Mortgage Lenders Getting More Creative - 2004-05-24
With the Federal Reserve widely expected to increase interest rates as early as next month, mortgage lenders are hoping to keep business profitable by attracting consumers with new terms.

After an incredible U.S. housing boom fueled by historically low interest rates, a moment of reckoning is looming for the home lending industry. Mortgage refinancing applications are plummeting as Treasury yields are heading higher.

Many homeowners who've used their house as a virtual ATM in recent years have already refinanced their mortgages, in some cases several times.
Read the full story at phillyburbs.com

MortgageHub Taps David G. Hellhake as EVP; 20-Year IT Industry Veteran Joins Web Servicing Company - 2004-05-24
MortgageHub, a mortgage industry Web service provider, has appointed David G. Hellhake as executive vice president. Hellhake, with at least 20 years of experience in product management and implementation as well as application development and customer service initiatives with several high-tech and Internet-based companies, oversees all operations, client deliverables, strategic alliances and partnerships with outside vendors.

"We feel very fortunate to have David join our company," said Chetan Patel, chief operating officer for MortgageHub. "His strength in system design and implementation is only matched by his commitment to provide the best service to customers."
Read the full story at Business Wire