TeraVendo partners with America's Lead Source

Mar 29, 2007

UBS Home Finance approves DocuTech as doc providerMortgagePress.comMortgage lending document providers DocuTech Corporation has made loan-closing documents approved by UBS Conduit Correspondent Lending available to correspondents via its ConformX Web-based system. ConformX enables the secure delivery of print, e-mail and Web-posting options from any Internet-enabled computer. Idaho Falls, Idaho-based DocuTech Corporation is a provider of compliance services and documentation technology to the mortgage industry. For more information, call (800) 497-3584 or visit www.docutechcorp.com. New York-based UBS Conduit Correspondent Lending is the correspondent mortgage finance platform of UBS Real Estate Securities Inc., a subsidiary of Switzerland-based financial firm UBS. For more information, call (212) 713-2779 or visit www.ubs.com/conduit.

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Mar 29, 2007

Analysis and Data

Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

The September jobs report gave the mortgage market something it hasn't had much of lately: downward pressure on Treasury yields.U.S. employers added just 29,000 jobs in September, while the unemployment rate edged up to 4.2%, according to the Bureau of Labor Statistics. The ...

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The Loan Store Rebrands As Averra Financial

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The Loan Store has a new name after a three-year expansion that transformed the once-small wholesale lender into one of the largest players in the broker channel.The Tucson, Arizona-based lender has rebranded as Averra Financial Inc., effective immediately, the company annou...

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