Seamless integration between MortgageDashboard and Office XSites by a la mode

National Mortgage Professional

Aug 03, 2008

First Houston announces new affiliate branch MortgagePress.comMid America Mortgage Consultants, loan pricing, cohesive paperless lending platform First Houston Mortgage Ltd. announced the addition of Mid America Mortgage Consultants as its newest affiliate branch. As an addition to First Houston, Mid America Mortgage Consultants is provided with full access to First Houston's enhanced loan pricing, cohesive paperless lending platform; complete in-house underwriting system; and its offshore facility in India, which offers additional loan processing support. "Being an affiliate of First Houston's better enables us to focus on originating more loans by reducing time-intensive, back-office activities that overwhelm most lenders," said Garret Knox, branch manager of Mid America Mortgage Consultants. Houston-based First Houston Mortgage Ltd. is a mortgage-banking firm licensed in 20 states. For more information, call (877) 232-2461 or visit www.firsthouston.com. St. Louis-based Mid America Mortgage Consultants is a mortgage lender servicing Missouri. For more information, call (636) 529-9300 or visit missourimtg.com.

Link copied

Published

Aug 03, 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...