Interest Rate Markets November 15, 2009

→   HI Urban Retail Advisors Sells Street-Front Retail at Mixed-use Condo Bldg. in Downtown San Pedro
The project, referred to as the Centre Street Lofts, is located at 285 W. 6th Street in San Pedro. Positioned within downtown San Pedro along Centre Street between 6th Street and 7th Street, the five-story building was built in 2007 and features underground parking to serve both commercial and residential uses. Nearly all of the 116 residential condominiums have been successfully sold. The ground-floor retail portion of the project was 18 percent occupied at the time of sale allowing the buyer, International Longshore & Warehouse Union Local 13, to acquire the project in order to occupy the building as their corporate headquarters. -- HI Urban Retail Advisors,Anne Monaghan,SAN PEDRO CA  11/14/2009



→   MBA Comments on FHA`s Financial Outlook
John A. Courson, President and CEO of the Mortgage Bankers Association (MBA) today issued the following statement in response to the Federal Housing Administration's (FHA) announcement of its fiscal health and financial outlook. -- CampusMBA,Aleis Stokes,Washington District of Columbia  11/13/2009



→   ICBA Statement on FDICThree-Year Prepaid Assessment
R. Michael Menzies, chairman ofthe Independent Community Bankers of America (ICBA) and president and CEO of Easton Bank and Trust Co., Easton, Md., today released this statement following the FDIC’s announcement that it will require a three-year prepaid assessment for FDIC-insured institutions in order to help recapitalize the Deposit Insurance Fund (DIF). -- The Independent Community Bankers of America,Bill Grassano,Washington DC  11/13/2009



→   Mortgage Refinance Applications Increase, Purchase Applications at Nine Year Low in Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 6, 2009. The Market Composite Index, a measure of mortgage loan application volume, increased 3.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 2.8 percent compared with the previous week. -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  11/13/2009



→   New Overdraft Regulation Burdensome for Community Banks and Their Customers
ICBA urges Congress to abandon legislative efforts in light of new, strict rules -- The Independent Community Bankers of America,Bill Grassano,Washington DC  11/13/2009



→   Credit News Fro Premier By Louis S. Barnes November 13, 2009
Long-term rates are behaving very well, despite all the inflation and dollar grumbling in the background (been wrong, still wrong). Low-fee mortgages are very close to crossing into the high fours. -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co  11/13/2009



→   MBA Applauds HUD Announcement of `Restraint` on RESPA Enforcement
John A. Courson, President and CEO of the Mortgage Bankers Association (MBA) today issued the following comment in response to an announcement by the U.S. Department of Housing and Urban Development(HUD) that it would exercise restraint in enforcing the new regulatory requirements under the RESPA rule for the first four months of 2010. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia  11/13/2009



→   Attempts to Push Transparency for Mortgage Mods Falls Short
Paul Kiel reports that even though the Treasury Department issued guidelines requiring mortgage servicers to give homeowners details about why they’ve been denied, the disclosures will only be partial. Kiel notes the key problem is that the formula which determines whether a person gets a modification (the “net present value” test or NPV) remains a secret. “The lack of transparency means the process is likely to remain an often bewildering one for homeowners,” writes Kiel. -- Propublica,Mike Webb,New York Ny  11/13/2009



→   Freddie Mac Issues 2010 Funding Calendars
Freddie Mac (NYSE:FRE) today issued its 2010 funding calendars, which provide optional announcement dates for Reference Notes® securities and announcement and auction dates for Reference Bills® securities. The 2010 funding calendars are available on the Debt Securities page of the company's Web site at www.FreddieMac.com. -- Freddie Mac,Michael Cosgrove,Mclean Va.  11/13/2009



→   /c O R R E C T I O N -- Genworth Financial, Inc./
In the news release, Genworth Financial (NYSE: GNW) Discloses Benefit From Tax Legislative Changes, issued Nov. 12, 2009 by Genworth Financial, Inc. over PR Newswire, we are advised by the company that the first paragraph, fourth sentence, should read "On a statutory basis, a significant portion of this recovery will benefit the U.S. Mortgage Insurance business, and is expected to decrease the regulatory Risk To Capital ratio by 0.5 to 1.0 points by year end 2009." rather than " ... to increase the regulatory Risk To Capital ratio," as originally issued inadvertently. The complete, corrected release follows: -- Genworth Financial, Inc.,Lisa Turner,Richmond Va.  11/13/2009



→   Genworth Financial Discloses Benefit From Tax Legislative Changes
Genworth Financial, Inc. (NYSE:GNW) today disclosed that, based on recently enacted legislation, it expects to recover approximately $85 million in Federal income tax refunds, considering results through the third quarter of 2009. The exact amount of the recovery will be determined by results for the remainder of this year, with any statutory tax benefit being recorded in the fourth quarter of 2009. This legislation expands the carryback period for certain net operating losses to five years from two years. On a statutory basis, a significant portion of this recovery will benefit the U.S. Mortgage Insurance business, and is expected to increase the regulatory Risk To Capital ratio by 0.5 to 1.0 points by year end 2009. -- Genworth Financial, Inc.,Lisa Turner,Richmond Va.  11/13/2009



→   Freddie Mac Statement On 2010 Loan Limits
Freddie Mac's (NYSE:FRE) conforming loan purchase limits for 2010 are unchanged from those in effect for 2009 for all areas of the United States, according to the Federal Housing Finance Agency (FHFA). The loan limits set the maximum original loan amounts allowed on single-family conventional mortgages Freddie Mac can purchase except in high cost areas. The loan limits for first mortgages are: -- Freddie Mac,Brad German,Mclean Va.  11/13/2009



→   Bankrate: Lowest Mortgage Rates Since April
The average conforming 30-year fixed mortgage rate fell to 5.35 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.38 discount and origination points. -- Bankrate.com,Kayleen Yates,New York   11/12/2009



→   Aegon Returns To Profit In Q3 2009
- Net income improved to EUR 145 million -- AEGON N.V.,Greg Tucker,The Hague The Netherlands  11/12/2009



→   Wallick & Volk Expands Branch In Glendale, Arizona
"We're strong...We're Growing... and we have money to lend!" The current market environment has given us the opportunity to grow our business in locations that are showing signs of stabilization and sustainable growth. With our sights set on healthy and improving markets, we are expanding our branch office in Glendale, AZ under the guidance of Don Hagan. Joining Don in the new Glendale office are Jill Hoogendyk, Ed Knowles, Sherry Olsen and Ray Lechuga. Ted Theiste has also joined the Wallick & Volk Team in Glendale, Arizona as the Sales Manager. We are excited to have all of them; they will enhance our stature in the industry with their professionalism and market knowledge. -- Wallick & Volk,Dave Heuermann,Cheyenne Wyo.  11/11/2009



→   Wallick & Volk Adds Originators To Office In Casper, Wy
Wallick & Volk Mortgage Bankers..."We're strong...We're Growing... and we have money to lend!" The current market environment has given us the opportunity to grow our business in locations that are showing signs of stabilization and sustainable growth. We are very excited to announce the addition of two loan originators to our Casper, WY Branch Office. Joining our team of professionals in Casper are Licia Henderson and Shane Spurling. We are excited to have them; they will enhance our stature in the industry with their professionalism and market knowledge. -- Wallick & Volk,Dave Heuermann,Cheyenne Wyo.  11/11/2009



→   Wallick & Volk Expands Presence In California
... "We're strong ... We're Growing ... and we have money to lend!" The current market environment has given us the opportunity to grow our business in locations that are showing signs of stabilization and sustainable growth. Southern CA is showing serious signs of market stabilization and we're poised to take advantage of the improving mortgage market conditions there. In doing so, we are excited to open a satellite office in Corona, CA under the guidance of Jose Llerandi. We are excited to have him join our team of professionals; he will enhance our stature in the industry with his professionalism and market knowledge. -- Wallick & Volk,Dave Heuermann,Cheyenne Wyo.  11/11/2009



→   The First American Corporation Successfully Completes Exchange Offer For Publicly Held Shares Of First Advantage Corporation
The First American Corporation (NYSE:FAF) , America's largest provider of business information, today announced the expiration of the initial offering period for its offer to exchange all publicly held shares of the common stock of its subsidiary, First Advantage Corporation (NASDAQ:FADV) , and that all of the conditions to the exchange offer have been satisfied. First American also announced the commencement of a subsequent offering period for the exchange offer that will expire at 5 p.m. Eastern time on Nov. 17, 2009, unless extended. -- First American Family of Companies,Carrie Gaska,Santa Ana Calif.  11/11/2009



→   Bankrate Releases 2009 Gift Card Study
New Bankrate.com Research Reveals Fees and Trends for 2009's Gift Card Season -- Bankrate.com,Chris Spagnuolo,New York   11/11/2009



→   Affordable Prices Draw Investors To Real Estate
Nearly Half of Foreclosure Buyers Seek Investment Property -- Buyers` Resource-San Fernando Valley, CA-Paramount,Julie Reynolds,Los Angeles   11/11/2009



→   Suntrust Selected For New Markets Tax Credit Allocation
SunTrust Banks, Inc. (NYSE: STI) has been selected by the U. S. Treasury Department's Community Development Financial Institutions Fund to receive $70 million in tax credit allocation authority in the 2009 round of the New Markets Tax Credit (NMTC) Program. The company's subsidiary, SunTrust Community Development Enterprises, LLC, was one of more than 90 recipients receiving awards totaling $5 billion. This latest allocation to SunTrust is in addition to $225 million in previous rounds of which SunTrust has deployed $130.9 million. This is the fourth year SunTrust has been selected as a recipient. -- SunTrust Bank,Hugh Suhr,Atlanta   11/11/2009



→   Florida`s Existing Home, Condo Sales Rise In 3q 2009
Sales of existing single-family homes in Florida rose 33 percent in third quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 44,345 existing homes sold statewide in 3Q 2009; during the same period the year before, a total of 33,311 existing homes sold. It marks the fifth consecutive quarter that Florida has seen higher existing year-to-year home sales, according to the state association. -- Florida Realtors,Marla Martin,Orlando Fla.  11/11/2009



→   To All Persons And Entities Who Purchased Or Otherwise Acquired Shares Of American Home Mortgage Investment Corp. (`american Home`) Common And/or Preferred Stock During The Period From July 19, 2005 Through And Including August 6, 2007 And Who Were Damage
Bernstein Litowitz Berger & Grossmann LLP and Berman DeValerio are issuing the following statement regarding the American Home Mortgage Action: -- Bernstein Litowitz Berger & Grossmann LLP,Steven B. Singer,New York   11/11/2009



→   Fidelity National Financial, Inc. Announces $7.5 Million Investment In Ecosphere Energy Services, Llc
Fidelity National Financial, Inc. (NYSE:FNF) , a leading provider of title insurance, mortgage services, specialty insurance, claims management services and information services, today announced an investment in Ecosphere Energy Services, LLC ("EES"). After the $7.5 million investment, FNF will own 19% of EES. EES is a majority-owned subsidiary of Ecosphere Technologies Inc. (OTC Bulletin Board: ESPH). -- Fidelity National Financial, Inc.,Daniel Kennedy Murphy,Jacksonville Fla.  11/11/2009



→   Thirty-year Fixed Mortgage Rates Stable At Near-record Lows
National Rate Falls Significantly Monday, According to Zillow(R) Mortgage Rate Monitor -- Zillow,Katie Curnutte,Seattle   11/10/2009



→   U.S. HOUSE PRICES SLIP SLIGHTLY IN SEPTEMBER
IAS Data Indicate Increased Activity In Declining Neighborhoods -- Integrated Asset Services, LLC,Robyn,Denver Co  11/10/2009



→   Netmore America Reduces Fees To Help Drive Broker Participation With The National Association Of Mortgage Brokers Membership
NetMore America, Inc. (“NetMore”), an expanding next generation mortgage banker, announced today that in an effort to support the National Association of Mortgage Brokers (NAMB) and mortgage brokers it is offering reduced fess for mortgage brokers who are currently members of NAMB and will extend the offer to any mortgage broker that joins over the next 30 days. -- NetMore America, Inc. (NetMore),Info,Walla Walla WA  11/10/2009



→   More Homebuyers Qualify For Tax Credit
Congress just passed an expanded version of the $8,000 first time home buyer tax credit that was set to expire on November 30. “The new version of the tax credit has the potential to stimulate the housing market even more than the old version due to the fact that more people will qualify under the new rules,” said Gibran Nicholas, Chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers. -- CMPS Institute,Josephine Nicholas,Ann Arbor MI  11/10/2009



→   Credit News From Premier By Louis S. Barnes November 6, 2009
Today is a strange day in a strange time. -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co  11/10/2009



→   ICBA Thanks Federal Reserve for Providing Reg Z Relief
Balloon Payment Loans Maturing in Less Than Seven Years Not Prohibited -- The Independent Community Bankers of America,Aleis Stokes,Washington DC  11/10/2009



→   MBA Study: Commercial and Multifamily Mortgage Originations Remained Low in Third Quarter 2009
Commercial and multifamily mortgage loan originations for the third quarter of 2009 were 12 percent lower than during the second quarter of 2009, and 54 percent lower than during the same period last year, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. -- CampusMBA,Melissa Key,Washington District of Columbia  11/10/2009



→   MBA Applauds Passage of Homebuyer Tax Credit
Robert E. Story, Jr., CMB, Chairman of the Mortgage Bankers Association (MBA), today issued the following statement in response to the passage in the U.S. Congress of legislation to extend and expand the homebuyer tax credit. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia  11/10/2009



→   MBA Statement on Chairman Dodd`s Regulatory Reform Draft
John A. Courson, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement in response to Senate Banking Committee Chairman Christopher Dodd's draft regulatory reform legislation. -- Mortgage Bankers Association of America,John Mechem,Washington District of Columbia  11/10/2009



→   ICBA Thanks House Financial Services Committee for Exempting Small, Publicly Traded Community Banks From SOX 404
The Independent Community Bankers of America (ICBA) today praised the House Financial Services Committee on the passage of an amendment, sponsored by Reps. Scott Garrett (R-N.J.) and John Adler (D-N.J.), to the Investor Protection Act (H.R. 3817) that would exempt small, publicly traded companies with a market cap below $75 million from reporting requirements under Sarbanes-Oxley Act Section 404(b). Since the inception of Sarbanes-Oxley, ICBA has urged lawmakers and regulators to exempt community banks from the measure. -- The Independent Community Bankers of America,Bill Grassano,Washington DC  11/10/2009



→   ICBA Thanks Congress for Passing Top ICBA Tax Priorities ; NOL Relief and Homebuyer Tax Credit Will Boost Economy
The Independent Community Bankers of America (ICBA) today praised Senate lawmakers for backing top ICBA tax priorities including the five-year Net Operating Loss (NOL) relief measure and the expanded homebuyer tax credit as part of H.R. 3548, the Worker, Homeownership and Business Act of 2009. ICBA calls on Congress to quickly pass this legislation and send it to President Obama to sign into law. -- The Independent Community Bankers of America,Bill Grassano,Washington DC  11/10/2009



→   ICBA Expresses Serious Concerns with Single Regulator and CFPA Provisions in Senate Financial Reform Package
The Independent Community Bankers of America (ICBA) today issued this statement following the release of draft financial reform legislation by Senate Banking Committee Chairman Chris Dodd (D-Conn.). -- The Independent Community Bankers of America,Bill Grassano,Washington DC  11/10/2009



→   Brookdale Announces Pricing Of Secondary Offering By Selling Stockholders
Brookdale Senior Living Inc. (NYSE:BKD) (the "Company") announced today the pricing of the sale of an aggregate of 16,550,000 shares of its common stock by certain funds managed by affiliates of Fortress Investment Group LLC, an increase of 5,550,000 shares from the 11,000,000 shares previously announced. The offering was priced at $16 per share. Approximately $257 million of net proceeds from the sale of the common stock will be received by the selling stockholders. The Company will not receive any of the proceeds from the offering. In connection with the offering, the selling stockholders have granted the underwriter a 30-day option to purchase up to an aggregate of 1,655,000 additional shares of common stock. -- Brookdale Senior Living Inc.,Ross Roadman,Nashville Tenn.  11/10/2009



→   Citizens Republic Bancorp Withdraws Its Cap Application
Citizens Republic Bancorp, Inc. (NASDAQ:CRBC) announced today that it has withdrawn its application to the U.S. Treasury for an additional investment of up to $190 million under its Capital Assistance Program (CAP). In June 2009, Citizens announced that a CAP investment was one of the capital raising strategies it was considering and it applied for CAP to ensure that it met the November 9, 2009 program deadline. Due to the lack of activity surrounding CAP, the differing public views regarding government assistance programs, and the success of its recent debt exchange offers, Citizens has decided to withdraw its application. -- Citizens Republic Bancorp, Inc.,Charles D. Christy,Flint Mich.  11/10/2009



→   Capitol Federal Financial Reports Fiscal Year 2009 Results
Capitol Federal Financial (NASDAQ:CFFN) (the "Company") announced results today for the fiscal year ended September 30, 2009. Detailed results will be available in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2009, which will be filed with the Securities and Exchange Commission on or about November 30, 2009 and posted on our website, http://ir.capfed.com/sec.cfm. -- Capitol Federal Savings,Jim Wempe,Topeka Kan.  11/10/2009



→   Federal Home Loan Bank Of Atlanta Boosts Housing Market With Disbursement Of More Than $9.4 Million In First-time Homebuyer Funding
Funds spur home purchases in a range of locations; help buyers establish solid equity base -- Federal Home Loan Bank of Atlanta,Sharon Cook,Atlanta   11/10/2009



→   Mortgage Layoffs Outpace Hirings According To Mortgagedaily.com Q3 Report
Growth in mortgage servicing jobs was not enough to keep headcount in the mortgage sector from falling, according to the MortgageDaily.com Third Quarter Mortgage Employment Analysis. But the rate of contraction has slowed considerably from the ugly pace set two years ago. -- MortgageDaily.com,Sam Garcia,Dallas   11/09/2009



→   Brookdale Announces Secondary Offering By Selling Stockholders
Brookdale Senior Living Inc. (NYSE:BKD) (the "Company") announced today that certain funds managed by affiliates of Fortress Investment Group LLC (the "Fortress stockholders") intend to offer in an underwritten offering 11,000,000 shares of the Company's common stock. The Fortress stockholders are also expected to grant the underwriter a 30-day option to purchase up to 1,100,000 additional common shares. -- Brookdale Senior Living Inc.,Ross Roadman,Nashville Tenn.  11/09/2009



→   Survey Respondents Cite Opportunity For Commercial Real Estate Investors To Buy At Cyclical Lows In 2010, According To Emerging Trends In Real Estate(r) 2010 Forecast From Pricewaterhousecoopers And The Urban Land Institute
Focusing on Premium Assets in Top Performing Markets will be Key to Investor Success -- PricewaterhouseCoopers,Laura Schooler,San Francisco   11/06/2009



→   Encore For Aria
New owner offers opportunities to purchase the condominiums, many at 30% lower than original 2008 prices -- GoldOller Associates,Tina Breslo,Philadelphia   11/06/2009



→   Redding Bank Of Commerce(tm) Announces New Bank Director
Patrick J. Moty, President & CEO of Bank of Commerce Holdings (NASDAQ:BOCH) , a $814 million financial services holding company, and parent company of Redding Bank of Commerce(TM), Roseville Bank of Commerce(TM) and Bank of Commerce Mortgage(TM) today announced the addition of Joseph Gibson to director of Redding Bank of Commerce(TM). -- Bank of Commerce Holdings,Samuel D. Jimenez,Redding Calif.  11/06/2009



→   The Huntington National Bank Announces Results To Date Of Its Offer To Purchase For Cash Subordinated Bank Notes With Aggregate Principal Amount Up To $400 Million
Huntington Bancshares Incorporated (NASDAQ:HBAN) www.huntington.com. The Huntington National Bank ("Huntington") announced the results to date of its offer to purchase subordinated bank notes having an aggregate principal amount up to $400,000,000 (the "Tender Offer"). As of 5:00 p.m., New York City time, on November 4, 2009, Huntington had received tenders of subordinated bank notes having an aggregate principal amount of $369,828,000 as set forth in the table below: -- Huntington Bancshares,Jay Gould,Columbus Ohio  11/06/2009



→   Bankrate: Mortgage Rates Hold Steady
The average conforming 30-year fixed mortgage rate was unchanged at 5.35 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.31 discount and origination points. -- Bankrate.com,Kayleen Yates,New York   11/06/2009



→   Freddie Mac Prices $1 Billion Reopening Of 1.125% Two-year Reference Notes(r) Security
Freddie Mac (NYSE:FRE) announced today that it auctioned a $1 billion reopening of its 1.125% two-year USD Reference Notes® security that matures on December 15, 2011. The stop yield for the issue, CUSIP 3137EACF4, was 1.179%, priced at 99.886974, or approximately 24.5 basis points more than two-year U.S. Treasury Notes. The bid-to-cover ratio was 4.01 to 1. -- Freddie Mac,Michael Cosgrove,Mclean Va.  11/05/2009



→   Citizens Republic Bancorp Extends Participation In Fdic Transaction Account Guarantee Program
Citizens Republic Bancorp, Inc. (NASDAQ:CRBC) today announced that it will continue its participation in the Federal Deposit Insurance Corporation's (FDIC) voluntary Transaction Account Guarantee Program (TAGP) under the Temporary Liquidity Guarantee Program through June 30, 2010. -- Citizens Republic Bancorp, Inc.,Charles D. Christy,Flint Mich.  11/05/2009



→   Freddie Mac Announces $1 Billion Reopening Of 1.125% Two-year Reference Notes(r) Security
Freddie Mac (NYSE:FRE) announced today that it plans to launch a $1 billion reopening of its 1.125% two-year USD Reference Notes® security that matures on December 15, 2011. The issue will price today, Wednesday, November 4, 2009, and will settle Thursday, November 5, 2009. -- Freddie Mac,Michael Cosgrove,Mclean Va.  11/05/2009



→   Digital Realty Trust Acquires Two Fully Leased Datacenter Facilities In Silicon Valley
Acquisition expands Company's footprint by 185,000 square feet in top tier datacenter market -- Digital Realty Trust, Inc.,A. William Stein,San Francisco   11/04/2009



→   Thirty-year Fixed Mortgage Rates Stay Relatively Steady; Most State Rates Remain Below 5.00%
National Rate Falls Significantly Monday, According to Zillow(R) Mortgage Rate Monitor -- Zillow,Katie Curnutte,Seattle   11/04/2009



→   Credit News From Premier By Louis S. Barnes October 30, 2009
Credit markets shrugged off news of 3.5% GDP growth in Q3'09, and the 10-year T-note has repeatedly held tests of 3.50% (3.41% now), mortgages 5.125% or better. -- Premier Mortgage Group, Inc,Lou Barnes,Boulder Co  11/04/2009



→   MBA Study Shows Continued Production Profits For Independent Mortgage Bankers and Subsidiaries
Independent mortgage bankers and subsidiaries made an average profit of $1,358 on each loan they originated in the second quarter of 2009, according to the Mortgage Bankers Association (MBA). This profit marks an increase from the first quarter of 2009 when profits averaged $1,088 per loan, according to the MBA's most recent Quarterly Mortgage Bankers Performance Report. This report measures the performance of independent mortgage bankers and subsidiaries of banks, thrifts and hedge funds. -- Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  11/04/2009



→   Mortgage Refinance Applications Increase in Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 30, 2009. The Market Composite Index, a measure of mortgage loan application volume, increased 8.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 7.9 percent compared with the previous week. -- Mortgage Bankers Association of America,Carolyn Kemp,Washington District of Columbia  11/04/2009



→   Sterling Bancshares Takes Actions To Reduce Nonperforming Loans And Increase Allowance For Credit Losses
- Proposed loan sales totaling approximately $51 million (including $42 million in nonperforming loans) - Accounting standard on subsequent events requires losses associated with proposed loan sales to be recorded in the third quarter of 2009 - Management revised certain accounting estimates used in determining the adequacy of the allowance for loan losses to better reflect current conditions - Allowance for credit losses built to 2.18% of total loans in the third quarter of 2009 - Nonperforming loans decreased to 2.83% of total loans in the third quarter of 2009 -- Sterling Bancshares, Inc.,J. Downey Bridgwater,Houston   11/03/2009



→   Community Bank Of Manatee Gains Regulatory Approval To Receive $15,000,000 In New Capital
One Of The Area's Oldest Community Banks, Now Stronger Than Ever, Offers First-Rate Products to New and Existing Customers -- Community Bank of Manatee,William H. Sedgeman Jr.,Bradenton Fla.  11/03/2009



→   Bullmarket.com Updates Outlooks On Mortgage Reits
BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with updated coverage on mortgage REITs, including Annaly Capital Management (NYSE: NLY) , American Capital Agency (NASDAQ:AGNC) , Capstead Mortgage (NYSE:CMO) , Hatteras Financial (NYSE:HTS) , and Anworth Mortgage (NYSE:ANH) . -- Indie Research Advisors, LLC,Marcie Martin,Princeton N.j.  11/03/2009



→   Florida Law Firm Expands Services For Businesses And Individuals Needing Mortgage And Bankruptcy Assistance
Yesner & Boss, a leading Central Florida law firm in the areas of mortgage assistance, bankruptcy and asset protection, has added two attorneys to expand services to clients caught up in the nation's complex mortgage markets. This will be especially important as the economic tidal wave that swamped residential real estate sweeps toward the commercial market. -- Yesner & Boss,Jean Heller,St Petersburg Fla.  11/03/2009



→   Financial Teamwork Scores High Among Nfl Athletes
In today's economy, even NFL players making millions are taking a closer look at their finances. With high earnings, signing bonuses and endorsements, dozens of athletes have turned to Piascik & Associates, a CPA firm experienced in helping athletes minimize the sting of taxes. -- Piascik & Associates,Windy Campbell,Richmond Va.  11/03/2009



→   Free Mortgage Lead Promotion from the Lead Planet
National Sales Manager, Scott Deal said, "Free lead incentives help mortgage companies try out a new lead source." Deal continued, "When buying mortgage leads online avoid buying leads from a leads broker because you never know where the leads were generated and how many times they may have already been sold." Deal recommends verifying that you are dealing with the direct lead source with a company like Lead Planet. -- Mortgage Lead Planet Company,Lead Planet,San Diego California  11/03/2009



→   Department Of Treasury Awards M&i Bank $40 Million New Markets Tax Credit Allocation
M&I Bank (M&I) announced today that it received a $40 million allocation of New Markets Tax Credit (NMTC) authority in the latest round of awards from the Department of Treasury. -- Marshall & Ilsley Corporation,Sara Schmitz,Milwaukee   11/02/2009



→   /c O R R E C T I O N -- Fidelity D & D Bancorp, Inc./
In the news release, Fidelity D & D Bancorp, Inc. Third Quarter 2009 Financial Results, issued 29-Oct-2009 by Fidelity D & D Bancorp, Inc. over PR Newswire, we are advised by the company that in the Selected Financial Ratios and Other Data table, under Other data, Book value per share, column Dec. 31, 2008, the number should read "$23.73" rather than "$2,008.00," as originally issued inadvertently. The complete, corrected release follows: -- Fidelity D & D Bancorp, Inc.,Patrick J. Dempsey,Dunmore Pa.  10/31/2009