MISMO implements eHereNow data validation solution, new standards

Jul 11, 2007

V12 Group acquires Direct Marketing AssociatesMortgagePress.comDirect marketing solutions V12 Group has announced its acquisition of Direct Marketing Associates. The terms of the transaction were not disclosed. Direct Marketing Associates' product offerings include mortgage data and direct mail programs, both of which will be added to the V12 Group suite of marketing solutions. Red Bank, N.J.-based V12 Group is a direct marketing solutions provider. For more information, call (866) 842-1001 or visit www.v12group.com. Delray Beach, Fla.-based Direct Marketing Associates is a provider of direct mail and telemarketing leads for the mortgage industry. For more information, call (877) 984-9400 or visit www.dmaleads.com.

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Jul 11, 2007

C-Suite Strategies

Kenny Phillips Succeeds Kevin DeLory As Chief Sales Officer At Equity Prime Mortgage

New CSO has ‘large shoes’ to fill, says EPM’s CEO; Phillips says new role will be an honor, but bittersweet

Atlanta-headquartered independent mortgage lender, Equity Prime Mortgage (EPM), has promoted Kenny Phillips to chief sales officer, filling a void left earlier this year by the passing of Kevin DeLory. "I couldn't be more confident in Kenny Phillips as he steps into the ...

Regulation and Compliance

Fed Holds Rates Steady As Economic Growth Stays Solid

Move comes amid continued pressure, frustration from President Trump

The Federal Reserve Board’s Federal Open Market Committee (FOMC) voted Wednesday to leave the target range for the federal funds rate unchanged at 4.25% to 4.50%, citing solid economic growth and a still-elevated inflation outlook. “Recent indicators suggest that economic...