Calyx Software enhances I-Update

Aug 01, 2007

McMahon Mortgage merges with Residential MortgageMortgagePress.comCalifornia mortgage companies McMahon Mortgage Group (MMG) has merged with Residential Mortgage Corporation (RMC). "We have been aligned with RMC for nearly four years now," said MMG President Don McMahon. "RMC brings significant resources to our mortgage clientele, including many more loan programs and innovations that will provide abundantly more value." "MMG is an ideal fit for RMC," said RMC President John Anderson. "They focus on innovative client solutions and strategic planning that blends well with our mortgage management advisory concepts." RMC is a mortgage company based in Los Olivos, Calif. For more information, call (800) 203-6606 or visit www.reloans.com.

About the author

National Mortgage Professional

Link copied

Published

Aug 01, 2007

Analysis and Data

Mortgage Industry Despairs Over Positive Jobs Report

Leading to 'crushed' expectations of another significant rate cut

The September jobs report came back with flying colors, adding far more jobs than Wall Street economists projected while the unemployment rate ticked down, leading to what can only be called a crushing defeat for mortgage professionals. In response, the average rate for the ...

People On The Move

Pennymac Shakes Up Capital Markets Team

William Chang, Pennymac’s long-time capital markets leader, to "pursue other interests in the mortgage banking industry."

PennyMac Financial Services, Inc. and PennyMac Mortgage Investment Trust announced Thursday that William Chang will step down from his roles as Senior Managing Director and Chief Capital Markets Officer at PFSI, and Senior Managing Director and Chief Investment Officer at PM...