IndyMac enhances closing document process

Feb 28, 2007

Lender Lead Solutions adds pricing options to reverse mortgagesMortgagePress.comReverse mortgages Lender Lead Solutions has added pricing options to the Home Equity Conversion Mortgage (HECM) through its new Flex-Margin Advantage program. Flex-Margin Advantage provides brokers with the ability to structure rates and loan terms on monthly HECM reverse mortgage loans, in order to better fit the needs of each customer. Melville, N.Y.-based Lender Lead Solutions, a division of Vertical Lend, is a reverse mortgage services company. For more information, call (888) 775-3631 or visit www.lenderleadsolutions.com.

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Feb 28, 2007

Analysis and Data

High Home Prices Not Translating To Higher Seller Profits

Average profit margins decline for second year in a row, with Florida sellers hit hardest

According to ATTOM’s Year-End Home Sales report, 2024 marked the second consecutive year of declining home sale profits, falling to 53.8% in 2024 from 56.9% in 2023. Median seller profit for 2024 was $122,500 per home sale. Although an average of $122,500 is nothing to s...

People On The Move

Andy Ward Joins Guaranteed Rate Affinity As Originating Manager

Ward touts the company's access to more than 2,000 mortgage programs

Guaranteed Rate Affinity, exclusive partner to Coldwell Banker, today announced that Andy Ward has joined the company as an Originating Manager in Cottleville, Missouri. Ward brings 25 years of experience in the mortgage business to the role. "Andy is a great addition to ...