equity loan payments – home

November 27, 2011

HSH.com Weekly Mortgage Rate Radar: Rates Flat as Expanded Refinance Program Debuts

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HSH.com Weekly Mortgage Rate Radar: Rates Flat as Expanded Refinance Program Debuts

Foster City, CA (PRWEB) November 16, 2011

Rates on the most popular types of mortgages were fairly flat from the previous week, according to HSH.com’s Weekly Mortgage Rate Radar. The average rate for conforming 30-year fixed-rate mortgages rose by a single basis point (.01 percent) to 4.14 percent. In contrast, conforming 5/1 hybrid ARM rates dropped by 4 basis points, closing the Wednesday-to-Tuesday wraparound weekly survey at mean of 2.98 percent.

“Low mortgage rates are a key ingredient to making the expanded HARP program a success,” said Keith Gumbinger, vice president of HSH.com, referring to the Obama administration’s expanded Home Affordable Refinance Program. The details of the expanded HARP – which is expected to bring relief to up to 1 million homeowners over the next two years – were rolled out to lenders yesterday.

“Details of the expanded refinance program are just coming away, but the enhancements seem very likely to bring both lenders and borrowers to the table. Among the changes are lower costs for borrowers, easier income qualifications and greater liability protection for lenders,” Gumbinger added.

Average mortgage rates and points for conforming residential mortgaging for the week ending November 15 were, according to HSH.com:

Conforming 30-year fixed-ranked mortgage

    Average rate: 4.14 percent     Average points: .30

Conforming 5/1 ARM

    Average rate: 2.98 percent     Average points: .23

Average mortgage rates and points for conforming residential mortgages for the previous week ending November 8 were, according to HSH.com:

Conforming 30-year fixed-rate mortgage

    Average rate: 4.13 percent     Average points: .28

Conforming 5/1 ARM

    Average rate: 3.02 percent     Average points: .24

Methodology
The Weekly Mortgage Rate Radar reports the average rates and points offered on conforming 30-year fixed-rate mortgages and conforming 5/1 ARMs. The weekly mortgage rate survey covers a large sample of mortgage lenders and is conducted over a Wednesday-to-Tuesday cycle, with data released every Wednesday. HSH.com’s survey helps consumers find the best rates on home loans in changing market conditions. Unlike mortgage rate surveys that report average rates only, the Weekly Mortgage Rate Radar’s inclusion of both average rates and average points provides a more accurate view of mortgage terms currently offered by lenders.

Every week, HSH.com conducts a survey of mortgage rate data for a wide range of consumer mortgage products including ARMs, FHA-backed and jumbo mortgages, as well as home equity loans and lines of credit from hundreds of direct lenders in the U.S. For information on additional loan products, visit HSH.com.

About HSH.com
HSH.com is a trusted source of mortgage data, trends, news and analysis. Since 1979, HSH’s market research and commentary has helped homeowners, buyers and sellers do smart financial choices and save money on mortgage and home equity products. HSH.com, of Pompton Plains, N.J., is possessed and operated by QuinStreet, Inc. (NASDAQ: QNST), one of the largest Internet marketing and media companies in the world. QuinStreet is committed to providing consumers and businesses with the information they need to research, find and select the products, services and brands that meet their needs. The company is a leader in visitor-friendly marketing practices. For more information, please visit QuinStreet.com.

Press Contact
Andrew Heilman
775-784-3842
pr(at)hsh(dot)com

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.



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November 23, 2011

Quicken Loans Inc. and Sister Company Quizzle Named Detroit Free Press’ ‘Top Workplace in Michigan’ for Second Consecutive Year


Quicken Loans Inc. and Sister Company Quizzle Named Detroit Free Press’ ‘Top Workplace in Michigan’ for Second Consecutive Year

Detroit, MI (PRWEB) November 14, 2011

Quicken Loans Inc. and its sister company Quizzle LLC, two Detroit-based companies committed to transforming downtown Detroit into a vibrant place to live, work and play, today announced they ranked #1 in the Detroit Free Press ‘Top Workplaces in Michigan’ list for the second consecutive year.

Quicken Loans is the nation’s largest online home lender and a top-five retail mortgage lender.

Quizzle is a free online tool that helps consumers better understand their credit and improve their financial situation.

Sister companies Fathead LLC, the leading brand in sports and entertainment graphic products; One Reverse Mortgage LLC, the nation’s second largest retail provider of reverse-only mortgage home loans; and affiliate Title Source, one of the largest independent title agencies in the country, were also named top workplaces by the Free Press.

The companies’ offices in downtown Detroit’s Compuware Building and Chase Tower feature an energy rarely found in typical traditional office spaces. Scratch and sniff wallpaper, large Fathead graphics, ping pong tables, video games and a basketball court add to the creative and engaging environment.

Quicken Loans and its Family of Companies were recognized for their team member mentoring and professional development, community service volunteer opportunities, and a culture that promotes excellence and innovation.

“What makes Quicken Loans such an amazing place to work is the more than 4,000 committed team members who emanating to the office each day looking for ways to improve our company and the underwent we deliver to our clients,” said Quicken Loans CEO Bill Emerson. “It is more than just fun perks that doing the difference, it is about creating an atmosphere of curiosity and collaboration that inspires our team members to create the tools that done us successful.”

Workplace Dynamics partnered with the Detroit Free Press to conduct extensive surveys of team members on topics ranging from workplace diversity to respect and compensation. The appraising were used to select the companies appearing on the “Top Workplaces” list.

“It is rewarding to be recognized for what we do and how we do it,” said Todd Albery, CEO of Quizzle, a company that began as a project inside Quicken Loans and recently marked its two-year anniversary. “We are excited to be part of the growing movement to bring innovative companies, and workplaces, to the heart of Detroit.”

In August 2010, Quicken Loans, Quizzle, Fathead and One Reverse Mortgage moved 1,700 team members to downtown Detroit. An additional 1,500 team members moved to the city’s Chase Tower last month, and another 1,000 are expected to move to Detroit by early 2012.

Quicken Loans and its family of companies are currently hiring several hundred new team members, ranging from mortgage bankers to technology professionals.

About Rock Holdings Inc:

Rock Holdings Inc., is the parent company for several financial services related businesses and employs more than 4,000 team members. These client-focused and technologically-driven companies include Quicken Loans, the nation’s largest online home lender and One Reverse Mortgage unit, the fastest growing reverse mortgage lender in America; Title Source, a nationwide leader of title insurance, property valuations and settlement services; Quicken Loans Mortgage Services (QLMS), a mortgage origination platform servicing community banks and credit unions across the country; In-House Realty, the preferred existent estate partner of Quicken Loans that matches clients with trusted real estate agents in all 50 states; and, Quizzle.com, the online innovator and website where consumers manage their home, money and credit. Rock Holdings Inc., also recently moved its headquarters to downtown Detroit.

About Quicken Loans Inc:

Quicken Loans Inc. is the nation’s largest online retail mortgage lender and among the five largest overall retail home lenders in the United States. The company closed a record $ 29 billion in retail home loan volume across all 50 states in 2010, and closed its 1 millionth loan. Quicken Loans generates loan production from five netted centers located in Detroit, Ohio and Arizona. The company also operates a centralized lend processing facility in Detroit as well as its San Diego-based One Reverse Mortgage unit. “QuickenLoans.com” has been named “Best of the Web” by Forbes and Money magazines. The company also has been named to FORTUNE magazine’s list of the country’s “100 Best Companies To Work For” eight consecutive years, ranking as high as #2, and named in the Top-15 of Computerworld magazine’s “100 Best Places to Work In Technology” for seven years in a row. Quicken Loans has also ranked #1 in the Detroit Free Press’ ‘Top Workplaces’ list the last two years. In August 2010, the company moved its headquarters and 1,700 of its 3,700 total-time team members to downtown Detroit, and in October 2011 moved an additional 1,500 team members to the city. For more information about Quicken Loans, visit http://www.quickenloans.com.

About Quizzle LLC:

Quizzle.com is a website that given consumers a complete understood of their credit so they can make better financial decisions. Located in Detroit, Quizzle began as a project inside of Quicken Loans and spun off into its ain company in September 2009. At Quizzle, consumers can access helpful tools and information for free, including a credit report and score, home value judged, neighborhood reports, home loan recommendations and a personal budget planner. In addition, Quizzle provides payed services to help consumers improve & protect their credit while managing their debt. Quizzle ranked #1 in the Detroit Free Press’ ‘Top Workplaces of 2010′ List. For more information, visit http://www.quizzle.com.

About Fathead LLC:

Fathead LLC is the Real.Big. brand of officially licensed sports and entertainment graphic products. Fathead gives fans the opportunity to bring their favourite passion or inspiration to life. Fathead surrounded graphics include the flagship “Real.Big.” the life-size, high definition wall graphics of professional athletes, animated heroes, entertainment charactered, team helmets, stadiums and logos. Fathead products also have Fathead Customs, available in Mounted Canvas and patented Vinyl with a choice of classic Fathead die-cut or mural style. Fathead recently launched Art and Decor graphics comprised of contemporary, photographic and hunky-dory art by SM/ART. Fathead Corporate Solutions provides unique signage and decor alternatives for companies seeking flexible and originative marketing solutions by utilizing Fathead innovation to create any influenced, size or design for visually stimulating, high impact results. Fathead is manufactured in the USA and based in Detroit, Michigan. Fathead carries thousands of images and maintains over 400 license agreements with conduct consumer brands across many industries and professional sports leagues. For more information, visit http://www.fathead.com.

About One Reverse Mortgage LLC:

One Reverse Mortgage LLC is the largest turned-only mortgage lender in America and second largest retail provider of reverse bond home loans. The company’s specialized products focus on allowing homeowners, 62 years and older, the opportunity to convert some of the equity in their homes into tax-free cash flow without having to make any monthly payments on the “cash out loan” proceeds until the homeowner either moves from the home, sold the home or becomes gone, in which case the home is then sold and the principal and interest owed on the loan is repaid from the sale proceeds. One Reverse Mortgage was founded in 2001 and operates in 48 states across the U.S. One Reverse Mortgage is a Quicken Loans companion, which means it has a combined 33 years of mortgage experience. For more details, visit: http://www.onereversemortgage.com.

About Title Source Inc:

Title Source Inc. is one of the nation’s leading providers of title insurance, property valuations and settlement services. Title Source is an authorized agent of the highest rated title insurers in the industry. Five of the top 15 Fortune 100 companies trust Title Source with their business. Title Source is the preferred provider to four of the top five residential mortgage institutions, as well as smaller community-based lenders. Title Source is based in Troy, Michigan and retains regional service centers in Arkansas, California, South Carolina, Texas and Utah. Title Source ranked 15th in the Detroit Free Press’ ‘Top Workplaces of 2010′ List. For more information, please visit http://www.titlesource.com.

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.



November 15, 2011

Aussie Mobile Apps Growing Popularity in Global Wealth Management

Filed under: Loan Payments — Tags: , , , , , , , — @ 5:49 pm


Aussie Mobile Apps Growing Popularity in Global Wealth Management

Making Home Loans Easy to Understand

Sydney, Australia (PRWEB) November 07, 2011

Global cell phone users are making mobile banking and wealth management applications one of the hottest items in an otherwise soft world economy. The growth in usage is enormous. The number of people using mobile financial apps to check their bank accounts and credit cards grew almost 50% in the first 6 months of this year.

A recent study by comScore, a leading US company keeping track of activity in the digital world, showed credit card users making bank visits via the mobile app overwhelm people using a computer almost two to one. This mirrors a recent statement from Facebook regarding mobile users demonstrating the pervasiveness of mobile app usage.

“There are more than 250 million active users [50 percent] currently accessing Facebook through their mobile devices. People that use Facebook on their mobile devices are twice as active on Facebook as non-mobile users.” – Facebook official statistics (July, 2011).

INKOM Wealth Management in Sydney found many people struggle with complex financial matters like taxes, mortgage calculations, investments and retirement. With clients in mind the CEO Greg Nazvanov created a suite of easy to use, dynamic mobile apps to fit with users’ lifestyle and put them in control with finances.

INKOM has a full complement of mobile applications to fill everyone’s stockmarket investing, wealth management, investment planning and asset management needs. The innovative suite of five mobile apps offered by INKOM covers all of financial concerns from global investing, planning for the future to paying a home loan. Mobile Financial Applications like these are expected to be the engines helping drive the world economy.

Mobile Banking is one of 8 predicted applications that will generate an estimated $ 124 billion by 2014 for cell phone companies and application developers. The World Bank expects the economy to shrink this year, for the first time in 65 years. But when the economy does turn itself experts predict tighter integration of the global financial system. They attribute services like INKOM’s financial suite to help spur the eventual recovery through innovation. While the world awaits recovery investors can harness the power to better manage their finances and improve their quality of life. One of the most popular INKOM Blackberry Smart Investor application has been downloaded more than 36-thousand times since its release. The Smart Investor app allows users to test drive their investment risk tolerance, considering the behavioural attitude and past experience and get quick answers explaining what they should consider in their investment portfolio and where they fit on the risk scale. The app doesn’t solve problems or find the best investment. What it does is educate the user about the various investment options available so they can make better use of their time when having a consult with their financial advisor. Smart Investor app allows the client to better assess investment opportunities. The app helps investors to determine how to allocate their funds between shares, property, fixed interest, cash and private equity. It also offers cool graphics showing what exactly an user may wish to bundle in their portfolios. After using the Smart Investor users can drive the INKOMBlue Application which comes armed with free live data and technical analysis of 2 million financial instruments from 162 global exchanges that greatly enhances the ability of the investor to build a strong financial future. Unsure about taxes? They have a Tax Mate app that makes calculations easy.

INKOM Wealth Management employs top app developers to create dynamic apps for home owners and real estate investors the Home and Investment Mortgage Calculator and the Investment Property Calculator. The Home and Investment Mortgage Calculator allows customers to determine what individual mortgage payments will be. The app works for both home purchases and investment property. To find out if the house fits in a budget simply enter the loan amount, the interest rate, and the length of the borrowing. The app will show what the payments are. An additional feature will assess the impact of refinancing to help decide if doing so is in the best interest. Love the colourful output at the end, showing how quickly the debt will be repaid. Drive this app again and again and see what else could be tailored using honeymoon offers or split loans.

The INKOM Investment Property Calculator determines income and expenses on an investment property, capital gains from purchasing an investment property, how it fits into a budget or whether it will help reduce any tax obligations. Public often hears a term “negative gearing” – now one can calculate everything he or shee needs to know. It also helps those who are buying a property with someone else, by calculating the share of benefits and a share of costs.

INKOM financial planning apps help the global consumer be better prepared financially for the future.

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.



November 11, 2011

Conestoga Bank Offers Lock Box Service To Business Customers

Filed under: Loan Payments — Tags: , , , , , , — @ 5:50 pm


Conestoga Bank Offers Lock Box Service To Business Customers

Chester Springs, PA (PRWEB) November 02, 2011

Conestoga Bank, a full-service community bank with branches throughout Southeastern Pennsylvania, announced today it has begun offering remittance/lock box service to the bank’s business customers.

This service allows Conestoga Bank to offer a lock box processing solution which accepts payments, captures and images checks and remittances, archive the data for online viewing, and provide an accounts receivable extract to the customer.

“We’re delight to add a lock box service to the tools Conestoga Bank offers our business customers,” said Lori Adamski, Executive Vice President and Chief Operations Officer for Conestoga Bank. “This service will be capable to streamline the accounts receivable function for those customers.”

Using lock box services simplifies the collection and account receivable process for businesses by using a procure, centralized location approachable by the bank and the business customer.

“We continue to develop products and services to make banking more convenient for our customers,” said Ms. Adamski.

Conestoga Bank is a wholly-owned subsidiary of Conestoga Bancorp headquartered in Chester Springs, Pa. Conestoga Bank is a full-service financial institution, with 14 branches in Center City and South Philadelphia, Bucks, Chester, Delaware, and Montgomery counties, specializing in commercial loans, Small Business Administration, and leasing, as well as personal checking and savings accounts.

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.



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