Maryland industry appointments update - 07/06/2006

National Mortgage Professional

Jul 09, 2006

Jambo to provide pay-per-call services to InformaMortgagePress.comPay-per-call services, Jambo, Informa Research Services Inc. Jambo has announced a pilot program, undertaken with Informa Research Services Inc., to incorporate Jambo's pay-per-call and Pay-Per-Call Collect solutions, which connect consumers and mortgage brokers via telephone. The agreement will enable both companies to expand their advertising distribution into one another's online and offline lead generation vehicles, giving their respective mortgage broker advertisers more sources and more opportunities to find new customers. Jambo is a pay-per-call provider based in Agoura Hills, Calif. For more information, call (888) 274-4306 or visit www.jambo.com. Informa Research Services Inc. is a market research and decision-support company for the financial industry based in Calabasas, Calif. For more information, call (800) 848-0218 or visit www.informars.com.

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Jul 09, 2006

Reverse

Reverse Mortgage Funding Lays Off 400

Lender cut 80% of staff a week after pausing mortgage originations.

One week after deciding to “pause” all of its mortgage originations, Reverse Mortgage Funding LLC (RMF) laid off 80% of its staff on Tuesday. Various social media posts by former employees maintained that the company, based in Bloomfield, N.J., had closed, but that is not t...

Regulation and Compliance

2023 Conforming Loan Limit Tops $1M For High-Cost Areas

FHFA said the baseline conforming loan limit will increase 12% next year.

With home prices nationwide rising for a record 128 consecutive months, it’s no surprise the federal government will raise the limits for loans it will back by 12% in 2023. What may shock some about the new conforming loan limit (CLL) values for mortgages to be acquired by ...