Oct 3, 2012 4:47PM Editor's note : DataQuick®, a provider of advanced real estate information solutions recently announced that Gordon Crawford, Ph.D. had joined their firm as vice president of Analytics. MND doesn't normally note such appointments, but it caught our eye that Crawford who until recently was vice president of Mortgage Research a t Fannie Mae, is an expert on credit scoring performance models and spoke about that topic at a recent Mortgage Bankers Association Risk Conference. He was kind enough speak... Oct 3, 2012 12:25PM Mortgages were prepaid at a higher rate in August than at any time since 2005 according to the August Mortgage Monitor report issued by Lender Processing Services (LPS) on Wednesday. Prepayments are usually an indicator of home refinancing and the prepayments in August were higher even than those seen in the " mini-refinance waves " of both 2009 and 2010. LPS Applied Analytics Senior Vice President Herb Blecher said that the impact of the prepayment increase has been both pronounced and broad based...
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