Master Financial joins Ellie Mae's ePASS Network

Sep 19, 2005

Credit Plus named 1st Metropolitan Mortgage's preferred credit vendor MortgagePress.comCredit Plus Inc., 1st Metropolitan Mortgage, preferred credit vendor, credit reports Credit Plus Inc. has been named 1st Metropolitan Mortgage's preferred credit vendor. This relationship was announced at 1st Metropolitan's annual Partnering to Achieve Customer-Focused Excellence (PACE) conference in Atlanta. Through this arrangement, 1st Metropolitan Mortgage's current and new branches will utilize Credit Plus for credit reports, flood reports, title insurance and more. Based in Salisbury, Md., Credit Plus Inc. provides products and services to mortgage professionals throughout the nation. For more information, call (800) 258-3488 or visit www.creditplus.com. Headquartered in Charlotte, N.C., 1st Metropolitan Mortgage is a national mortgage brokerage. For more information, visit www.1stmetro.com.

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Sep 19, 2005

Analysis and Data

Mortgage Industry Despairs Over Positive Jobs Report

Leading to 'crushed' expectations of another significant rate cut

The September jobs report came back with flying colors, adding far more jobs than Wall Street economists projected while the unemployment rate ticked down, leading to what can only be called a crushing defeat for mortgage professionals. In response, the average rate for the ...

People On The Move

Pennymac Shakes Up Capital Markets Team

William Chang, Pennymac’s long-time capital markets leader, to "pursue other interests in the mortgage banking industry."

PennyMac Financial Services, Inc. and PennyMac Mortgage Investment Trust announced Thursday that William Chang will step down from his roles as Senior Managing Director and Chief Capital Markets Officer at PFSI, and Senior Managing Director and Chief Investment Officer at PM...