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  •   MBA Hires Douglas Moritz to be Associate Vice President of Multifamily
John A. Courson, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Douglas Moritz as Associate Vice President of Multifamily.
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  02/08/2010

  •   Mortgage Applications Increase in Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 29, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased of 21.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 23.5 percent compared with the previous week.
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  02/08/2010

  •   Chase Denied Loan Mods for Now Forbidden Reason—Homeowners in Limbo
On the Saturday before Thanksgiving, Lesa Herron of Santa Rosa, Calif., opened a letter from Chase Home Finance [1] (PDF). She’d been denied a permanent modification under the federal government’s loan-mod program, Chase said, because “Your hardship is not of a permanent nature.”
Eye on the Bailout,Mike Webb,   02/08/2010

  •   Credit News From Premier By Louis S. Barnes February 5, 2010
The potential collapse of the euro currency, sinking stocks, and a dead job market here have combined to push long-term rates down. 10-year Treasurys are trading at 3.57% despite a huge new borrowing next week, and mortgages are 5.00% flat.
Premier Mortgage Group, Inc,Lou Barnes,Boulder Co  02/08/2010

  •   $10.9 Million HUD Lean Loan Funds Purchase of Manor Court of Peoria in Illinois, Cambridge Realty Capital Reports
Cambridge Realty Capital Companies has closed a $10.9 million FHA-insured HUD Lean mortgage loan to fund the purchase of Manor Court of Peoria, a 118-bed combination skilled nursing and assisted living property located in Peoria, IL.
Cambridge Realty Capital Ltd,Debbie Glienke,Chicago Illinois  02/08/2010

  •   Workouts Take Center Stage Amid Historic Real Estate Collapse
-LeClairRyan attorney Jeffrey Marley Zalkin highlights bankruptcy-related strategies in seminar for negotiators and risk managers of real estate loans
LeClairRyan,Marty Gitlin,New York   02/08/2010