Interthinx acquires NIA Consulting

National Mortgage Professional

Nov 01, 2007

HOPE NOW announces new membersMortgagePress.comForeclosure prevention resources HOPE NOW has announced that the American Bankers Association, America's Community Bankers and EMC Mortgage have joined the newly formed alliance. In addition, Faith Schwartz, senior vice president of enterprise risk and public affairs for Option One Mortgage Corporation, has agreed to serve as HOPE NOW's project manager and coordinator. Washington, D.C.-based HOPE NOW is a cooperative effort between counselors, investors, lenders and other mortgage professionals to maximize outreach efforts to homeowners in distress. For more information, visit www.hopenow.com.

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Nov 01, 2007

Analysis and Data

U.S. Added 528,000 Jobs In July

With upward revisions for May & June as well, there's no sign the jobs market is slowing.

If the U.S. economy is in a recession, someone forgot to tell the jobs market. According to the latest report from the U.S. Bureau of Labor Statistics, the U.S. added a staggering 528,000 jobs in July. That’s more than double economists’ estimates and nearly 15% above the a...

Industry News

Redfin 2Q Revenues Up, Profits Down

Company officials said that in the third quarter they expect total revenue between $590 million and $627 million.

Technology-powered real estate company Redfin Corp. announced its second quarter earnings Thursday after the close of the stock market. The company, which laid off about 6% of it’s workforce in June due to a downturn in home purchases as interest rates increased at the fast...