Alabama industry appointments update - 7/5/2007

National Mortgage Professional

Jul 04, 2007

NYLX releases product eligibility and pricing engineMortgagePress.comMortgage eligibility and pricing engines NYLX Inc. has unveiled BrokerToolz, an all-in-one product eligibility and pricing engine that allows mortgage brokers to price and make loan decisions instantly. The Web-based system allows brokers to accurately select and price loans on demand, 24 hours a day, eliminating the need for rate sheets. Mount Arlington, N.J.-based NYLX Inc. is a provider of on-demand point-of-sale product eligibility and pricing technology systems for the mortgage industry. For more information, call (866) 557-6959 or visit www.nylx.com.

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Jul 04, 2007

People On The Move

Keeping Current Matters Names Ratiu Chief Economist

Held similar positions with Realtor.com and NAR.

Keeping Current Matters (KCM), a Richmond, Va.-based market insight education and content provider for the real estate industry, said Thursday it has named George Ratiu the company’s chief economist. George RatiuRatiu brings decades of experience...

Analysis and Data

Fannie Mae: Banking System Instability Could Cause Recession

ESR Group says housing activity expected to remain subdued.

The U.S. economy will not see a repeat of the 2008 financial crisis this year, but a “modest recession” is still on the horizon, according to the latest projections by Fannie Mae’s Economic and Strategic Research (ESR) Group. The ESR Group on Friday revised upward its first...