The Bank of Hemet Joins MoneyLine Lending Services to Offer Full-Service Mortgage Lending Program - 2003-08-04
The Bank of Hemet, a $300 million community bank headquartered in Riverside, California, has started to offer residential mortgage loans through the implementation of an outsourced, full-service mortgage lending program supplied by MoneyLine Lending Services.

Like other primarily commercial banks, The Bank of Hemet recognized the opportunity to provide greater value to business customers by adding a comprehensive menu of residential mortgage products.
Read the full story at Internet Wire

Mortgage Refinancings Drop; 'Party Is Over,' Lender Says - 2003-08-04
Higher rates have killed the mortgage refinancing boom. Money saved from lower mortgage rates, which hovered around a 40- year low of 5 percent just weeks ago, had provided one of the few bright spots in the U.S. economy.

Now, as the overall economy is starting to show signs of life, rates have moved back above 6 percent.
Read the full story at Builder Online