Chase sponsors TV series for Chinese immigrants

Mar 29, 2007

OpenClose user base increases by 1,000 per monthMortgagePress.comMortgage software Beanstalk Networks LLC has reported an increase in unique users of its OpenClose mortgage software at a rate of approximately 1,000 per month, bringing the subscriber base to more than 35,000 in February. The company credits its growth to strong interest in its Web-based mortgage software line—particularly Decision Assist, its enterprise rules management and product and pricing solution. West Palm Beach, Fla.-based Beanstalk Networks LLC is a software developer and data center focused on the financial services industry. For more information, call (800) 655-6188 or visit www.beanstalknetworks.com.

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Mar 29, 2007

Analysis and Data

Mortgage Industry Despairs Over Positive Jobs Report

Leading to 'crushed' expectations of another significant rate cut

The September jobs report came back with flying colors, adding far more jobs than Wall Street economists projected while the unemployment rate ticked down, leading to what can only be called a crushing defeat for mortgage professionals. In response, the average rate for the ...

People On The Move

Pennymac Shakes Up Capital Markets Team

William Chang, Pennymac’s long-time capital markets leader, to "pursue other interests in the mortgage banking industry."

PennyMac Financial Services, Inc. and PennyMac Mortgage Investment Trust announced Thursday that William Chang will step down from his roles as Senior Managing Director and Chief Capital Markets Officer at PFSI, and Senior Managing Director and Chief Investment Officer at PM...