Idaho industry appointments update - 1/3/2007

National Mortgage Professional

Jan 02, 2007

CircleLending introduces private reverse mortgagesMortgagePress.comPrivate reverse mortgages CircleLending Inc. has released Family Advantage, a private lending product which operates like a reverse mortgage. Family Advantage is a line of credit funded by the relatives or friends of a homeowner and secured by real estate. The homeowner need not be a senior citizen to qualify, can take out the loan on a primary or secondary residence and is not required to pay for mortgage insurance, origination fees or closing costs. CircleLending Inc. is a financial services company based in Waltham, Mass. For more information, call (800) 805-2472 or visit www.circlelending.com.

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Jan 02, 2007

People On The Move

Cenlar Hires Two, Makes Internal Promotion

All three will be directors of enterprise portfolio management.

Cenlar FSB, a national mortgage loan subservicer, announced that Kelly O’Donnell and Karen Sim have joined Cenlar and Darrin Borell has been promoted. The trio will be directors of enterprise portfolio management and will be responsible for driving and implementing strategic...

Analysis and Data

Redfin Predicts 2024 Will Be The Year Homebuyers Catch A Break

Home prices will fall, new listings rise, and mortgage rates will stay above 6%.

Signs point to a shift toward a buyer’s market in 2024 as pandemic-driven inflation takes its last gasps, mortgage rates come down and more people list their homes for sale. That’s according to annual end-of-year predictions from Redfin, the technology-powered real estate br...