Seamless integration between MortgageDashboard and Office XSites by a la mode

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.

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Aug 03, 2008

People On The Move

Figure Technology Solutions Names Michael Tannenbaum New CEO

Founder and former CEO, Mike Cagney, assumes the role of executive chairman.

Figure Technology Solutions (FTS), parent company of five-days-to-close HELOC originator, Figure Lending, announced today the appointment of Michael Tannenbaum as chief executive officer (CEO) and a member of the Board of Directors. Co-founder and previous CEO of the company...

Analysis and Data

Monthly, Yearly Jump In New Home Sales In March

The growth coincides with roughly a quarter of builders saying they cut prices last month.

Sales of newly built, single-family homes in March jumped 8.8% month-over-month, reaching a seasonally adjusted annual rate of 693,000 units compared to February's revised 637,000 units, according to data released jointly today by the U.S. Census Bureau and the Department of...