Bank of America offers mortgage for teachers and first responders

Aug 28, 2007

DocuTech automates prepayment penalty configuration managementMortgagePress.comMortgage prepayment penalty calculator DocuTech Corporation has announced the release of ConformX 3.10, which features a new process for managing prepayment penalty configurations. The upgrade manages more than 500 prepayment penalty configurations through an intuitive, direct interface with loan origination systems. Idaho Falls, Idaho-based DocuTech Corporation is a provider of compliance services and documentation technology to the mortgage industry. For more information, call (800) 497-3584 or visit www.docutechcorp.com.

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Aug 28, 2007

Analysis and Data

High Home Prices Not Translating To Higher Seller Profits

Average profit margins decline for second year in a row, with Florida sellers hit hardest

According to ATTOM’s Year-End Home Sales report, 2024 marked the second consecutive year of declining home sale profits, falling to 53.8% in 2024 from 56.9% in 2023. Median seller profit for 2024 was $122,500 per home sale. Although an average of $122,500 is nothing to s...

People On The Move

Andy Ward Joins Guaranteed Rate Affinity As Originating Manager

Ward touts the company's access to more than 2,000 mortgage programs

Guaranteed Rate Affinity, exclusive partner to Coldwell Banker, today announced that Andy Ward has joined the company as an Originating Manager in Cottleville, Missouri. Ward brings 25 years of experience in the mortgage business to the role. "Andy is a great addition to ...