UBS Home Finance approves DocuTech as doc provider

National Mortgage Professional

Mar 29, 2007

Aegis Home Equity selects Dorado POS solutionMortgagePress.comWholesale home equity Aegis Home Equity has selected Dorado Corporation's Enterprise Lending System for use on its wholesale home equity channel. "With Dorado's point of sale solution, we are able to streamline our processes, handle more volume and cut out unnecessary processing steps," said Aegis Home Equity President Kathy Kerstetter. Mesa, Ariz.-based Aegis Home Equity markets, underwrites, processes and funds second mortgage loans through its broker network. For more information, call (888) 734-1151 or visit www.aegishomeequity.com. San Mateo, Calif.-based Dorado Corporation is a provider of an on-demand network of home-lending applications and services. For more information, call (650) 227-7300 or visit www.dorado.com.

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Mar 29, 2007

Industry News

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 ...

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...