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Mortgage News for Thursday - August 7, 2003

More Mortgage News
• Mortgage rates touches 1-year highs
• Soaring Mortgage Rates Put Economic Recovery In Jeopardy
• Rising rates check refinancing mortgage boom
• The economy picks up
• Analyst: Higher mortgage rates won't doom Home Depot shares
• Home sales surged 25 percent in rush to beat rising mortgage rates
• ABN Amro gives bullish forecast
• Citigroup appoints top female exec to run consumer unit
• Majority intend to use pension for mortgage or holidays
• Mortgage borrowers eligible for $5.1M
• Mortgage defaults expected to increase
• EQUITY RELEASE SCHEMES: PENSIONERS AT SERIOUS RISK
• PREDATORY LENDING: Settlement done with Household
• Median price of South County homes jumps 7.9 percent over the previous year
• Home sales set more records; median price on Eastside surges 9.4% over last year
• Mortgage Lender Household Financial to pay $6 million in state settlement
• Habitat for Humanity holds northwest applications
• HomeStreet Bank gets neighborly
• California getting $91M in mortgage lending settlement
• Eves gives homeowners mortgage tax break
• Mortgage Lender First NLC Financial Services Promotes Rob Cosentino to Senior Vice President, Sales
• Register Today for MBA’s 90th Annual Convention & Expo!
• Housing to Maintain Strength Despite Higher Mortgage Rates, Says NAR
• Refinancing Activity Dips Slightly, Purchase Mortgage Applications Up in Latest MBA Survey
• ABN Amro Earnings Climb 46 Percent in Q2
• New Freddie Mac CEO Promises to Fix Mortgage Giant's Problems
Mortgage News
Mortgage Lender First NLC Financial Services Promotes Rob Cosentino to Senior Vice President, Sales - 2003-08-07
First NLC Financial Services, one of the nation’s top subprime mortgage lenders, has declared that Rob Cosentino has been promoted to Senior Vice President, Sales, Eastern Division.

Mr. Cosentino joined the First NLC team in 1997 as Vice President, Operations Manager, for the Eastern Division, then moved to the sales division in 1999.
Read the full story at Internet Wire
 
Register Today for MBA’s 90th Annual Convention & Expo! - 2003-08-07
To register for your media credentials, please contact Matthew Royse at (202) 557-2727 or via e-mail at matthew_royse@mbaa.org or visit http://events.mbaa.org/90th_annual/media.cfm.

MBA’s 90th Annual Convention & Expo is one of MBA’s largest meetings and attracts 5,000 industry professionals consisting of mortgage companies, mortgage brokers, commercial banks, thrifts, life insurance companies and others in the mortgage lending field. Themed "Unlimited Horizons: Defining the Future," convention highlights include:
Read the full story at Mortgage Bankers Association
 






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