May 31, 2006

Fitch Rates Wells Fargo $422.7MM Mortgage Pass-Through Ctfs Series 2006-7 

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Fitch Rates Wells Fargo $422.7MM Mortgage Pass-Through Ctfs Series 2006-7 
NEW YORK—-May 30, 2006–Wells Fargo mortgage pass-through certificates, series 2006-7, are rated by Fitch Ratings as follows:

(AFX UK Focus) 2006-05-31 12:15 GMT: Refinancing applications weaker last week 
WASHINGTON (AFX) — The pace of mortgage application filings dropped 1.9% in the week ended May 26 compared to the prior week, according to data compiled by the Mortgage Bankers Association.

Cervus Financial Group Inc., Announces The Resignation of Gary Bartholomew From The Board Of Directors 
Cervus Financial Group Inc.,, is a financial services company dedicated to providing mortgages through select mortgage brokers. Effective immediately the company announces the resignation of Gary Bartholomew, from the Cervus Board of Directors.

Commerzbank to Cut 900 Jobs to Boost Profit, Consolidate Merger 
May 31 (Bloomberg) — Commerzbank AG, Germany's second-biggest lender, plans to cut 900 jobs as it seeks to boost profits and integrate mortgage lender Eurohypo AG.

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