Vertical Lend Inc. announces name change

National Mortgage Professional

Feb 04, 2008

TSS Software releases AbstractExpress 3.1MortgagePress.comdata management system, export title orders to laptops, work remotely TSS Software Corporation has announced the release of AbstractExpress 3.1, a data management system for title abstractors that focuses on giving the title abstractor greater flexibility. Users can export title orders to their laptops, work remotely from their primary systems at their main location, and e-mail information back and forth between the two sites. Additionally, users can enter client information as they gather it, and then transfer the data in an e-mail-friendly format or simply upload it when re-connected to the primary database. Annapolis, Md.-based TSS Software Corporation is an independently-owned provider of software and services for real estate title, settlement and abstracting companies. For more information, call (443) 321-5600 or visit www.iwanttss.com.

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Feb 04, 2008

Analysis and Data

Monthly Rental Costs Increase Putting Strain on Renters

Realtor.com reported Thursday that the median rent price hit $1,827 in April.

The relentless rise in the cost of rent continued in April with the 14th consecutive month of record setting prices. Realtor.com reported Thursday that the median rent price hit $1,827 in April, highlighting the affordability struggles reported by renters. “April data illu...

Industry News

Mortgage Industry Will Soon Be ARMed To The Teeth

ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.

According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at l...