Sustainable Land Development Today - November/December 2007 - (Page 48) Industry News of their water bodies. Recreational property owners, lake associations, golf courses, marinas, developers, governmental organizations, and fishing clubs are some of the customers who utilize lake mapping services. MBA’s 2007 Cost Study is based on 2006 data and is the twenty ninth in an annual series of reports on the income and expenses associated with the origination and servicing of one- to fourunit residential mortgage loans by mortgage banking companies. The study is based on a sample of 189 mortgage banking companies who originate and service loans, and originated an estimated 54 percent of total residential volume in 2006 and serviced an estimated 48 percent of home mortgage debt outstanding. The data for this report was primarily derived from the Mortgage Bankers Financial Reporting Form (or “WebMB”), a multi-agency reporting form administered by MBA, Fannie Mae, Freddie Mac and Ginnie Mae. SLDT developer of The Gulch and remains a partner of Nashville Urban Venture, the designated master developer of The Gulch, a $400 million urban redevelopment project. I Johnny Foster owner of Foster Lake & Pond Management, Inc. announced that his firm has been selected by Cabela’s, the World’s Foremost Outfitter, as the exclusive Lake Mapping Partner of Cabela’s Trophy Properties in Central and Western North Carolina. Cabela’s Lake Mapping Partners help pond and lake owners understand and maximize their aquatic resources by providing detailed contour, depth, and 3D maps TRENDS MBA Study Shows Mortgage Industry Production Profits Fell in 2006 WASHINGTON, DC (October 10, 2007) - Mortgage banking production profits fell to negative $50 per loan in 2006 from positive $258 per loan in 2005, according to the Mortgage Bankers Association’s (MBA) annual cost study. While production revenues increased on a per-loan basis, this increase did not keep pace with the increase in production operating expenses which grew by 17 percent to $3,416 per loan in 2006. Introducing the Bio-Skirt™ Bacteria and Oil Control for Stormwater Inlets Easy or trofit f re 30,000in Ts + SNOU e! servic The SNOUT® is a field-proven name you know and trust. BMP’s Bio-Skirt is the product you need to reduce harmful bacteria and trap oils in stormwater inlets. Best Management Products, Inc. Call us at 800.504.8008 or Learn more at bmpinc.com Circle 144 • or www.SLDTonline.com/adinfo 48 November/December 2007 Sustainable Land Development Today http://bmpinc.com http://bmpinc.com http://www.SLDTonline.com/adinfo
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