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Mortgage News for Thursday - March 13, 2003

More Mortgage News
• Improved Outlook
• Big Builder News Bits -- March 2003
• Capture the Mortgage
• Hablas Espanol?
• Enduring Quality
• Boom Times
Mortgage News
Capture the Mortgage - 2003-03-13
The number of production builder mortgage affiliates seems to be on the rise. It's easy to see why. Whether constituted as a bank, a broker, or in some other form, builder affiliated mortgage operations provide a host of benefits on builders, say those involved in the industry.

With an affiliated mortgage operation, builders can manage resources better and gain greater control over the process of home building and sales, right through closing.
Read the full story at Builder Online
 
Hablas Espanol? - 2003-03-13
As U.S. ethnic groups are concerned, Hispanics are known as a growing majority. And First Home Builders of Florida is in full pursuit of their business. This May, the Cape Coral-based builder will open a model home center in Fort Myers that caters to the local Hispanic population.

Armadillo also seeks out mortgage lenders that offer stated income programs, a financing medium that allows buyers to state their income without backup documents.
Read the full story at Builder Online
 






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