Mary Joine Dum, a leading expert on the use of computers in real estate appraisal and a former product reviewer for National Mortgage News and Mortgage Technology magazine, died on Dec. 15 in Brentwood, California. She was 80.
Mary’s long career as a writer and editor began in 1981, when she helped found the influential Real Estate Analysts Northstar Users Group (REAMUG). She was editor of the bimonthly REAMUG Journal until 2010, when REAMUG disbanded. She contributed regular product reviews to National Mortgage News and its sister publications, as well as other appraisal and mortgage trade press.
Born in Columbus, Ohio, in 1931, Mary graduated with a Bachelor of Science degree in medical technology from Ohio State University in 1953. She married Thomas E. Dum, MAI, also of Ohio, in 1953. She worked as a laboratory technician and supervisor for 12 years at Ohio State before moving to California in 1963.
Mary is survived by her husband, her son Edwin T. Dum, MAI, daughter-in-law Ann Dum, two grandchildren, and two great-grandchildren.
A memorial service will be held on Saturday, January 21, 2012, at the Unitarian Universalist Church in Livermore, California. In lieu of flowers, the family asks that donations be made to the American Cancer Society.
Daily Briefing | Friday, December 23, 2011
Freddie Has Strongest Purchase Month Since February
Freddie Mac purchased $38.1 billion of mortgages in November, a 12% gain from the month prior, and its best acquisition month since February, according to new figures released by the GSE.
Fitch Questions Ocwen’s MA Moves in MSRs
Fitch Ratings this week downgraded its servicer rating on Ocwen Financial Corp., Atlanta, questioning its rapid expansion in servicing contracts and voicing doubts about its heavy use of offshore workers.
New Home Sales Continue to Show Signs of Hope
New home sales rose in November for the third consecutive month to the highest level since April, the Census Bureau reported Friday.
MetLife Partnership Slows KB Home Sales
KB Home’s midyear decision to transition its mortgage marketing agreement to a new lender caused significant delays in the Los Angeles-based homebuilder’s ability to close home sales in the last quarter of its fiscal year.
With Payroll Tax Deal Done, Here Comes the G-Fee Hike
Consumers soon will be paying more for government-backed mortgages now that the House and Senate have reached a deal to extend a payroll tax break for two months.
Five Trade Groups Tell FHFA: No Fee for Service
Five industry trade groups have sent a new letter to Federal Housing Finance Agency director Edward DeMarco, telling him more or less that they believe the ‘fee for service’ concept would be a disaster for both the industry and consumers.
EverBank Kicking the Tires at MetLife Home Loans?
Add the name of EverBank Financial to the list of bidders that have been kicking the tires at MetLife Home Loans, Irving, Texas.
Multifamily Construction Shines in California, SF Not So Much
Housing production in California was up in November for the fourth consecutive month. But builders in the Golden State are still on track to start the third lowest number of units on record in 2011.
Houston Area Has Sixth Straight Sales Gain
Existing home sales were up in November for the sixth straight month in the huge Houston area market.