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Editorial Results (free)

1. Schlimmer Joins CBU -

Jim Schlimmer has joined Christian Brothers University as vice president of enrollment.

Hometown: High Point, N.C.
Education:
Bachelor of arts degree, Luther College in Decorah, Iowa; Master of science in Education degree, Higher Education Administration, University of North Carolina, Greensboro
Work Experience:
Francis Marion University, director of admissions, 2008 to 2010; Louisburg College, vice president for enrollment, 2007 to 2008; Luther College, vice president for enrollment, 2006 to 2007; High Point University, dean of enrollment management, 1982 to 2006.
Family:
Dr. Alexa Schlimmer, associate professor of fine arts, High Point University; Philip Schlimmer, son, second-year law student at Ohio Northern University; Kathryn Schlimmer, senior, Roanoke College, Salem, Va.
Last book read:
“The World is Flat”
Favorite music:
Rock ‘n’ roll
Sports team:
Carolina Panthers
Activities you enjoy outside of work:
I run a lawn service with our two children – A&J Lawn Service
What talent do you wish you had?
I wish I could sing.
Who has had the greatest influence on you?
Enrollment mentor John Klockentager
What drew you to CBU?
The opportunity to be on an active enrollment management team. I was impressed with the commitments the school had made in the enrollment area. Most of all, I was pleased to return to a church-related university.
What will your role as vice president of enrollment management entail?
I am responsible for leading enrollment management initiatives and overseeing the undergraduate enrollment office, the office of financial aid and the career services office.
What do you consider your greatest professional accomplishments?
Creating an atmosphere for successful recruitment at High Point University that also attracted students to on-campus living.
What do you most enjoy about your work?
I enjoy the opportunity to set up enrollment systems that engage students with the university. I also enjoy monitoring the success of the admissions recruitment cycle from the initial contact to the student’s first day on campus.

2. DiScenza Retires; To Investigate Judicial Conduct -

The federal prosecutor whose job was to investigate corruption among elected officials is going to be investigating the conduct of judges.

Assistant U.S. Attorney Tim DiScenza announced this week that he is retiring after 33 years as a federal prosecutor at the end of June.

3. Dewald Selected to Chair Life and Health Insurance Foundation -

Jack Dewald will serve as chairman of the board for the Life and Health Insurance Foundation for Education.

Dewald is president and owner of Agency Services Inc.

4. Mortgage Activity Sums Up Dreary ’09 -

Although the mortgage industry enjoyed an uptick in activity as the year ended, it by no means salvaged an otherwise abysmal 2009.

Lenders suffered one of their worst years for purchase mortgages in recent memory, making only 8,399 loans in 2009, according to real estate information company Chandler Reports, www.chandlerreports.com. (Data for this report included purchase mortgages only, not refinances.)

5. Mortgage Activity Looks Up in November -

It stands to reason that whenever home sales have a good month, the mortgage industry will also. Not surprisingly, the latest loan data held up their end of the bargain and for the first time all year outpaced the same month of 2008.

6. Q2 Mortgages Up 34 Percent -

The mortgage industry is yet another group that viewed the second quarter numbers with some ambivalence. The period (April through June) was highlighted by slight improvements from the previous quarter but well off the mark from the same quarter the previous two years.

7. Mortgage Sector Tows the Line in June -

Like other real estate and financial services sectors, the mortgage industry received some bad news and some good news in June: Activity improved from the previous month, but still fell short of last year’s total.

8. UTHSC Professor Dagogo-Jack Appointed A.C. Mullins Chair -

Samuel Dagogo-Jack has been appointed to the A.C. Mullins chair in Translational Research, an endowed professorship, at the University of Tennessee Health Sciences Center. Dagogo-Jack has also been named chief of the Division of Endocrinology for the Department of Medicine in the College of Medicine.

9. Q1 Mortgage Numbers So Predictable -

With home sales continuing their dramatic decline, it stands to reason that mortgage activity would mirror the sales slump and register its own set of disappointing numbers.

That logic certainly prevailed in the first quarter of 2009, which saw a significant dropoff in residential mortgages, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

10. FHA Loans Take Lion’s Share of Mortgage Activity -

As the mortgage industry closes the book on an abysmal year, it can thank the Federal Housing Administration for being one of the few bright spots of 2008.

Through Oct. 31, home loans insured by FHA in Shelby County increased 226 percent – twice the national average – compared to last year. Also, they accounted for 28.9 percent of all mortgages as lenders reacted to the subprime fallout of 2007-2008.

11. October Mortgages Plummet 33 Percent -

Although his term as president of the Memphis Mortgage Bankers Association (MMBA) extends two more months through the end of 2008, Chris Bowers can begin to reflect on what has been a tumultuous year in his profession.

12. Mortgage Bankers Anticipate More Activity -

The phone has been ringing nonstop for Sam Goff, mortgage loan originator for Evolve Mortgage and vice president of the Memphis Mortgage Bankers Association (MMBA).

With the recent drop of interest rates on the heels of the Fannie Mae and Freddie Mac crisis, Goff’s mortgage clients are calling to see if refinancing their mortgages might be a good idea.

13. Mortgages Decline 40 Percent In August -

“New normal” is how West Beibers, president of Delta Trust Mortgage Corp., describes the state of the mortgage industry right now. With residential lending still down and no signs of improvement anywhere in sight because of tightened lending guidelines, it appears to be an apt description.

14. MAAR, MMBA Members to Build for Habitat for Humanity -

They spend their workweeks selling and financing homes, but Memphis-area Realtors and mortgage bankers will spend two months doing something slightly different – they’ll be building homes.

From Sept. 12-Oct. 25, members of the Memphis Area Association of Realtors (MAAR) and the Memphis Mortgage Bankers Association (MMBA) will construct a Habitat for Humanity house at 5157 Chantilly Drive in Northaven.

15. July Mortgage Activity Drops 37 Percent -

The federal housing bill recently signed into law might bring relief to the beleaguered mortgage industry, but it likely won’t bring results for a few months. In the meantime, the real estate market sputters along and lenders struggle to keep pace with last year’s numbers.

16. Q2 Mortgage Filings Down 31% -

As the U.S. prepares for a presidential election and looks forward to the Olympics in China, the year strikes an uncanny resemblance to 1988, when George H.W. Bush won the White House and Seoul, South Korea, hosted the Summer Games.

17. Despite National Application Increase, Local Mortgage Activity Falters -

Mortgage applications have increased nationwide, but mortgage loans in Shelby County continued their downswing in May as lenders grappled with tightened guidelines and weary consumers.

The Washington-based Mortgage Bankers Association last week released its weekly mortgage applications survey for the week ending June 6: It revealed a 10.9 percent increase in applications from the previous week across the U.S.

18. Mortgage Bankers Set Sights On Breakthrough -

Though accounts vary as to the exact wording of the quotation, Mark Twain once purportedly told a reporter that news of his death had been greatly exaggerated.

For West Beibers, president of Delta Trust Mortgage Corp., the same sentiment is true of the mortgage industry. He pointed out that while critics chronicle the demise of banks and mortgage companies, the banks and mortgage companies continue taking applications and making home loans.

19. Despite Decline, 100 Percent Financing Can Be Found -

While most banks and mortgage companies have pretty much eliminated 100 percent financing for home loans, the product still exists. It just doesn't flourish like it once did.

Long gone are the days of no-documentation, no-money-down, stated-income loans that ultimately sent the housing industry reeling in 2007. In response to the subsequent subprime fallout and skyrocketing foreclosure rate, companies tightened their guidelines and removed many of the loan products that created those problems in the first place.

20. Banking Workforce Reduction Ahead, Study Says -

The U.S. financial industry could lose 200,000 jobs - or 10 percent of a workforce that's estimated at 2 million - during the next 12 to 18 months because of problems stemming from the recent subprime fiasco, according to a recent study by the research firm Celent LLC.

21. Banks, Trust Cos. Top Shelby Home Sellers -

Of all the residential real estate storylines from the past year, perhaps the most intriguing was how trust companies and banks - not builders - wound up being the top home sellers in Shelby County.

22. Mortgage Refinancing Business Picks Up -

Low interest rates have sparked a flurry of home refinancing, giving the mortgage industry a shot in the arm it needed to cope with an anemic housing market.

Nationwide, the Mortgage Bankers Association's (MBA) Refinance Index increased 22.1 percent for the week ending Jan. 25, while the refinancing share of mortgage activity increased to 73 percent of total applications, up from 66 percent the previous week.

23. Latest Waltz Defendant Receives Probation -

It has finally happened in a Tennessee Waltz case. When former state Sen. Ward Crutchfield of Chattanooga was sentenced last week, his attorney and his friends tried to minimize what he did wrong. They did it in a way that none of the other five former lawmakers who have been sentenced have tried.

24. Crutchfield Avoids Jail Time, Gets 2 Years Probation -

Former state Sen. Ward Crutchfield of Chattanooga avoided jail time Thursday and was instead sentenced to two years probation for taking a bribe in the Tennessee Waltz corruption sting.

In Memphis federal court, U.S. District Judge Daniel Breen cited the poor health of the 79-year-old veteran legislator and former attorney in sentencing him to probation.

25. Q4 Non-Commercial Mortgages Drop 36% -

Non-commercial mortgage filings tapered off throughout 2007, but they suffered their largest declines in December and during the fourth quarter.

Q4 2007 saw a 35.5 percent decline from Q4 2006. There were 8,293 mortgages filed in Shelby County between Oct. 1 and Dec. 31, 2007, compared to 12,852 in the same period a year earlier, according to The Daily News Online, www.memphisdailynews.com

26. Year of the 'Tailspin' -

Like victims of a car accident, mortgage company executives might be checking body parts to make sure everything is intact. That's because 2007 turned into a multi-vehicle pileup for the industry - and not everyone survived.

27. Interest Rate Freeze Could Have Minimal Impact in Memphis -

U.S. homeowners facing a spike in the interest rates of their adjustable-rate mortgages could benefit from a plan outlined last week by the Bush administration, but how much aid it brings to Memphis and the Mid-South remains to be seen.

28. Health Benefits Continue for 4 Waltz-Convicted Legislators -
CHATTANOOGA, Tenn. (AP) - State health insurance benefits will continue at no additional cost for four of the five former legislators convicted in the Tennessee Waltz bribery sting, records show.

29. Ethics Reforms Didn't Take Away Lobbyists' Power, Bredesen Says -
NASHVILLE (AP) - More than a year after lawmakers passed stricter ethics and disclosure laws, lobbyists still hold tremendous power over the legislative process, Gov. Phil Bredesen said.

The new ethics laws - approved in early 2006 after an FBI corruption investigation - took much of the money out of the relationship between lobbyist and lawmaker, but lobbyists still do plenty to craft and influence legislation.

30. Tenn. Waltz Changed Culture For Many at State Capitol -

NASHVILLE (AP) - A comprehensive ethics law passed in the wake of a federal investigation into corruption in state government that netted five sitting or former lawmakers has done much to change the atmosphere at the state Capitol.

31. Tenn. Waltz Changed Culture for Many at State Capitol -
NASHVILLE (AP) - A comprehensive ethics law passed in the wake of a federal investigation into corruption in state government that netted five sitting or former lawmakers has done much to change the atmosphere at the state Capitol.

32. Tennessee Waltz Keeps DancingWith Latest Guilty Pleas -      Federal prosecutors are closing in on a clean sweep in convictions of state lawmakers charged in the Tennessee Waltz corruption scandal.
     State Sen. Ward Crutchfield pleaded guilty to bri

33. Crutchfield ExpectedTo Change Plea in Tenn. Waltz -      State Sen. Ward Crutchfield was expected to change his plea Thursday in his federal corruption case just days before he was scheduled to go to trial.
     It was not clear what Crutchfield's

34. Faith — Oops! — Ford No More -

One of my biggest stumbling blocks since childhood has been placing people on pedestals on which they clearly don't belong - "clearly" to everyone but me, that is.

I can't count the times I've built someone up to be a hero only to find that he or she is seriously flawed. Or realized that person has more vices than Swiss cheese has holes. Or stubbornly concentrated on an individual's good qualities while studiously ignoring (or excusing) the bad.

35. Braverman Joins The West Clinic -

Dr. Aliza Braverman has joined The West Clinic as a rheumatology specialist. She is the first rheumatologist to join the team.

Mike Jackson has been named president and CEO of Memphis-based Verso Paper Holdings LLC. He succeeds LH Puckett, who is retiring but will remain a member of the board of directors. Jackson previously served as a senior vice president at Weyerhaeuser Co. in Federal Way, Wash. He was with the company for 29 years.

36. Archived Article: Digest - Memphis Lawmakers Among

Memphis Lawmakers Among

Seven Arrested in Bribery Sting

Three Memphians were among seven indicted Thursday after a two-year federal investigation. State Sens. Kathryn Bowers and John Ford and former state Sen. Roscoe...

37. Archived Article: Memos - Boatmens Bank of Tennessee recently announced the election or promotion of several officers: Boatmens Bank of Tennessee recently announced the election or promotion of several officers: Robert was elected vice president and manager of the Raleigh br...