Macquarie Mortgages USA releases cash-flow calculator

May 24, 2006

Merchants Information Solutions introduces Turn Down Resolution ServicesMortgagePress.comCredit reporting, sub-prime loans, Merchants Information Solutions Merchants Information Solutions Inc. has launched a program designed to help mortgage industry professionals keep their sub-prime loan applications from being declined. Turn Down Resolution Services uses Merchants' Credit Detective, Credit Essentials and What-If Simulator tools and the assistance of a representative certified under the Fair Credit Reporting Act to help approve sub-prime loans that might otherwise be declined or offer loans with lower rates to sub-prime applicants. Merchants Information Solutions Inc. is a credit information and collections management company based in Phoenix. For more information, call (602) 744-3700 or visit www.merchantsinfo.com.

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May 24, 2006

Analysis and Data

Monthly, Yearly Jump In New Home Sales In March

The growth coincides with roughly a quarter of builders saying they cut prices last month.

Sales of newly built, single-family homes in March jumped 8.8% month-over-month, reaching a seasonally adjusted annual rate of 693,000 units compared to February's revised 637,000 units, according to data released jointly today by the U.S. Census Bureau and the Department of...

Analysis and Data

Home Price Growth Expected To Remain Stagnant

Redfin Home Price Index shows 0.6% growth month-over-month

Redfin’s latest Home Price Index (HPI) echoed the findings of other HPIs reflecting quarter-one data, with prices remaining on a slight incline across the U.S. Home prices climbed 0.6% nationally in March on a seasonally-adjusted basis, matching February’s 0.6% month-over...