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User:Jimbwayne/Heitman Analytics

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Heitman Analytics
Company typeCorporation
IndustryFinance and Market Research
Founded1985
FounderSharon Heitman
Headquarters,
Number of employees
12
DivisionsProfessional
WebsiteHeitman Analytics

Heitman Analytics is a 25-year-old[1] mortgage loan data reporting and consulting firm based in Eugene, Oregon. The company provides North American brokers, correspondent, wholesale or retail lenders with analytic services and up-to-date mortgage pricing and volume data, including pricing reports, risk-based adjuster information, volume reports, market movement/trend reports, HELOC & home equity loan reports, lender-based loan fee reports, mystery shopping surveys, and construction to permanent (C-P) analysis. Heitman Analytics also offers its clients an interactive website to create custom reports and analysis from its pricing and volume data.

Heitman Analytics receives daily interest rate data from a variety of mortgage lenders,[2][3] which it uses to produce rate estimates based on what banks across North America are charging borrowers. The company then provides a nationwide survey of rates to banks, brokers and consumer-facing companies like TrueCredit, which provides potential borrowers with estimates of interest rates for which they might qualify.[4]

U.S. antitrust laws prohibit financial institutions from sharing mortgage rate data with one another.

History

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The Heitman Group, Inc. (HGI) was founded in 1985 by Sharon Heitman[5] in Stockton, California. Heitman has been a guest speaker and industry panelist at Mortgage Bankers Association annual meetings[6]. Heitman graduated from the University of the Pacific with a degree in biology in 1980. The company changed its name to Heitman Analytics in 2010.

Executive Management

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Sharon Heitman, CEO
Leopold Monaco, Managing Director
Erik Mills, VP Operations & Analysis

References

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  1. ^ "About Heitman Analytics"
  2. ^ Bob Tedeschi, "An Erratic Year for Mortgage Rates", January 2, 2009, "The New York Times", May 27, 2010
  3. ^ Elizabeth Rush, "A Year for Foreclosures: The 2008 Mortgage Rates Review", January 8, 2009, "Foreclosure Listings Nationwide", May 27, 2010
  4. ^ Bob Tedeschi, "New online mortgage simulator offers buyers more accurate estimates", December 13, 2008, "The Seattle Times", May 27, 2010
  5. ^ "Heitman Analytics Company History"
  6. ^ "Mortgage Banking Association"
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