Industry News

Guaranteed Home Mortgage opens Turnersville, N.J. branch

National Mortgage Professional
Jan 09, 2007

CIS expands into Arizona and MarylandMortgagePress.comCredit reporting companies CIS has purchased Lender's Credit Services and Pyramid Credit, thereby acquiring offices in Baltimore and Tempe, Ariz., respectively. Allamuchy, N.J.-based CIS is a credit reporting company focused on servicing the mortgage origination industry. For more information, call (800) 275-7722 or visit www.cisinfo.net.
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Jan 09, 2007
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Guild Mortgage Announces Medical Professional Mortgage Program

Guild Mortgage introduced a new mortgage product to help medical professionals buy their first home with no down payment.

With Guild Mortgage's new program, the company states that qualified medical professionals, including those who have just graduated from medical school, can qualify for a home loan with up to 100% financing, no required mortgage insurance, and the ability to exclude student ...

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Analysis and Data
CoreLogic Reports Housing Prices May Be Reaching Their Peak

"August data also suggests that the growth in housing prices, while still very strong, may be beginning to decelerate," says Craig J. Lazzara.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all 9 U.S. census divisions, reported a 19.8% annual gain in August, remaining the same as the previous month. The 10-City Composite increase came in at 18.6%, down from 19.2% the previous mo...

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