40 state agencies commit to nationwide mortgage licensing system

Jan 27, 2008

Lender Lead Solutions launches new productsMortgagePress.comfixed-rate HECM product, fixed interest rate, LIBOR 85, Flex Margin Advantage product line Lender Lead Solutions introduced its first fixed-rate HECM product. The new product offers the assurance of a fixed interest rate for the life of the loan, eliminates rate fluctuations and has maturity conditions similar to those of a traditional HECM. Lender Lead Solutions also expanded their LIBOR 85 product offering within its Flex Margin Advantage product line. Its basis point margin pays a premium to the broker and provides increased liquidity to the consumer. Melville, N.Y.-based Lender Lead Solutions, a division of Vertical Lend, is a reverse mortgage services company. For more information, call (888) 775-3631 or visit www.lenderleadsolutions.com.

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Jan 27, 2008

Analysis and Data

It's A Buyers' Market In Texas And Florida!!!

Redfin says sellers are cutting their asking prices in the two southern states.

Two states in particular are experiencing a ballooning supply of homes for sale this spring, paired with modest price cuts to entice buyers. A new report from Redfin indicates that housing supply is surging in Florida and Texas, and sellers are cutting their asking prices...

Analysis and Data

Pending Home Sales Climbed 3.4% In March

National Association of Realtors reports gains in Northeast, South and West, with a slight drop in the Midwest

Homes under contract are rising at a cautiously hopeful pace this spring. The National Association of Realtors’ Pending home Sales Index climbed 3.4% in March, increasing to 78.2. Year-over-year, pending transactions were up 0.1%. “March's Pending Home Sales Index – at...