THDA honors Guaranty Trust

National Mortgage Professional

Jul 10, 2007

Signature Mortgage tops $1.5 billion in home mortgagesMortgagePress.comOhio home mortgage lending Signature Mortgage Corporation has closed $1.5 billion in residential mortgages in 11 years of doing business, it was announced by the firm's president, Robert S. Catlin. "We are pleased to have reached this important milestone in a relatively brief period, because it signals that we have helped 7,000-plus area families become homeowners," said Catlin. Signature Mortgage Corporation is based in Canton, Ohio. For more information, call (800) 241-1996 or visit www.signature-financial.com.

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Jul 10, 2007

Analysis and Data

Monthly Rental Costs Increase Putting Strain on Renters

Realtor.com reported Thursday that the median rent price hit $1,827 in April.

The relentless rise in the cost of rent continued in April with the 14th consecutive month of record setting prices. Realtor.com reported Thursday that the median rent price hit $1,827 in April, highlighting the affordability struggles reported by renters. “April data illu...

Industry News

Mortgage Industry Will Soon Be ARMed To The Teeth

ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.

According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at l...