Loan-Score Appoints David Colwell Executive Vice President

Sep 02, 2008

Federal Reserve Board publishes refi guide for consumersMortgagePress.comFederal Reserve Baord, refinance, eligibility requirements, A Consumer's Guide to Mortgage Refinancings The Federal Reserve Board (FRB) recently published A Consumer's Guide to Mortgage Refinancings. The guide, among other items, addresses the eligibility requirements for mortgage refinancing, discusses the costs of mortgage refinancing, and provides advice for consumers shopping for a new mortgage loan. For a copy of the FRB's guide, click here.

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Sep 02, 2008

Analysis and Data

Mortgage Industry Despairs Over Positive Jobs Report

Leading to 'crushed' expectations of another significant rate cut

The September jobs report came back with flying colors, adding far more jobs than Wall Street economists projected while the unemployment rate ticked down, leading to what can only be called a crushing defeat for mortgage professionals. In response, the average rate for the ...

People On The Move

Pennymac Shakes Up Capital Markets Team

William Chang, Pennymac’s long-time capital markets leader, to "pursue other interests in the mortgage banking industry."

PennyMac Financial Services, Inc. and PennyMac Mortgage Investment Trust announced Thursday that William Chang will step down from his roles as Senior Managing Director and Chief Capital Markets Officer at PFSI, and Senior Managing Director and Chief Investment Officer at PM...