JPMorgan Chase invests $241 billion in U.S. communities

National Mortgage Professional

Aug 28, 2007

Calyx Software maintains two-thirds market shareMortgagePress.comLoan origination,marketing,processing,software According to the Wholesale Access 2006 Mortgage Broker Study, Calyx Software has maintained a steady 67.9-percent market share since 2002. The study was completed in early 2007. San Jose, Calif.-based Calyx Software is a developer of software designed for mortgage brokers and direct lenders. For more information, call (408) 997-5525 or visit www.calyxsoftware.com. Wholesale Access is a research, advisory and publishing company based in Columbia, Md. For more information, call (410) 772-1161 or visit www.wholesaleaccess.com.

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Aug 28, 2007

Reverse

Bankruptcy Court Judge OKs Up To $124.5M In Financing For RMIT

Reverse mortgage lender & servicer also faces lawsuit over November layoffs.

A federal bankruptcy court judge in Delaware has agreed to allow Reverse Mortgage Investment Trust Inc. (RMIT) to obtain additional financing that could total as much as $124.5 million. Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District of Delaware signed a...

Analysis and Data

Buyer-Seller Stalemate Increases Housing Market Supply

The market may not stay calm for very long, though.

Housing supply is finally starting to tick up as homes linger on the market. The total number of homes for sale increased 15% year-over-year during the four weeks ended Dec, 4, the biggest uptick since at least 2015, according to a new report from Redfin. Buyers and sellers...