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John A. Courson, the president and chief executive of the Mortgage Bankers Association, a trade group based in Washington, said that brokers would continue to remain an "important part of the mortgage delivery process".
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That's why, as part of service delivery, mortgages are moving to Web-time, essentially right away.
With the anthrax scare leading to scattered delays in mail delivery, some mortgage, credit card and utility payments are not reaching their destinations on time.
D1 PAYMENTS DELAYED -- With anthrax leading to delays in mail delivery, some mortgage, credit card and utility payments are not reaching their destinations on time.
These days Renren's service is barely used and the company is more notable for its investment deals, which include stakes in a mortgage lender and a delivery service.
DHL has been less visible in the United States after eliminating thousands of jobs at its Ohio air hub and other locations in 2008 to offset a drop in deliveries of mortgage documents, contracts and other time-sensitive material.
These were physical delivery swaps, meaning that Goldman would exchange a mortgage bond, which once had a par value of $5 million, in exchange for $5 million in cash.
Expect delivery in about six weeks after you obtain a second mortgage on your home and place your order.
Kurt Kuehn, the chief financial officer, attributed the decline in domestic letter deliveries in part to fewer new-home sales and mortgage refinancings.
Mortgage impossible.
A mortgage?
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