HSH Market Trends report: Stability for fixed mortgage rates

May 11, 2008

Jason Gillespie joins Southwest Securities as SVP, mortgage purchase credit managerMortgagePress.comSouthwest Securities FSB, Jason Gillespie, Jason Gillespie, CMB, has joined the national mortgage purchase division of Southwest Securities FSB as senior vice president, mortgage purchase credit manager. Gillespie has nearly two decades of experience in finance and mortgage banking. His background includes production, secondary marketing, operations, credit management and compliance. Along with his designation of Certified Mortgage Banker (CMB), he is also a graduate of the School of Mortgage Banking and the Future Leaders Class of 2006 of the Mortgage Bankers Association (MBA). Gillespie serves on both the Loan Production and Secondary Marketing committees for the MBA and has been an instructor at the School of Mortgage Banking. For more information, visit www.swsgroupinc.com.

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May 11, 2008

Analysis and Data

Homes With Negative Equity Jump In Third Quarter

“I am surprised to have seen some of the increases in home prices," CoreLogic's chief economist says.

With home prices projected to enter a period of deceleration over the course of 2025 and 2026, a new report shows that the share of negative equity rose in the U.S. from the second quarter to the third quarter — the first quarterly rise since the fourth quarter of 2022. W...

People On The Move

Jason Lee New President Of The Loan Store

The former Flagstar Executive to steer The Loan Store through next phase of "aggressive growth"

The Loan Store, a leading wholesale mortgage lender, has tapped industry veteran Jason Lee to be its new president. With a career spanning more than two decades in the mortgage and banking industries, Lee is expected to bring expertise in capital markets, leadership, and ...