California industry appointments update - 11/5/2007

Nov 04, 2007

Industry executives form consulting firmMortgagePress.comMortgage consulting firms Erin Forbes and Cynthia Hamilton, mortgage industry executives with 27 and 15 years experience in the industry respectively, have announced the formation of Lenders Credit Consulting Group (LCCG). LCCG will provide consultancy services for loss mitigation/recovery, repurchase reviews and responses, early payment default review/investigation, risk management, due diligence audits/responses, fraud investigation and short sale qualification and negotiation, as well as provide expert testimony. LCCG is based in Orange County, Calif. For more information, call (949) 468-6147 or visit www.lenderscreditconsulting.com.

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Nov 04, 2007

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...

Analysis and Data

Home Price Growth Expected To Remain Stagnant

Redfin Home Price Index shows 0.6% growth month-over-month

Redfin’s latest Home Price Index (HPI) echoed the findings of other HPIs reflecting quarter-one data, with prices remaining on a slight incline across the U.S. Home prices climbed 0.6% nationally in March on a seasonally-adjusted basis, matching February’s 0.6% month-over...