Portellus CEO named Entrepreneur of the Year finalist

National Mortgage Professional

Jun 10, 2007

Pinnacle Financial provides anti-foreclosure resources to sub-prime borrowersMortgagePress.comSub-prime borrower education Pinnacle Financial Corporation has launched the "SOS: Solutions Out of Subprime" program, to aid sub-prime borrowers in avoiding foreclosure. The program includes the distribution of a free, educational consumer booklet (available in English and Spanish), a toll-free help line and free seminars. Pinnacle Financial Corporation is a mortgage lender based in Orlando, Fla. For more information, call (800) 421-5626 or visit www.pinnaclefinancial.com.

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Jun 10, 2007

Analysis and Data

U.S. Added 528,000 Jobs In July

With upward revisions for May & June as well, there's no sign the jobs market is slowing.

If the U.S. economy is in a recession, someone forgot to tell the jobs market. According to the latest report from the U.S. Bureau of Labor Statistics, the U.S. added a staggering 528,000 jobs in July. That’s more than double economists’ estimates and nearly 15% above the a...

Industry News

Redfin 2Q Revenues Up, Profits Down

Company officials said that in the third quarter they expect total revenue between $590 million and $627 million.

Technology-powered real estate company Redfin Corp. announced its second quarter earnings Thursday after the close of the stock market. The company, which laid off about 6% of it’s workforce in June due to a downturn in home purchases as interest rates increased at the fast...