NAMB industry alert: Changes at Experian and Equifax expected to increase costs and decrease access to credit for marginal borrowers

Dec 11, 2006

Capstone Institute launches style and image development divisionMortgagePress.comMortgage brand development,customer service Capstone Institute of Mortgage Finance has launched its Professional Spirit division, which will assist mortgage companies and professionals in the area of style and image development. Kathy Lewis, Capstone's CEO and a former professional model, will act as president of the division. Darlene Wofford, a Certified Image Consultant, will serve as division director. Marietta, Ga.-based Capstone Institute of Mortgage Finance is a training institute serving the mortgage banking and real estate industries. For more information, call (800) 229-8556 or visit www.capstoneinstitute.com.

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Dec 11, 2006

Tech

ServiceLink Enhances Its Digital Closing Solution

EXOS Close allows lenders and borrowers to choose ‘when, where, and how’ they close

Digital mortgage services provider, ServiceLink, announced enhancements to its EXOS Close technology designed to provide more flexibility for lenders and borrowers using the technology to schedule their closings. Enhancements include new options for online and in-branch c...

Analysis and Data

Moody’s Downgrades Fannie And Freddie Following U.S. Sovereign Credit Cut

Outlooks for both GSEs revised from negative to stable

Moody’s has downgraded the long-term senior unsecured debt ratings of Fannie Mae and Freddie Mac to Aa1 from Aaa, following its May 16 downgrade of the U.S. government. The outlooks for both agencies were revised from negative to stable, signaling no immediate expectation of...