News from the Mortgage Industry

With the rapid change in the mortgage industry these days, it is often difficult to keep up with what is occurring. For this reason, we try to bring you information of value to you whether you are a homeowner, a potential mortgage partner, or simply someone who wants to keep abreast of the industry.

• Alain Valles of Direct Finance Corp. installed as president of Massachusetts Mortgage Assocation.
  
  
• Mortgage group president says ‘perfect storm’ led to lending crises