NAMB West postponed until fall '07

Jun 08, 2006

SMR Financial introduces recession survival kitMortgagePress.comLuxury mortgage lending, SMR Financial Services In the face of rising interest rates, large-scale layoffs and a weak stock market, which it asserts are signs of an inevitable mortgage recession, SMR Financial Services has introduced the Mortgage Recession Survival Kit, a step-by-step program designed to help loan originators and brokers tap the "recession-proof" luxury home market. "The Mortgage Recession Survival can give you the tools you'll need to not only survive the mortgage recession, but learn how to earn commissions of more than $20,00 per deal in just seven days after putting the system to work," said Sean Reynolds, president of SMR Financial Services. SMR Financial Services is a luxury home lender based in San Clemente, Calif. For more information, call (800) 766-0665 or visit www.smrfinancial.com.

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Jun 08, 2006

Analysis and Data

Mortgage Applications Fall After Rate-Jump

Refinance applications still 159% higher on an annual basis, reflecting last year's record lows

In the wake of a positive jobs report and subsequent rise in mortgage rates, more prospective borrowers held back this past week. Mortgage applications fell by 5.1% the week ending October 4, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applicati...

People On The Move

Mr. Cooper Adjusts Leadership To Drive Digital Strategy

The Dallas-based mortgage servicer welcomes several data-driven positions to hone in on digital innovation

Mr. Cooper announced today several senior leadership updates as the company continues to invest in new technologies and artificial intelligence. Sridhar Sharma will assume the role of Executive Vice President and Chief Innovation and Digital Officer. Sharma, who has been...