Nevada industry appointments update - 10/26/2007

Oct 25, 2007

LSSI releases electronic disclosure systemMortgagePress.comElectronic mortgage disclosure software Lender Support Systems Inc. (LSSI) has released eZPrelim, an electronic disclosure solution. The software is compatible with all major loan origination systems and offers manual and automated delivery options, provides reports on pending and archived disclosure packages and establishes evidence of electronic signature compliance. It also includes direct marketing features. Poway, Calif.-based LSSI is a provider of lending and loan-servicing technology solutions to mortgage lenders and service providers. For more information, call (858) 268-7100 or visit www.lendersupport.com.

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Oct 25, 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...