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

Courts

NEXA's Drawn-Out Legal Battle With Smart Mortgage Centers Gets Dismissed

Lawsuit over alleged "stolen" client information gets dismissed due to a lack of evidence

NEXA Mortgage LLC and its processing company, Secured Mortgage Processing (SMP), scored a major victory yesterday, Sept. 19, in the companies' drawn-out legal battle with Smart Mortgage Centers Inc. after the Twelfth Circuit Court of Illinois dismissed the case for a lack of...

Analysis and Data

Mortgage Payments See Highest Decline Since May 2020

Impact of Fed rate cut on mortgage rates not yet tangible

Housing payments made their sharpest drop in more than four years during the week leading up to the Federal Reserve’s highly anticipated rate cut. While affordability is rising, the impact of the Fed's decision on mortgage rates and the housing market has yet to pan out. ...