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Mortgage News for Tuesday - January 13, 2004


• Fannie Mae Cracks Down on Inflated Mortgage Appraisals
  Cash-out refinancings have been a dream that becam... more

• California sues mortgage company
  California's attorney general on Monday launched ...more

• IFC finances Russia's mortgage sector
  The fledgling Russian mortgage sector has recieved... more

• Bank pledges billions in mortgage money
  Bank of America Corp. committed amounts up to $6 b...more

• Ocwen Creates Bundled Services Product To Mortgage Originators
  Ocwen Financial Corporation unveiled today a progr... more

• Who wants to win their Mortgage payment? "Trading Spaces: Home Free"
  TRADING SPACES has always put friendships to the t...more

• US SWAPS-Spreads narrower, but mortgage hedging not big
  U.S. swap spreads narrowed a little bit on Monday ... more

• MBSB positive on new mortgage loan
  MALAYSIA Building Society Bhd (MBSB) expects an i...more

• Mortgage company fills void
  The biggest lease in Westchester County in 2003 ma... more

• IL&P expects strong mortgage business in 2004
  Mortgage lending will expand strongly again in 200...more

• Area's home sales hit record level during past year
  Buyers boosted the volume of Baltimore-area home s...more

• Man donates mortgage commission to school programs
  It was approximately a year ago, when the effects ... more

• UNM Staff To Recieve Help Purchasing Homes
  University of New Mexico Hospitals in Albuquerque ...more

• Economists Forecasts Drop in Home Sales for 2004
  Top housing economists forsee the red-hot home sal... more

• US Treasuries edge higher on outlook for low rates
  Treasuries wiped out narrow losses and edged sligh...more

• Mortgage options ease burdens 'Reverse mortgages' still new enough for misunderstandings
  FOR MARALYN KILPATRICK, the financial pressure pl... more

• Realties merging, expanding in valley
  Real estate companies continue to merge and grow i...more

• End of refinance boom won't hinder consumers--study
  Worries that consumers will run out of steam after... more

• Used-Homes Sales Break Record in Houston Area; December Sales Up 17 Percent
  Sales of Houston-area used homes increased 17 perc...more

• Savers might face bonus cuts
  Life insurer Norwich Union disclosed mixed fortune... more

• Banks face challenges, says Fitch
  Australian banks have challenges in maintaining th...more

• Mortgage broker files for Chapter 11 bankruptcy
  Coast to Coast Home Equity Corp., Shenango Townshi... more

• Home Prices Up But Stabilizing
  Long Island's white-hot housing market may be catc...more







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