ABN AMRO Announces Abundant Accolades

Nov 14, 2002

Ellie Mae Boasts High ProductivityMortgagePress.comEllie Mae, Transactions, Productivity Ellie Mae Inc. announced that it handled more than 1.3 million transactions in the quarter ending Sept. 30, and revised its guidance for 2003 upward to four million transactions. The company also announced an increase in its annual forecast, and expects to reach four million transactions by the end of the year. Ellie Mae Inc., headquartered in Pleasanton, Calif., provides technology solutions for mortgage professionals. For more information, visit www.elliemae.com or call (877) 355-4362.

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Nov 14, 2002

Analysis and Data

Mortgage Industry Despairs Over Positive Jobs Report

Leading to 'crushed' expectations of another significant rate cut

The September jobs report came back with flying colors, adding far more jobs than Wall Street economists projected while the unemployment rate ticked down, leading to what can only be called a crushing defeat for mortgage professionals. In response, the average rate for the ...

People On The Move

Pennymac Shakes Up Capital Markets Team

William Chang, Pennymac’s long-time capital markets leader, to "pursue other interests in the mortgage banking industry."

PennyMac Financial Services, Inc. and PennyMac Mortgage Investment Trust announced Thursday that William Chang will step down from his roles as Senior Managing Director and Chief Capital Markets Officer at PFSI, and Senior Managing Director and Chief Investment Officer at PM...