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DocuTech and PCLender.com Form Strategic Alliance, Streamline Mortgage
dBusinessNews.com - Paperless processing and seamless integration allow lenders and brokers using InHouse Mortgage with DocuTech s ConformX to benefit from the increased speed with which loans can be originated and processed. This new alliance also makes DocuTech s
Source: boise.dbusinessnews.com

Housing construction expected to fall as supply of unsold homes builds
MSNBC - Housing developers are being squeezed by tighter lending standards for borrowers trying to get mortgage loans. In response to weak demand, developers are cutting prices and offering incentives to cope with a mounting supply of unsold homes. The
Source: www.msnbc.msn.com

Bear Stearns hedge funds near shutting down: report
MSN MoneyCentral - NEW YORK (Reuters) - Two Bear Stearns Cos. hedge funds that invested heavily in securities backed by subprime mortgage loans are close to being shut down as a rescue plan is falling apart, The Wall Street Journal Online reported on Wednesday. Merrill
Source: news.moneycentral.msn.com

Mortgages Give Wall St. New Worries
Ledger - After the first cracks in the subprime mortgage business appeared late last year, several large lenders were forced into bankruptcy. Now, the stress is sending tremors down Wall Street, as investment funds that bought a stake in those loans are
Source: www.theledger.com

HomeBanc Mortgage Corp. Celebrates Tennessee Grand Opening
MSN MoneyCentral - HomeBanc Mortgage, a mortgage banking company that focuses on originating purchase money residential mortgage loans in the southeast United States, is a subsidiary of HomeBanc Corp. HMB . HomeBanc Mortgage is headquartered in Atlanta and has
Source: news.moneycentral.msn.com

Mortgage woes cured by ad sale
Palm Beach Interactive - The delinquency rate for mortgage loans in Florida increased 69 basis points to 4.36 percent by the end of the quarter, the MBA report said. A basis point is used to track the difference between two interest rates. The MBA report came out, ironically
Source: www.palmbeachpost.com

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