Financial Freedom to offer LIBOR-indexed HECMs

National Mortgage Professional

Nov 06, 2007

Optimal Blue teams with Ellie MaeMortgagePress.comMortgage product eligibility and pricing software Optimal Blue and Ellie Mae have teamed to combine Optimal Blue's product eligibility and pricing engine with Ellie Mae's Encompass mortgage management system. Through the integration, Encompass users will be able to request a product and pricing decision from a lender or investor without leaving the system. Optimal Blue is a provider of product eligibility and pricing engine technology based in Plano, Texas. For more information, call (888) 899-2583 or visit www.optimalblue.com. Dublin, Calif.-based Ellie Mae is a software and services provider for the mortgage industry. For more information, call (877) 355-4362 or visit www.elliemae.com.

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Nov 06, 2007

Analysis and Data

RE/MAX: February Home Sales Rose 1st Time In 6 Months

Housing inventory levels increased year over year for the 10th consecutive month.

While they remain down 24.4% year over year, home sales in February increased 16.8% from January, according to a monthly report from RE/MAX. The national real estate company said the nearly 17% jump was the largest month-over-month increase in 11 months and ended a five-mo...

Analysis and Data

Goldman Sachs: Housing Affordability Biggest Challenge For Market

Says its housing affordability index is at an historically low level.

Affordability is the biggest challenge facing the U.S. housing market, according to strategists with Goldman Sachs Research. In a report included in its Briefings newsletter, the strategists said the Goldman Sachs Housing Affordability Index — which measures the extent to ...