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Reports that San Francisco Public Utilities Commission in California, is seeking underwriters for its debt issuance program. Deadline for interested firms; Contact information available; What can be done to cut cost by the agency; Expectations of the winning underwriter.

Focuses on the Requests for Proposals offered by the San Francisco Public Utilities Commission (PUC), in California, for a letter of credit provider and a paying agent, to help with its commercial paper program. Amount of money the PUC expects to issue for the city's water utility during the program; Scheduled date at which firms interested in the PUC's offer, must respond; Information on the PUC.

Reports on the downgrading of corporate bond ratings to junk status of the California-based utility companies, Pacific Gas and Electric Co. and Southern California Edison Co. Rate reduction for commercial paper pools; Asset-backed financing transactions.

The article highlights discussions on electronic mortgage technology at the Mortgage Bankers Association technology conference in San Diego, California, with other sessions devoted to loan document automation and enterprise content management. Tower Group's Craig Focardi showed the security of electronic delivery of closing documents, ready for printing out and wet signature, compared to the 24 hours it takes through loan origination systems extraction, printing and courier delivery to the closing agent.

The article reports on the use of involuntary lien search service offered by Data Tree LLC in Santa Ana, California. They launched the new service to their online search product to allow users to view the list of lien data and recorded document images against the property and its owner. The scheme aims to provide the clients with a comprehensive solution in enhancing productivity .

Reports the decrease in stranded cost issuance for the electric sector in California. Completion of the Western Massachusetts Electric securitization; Contribution of rate reduction bond holders; Concern of PSE&G in the deregulation of the energy industry.

The article focuses on the research paper issued by the Federal Reserve Bank of San Francisco in California. John Krainer, author of the paper reveals that the share of the Federal Housing Administration (FHA) on insured loans is equal to the share of subprime mortgage loans originated at the height of the mortgage boom. Moreover, the paper indicates that the share of borrowers with FICO credit scores has returned to the same share when subprime securitizations have peaked in 2006.

The article reports on the move of financial services provider CUNA Mutual Group to form a partnership with technology firm K/P Corp. and strategic consulting firm Raine Media to redesign its document imaging supply chain through a new Web portal in San Ramon, California. The Web portal is the additional feature of the system that will offer just-in-time, print-on-demand and variable printing solutions. Moreover, customer will be able to order marketing and product support for direct shipping.

Reports on the San Francisco Public Utilities Commission which is looking for a financial adviser and interested firms can get a copy of the Request for Proposals from the Public Utilities commission. Responsibilities of the financial adviser; Deadline date for requests; Comments from Steven Carmichael, the agency's assistance general manager of finance.

The article reports on the launching of KKR Financial Corp.'s asset-backed commercial paper program called KKR Atlantic Funding in San Francisco, California. It provides information on the maximum amount of secured liquidity notes that KKR would issue through the program. The company is anticipating an execution of more profitable trade through an increased interest rates.

The article reports on the hesitation of large institutional investors to participate in the non-agency residential mortgage-backed security (RMBS) market until they get a reassurance that their first-lien holdings remain prioritized in the capital structure in the U.S. According to Curtis Ishii of the California Public Employees' Retirement System (CalPERS), they are going to consider MBS as second liens until a clarification is made on the issue. Views from industry executives are presented.

The article reports on the more than 1.6 million Californians, as of February 20, 2015, who have decided to buy health insurance plan.

The article reports on papers filed by four city mayors in California with the state's Attorney General's office as a step toward qualifying an amendment to the Pension Reform Act of 2014 for the November 2014 ballot. The measure's sponsors include San Jose Mayor Chuck Reed and Santa Ana Mayor Miguel Pulido. The Act proposes an amendment to the state constitution that will allow government employers to cut pension benefits for their employees while protecting benefits earned.

The article focuses on the trend that shows the defaulted properties attracts private money investors in Poway, California. Cary Burch, president and chief executive officer of Lender Support Systems Inc. states that there's a lot of dollars of private money that's buying up loans at a discount. He adds that investors can buy the loans, or hold on to the property a little bit longer to make a profit down the line.

Talks about the preparation of a lease revenue bond issue by the San Francisco Airport Commission. Information on the sales of bonds pertaining to a fuel system; Details on the advantages with the deal; Indepth look at the loan portions, and how they would be used.

The article reports that Newport Beach, California-based Impac Mortgage Holdings Inc., a real estate investment trust, has earned 270.3 million dollars in 2005 as compared to 257.6 million dollars in 2004. Impac said its total assets grew to 27.7 billion dollars at the end of 2005, up from 23.8 billion dollars in 2004. Joseph Tomkinson, chairman and CEO of the company, said 2005 was a challenging year for mortgage real estate investment trusts across the board.

The article informs that the First Franklin Direct, the retail direct-to-consumer division of nonprime mortgage lender First Franklin Financial Corp., has been rebranded. The new name is NationPoint, and reflects, the company said, what its target market pinpointed as desirable traits it wanted in a direct lender: strength, integrity, nationwide presence, trustworthiness, approachability and accountability. NationPoint has an operations center in Irvine, California. In 2004, the retail lending division of First Franklin had $1.6 billion in production, a 110% increase over 2003.

The article informs that the Ameriquest Mortgage Co. has sponsored the California Governor's Conference on Women and Families on December 7 at the Long Beach Convention Center. Ameriquest said its executive vice president and general counsel Dana Welch spoke on "Overcoming Obstacles: Being the Person You Were Meant to Be" as part of a panel at the conference. In addition, the company said it participated in the event by partnering with a nonprofit organization called Portraits of Hope to help children create a 40,000 square foot piece of public art that will be displayed on one of the company's airships.

Announces the appointment of Susan Pettem as vice president of the California Trustees' Association (CTA). Responsibility of Pettem in increasing new membership in the CTA; Role of the CTA in providing educational and legislational support to foreclosure trustees and lawyers and to mortgage servicers and vendors in California.

Reports that title insurance company Stewart Realty Solutions has acquired San Diego, California-based RealtyAssist. Details of the purchase deal; Company background; Efforts of Stewart Realty Solutions to expand its business operations.

Reports on the introduction of Electronic Insurance Interchange solution by Loan Protector Insurance Services at the 90th Mortgage Bankers Association of America convention in San Diego, California. Use of the data interchange among insurance carriers; Alternative to outsource insurance tracking; Addition to the product line of Loan Protector Insurance Services.

Reports on the plans of securitization on equipment leasing investment company into commercial paper conduits by ATEL Capital Group in San Francisco, California. Implication of the applied conduit for market operation; Accounts on the sale of amortization on assets facility; Specialization of ATEL in low technology equipment.

Reports on developments in the U.S. asset-backed securities market as of January 8, 2001. Federal Open Market Committee rate cut and headline risk associated with the state of the California power companies; Attractiveness of asset-backed securities investments in a time of uncertainty; Predicted first quarter 2001 volume.

Reports on the $348.5 million negotiated issue/deal from the Bay Area Rapid Transit (BART) system in California. Amount of retail order funds attracted by the system; Underwriter of the deal; Reference to the pricing scale; Proposed uses of the deal's proceeds.

Focuses on the performance of the municipal market, with emphasis on the effects of the Asian economic situation. Comments from Warren Gordon, a vice president and manager at Van Kasper & Company; Information on the 30-year Treasury bond being quoted up 19/32 to yield 5.80 percent; Reference to the $500 million offering bonds from San Francisco Airport Commission, being the deal of the week in the primary market.

Reports that the Los Angeles County Metropolitan Authority's board suspended work for about six months on three of its four rail lines, on January 14, 1998. Reason for halting work at these rail lines; Effects of the action on MTA's bond needs; Comments from Terry Matsumoto, chief finance officer of MTA.

The article reports on the quest of San Ramon, California-based CMG Mortgage Services for two new investors for its Home Ownership Accelerator (HOA) loan program. The HOA product is an A paper transactional loan where the consumer deposits his or her paycheck directly into a mortgage account. Meanwhile, company president Chris George is discussing with investment bankers concerning possible execution of their own security.

Profiles Robert Couch, the chairman of the Mortgage Bankers Association in San Diego, California. Election of Couch to the position; Years of services to the association; Style of the leadership of Couch.

Reports decrease of the bond price of Crown Vantage Inc. in Oakland, California. Plans of the company to close a 26 million dollar loan; Cause of the nonpayment of the coupons owed by the company; Manufacturing problems of the company; Plans to replace company management; Company revenue for the year 1998 and 1999.

Reports on the growth plans of California-based mortgage company Metro Lending Services. Plan to improve its Web site to make mortgage application process faster and more precise; Plan to expand outside California; Features of the Web site; Use of the Internet as an origination tool.

Presents information in relation to secondary market municipal derivatives in California. Performance of municipal-to-Treasury ratio; Comments made by Steve Kelleher, a senior vice president with Sutro & Company; Statistical information.

Reports on the issuing of a Request for Proposals (RFP), by the San Francisco Port Commission in the hope of seeking financial advisers in assisting staffers with financial planning, municipal financing, and debt management. Duration of chosen financial adviser; Deadline for interest firms to respond; Requests to the chosen firm.

Presents information on the Teeter program, a financing plan in California, highlighting Los Angeles County's perception of the program. Indepth look at the Teeter program; Participants of the program; Reason for the expression of skepticism by the Los Angeles County towards the program.

Focuses on the Marks-Roos bond issue being, questioning whether investors were informed about risk of such investments in Lake Elsinore. Value of the defaulted bond issue; Views of Bill O'Connor a principal with O'Connor and Company Securities; Claims brought against the city of Lake Elsinore by Palm Springs residents Elizabeth and Clayton Stensrud.

The article discusses the plan of Tim Anderson, director of e-services for California-based Doc Magic, to develop the Integrated Closing Disclosure registration process for E-Mortgages for the U.S. Consumer Financial Protection Bureau (CFPB). It mentions that CFPB wants to verify consent and receipt of documents using documents reader machines. It informs that the Bureau wants to use electronic loan for quicker auditing of loans.

The article offers information on a residential mortgage program launched by Calabasas Hills, California-based Athas Capital Group Inc. It informs that the mortgage program is available to mortgage brokers in California, Arizona, Oregon and Idaho with a loan amounts ranging from 100,000 dollars to 750,000 dollars. It further informs that residential products offered by Athas are short-term loans and loans with balloon payments.

The article provides an overview on the loan services offered by Presidio Residential Capital in San Diego, California.

The article reports that former CalPERS Board member Alfred Villalobos asserted that California State Attorney General Edmund Brown made inaccurate allegations regarding his involvement in spending money to entertain key senior executives at CalPERS, who then influenced the Board to authorize investments. The filing by Villalobos in the Los Angeles Superior Court stated that Villalobos is a registered broker-dealer.

The article offers information on landmarks and tourist destinations in San Diego, California, which will host the Mortgage Bankers Association of America's (MBA) 2009 annual convention. It describes the Seaport Village in the downtown area during nighttime. Some of the most notable places in San Diego mentioned in the article include the clothing and jewelry store called Trails West, the Stingaree restaurant, and the House of Blues San Diego entertainment establishment.

This article reports on the filing of Chapter 11 bankruptcy protection by Irvine, California-based newspaper publisher Freedom Communications. A drop in advertising revenue and a one billion U.S. dollar debt load have affected the publisher negatively. The company's lenders approved a prepackaged plan which included the bankruptcy filing. According to the company, they have enough cash to finance its operations and pay its bills.

The article reports on the capacity of Document Systems Inc. in complying the necessary requirements set by its clients in California. The document provider states that they have a staff of in-house attorneys to keep up with regulatory changes. The company also stresses that as a document preparation vendor, they have an in-house expertise around data auditing and data quality. DSI also uses a DocMagic software designed to let brokers easily produce and print out closing documents.

The article reports on the expansion of the credit facility of Digital Realty Trust Inc., a real estate investment trust in San Francisco, California. The company has increased its total capacity from $500 million to $650 million as well as the number of banks in the syndicate providing the facility from 13 to 16.

The article reports on the move of KKR Financial Holdings LLC to sell 16 million of its common shares to seven unaffiliated institutional investors in separately negotiated transactions, and its board of directors has approved a public rights of up to $270 million to its common shareholders in San Francisco, California. It states that the investors in the 16 million shares are managed by Farallon Capital Management LLC, Fir Tree Partners, JGE Capital Management, among others.

The article reports on certification given by Superior Court Judge Stephen Sundvold to a class against Temple-Inland Mortgage Corp., allowing claims to go forward against the company which allege Temple-Inland failed to timely reconvey home loans in California. Lenders are required to timely reconvey title to homeowners' properties when loans are refinanced or otherwise paid in full under the Califoria law. The class members have similar claims against the company.

The article discusses the benefits reaped by San Francisco, California-based mortgage lender 1st Republic Bank from its use of imaging and electronic content management strategies. The bank has managed to achieve cost savings and to improve its efficiency in servicing the needs of its high-net-worth customers.

The article highlights the Encompass user conference organized by Ellie Mae Inc. and held in San Francisco, California. The conference was successfully conducted with 1,300 paid attendees and MBA chief economist Doug Duncan as keynoter. Sig Anderman, chief executive officer (CEO) and co-founder of Ellie Mae Inc., credited his company for bringing the mortgage industry about $500 million in cost savings using automation.

The article reports on the online tools offered by PreQualPal Inc., which was developed by Gold Key Real Estate Inc. to mortgage brokers and loan officers in order to reduce the time spend in searching through sheets and keying in data in Highland, California. It features simultaneous real-time rate and pricing. The software is available for $69 a month offering bulk discounts to mortgage brokers with multiple loan officers. The tool saves an average 60 hours of wasted work sheet per year.

The article reports on the agreement between Ellie Mae Inc. and Fannie Mae company regarding the integration of their e-commerce technologies in order to improve the brokers submission of loan data to lenders in Dublin, California. As a result of the collaboration, Ellie Mae's LenderConnect technology will enhance the solution offered to lenders. It is also considered as an important tool in facilitating the growth of e-commerce in the market.

The article reports on the new emphasis placed by Tavant Technologies company on its loan servicing as part of its drive to penetrate the mortgage technology market in Santa Clara, California. The company's ability to automate decision-making processes is the key to their technology. Meanwhile, the key to the company's software formula is the company's provision with workflow, rules and intelligence together with the document management and imaging capabilities.