BNY Mortgage offers fixed-rate jumbo reverse mortgage

National Mortgage Professional

Jun 10, 2007

Portellus CEO named Entrepreneur of the Year finalistMortgagePress.comErnst and Young Entrepreneur of the Year Portellus Inc. has announced that its chairman and CEO, John N. Le, has been named a finalist for Ernst & Young LLP's 2007 Entrepreneur of the Year Award. The awards program was designed to recognize outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic and growing businesses. Headquartered in Irvine, Calif., Portellus Inc. is a provider of technology tools and services for the financial services industry. For more information, call (949) 250-9600 or visit www.portellus.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...