SettlementOne launches appraisal service

Dec 07, 2006

Ellie Mae launches Encompass Custom Edition and Contour Migration WizardMortgagePress.comLoan origination systems Ellie Mae has launched Encompass Custom Edition, a highly configurable version of its Encompass loan origination system. It features a custom input form builder, business process management and process-to-process integration. In addition, Ellie Mae has introduced the Contour Migration Wizard, designed to optimize the transfer of data from the Contour loan origination system to Encompass. Dublin, Calif.-based Ellie Mae is a software and services provider for the mortgage industry. For more information, call (877) 355-4362 or visit www.elliemae.com.

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Dec 07, 2006

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

Analysis and Data

Existing Home Sales Decline By 4.3% In March

Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors

Fewer people bought homes this March than the month before and during March 2023, a new report from the National Association of Realtors (NAR) reveals. Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. Year...