Mortgage Lending News     Click to continue . . .

  •   Mortgage Applications Increase In Latest MBA Weekly Survey
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 10, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 489.3, an increase of 5.1 percent on a seasonally adjusted basis from 465.5 one week earlier. On an unadjusted basis, the Index increased 5.4 percent compared with the previous week and was down 17.0 percent compared with the same week one year earlier.
Mortgage Bankers Association of America,Sarah Tinsley,Washington District of Columbia  10/15/2008

  •   As Fha Loan Volume Soars, Lenders` Access To Fha-ready Mortgage Origination Systems Found To Be Key To Survival
Ellie Mae sees rise from 11% to 35% of FHA loans going through its Encompass LOS
Ellie Mae Inc.,David Lewis,Pleasanton California  10/15/2008

  •   Expert Group, Inc. Expands Mortgage Broker And Telemarketing Staff To Increase Loan Originations
Expert Group, Inc. (Pink Sheets: EXPT) is pleased to announce that the Company has added in-house telemarketers to its retail real estate operation and increased the number of employees in its brokerage division.
Expert Group, Inc. ,Investor Relations,Miami Fl  10/15/2008

  •   Homeowner Advocate Demands Justice For America's Consumer
Ted Krager Blows the Whistle on the Mortgage Industry and Exposes Money-Saving Tactics!
Ted Krager,Jeannie McLaughlin,Dallas Tx  10/15/2008

  •   Homeowners Warned Of Phony Foreclosure Prevention Hotlines
Homeownership Preservation Foundation President Affirms 888-995-HOPE(TM) is the Only official Homeowner's HOPE(TM) Hotline
Homeownership Preservation Foundation,Sarabeth Patch,Washington Dc  10/15/2008

  •   New Credit Card Behavior Study From S&p Highlights Growing Strain On American Consumers
As the downturn in the economy deepens, U.S. credit card users are increasingly having a difficult time managing their personal debt according to the results of a new survey by Standard & Poor's about how American consumers use credit cards to manage personal debt.
Standard & Poor's ,Ed Sweeney,New York Ny  10/15/2008