* Better Way Books offers the revised third edition of...

INDUSTRY WATCH

May 08, 1994

* Better Way Books offers the revised third edition of "Mortgage Loans: What's Right For You?" Author James E. Bridges examines 20 types of mortgages, including adjustable, assumable, convertible, fixed rate and graduated payment.

* Builder's 1st Choice of Columbia has been selected by Wormald Construction Co. and PCS Homes to oversee sales and marketing at three new home communities. The Wormal project is Worman's Mill, a 1,500-unit planned community featuring condominiums, townhouses and single-family homes on 300 acres in Frederick. The PCS developments are Harford Town in Abingdon, where 207 townhomes will be built, and Columbia Park in Columbia, where 91 townhouses are planned.

* Corcoran Jennison Management Co. of Laurel has been named "Property Management Company of the Year" by the National Council of Multifamily Housing of the National Association of Homebuilders. The company manages over 14,000 multifamily units in New England, the Mid-Atlantic and the Southeast.

* Duron Paints & Wallcoverings, based in Beltsville, has received an award for its support of trade training in the residential construction industry from the Industry-Education Alliance National Corporate Partners' Program of the National Association Home Builders for the second consecutive year. Duron sells paint through 165 company stores and 150 independent dealers.

* ERA English Realty said Ray Ulatowski was recently inducted into ERA's National Leadership Circle, which places him among the top 1 percent of ERA salespersons for housing units sold.

* Everett, Benfield & Associates Inc., a Bel Air appraisal firm has opened a residential division that will serve Baltimore and Harford, Cecil and Baltimore counties. Information: 893-4710.

* First Citizens Mortgage Corp., an affiliate of Citizens Savings Bank and a subsidiary of First Citizens Financial Corp. of Silver Spring, recently opened a temporary office at 53 E. Patrick St. in Frederick until its permanent location is ready at 450 Prospect Blvd., in the Festival of Frederick Shopping Center. Cathy Winters, a regional vice president and Frederick native, is the manager and Michele Kately is a loan processor.

* First Town Mortgage of Secaucus, N.J., has named David J. Grillo of Fairfax Station, Va., vice president and manger of its Mid-Atlantic region, which is based in Silver Spring. First Town also has offices in Annapolis, Baltimore, Rockville and Fairfax, Va.

ON THE MOVE

* Boswell Building Surveys Inc. says Jacqueline McCann, the first woman to become a member of the Baltimore chapter of the American Society of Home Inspectors, has joined the company.

* Coldwell Banker Home Realty Professionals, says C.W. Ryan has joined the Anne Arundel County firm as director of the All State Appraisal Division. Ms. Ryan will work out of the Severna Park office.

* Everett, Benfield & Associates Inc. of Bel Air says Carl M. Johnson has joined the appraisal company as a senior associate appraiser.

CALENDAR

* May 9: The Greater Baltimore Board of Realtors will sponsor a "Basic Financing 101" course from 9:30 a.m. to 12:45 p.m. at 1501 Mount Royal Ave., Baltimore. The fee is $30 for members and $65 for nonmembers.

* May 11: Eight Baltimore-area savings institutions are holding a free "Home Buyer Seminar" from 7 p.m. to 9 p.m. at Jerry D's Parkville Hall, 7901 Harford Road. Topics include "the advantages of homeownership," "evaluating your financial status," "mortgage programs," and "the lending process." Reservations: Bradford Federal Savings Bank, 377-9600; Capital Savings Bank, 560-2200; Chesapeake Federal S&L, 668-3411; Heritage Savings Bank, 583,8700; Key Federal Savings Bank, 363-7050; Northfield Federal Savings, 665-7900; Parkfield Savings Bank, 882-4040; Wyman Park Federal, 252-6450.

* May 14: The Abell Improvement Association will hold a neighborhoodwide open house in conjunction with its annual spring picnic and weekly farmers' market. More than a dozen homes for sale will be open between 11 a.m. and 2 p.m. A list of homes will be available at the Abell "Open Space" on 32nd Street between Guilford and Abell Avenues. Information: 625-1710.

* May 16: The Property Owners Association of Greater Baltimore Inc., will hold an informational seminar on the new Maryland law regarding lead paint for rental property owners and managers, from 6 p.m. to 9 p.m. at the Pikesville Hilton Hotel. Free, but reservations are needed. Information: (301) 727-13424.

* May 16: The Greater Baltimore Board of Realtors will offer the course "Professional Standards: Understanding New Ethical Codes in Real Estate" from 9:30 a.m. to 12:45 p.m. at 1501 W. Mount Royal Ave. Admission is $30 for members and $65 for nonmembers.

* May 17: The HARBEL Housing Partnership Program will sponsor a free Home Buyer Seminar from 7 p.m. to 9 p.m. at Calvary Lutheran Church, 2625 E. Northern Parkway. Reservation or information: 444-2100.

* May 19-20: The American Bankers Association National Community Development Lending Conference will be held at the Hyatt Regency Baltimore. Rep. Kweisi Mfume, a Democrat of Maryland, will deliver the keynote address.

* May 19: The Greater Baltimore Board of Realtors will hold a course on "Real Estate Investment Strategies for the '90s" at 1501 W. Mount Royal Ave. The cost is $30 for members and $65 for nonmembers.

* May 24: The Greater Baltimore Board of Realtors will present the course "Real Estate Auctions: A Growing Trend" from 6 p.m. to 9:15 p.m. at 1501 W. Mount Royal Ave., Baltimore. The cost is $30 for members and $65 for nonmembers.

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