Selling mortgages is not rocket science: Are you the CEO of your company?

Apr 11, 2007

Ocwen Loan Servicing gives $200,000 to non-profitMortgagePress.comMortgage charities Ocwen Loan Servicing LLC has awarded $200,000 to the Homeownership Preservation Foundation, to be used to help prevent foreclosure via the non-profit's national consumer hotline and Web site. "Ocwen is proud to support the efforts of the Homeownership Preservation Foundation," said Bill Rinehart, vice president and chief risk officer for Ocwen Loan Servicing LLC. "The foundation is making a real difference in helping thousands of people stay in their homes, many of those Ocwen customers." Ocwen Loan Servicing LLC is a servicer of residential mortgage loans based in West Palm Beach, Fla. For more information, call (800) 746-2936 or visit www.ocwen.com. Minneapolis-based Homeownership Preservation Foundation is a non-profit organization dedicated to reducing foreclosures and preserving homeownership for homeowners in the United States. For more information, call (888) 995-4673 or visit www.hpfonline.org.

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Apr 11, 2007

People On The Move

Jason Lee New President Of The Loan Store

The former Flagstar Executive to steer The Loan Store through next phase of "aggressive growth"

The Loan Store, a leading wholesale mortgage lender, has tapped industry veteran Jason Lee to be its new president. With a career spanning more than two decades in the mortgage and banking industries, Lee is expected to bring expertise in capital markets, leadership, and ...

Analysis and Data

Employment Rebounds In November, Uncertainty Lingers

Uptick in unemployment could boost odds of Fed rate cut

The unemployment rate edged up from 4.1% in October to 4.2% in November, while total nonfarm payroll employment added 227,000 jobs, beating consensus estimates. The number of unemployed people was little changed from November, at 7.1 million. A year earlier the jobless ra...