NAMB approves 1st Reverse Financial reverse mortgage course

National Mortgage Professional

Jul 12, 2007

Portellus offers CollateralLogic automated appraisal validationMortgagePress.comAutomated appraisal validation Portellus Inc. has announced that it will now offer CollateralLogic, a transaction-based service that automatically reviews appraisal reports against guidelines for fast, accurate risk identification and scoring. The solution will allow lenders and investors to mitigate risk, achieve best execution, minimize fraud and achieve straight-through processing of appraisal reviews. Headquartered in Irvine, Calif., Portellus Inc. is a provider of technology tools and services for the financial services industry. For more information, call (949) 250-9600 or visit www.portellus.com.

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Jul 12, 2007

Analysis and Data

RE/MAX: February Home Sales Rose 1st Time In 6 Months

Housing inventory levels increased year over year for the 10th consecutive month.

While they remain down 24.4% year over year, home sales in February increased 16.8% from January, according to a monthly report from RE/MAX. The national real estate company said the nearly 17% jump was the largest month-over-month increase in 11 months and ended a five-mo...

Analysis and Data

Goldman Sachs: Housing Affordability Biggest Challenge For Market

Says its housing affordability index is at an historically low level.

Affordability is the biggest challenge facing the U.S. housing market, according to strategists with Goldman Sachs Research. In a report included in its Briefings newsletter, the strategists said the Goldman Sachs Housing Affordability Index — which measures the extent to ...