LandAmerica acquires MSTD Inc.

Jul 09, 2006

Ellie Mae and ComplianceEase integrate free compliance check into EncompassMortgagePress.comEncompass, Ellie Mae, ComplianceEase Ellie Mae has partnered with ComplianceEase to offer free, automatic compliance audits to mortgage brokers using Ellie Mae's Encompass Mortgage Automation System. "Compliance is essential these days, so having a compliance check built into a loan origination system provides great benefits to mortgage brokers," said Jonathan Corr, Ellie Mae's chief strategy officer. "Thanks to this free, one-click service, Encompass users can instantly see whether any given loan meets industry regulations, thereby significantly minimizing the need for manual review." Ellie Mae is a provider of software and services to the mortgage industry based in Dublin, Calif. For more information, call (877) 355-4362 or visit www.elliemae.com. ComplianceEase, a division of LogicEase Solutions Inc., is a provider of business solutions to the financial services industry based in Burlingame, Calif. For more information, call (866) 212-3273 or visit www.complianceease.com.

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Jul 09, 2006

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...