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

Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

The September jobs report gave the mortgage market something it hasn't had much of lately: downward pressure on Treasury yields.U.S. employers added just 29,000 jobs in September, while the unemployment rate edged up to 4.2%, according to the Bureau of Labor Statistics. The ...

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The Loan Store Rebrands As Averra Financial

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The Loan Store has a new name after a three-year expansion that transformed the once-small wholesale lender into one of the largest players in the broker channel.The Tucson, Arizona-based lender has rebranded as Averra Financial Inc., effective immediately, the company annou...

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