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Low.com Launches Mortgage Lead Portal (socalTech.com)
Los Angeles-based Oversee.net said today that its Low.com financial portal and launched a new, self-serve portal for matching mortgage brokers and loan officers with consumer leads. The firm said its new LeadMatch.com service will provide access to high quality mortgage leads though a web-based interface. The service, which is priced per lead and starts at $500 for a bundle of leads, allows ...

Mortgage woes lead Morgan Stanley to cut jobs (Asbury Park Press)
Morgan Stanley, the second-biggest U.S. securities firm, plans to cut 600 jobs after a decline in mortgage-related revenue led to lower third-quarter earnings than analysts estimated.

A Raven shall lead them (USA Today)
Like many major U.S. cities and their hinterlands these past few months, the Baltimore metro area has hit a bit of a lull (tip of the hat to NYTimes.com). The credit crunch and mortgage mess have both taken their toll...

Lender Lead Solutions First to Announce HECM Reverse Mortgage Based on the LIBOR Index (Business Wire via Yahoo! Finance)
MELVILLE, N.Y.----Lender Lead Solutions, a comprehensive reverse mortgage services company, announced the introduction of a Home Equity Conversion Mortgage based on the London Interbank Offered Rate index.

Bankrate: Mortgage Rates Move Lower (FinanzNachrichten)
NEW YORK, Oct. 4 /PRNewswire-FirstCall/ -- Fixed mortgage rates declined, with the average conforming 30-year fixed mortgage rate falling to 6.42 percent.

 
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