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November 2006 - Volume 9, Issue 9 |
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DMBA Election Results
All ballots have been cast and counted, and the results of our 2006 DMBA elections have been fi nalized. Leading our association next year will be: |
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President |
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Chris Gibbs, Union Savings Bank |
President-elect |
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Anna Osborne, National City Mortgage Company |
Treasurer |
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Scott Bernard, DS Real Estate Consulting, Inc. |
Secretary |
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Karen Vosler, Countrywide Home Loans, Inc. |
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| Board Members |
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Current Board Members |
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Bill Brogan, Legacy Mortgage
Holly Hutchison, Southern Ohio Mortgage
Jeff Mundy, Union Savings Bank
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New Board Members 2 yr term |
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Tim Hunt, GMAC Mortgage Corporation
Margie Lusk, Union Savings Bank
Anne Ross, Metropolitan Title Agency, Inc.
Ron Weaver, Midwest Title Company
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New Board Members 1 yr term |
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Kevin Carmody, First Mortgage Banc Corp. |
Past President |
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Denny Smart, Union Savings Bank |
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| Monte Carlo Winners |
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Following the announcement of DMBA election results on November 2, the Monte Carlo portion of our evening went into high gear with games of Black Jack and Texas Hold’em. At the end of the evening, Lady Luck smiled upon these three winners:
- $25 Winner - Vince Balas, Union Savings Bank
- $50 Winner - Milissa Elsass, Chase Home Finance
- $75 Winner - Sharon Zeljak, Automated Advantage LLC
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 Mortgage Applications Rise in Latest Survey
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(Excerpted from an MBA press release of 11/8/06)
The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 3. The Market Composite Index, a measure of mortgage loan application volume, was 620.9, an increase of 8.8 percent on a seasonally adjusted basis from 570.8 one week earlier. On an unadjusted basis, the Index increased 8 percent compared with the previous week and was down 5 percent compared with the same week one year earlier.
The seasonally-adjusted Refinance Index increased by 11 percent to 1897.9 from 1709.2 the previous week and the Purchase Index increased by 7.1 percent to 402.2 from 375.6 one week earlier. Other seasonally adjusted index activity includes the Conventional Index, which increased by 9.1 percent to 921.1 from 844.2 the previous week, and the Government Index, which increased 4.8 percent to 120.4 from 114.9 the previous week.
For full text of this press release, visit www.MortgageBankers.org |
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