Countrywide donations to NeighborWorks exceed $500,000

National Mortgage Professional

Sep 07, 2006

ImageX Document Solutions introduces digital imaging serviceMortgagePress.comDigital imaging services, ImageX ImageX Document Solutions Inc. has introduced a service that converts closing documents into digital images that are then recorded onto password-protected and encrypted CDs. ImageX then offers the option of distributing individual CDs for each closing document or a master CD containing all closing documents directly to the mortgage professional's client or the mortgage professional's office. In addition, advertising material, such as the mortgage professional's contact information and the contact information of business partners, may be included on each CD in order to generate referrals. Long Beach, Calif.-based ImageX Document Solutions Inc. is a document-scanning company specializing in financial, legal, medical and other professional industries. For more information, call (562) 961-7000 or visit www.imagexds.com.

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Sep 07, 2006

Analysis and Data

May Sees Largest Monthly Slowdown In Home Price Growth Since 2006

As of May 19, the share of median income required to make the P&I payment had climbed to 33.7%, just shy of the 34.1% high reached in July 2006.

Black Knight’s Monthly Monitor Report, released today, found that May marked the second-consecutive month of cooling at the national level. However, even with growth slowing in 97 of the top 100 U.S. markets, overall home prices still rose 1.5% from April. According to Blac...

Industry News

Redwood Trust Completes Merger With Riverbend

Acquisition plans originally announced April 28th.

Redwood Trust Inc. says its has completed the previously announced acquisition of Riverbend Funding LLC, a private mortgage lender to residential transitional and commercial real estate investors, in an all cash transaction on Tuesday. The transaction, which initially was ...