Arizona industry appointments update - 9/29/2006

Sep 28, 2006

New York industry appointments update - 9/29/2006MortgagePress.comNew York mortgage industry positions " Guaranteed Home Mortgage Company Inc. has appointed Rudy Batista to be the branch manager of its new Lawrence, Mass. location.

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Sep 28, 2006

Courts

NEXA's Drawn-Out Legal Battle With Smart Mortgage Centers Gets Dismissed

Lawsuit over alleged "stolen" client information gets dismissed due to a lack of evidence

NEXA Mortgage LLC and Secured Mortgage Processing (SMP), scored a major victory yesterday, Sept. 19, in the companies' drawn-out legal battle with Smart Mortgage Centers Inc. when the Twelfth Circuit Court of Illinois dismissed the case for a lack of evidence. In the ini...

Analysis and Data

Mortgage Payments See Highest Decline Since May 2020

Impact of Fed rate cut on mortgage rates not yet tangible

Housing payments made their sharpest drop in more than four years during the week leading up to the Federal Reserve’s highly anticipated rate cut. While affordability is rising, the impact of the Fed's decision on mortgage rates and the housing market has yet to pan out. ...