Mortgage Coach and Strategic Equity create Web-based solution

National Mortgage Professional

Jul 12, 2007

Vertice introduces high-LTV offeringMortgagePress.comHigh LTV mortgage loans Vertice has introduced the Liberty Plus Single Loan, which offers a flexible solution for mortgage brokers who want to offer high loan-to-value products. The loan is available for 15- and 30-year fixed-rate and 5/1 LIBOR adjustable-rate mortgage products, including full- and alt-doc, stated, no-ratio, no-income/no-asset verification and interest-only options. San Diego-based Vertice is a wholesale mortgage lender and subsidiary of Wachovia Securities. For more information, call (888) 373-3974 or visit www.verticelending.com.

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Jul 12, 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...