FDIC and NeighborWorks partner against foreclosures

National Mortgage Professional

Aug 07, 2007

Calyx Software enhances I-UpdateMortgagePress.comCalyx Point Calyx Software has released the latest version of its I-Update program, which updates the Calyx Network in Calyx Point versions 5.2 and higher. The update installs automatically and adds new vendors to the lenders, services and interfaces menus in Calyx Point. It also updates existing connections as needed. San Jose, Calif.-based Calyx Software is a developer of software designed for mortgage brokers and direct lenders. For more information, call (408) 997-5525 or visit www.calyxsoftware.com.

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Aug 07, 2007

Regulation and Compliance

Fed OKs 10th Rate Hike In 12 Months

Boosts federal funds rate by another 25 basis points.

In its efforts to battle stubbornly high inflation while also balancing the needs of an unsteady banking industry, the Federal Reserve on Wednesday decided to boost its benchmark interest rate by another quarter point. The announcement came at the conclusion of the Federal ...

People On The Move

BSI Financial Hires Mr. Cooper's President, COO

Industry veteran Harold Lewis will hold the same titles at BSI.

BSI Financial Services, an Irving, Texas-based mortgage operating platform, said Wednesday it has named Harold Lewis as its president and chief operating officer. In the newly created position, Lewis will be responsible for scaling BSI Financial's platform and delivering va...