Home » October 30th, 2008 Entries posted on “October, 2008”

CSBS Says Now is Not the Time for New Risk-Based Capital Framework

Conference of State Bank Supervisors
1155 Connecticut Avenue, NW, 5th Floor, Washington, DC 20036

CSBS Says Now is Not the Time for New Risk-Based Capital Framework

WASHINGTON, D.C. – In a comment letter submitted this week to federal banking agencies, the Conference of State Bank Supervisors said this is not the appropriate time to implement a new capital framework.

?The proposed Standardized Approach and the adopted Advanced Approach will fundamentally change the way capital adequacy is calculated at a time when most of our assumptions regarding quantifying risk and the impact of complex financial instruments are being challenged by global market events,? CSBS President and CEO Neil Milner said.

Milner noted that CSBS has consistently expressed concerns about adopting the Basel II capital framework in the United States. The arguments for its adoption have centered on international competitiveness and the need to more accurately quantify risk.

October 30th, 2008 | Posted in Uncategorized | Read More »

Issuu saves a struggling publishing industry through online innovation

Menlo Park, California, Oct 28, 2008: While the newspaper and publishing industry is struggling to survive in the digital age, Issuu.com, a new online publishing service, is booming with millions of visitors. The recipe? Innovative design and key learning from the Internet. Today the company is announcing ‘Issuu Pro’ and another $ 5M in funding.

A year ago, the young team behind Issuu set out to solve the problems in online publishing. Inspired by viable Internet successes such as YouTube and Skype, they wanted to make publishing something anyone could do online−for free. With innovative design and the latest technology, Issuu successfully empowered anyone to publish in an online format equivalent to the printed publication.

October 30th, 2008 | Posted in Uncategorized | Read More »

NetMore America Appoints Susan King New Regional Vice President Western Region To Further Expand Production Volume And Geographic Penetration

WALLA WALLA, WASHINGTON – (October 28, 2008), NetMore America, Inc. (?NetMore?), an expanding next generation mortgage banker, announced today the hiring of Susan King as Regional Vice President Western Region to help manage the Company?s growth and further expand NetMore?s production volume and geographic penetration throughout the Western United States. Ms. King brings to this new position more that 16 years of combined sales and management experience in both the mortgage industry as well as the title and escrow industries.

October 28th, 2008 | Posted in Uncategorized | Read More »

NAMB/WEST Coming to Las Vegas

McLean, Virginia, October 20, 2008 ? The National Association of Mortgage Brokers (NAMB) returns to Las Vegas, Nevada for the second annual NAMB/WEST regional conference on Saturday, November 15. NAMB/WEST is a four day conference for NAMB members and other mortgage industry professionals from around the country. The November 15-18 conference takes place at the MGM Grand Hotel & Casino on the vibrant Vegas Strip.
The Honorable Gary Miller (R-CA) is among the prominent speakers scheduled to address NAMB/WEST attendees. He will speak at the industry symposium luncheon on Saturday, November 15. Basketball legend Bill Walton will appear at the NAMBPAC reception on Monday, November 17. (The NAMBPAC event is open to NAMB members only.)

October 21st, 2008 | Posted in Uncategorized | Read More »

Lend America Launches Specialized H4H Outreach Program For Institutional Investors To Maximize Principal Recapture And Help Homeowners Avoid Foreclosure

First lien holders can quickly increase cash flow from mortgage investments in challenging environment

High touch consultative approach helps borrowers keep their homes on sustainable and affordable terms

Initiates formal H4H Certification Program for Company?s 300 mortgage specialist

MELVILLE, N.Y. ? (October 17, 2008) — Lend America, recently ranked as the 13th largest direct-to-consumer FHA lender in the nation, announced today it has launched a specialized Hope for Homeowners (H4H) Outreach Program to enable institutional investors, such as Wall Street banks and hedge funds, as well as other first lien holders to quickly recapture principal from their non-performing residential

October 17th, 2008 | Posted in Uncategorized | Read More »

Senior Lending Network Estimates 30% More Seniors to Qualify for or Benefit from Reverse Mortgages

Senior Lending Network Estimates 30% More Seniors to Qualify for or Benefit from Reverse Mortgages MELVILLE, N.Y., October 14, 2008 ? Senior Lending Network

October 14th, 2008 | Posted in Uncategorized | Read More »

The Niche Report has partnered with The Loan Post to create a more comprehensive lender directory

October 1st, 2008 – We are pleased to announce the teaming of The Niche Report, a print mortgage finance trade magazine, and The Loan Post, a robust lender search engine. Both companies strive to offer mortgage brokers and loan officers lending options in this very restrictive market. They have combined their capabilities using The Niche Report?s extensive circulation base and The Loan Post?s broad lender search engine (and database) to create the ultimate, most comprehensive wholesale lender directory in the industry. Some have referred to TNR as ?the Yellow Book? of the mortgage industry. Capitalizing on this concept, they have now tapped into a greater breadth of lenders by synergizing with The Loan Post.
Beyond the magazines useful content and editorial, mortgage brokers and loan officers will continue to pick-up TNR throughout the month as they reference this comprehensive directory in search of wholesale lenders still doing business. On the flip side, advertisers will benefit from the magazines longer ?shelf life? as readers find an inherent tool in The Niche Report.
The directory, which is located toward the rear of the magazine, is organized into six lending categories ?

October 11th, 2008 | Posted in Uncategorized | Read More »

Calyx Software Updates WebCaster Web Site Service

Latest version includes new design templates, enhancements to applications–

SAN JOSE, Calif., Oct. 13, 2008 ? Calyx Software

October 9th, 2008 | Posted in Uncategorized | Read More »

Senior Lending Network CEO, David Peskin, and Suffolk County Legislator Steve Stern Join Together to Celebrate National Aging in Place Week

MELVILLE, N.Y., September 25, 2008 ? Senior Lending Network

October 7th, 2008 | Posted in Uncategorized | Read More »

Reverse Mortgages Help Seniors Access Cash in Financial Crisis

MELVILLE, N.Y., October 7, 2008 ? Senior Lending Network

October 7th, 2008 | Posted in Uncategorized | Read More »

Recently Commented

  • NaomiTrower: I forgot to mention if you are not photo savvy, here is a great resource for designing your cover photo:...
  • NaomiTrower: Facebook seems to make changes as often as I change my shoes every day. :) A lot of people don’t...
  • Cindy Devine: I do not like the timeline setup on fb and do not want it on my page. It sounds like I wil not have a...
  • orange county short sale agent: I have been using adwords for about 2 weeks now with decent results. I have already...
  • Alpha mortgage: Intetested in more info
Web Statistics