Data Warehouse Creates New Opportunity for Mortgage Lenders Following FHA's Increase in Funding Limits

Leading mortgage information services supplier offerings database of five
million householders countrywide who now measure up for lower-rate Federal Housing Administration loans. BOCA RATON, Fla., March 24 /PRNewswire/ -- Data Warehouse, a TRANZACT
company and prima supplier of selling information solutions to the
mortgage and fiscal industries, today announced that it have created a
new and alone chance for mortgage loaners to increase funded loan
volume. This chance come ups on the heels of the Federal Soldier Housing
Administration's (FHA) determination to raise the mortgage bounds nationwide, up
to a upper limit of $729,750 in high-cost counties. The new bounds aid borrowers in high-priced housing countries with current
high-rate elephantine mortgages to measure up for lower-rate loans. Data Warehouse
has developed a database of more than than five million householders nationwide
who now measure up for lower-rate Federal Housing Administration loans. "Homeowners previously with elephantine loans have got emerged as the hottest
prospects for refinance loans in today's ambitious loaning environment,"
said Ben Waldshan, laminitis of Data Warehouse and Executive Frailty President
with TRANZACT. "These householders had limited contact with loaners in the
past owed to a scarceness of loaning options. The big loan size and
attractive borders on government-backed loans now do this a highly
profitable grouping for loaners to target." "The recent addition in support bounds compares to a tremendous
opportunity for mortgage lenders, and Data Warehouse stand ups ready with FHA
prospects we've identified to be qualified, motivated candidates,"
continued Waldshan. Data Warehouse multi-sources populace records, demographic, and credit
data combined with leading-edge machine-controlled evaluation theoretical accounts and proprietary
processes to make customized prospecting lists. As a result, loaners can
help clients that are now able to seek refinancing into an Federal Housing Administration loan. Data Warehouse is a wholly owned subordinate of TRANZACT which was
recently purchased for $185 million by Veronis Suhler Stevenson, a leading
private equity house in the media, information, selling services and
education industries. TRANZACT direction have built a highly differentiated
business theoretical account in the selling solutions industry and is considered the
pioneer in the emerging sector of outsourced client acquisition solutions
for Luck 1000 brands. About Data Warehouse Corporation Founded in 1997 and headquartered in Boca Raton, Florida, Data
Warehouse have grown into the nation's prima marketplace information services
company serving the mortgage and fiscal services industries. Data
Warehouse licences and congeries public record and recognition information on 72
million householders in the United States, selling targeted prospect lists
and analytical services to a diverse grouping of mortgage brokers, bankers,
and fiscal service companies nationwide. Data Warehouse have serviced
more than 15,000 clients since its inception. Additional information about
Data Warehouse can be establish at . About TRANZACT Based in Garrison Lee, New Jersey, TRANZACT is the leader in providing
end-to- end technology-driven client acquisition solutions to the
financial services and mass media and telecommunications sectors. TRANZACT
leverages and integrates sophisticated digital, data, and direct marketing
solutions to present qualified leads, fully provisioned sales, and robust
customer direction systems to trade names seeking to get and pull off large
numbers of customers. Additional information about TRANZACT can be establish at
. About Veronis Suhler Stevenson Veronis Suhler Robert Louis Stevenson (VSS) is a private equity house that invests
buyout and structured working capital finances in the media, information, marketing
services and instruction industries in North United States and Europe. VSS provides
capital for buyouts, recapitalizations, growing financings, and strategic
acquisitions to companies and direction squads with a end to build
companies both organically and through a focused add-on acquisition
program. To date, VSS equity and structured working capital finances have got got invested in
more than 59 platform companies which have, in turn, completed more than than than
245 add-on acquisitions resulting in a portfolio with realized and
unrealized endeavor values in extra of $12 billion. Additional
information about Veronis Suhler Robert Louis Stevenson can be establish at
.

Borrowers Predicting Mortgage Rates Based on the Fed's Rate Adjustments May be in for Unpleasant Surprises

Misconceptions about mortgage rates' drive military units can be borrowers huge
sums HOLMDEL, N.J., Nov. Eight /PRNewswire/ -- Each clip the Federal Soldier Reserve
(the Fed) cuts involvement rates, borrowers converge upon their mortgage
representatives expecting less involvement rates. Unfortunately, they find
that mortgage rates often lift after the Federal cuts rates, and those who have
held off on refinancing or locking rates thinking a Federal charge per unit cut will
reduce mortgage rates, are actually faced with higher rates than before the
Fed's charge per unit reduction. "Consumers who are looking to acquire the best mortgage rates necessitate to
understand that the Federal Soldier Modesty can only command the price reduction charge per unit and
the Federal finances rate, which are both very different from mortgage rates,"
explains Mortgage Market Usher chief executive officer Barry Habib, a mortgage expert who has
appeared on the CNBC, NBC, CNN and fox telecasting networks. "Borrowers are
constantly misguided in thought that charge per unit cuts by the Federal will ensue in
lower mortgage involvement rates. That simply isn't the case."
Another common misconception is that mortgage rates are directly
related to 30-year Treasury chemical bonds or 10-year Treasury notes. "Both 30-year
Treasury chemical bonds and 10-year Treasury short letters are authorities securities and
backed by the full religion and recognition of the U.S. government," adds Habib. "They have got no direct consequence on mortgage rates."
Mortgage rates are based solely on mortgage-backed enslaveds known as
mortgage backed securities (MBS). "The trading public presentation of mortgage
backed securities, which are issued by Fannie Mae and Freddie Mac,
determine the way of mortgage rates," states Habib. "Finding the
catalyst that causes mortgage chemical enslaveds to travel volition give consumers the keys to
finding out what do mortgage rates rise and fall."
Inflation is a cardinal factor in pricing long-term bonds, because inflation
erodes future returns. Since chemical bonds pay out a set amount over a long period
of time, that amount will be less valuable in future markets, especially if
inflation is high. Because chemical bond investors are very aware of this, they will
require a higher charge per unit of tax return or involvement on their investing to
compensate them if they experience that rising prices will be increasing. "To understand the human relationship between chemical bond terms and mortgage rates,
first put option yourself in the place of a mortgage bondholder, like a
mortgage lender," Habib explains. "If it looks like rising prices is going to
cut away at the value of your bonds, you'll necessitate to bear down more than involvement on
the mortgage loans you bring forth in order to counterbalance for that lowered
value on the bonds. So if you expect additions in inflation, perhaps
caused by the Federal Soldier Modesty lowering rates, you'll probably be raising
mortgage rates in response. Therefore, because charge per unit tramps by the Federal are
designed to decelerate inflation, that is actually very good news for bondholders
or mortgage lenders. A Federal charge per unit tramp can actually assist cut down mortgage
rates."
In short, the Fed's charge per unit cuts excite the economic system by making borrowing
cheaper, which in bend gives sellers the ability to increase prices. That
leads to inflation, which gnaws the value of long term chemical chemical bonds and more
specifically, of mortgage bonds. "When megabytes values are in jeopardy, mortgage
rates be given to rise," Habib reiterates. Habib counsels that while these cardinal factors are better indexes of
mortgage rates, borrowers and householders should retrieve that there is no
surefire manner to foretell the market. "Keep an oculus on the megabytes market, but also bear in head that the best
rates may be behind us," he urges. "Mortgage rates are still low, and we
could see some speedy dips. Borrowers should always confer with a qualified
Mortgage Planner who can counsel on any marketplace changes. If you're looking to
refinance, be prepared to act, so you can do the most of any less rates
while they last."
About Mortgage Market Guide
Founded by celebrated fiscal expert Barry Habib, the Mortgage Market
Guide is a service that assists over 16,000 of America's best originators
monitor marketplace conditions, better their production, better pull off their
pipeline, and beef up their places as a Mortgage Planners. Barry
Habib have over 20 old age experience in the mortgage industry, is
consistently been recognized as one of the country's top loan originators,
has successfully managed a hedgerow fund, authored a stock advisory
newsletter, owned an coverage agency, and acted as managing spouse in a
real estate investing company. Because of his diverse countries of expertise,
Barry Habib is often featured on CNBC, NBC, CNN and fox telecasting networks
and have been the keynote talker for 50 different state Mortgage Banking
Associations. For more than information on Mortgage Market Guide, delight visit
or phone call 800 963-1900. press CONTACT:
Rosalie Berg
Strategic Vantage for Mortgage Market Guide
(305) 971-5352