Public Savings Bank opens PSB 1031 subsidiary

National Mortgage Professional

Jul 10, 2007

Credit Plus improves credit score prediction programMortgagePress.comCredit scoring tools Credit Plus Inc. has improved its scoring tool, ScoreWizard. With the enhancement, changes to credit reports can be simulated and consumers can be shown how their credit scores would change over the next 30 days if such changes were made. Salisbury, Md.-based Credit Plus Inc. is a provider of mortgage information solutions. For more information, call (800) 258-3488 or visit www.creditplus.com.

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Jul 10, 2007

Reverse

Reverse Mortgage Funding Lays Off 400

Lender cut 80% of staff a week after pausing mortgage originations.

One week after deciding to “pause” all of its mortgage originations, Reverse Mortgage Funding LLC (RMF) laid off 80% of its staff on Tuesday. Various social media posts by former employees maintained that the company, based in Bloomfield, N.J., had closed, but that is not t...

Regulation and Compliance

2023 Conforming Loan Limit Tops $1M For High-Cost Areas

FHFA said the baseline conforming loan limit will increase 12% next year.

With home prices nationwide rising for a record 128 consecutive months, it’s no surprise the federal government will raise the limits for loans it will back by 12% in 2023. What may shock some about the new conforming loan limit (CLL) values for mortgages to be acquired by ...