decrease of 18.9 percent on a seasonally adjusted basis from 548.2 one week earlier. On an unadjusted basis, the Index decreased 18.5 percent compared with the previous week and decreased 7.4 percent compared with the same week one year earlier. -- Mortgage Bankers Association,John Ferber, Commercial,Washington Dc 07/01/2009
→ Unlikely New Coalition Shines Spotlight on National Goal of Dramatically Upping Energy Efficiency of All New U.S. Homes, Commercial Buildings
Utility CEO, State Energy & Industry Assn Heads, Homebuilder, Efficiency Advocates Join in Urgent Call for Strong Building Energy Codes in All States -- Alliance to Save Energy,Ronnie J Kweller,Washington Dc 06/30/2009