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• Fresh & Easy, Walgreens, Carl`s Jr., Subway and Denny`s to Open at $30 Million The Shoppes at Calimesa in Northern Riverside County
Fresh & Easy, Walgreens (first major drug store to open in Calimesa), Carl`s Jr., Subway and Denny`s to open at The Shoppes at Calimesa in Calimesa, CA. Groundbreaking ceremony slated for Oct. 16 at noon. The $30 million 9.4-acre project, which is located on Calimesa Boulevard at Myrtlewood Drive, will be built in two phases. Phase one is slated to open in May 2009.
Monaghan Communications,Anne Monaghan,newport beach California 10/06/2008
• MBA's Courson: Negotiators Need to Regroup, Find Common Ground on Economic Stabilization Package
John A. Courson, Chief Operating Officer of the Mortgage Bankers Association (MBA) today issued the following statement following the House of Representatives' failure to approve HR 3997, the Emergency Economic Stabilization Act of 2008.
Mortgage Bankers Association of America,John Mechem,Washington District of Columbia 10/06/2008
• Lenders One National Alliance of Lenders picks Avista Solutions as first loan origination software partner
Alliance of 125 mortgage lenders levels the loan origination playing field for mid-tier companies
Avista Solutions,Rosalie Berg,Columbia South Carolina 10/03/2008
• Mortgage Applications Decrease In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 26, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 455.4, a decrease of 23.0 percent on a seasonally adjusted basis from 591.4 one week earlier. On an unadjusted basis, the Index decreased 23.4 percent compared with the previous week and was down 28.4 percent compared with the same week one year earlier.
Mortgage Bankers Association of America,John Ferber,Washington District of Columbia 10/03/2008
• MBA Applauds SEC and FASB for FAS 157 Clarification
The Mortgage Bankers Association (MBA) hailed yesterday's announcement by the Securities and Exchange Commission (SEC) and the Financial Accounting Standards Board (FASB) permitting the use of discounted cash flow fair value measurements under FAS 157 when no active market for a security exists.
Mortgage Bankers Association of America,John Ferber,Washington District of Columbia 10/03/2008
• MBA Hails Passage of Economic Stabilization Package, Tax Extenders
The Mortgage Bankers Association (MBA) today applauded the House of Representatives' passage of H.R. 1424, the Emergency Economic Stabilization Act of 2008. The bill, which establishes a program at the Treasury Department to purchase distressed mortgage-related assets, also includes the extension of several tax provisions that will help steady the American economy.
Mortgage Bankers Association of America,John Ferber,Washington District of Columbia 10/03/2008
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