The Mortgage Motivator: How to make money

Aug 13, 2007

Countrywide pledges support to Homeownership Preservation FoundationMortgagePress.comForeclosure prevention resources Countrywide Financial Corporation has pledged $150,000 to the Homeownership Preservation Foundation, which will help the foundation continue to expand its homeowner services, including its free foreclosure prevention hotline, (888) 995-HOPE. In addition, Countrywide Financial Corporation's executive managing director, Sandor E. Samuels, has been appointed to serve on the foundation's board of directors. Countrywide Financial Corporation is a diversified financial services holding company based in Calabasas, Calif. For more information, call (818) 225-3000 or visit http://my.countrywide.com. The Homeownership Preservation Foundation, based in Minneapolis, is a non-profit organization dedicated to reducing foreclosures among American homeowners. For more information, call (952) 857-8910 or visit www.995hope.org.

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Aug 13, 2007

People On The Move

Figure Technology Solutions Names Michael Tannenbaum New CEO

Founder and former CEO, Mike Cagney, assumes the role of executive chairman.

Figure Technology Solutions (FTS), parent company of five-days-to-close HELOC originator, Figure Lending, announced today the appointment of Michael Tannenbaum as chief executive officer (CEO) and a member of the Board of Directors. Co-founder and previous CEO of the company...

Analysis and Data

Monthly, Yearly Jump In New Home Sales In March

The growth coincides with roughly a quarter of builders saying they cut prices last month.

Sales of newly built, single-family homes in March jumped 8.8% month-over-month, reaching a seasonally adjusted annual rate of 693,000 units compared to February's revised 637,000 units, according to data released jointly today by the U.S. Census Bureau and the Department of...