Illinois industry appointments update - 11/5/2007

National Mortgage Professional

Nov 04, 2007

Chase opens mortgage office in Princeton, N.J.MortgagePress.comMortgage lenders in New Jersey Chase has opened a mortgage office in Princeton, N.J., located at 821 Alexander Road, and hired five mortgage professionals, each with 15-25 years of experience, to staff it. "We want to provide additional mortgage expertise for homebuyers and real estate professionals in the vibrant Princeton area," said Darin Lugat, Chase's area manager for Mercer and Middlesex counties. "We've recruited talented people, to help consumers select the right mortgage for their homes." New York-based Chase is a home equity lender and subsidiary of JPMorgan Chase. For more information, visit www.chaseb2b.com.

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Nov 04, 2007

People On The Move

Keeping Current Matters Names Ratiu Chief Economist

Held similar positions with Realtor.com and NAR.

Keeping Current Matters (KCM), a Richmond, Va.-based market insight education and content provider for the real estate industry, said Thursday it has named George Ratiu the company’s chief economist. George RatiuRatiu brings decades of experience...

Analysis and Data

Fannie Mae: Banking System Instability Could Cause Recession

ESR Group says housing activity expected to remain subdued.

The U.S. economy will not see a repeat of the 2008 financial crisis this year, but a “modest recession” is still on the horizon, according to the latest projections by Fannie Mae’s Economic and Strategic Research (ESR) Group. The ESR Group on Friday revised upward its first...