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Great Midwest Mortgage

EMC / Bears Stearns Instigate Midwest Mortgage Crisis - Spurs Innovation

Homeowner finds innovative uses with "For Sale" signs

National Appraisal Management Co (AMC) Strengthens Market Position

Throughout his successful sales career, he has led numerous sales teams as well as built and sold a technology company that serviced the financial industry.

“Paul is a proven leader with a commitment to building strong, successful client relationships,” said Jeff Sandman, co-founder. “His industry reputation, entrepreneurial drive and scale of experience are huge assets for Pendo as we continue to grow and expand our national presence.”

In addition, Steve Rouse has joined Pendo’s sales team as Regional Account Executive for the Midwest. He comes to Pendo with more than 25 years of mortgage industry experience after working with companies such as Verus, First American Mortgage Solutions and Credit Suisse.

“Steve is a great addition to our sales team. His enthusiasm, honesty and client dedication are core traits we look for when selecting team members,” noted Paul Wholley, VP of Sales. “In addition, his vast industry experience, especially in the Midwest, will help us build upon many great client relationships and open doors for new ones.

GDP Unfazed by Soft Housing Data – Market Update

Our thoughts are with the victims of last night’s shooting in Las Vegas as well as their friends and family.

Last week in the markets, we got some housing data and also some information on the overall economy, including GDP and personal incomes.

Headline News S&P Corelogic Case-Shiller HPI

Home prices were up 0.3% on a seasonally adjusted basis in July. They were up 0.7% overall and 5.8% overall on the year. Dallas was up 7.4% in July, and Tampa was at 7.1%, with Miami at 5.2%. Houston isn’t one of the 20 cities covered in this report, but this will give some point of comparison for the hurricanes’ effect on the market. Prices in Seattle are at 13.5% growth on the year, and Portland is at 7.6%. Chicago and Washington, D.C., are both up 3.4% on the other end. Cleveland and New York City are also very low in terms of price appreciation as well.

Poll: What is your mortgage payment and Insurance cost for your 2+ bedroom / 2 bath HOUSE and what region?


We live in Lawton Oklahoma and we have a 1600sqft 3 bedroom, 2 full bath house with an attached 2 car garage, large privacy fenced in yard and covered patio. Our mortgage payment is 644 a month, 80 for taxes and 80 for insurance for a total of 804 a month.