National industry appointments update - 6/11/2007

Jun 10, 2007

MARI upgrades MIDEX databaseMortgagePress.comMortgage database The Mortgage Asset Research Institute (MARI) has released the newest version of its Mortgage Industry Data Exchange (MIDEX) database, MIDEX 2.5. MARI has improved the delivery of public, non-public and licensing information about mortgage professionals and companies, and better search processes and matching logic enable quicker responses and more relevant results. Reston, Va.-based MARI is a provider of mortgage fraud prevention solutions and information services to the mortgage and financial services industries. For more information, call (703) 620-6262 or visit www.mari-inc.com.

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Jun 10, 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...