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Mortgage News for Wednesday - September 17, 2003

More Mortgage News
• Housing Construction Drops in August
• WaMu settles mortgage service suit
• Telemarketers' convention focuses on survival
• U.S. Can't Pull World Economy Out Of Slump
• Huge Mortgage: Going Broke
• Verify home's title to make sure all owners are protected
• GMAC mortgage finances $4.5M garden apartments near Palisades
• Victims struggle to repair credit due to ID theft
• Mortgage Banker Association Tells Members To Deliver On Promises
• LenderTechnologies Releases ProtectInfo Customer Information Security Service
• Home Purchase Applications Up as Interest Rates Continue to Drop in Latest MBA Survey
• 100 bucks will secure affordable housing
• Realtors(r) Support Two-Package Approach To RESPA
• Construction labors to reach turning point
• International habitat - Auburn-based company brings workers in from Mexico, Japan for Habitat for Humanity
• Fed Signals a Spate of Low Interest Rates
• Graduates better at paying off loans
• Property boom sparks fears
Mortgage News
Mortgage Banker Association Tells Members To Deliver On Promises - 2003-09-17
The chairman of the Mortgage Bankers Association has called on the group's 2,600-member firms to take whatever measures necessary to avoid reniging on their loan commitments.

In an unprecedented letter sent to members last week, John Courson warned that processing delays "must be addressed before irreparable damage is done to the reputation of our industry."
Read the full story at Realty Times
 
LenderTechnologies Releases ProtectInfo Customer Information Security Service - 2003-09-17
LenderTechnologies Corporation, a subsidiary of the Mortgage Bankers Association of America, declared today the launch of ProtectInfo, an Internet-based customer information security service.

ProtectInfo was created in response to the information security needs of financial institutions, including mortgage bankers and brokers subject to regulation by the Federal Trade Commission.
Read the full story at Mortgage Bankers Association
 






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