PSM Holdings, Inc. (PSMH) Executes Memorandum of Understanding (MOU) Referencing the Planned Execution of a Merger Agreement

PSM Holdings, Inc. executes memorandum of understanding (MOU) referencing the planned execution of a merger agreement. This agreement would combine two outstanding financial services companies bringing PSMH to a highly sought after, financially strong and efficient company. “PSMH anticipates an acquisition of Complete Financial Services, Inc. (CFSI) which, combined with its already wholly owned PrimeSource Mortgage, Inc. (PSMI), would bring a total... 

Alpen Glow and Howelsen Place Announce Creation of In-House Sales and Marketing Team

James A. Cook, founding owner/broker at Colorado Group Realty, announced today that given his increased involvement with multiple development projects in the Steamboat Springs market he will pass the baton as the lead real estate broker for the sale of the remaining residential units at Alpen Glow and Howelsen Place. Commencing November 1, 2008, sales and marketing for Alpen Glow and Howelsen Place will be managed by Ski Town Lifestyle Properties... 

American Association of Residential Mortgage Regulators Joins Growing Community of Regulators Improving Consumer Protection by Automating Mortgage Examinations

ComplianceEase®, the nation’s leading provider of mortgage risk management solutions, announced today at the Mortgage Bankers Association’s 95th Annual Convention and Expo that the Board of Directors of the American Association of Residential Mortgage Regulators (AARMR) has approved the adoption of examination automation solutions for its members, selecting ComplianceAnalyzer® and RegulatorConnect™ to power a new era of mortgage lending oversight... 

Stewart Provides Electronic Closing Options for Flagstar Bancorp

Stewart announced today that they have successfully integrated their SureClose® technology with Flagstar’s Loantrac System. The integration of these two technology platforms provides Flagstar borrowers and Stewart Title’s closing agencies with the ability to close Flagstar loans electronically. Through a seamless integration and strong partnership, Flagstar and Stewart have created an innovative solution for mortgage brokers and title agencies. Stewart’s... 

Lenders Benefit from QuestSoft and OpenClose Partnership, More Streamlined Compliant Loan Origination Capabilities

QuestSoft, a provider of compliance software and geocoding services for lenders, and OpenClose, developers of Web-based, end-to-end mortgage lending software, announced today at the Mortgage Bankers Association’s 95th Annual Convention and Expo announced the integration of QuestSoft’s automated compliance tool, Compliance EAGLE, with OpenClose’s loan origination software (LOS). Compliance EAGLE is the only automated compliance solution to be... 

Titan Lenders Corp and Bay Docs Partner on HECM Outsource Service

Titan Lenders Corp, a mortgage back office fulfillment services provider specializing in closing, funding, and post closing services and Bay Docs, Inc., an expert document services provider to lenders in the reverse mortgage industry, have partnered to create a complete HECM outsource solution for mortgage lenders that want to accelerate their entry to the reverse mortgage market. Titan Lenders Corp is an outsource variable cost solution alternative... 

Sitar Company Brokers Named New Jersey’s “2008 All-Star Commercial Real Estate Brokers”

Sitar Company, a leading New Jersey commercial real estate firm, today announced that Joseph Nitti, Douglas J. Sitar and William Sitar III have been named “2008 All-Star Commercial Real Estate Brokers” by Real Estate New Jersey. The “2008 All-Star Commercial Real Estate Broker” rankings are awarded by Real Estate New Jersey, a monthly commercial real estate magazine, to New Jersey brokers who have demonstrated excellence in notable real estate... 

Inclusion of Minority Real Estate Professionals and Asset Managers Urged as Congress Considers $700 Billion Bailout Plan

Maria Kong, President of the National Association of Real Estate Brokers (NAREB) today urged Congressional leadership, President Bush and Secretary of the Treasury Paulson, to act fairly and responsibly to ensure that minority-owned real estate, finance and legal professionals are included among the firms tapped to manage the multi-billion dollar asset portfolio the government plans to purchase from failing Wall Street investment houses, and flailing... 

California Lender Learns Hard Lessons in Deploying Product and Pricing Technology

MSM Lender, a residential mortgage lender based in Rancho Cucamonga, California, shared their view of the crowded product and pricing engine marketplace from a mid-tier lender perspective. The demand for automation technology in the mortgage origination space has spawned a myriad of vendors, but MSM warned that lenders need to be prepared when choosing the right one. “We’re not experts in technology, so it’s difficult for us to understand... 

First Team Real Estate Creates New Industry Standard

Cameron Merage, Founding CEO and President of First Team Real Estate, which ranks as the biggest independent real estate company in sales in Southern California and within the top one percent of largest volume brokers in the nation, has launched “The NEW Rules of Real Estate(SM),” a new set of business standards and criteria for real estate agents to service their consumers successfully in today’s turbulent residential real estate...