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Mortgage News for Tuesday - January 13, 2004

More Mortgage News
• Fannie Mae Cracks Down on Inflated Mortgage Appraisals
• California sues mortgage company
• IFC finances Russia's mortgage sector
• Bank pledges billions in mortgage money
• Ocwen Creates Bundled Services Product To Mortgage Originators
• Who wants to win their Mortgage payment? "Trading Spaces: Home Free"
• US SWAPS-Spreads narrower, but mortgage hedging not big
• MBSB positive on new mortgage loan
• Mortgage company fills void
• IL&P expects strong mortgage business in 2004
• Consumer Direct of America Buys Atlanta-Based Mortgage Bank, Mail Center and Debt Consolidation Operations
• Area's home sales hit record level during past year
• Man donates mortgage commission to school programs
• UNM Staff To Recieve Help Purchasing Homes
• Economists Forecasts Drop in Home Sales for 2004
• US Treasuries edge higher on outlook for low rates
• Mortgage options ease burdens 'Reverse mortgages' still new enough for misunderstandings
• Realties merging, expanding in valley
• End of refinance boom won't hinder consumers--study
• Used-Homes Sales Break Record in Houston Area; December Sales Up 17 Percent
• Savers might face bonus cuts
• Banks face challenges, says Fitch
• Mortgage broker files for Chapter 11 bankruptcy
• Home Prices Up But Stabilizing
Mortgage News
Ocwen Creates Bundled Services Product To Mortgage Originators - 2004-01-13
Ocwen Financial Corporation unveiled today a program to market bundled services with strategic partners who are residential mortgage originators, mortgage brokers and real estate brokers.

Ocwen's Bundled Service offering includes all, or any portion, of the products and services required to close a mortgage loan. The products and services are being offered to originators in the State of Florida for a firm price.
Read the full story at PrimeZone
 
Who wants to win their Mortgage payment? "Trading Spaces: Home Free" - 2004-01-13
TRADING SPACES has always put friendships to the test and pushed neighbors to find out exactly how well they know each other, but there was one thing they could always count on -- they were in it together.

Now everything has changed as TRADING SPACES reveals its most ambitious renovation yet: TRADING SPACES: HOME FREE, a new eight-episode series that pits neighbor against neighbor in a tournament-style competition with new twists and turns, top secret surprises and fabulous prizes.
Read the full story at TV Barn
 






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