The commercial corner: Qualifying small-commercial properties: Mike Boggiano

Jan 10, 2007

GMAC-RFC teams with Fidelity NationalMortgagePress.comAsset inspection and preservation,property insurance GMAC-RFC Insurance Claims Services (GICS) and Fidelity National Information Services Inc.'s (FNISI's) Field Services division have entered into an agreement to jointly promote their services. GICS assists financial institutions in optimizing the property insurance claims recovery process, while the FNISI Field Services division specializes in asset inspection and preservation services. Minneapolis-based GICS is a business unit of Homecomings Financial, a provider of home financing and mortgage loan servicing. For more information, call (800) 482-3609 or visit www.gmacrfc.com. Jacksonville, Fla.-based FNISI is a provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. For more information, call (800) 874-7359 or visit www.fidelityinfoservices.com.

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Jan 10, 2007

People On The Move

Christensen, Andrus Added At CE Class Leader

Maximum Acceleration hires mortgage exec. as education director, adds banking manager

Brandon Christensen, a longtime mortgage broker and trainer, has been named Director of Education and National Instructor for Maximum Acceleration LLC, a leading NMLS-approved course provider for mortgage pre-license and continuing education. "Having Brandon join our amaz...

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...