Connecticut industry appointments update - 11/5/2007

National Mortgage Professional

Nov 04, 2007

Arizona industry appointments update - 11/5/2007MortgagePress.comArizona mortgage industry positions • IndyMac Bank's mortgage bank has hired as business development managers Denise Arana for the GrupoMac division's Phoenix region; and Tommy Maestas for the wholesale lending division's Phoenix region.

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Nov 04, 2007

Industry News

PennyMac Cutting 207 Jobs

A wide variety of positions are affected.

California-based PennyMac Financial Services Inc., a mortgage originator and servicer, will cut 207 jobs in the Golden State. According to Worker Adjustment and Retraining Notification (WARN) notices submitted to California’s Employment Development Department, 59 loan offic...

Analysis and Data

New-Home Sales Continue To Slide In April

Rising mortgage rates & home prices reducing affordability, even as supply grows.

As rising rates and prices curb the affordability of housing, new-home sales continued to decline in April, falling nearly 17% from a month earlier. According to data released jointly today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, ...