Monday, April 10, 2006

New Century Originations Off
March production of $5.4 billion was much better than in the previous month and higher than a year ago, New Century Financial Corp. announced.
But first quarter production declined from the prior period.

U.S. Lenders Target Mexican Market
Over 70 organizations recently gathered in Tempe, Ariz., to launch the International Mortgage Lenders Association, the trade group announced Thursday.
The International Mortgage Lenders said they will initially focus on Mexico's sizeable mortgage market.

Mortgage Jobs Jump
There were 504,800 people working in mortgage jobs during February, according to the Bureau of Labor Statistics.
The latest figures are better than revised January figures and better than February 2005.