Allied Home Mortgage and PushMX integrate services

Oct 26, 2005

NAMB adds Vermont as 47th state affiliate to its ranksMortgagePress.comVTAMB,NAMB The National Association of Mortgage Brokers (NAMB) has announced the addition of its 47th state affiliate, the Vermont Association of Mortgage Brokers (VTAMB). VTAMB membership will incorporate all the benefits of NAMB membership, including grassroots representation on Capitol Hill, networking opportunities, education and certification. "NAMB is proud to have Vermont's mortgage brokers join our ranks, and we welcome the opportunity of working with these experienced mortgage professionals," said NAMB President A.W. Pickel III, CMC. For more information, visit www.vtamb.org.

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Oct 26, 2005

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...