Calyx Software enhances I-Update

National Mortgage Professional

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.

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Aug 01, 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 ...