MBA's 95th Annual Convention & Expo 2008 offers strategic options to business challenges and provides a venue where you can obtain usable solutions in an evolving industry. Nowhere else will you find the exceptional range of original content and fresh information for residential mortgage bankers-just when it is needed most.
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ICBEMM 2009 : International Conference on Business, Economics, Management and Marketing

Organized by: World Academy of Science, Engineering and Technology
Deadline for abstracts/proposals: Not available.

Please see http://www.jaabc.com
Organized by: JAABC
Deadline for abstracts/proposals: 6 February 2009

Check the event website for latest details.

Website: http://ibsindia.org/
Contact name: Dr. S. Vijayalakshmi

Organized by: IBS, Hyderabad
Deadline for abstracts/proposals: 15 September 2008

Don't miss the definitive conference that demonstrates the employee communicator's critical role in delivering profits, quality products and happy customers.

In this new web commercial from Freddie Mac, learn to spot a foreclosure scam and find out how to avoid becoming victim to home foreclosure fraud.

News that US investment bank Lehman Brothers will file for bankruptcy sent shockwaves through the markets yesterday, adding to the pressure on the cost of funds in the international money markets where Australian banks raise up 30 to 40 per cent of their funds. However, the takeover of Merrill Lynch by Bank of America for $50 billion to create the world's largest financial institution was welcomed as a "crisis averted".

Two new articles on Bob Vila's popular Web site, BobVila.com, offer advice during this tumultuous time. "The Mortgage Crisis: How It May Affect You" helps homeowners understand the current real estate market and the role it plays in their mortgages, and "How to Avoid Foreclosure" provides resources for assistance and steps to take if you are in danger of losing your home.

Mavent Inc., the leading provider of automated regulatory compliance solutions to the mortgage industry, today announced that StoneWater Mortgage Corp., a national mortgage banker, has implemented Mavent to ensure that only compliant loans are funded by the institution.

More KiwiSavers will be able to divert contributions towards repaying their mortgages under changes to the scheme, Finance Minister Michael Cullen announced today. Under the current scheme people can apply for mortgage diversion, allowing them to put half of their 4 percent contribution back into reducing their house debt.

A crisis on Wall Street is likely to put further pressure on the UK’s frozen mortgage market, which had been showing signs of a thaw in recent weeks. Over the weekend talks to rescue investment bank, Lehman Brothers, ended in disarray and the 158-year-old institution is today filing for bankruptcy protection. The bank is a major underwriter of mortgage-backed securities which are now worth only a fraction of their original value because they contain toxic debt.

Financial services, mortgage lenders and loan servicers can now efficiently process commercial, partial and residential mortgage releases
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The existing arrangements, under the Special Liquidity Scheme, involving up to £50 billion in bonds, were introduced in April of this year.

The Bank of England is today launching a scheme to allow banks to swap temporarily their high quality mortgage-backed and other securities for UK Treasury Bills.

With markets for many securities currently closed, banks have on their balance sheets an 'overhang' of these assets, which they cannot sell or pledge as security to raise funds.

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Bill Warren, the chief compliance officer of Empire Equity Group, Inc and its d/b/a, 1st Metropolitan Mortgage, was awarded the American Association of Residential Mortgage Regulators (AARMR) 2008 Distinguished Service Award. Warren was recognized for his service to the association and the industry, including teaching in the AARMR examiner school, licensing school and for serving as an AARMR affiliate member for more than 10 years and six years on its industry advisory council.

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Now that it has taken over Fannie Mae and Freddie Mac, the federal government owns or guarantees more than half of the nation's home mortgages - including mine.

To which I say: If Uncle Sam is going to start giving people breaks on their mortgages courtesy of the taxpayer, I'd like one, too. And so would a lot of other people.

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