SCME Mortgage Bankers opens first East Coast branch

Mar 07, 2007

National industry appointments update - 3/1/2007MortgagePress.comNational mortgage industry positions • Creative Mortgage Lending has named Tim Hose national sales manager. • Stewart Transaction Solutions' Tim Anderson has joined the 2007 Mortgage Bankers Association Residential Technology Steering Committee's eMortgage Adoption Task Force. • SCME Mortgage Bankers Inc. has hired Bob Bothereau as senior vice president of risk management and Dennis Walls as senior vice president and eastern division production manager. • Old Republic National Title Insurance Company has announced the promotions of Albert G. Boyce to vice president and counsel of its National Services Group and Elaine Layton to vice president and deputy general counsel. • Viviana Castilla-Collado has joined First Allied Mortgage Bankers as senior mortgage advisor. • ComplianceEase has promoted Nina Travinsky to vice president of sales. • Interthinx has hired Jeff Walker as manager of compliance.

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Mar 07, 2007

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...