WASHINGTON, DC-This week's MBA Mortgage Applications Survey shows that the market composite index for the week ending May 25 is up to almost where it was the week ending May 11 after a drop in the week ending May 18.

NEW YORK CITY-Jonathan Rudes, president of Delphi Real Estate Advisors LLC and co-chair of the Real Estate Technology Forum, tells GlobeSt.com brokers here are reluctant to jump aboard initiatives that require sharing information.

COLUMBIA, MD-The local REIT that focuses on suburban office properties has declared five different dividends to be paid to shareholders. All will be paid to shareholders of record as of June 29,2001.

MCLEAN, VA-Freddie Mac, the stockholder-owned corporation Congress founded in 1970, has found in its latest survey of primary mortgage information that while adjustable rates were almost unchanged, fixed-rate mortgages went up 0.06%.

STAMFORD, CT-GE Capital, based here, is the financial services unit of General Electric & Co., based in Fairfield, CT. It has signed a Letter of Intent with Finova's creditors to aid Finova in its bankruptcy restructuring.

GLEN ALLEN, VA-Dynex Capital Inc. will have to pay a dividend to preferred shareholders if it wants to maintain its REIT status under the amended Internal Revenue Code of 1986.

WASHINGTON, DC-George Washington University, located here, has issued a report through its Aviation Institute, that contends the US is in serious need of investments in its infrastructure. It calls for extensive construction of modern traffic control facilities and runways.

ATLANTIC CITY, NJ-The US Bankruptcy Court in Camden, NJ has recently issued an order confirming a Fourth Amended Plan of Reorganization pursuant to Section 1125 of the US Bankruptcy Code for Claridge and its partners.