LSSI partners with Stewart Lender Services

Oct 09, 2007

National industry appointments update - 10/10/2007MortgagePress.comNational mortgage industry positions • Flagstar Wholesale Lending has hired the following account executives: Joseph Bellamente (New York), Stacey Browne (Massachusetts), Scott Burchett (Georgia), Mistie Cadman (Texas), Donna Fujie (Hawaii), Leanne Kelly (Alabama), Missy Lawson (Washington), John McCully (Texas), Tracey McJunkin (Texas), Sherry Orton (Alabama), Christopher Phillips (Missouri) and Angelo Taracko (North Carolina). Named as divisional managers were Rob Mally (West), Greg Lutin (South) and Paul Wyner (Central).

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Oct 09, 2007

Analysis and Data

Interest Rate Cut Reinforced By Wednesday's Inflation Data

Consumer Price Index makes smallest annual increase in three years

The latest inflation data fortifies expectations for the Federal Reserve to make its first interest rate cut in more than four years next week. The Consumer Price Index rose 2.5% over last year this August, ticking up just 0.2% from July, the U.S. Bureau of Labor Statisti...

Tech

UWM Works To KEEP The Refis Rolling In

The wholesaler launches an AI-driven system, KEEP, that identifies borrowers in need of a refinance

To keep refinances rolling in, United Wholesale Mortgage (UWM) has launched KEEP, a program utilizing AI to send borrowers pre-validated refinance opportunities as soon as they may obtain meaningful savings on their monthly payments. Instead of cold-calling or emailing every...