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Mortgage News for Wednesday - January 14, 2004

More Mortgage News
• Average mortgage rates for 1-family homes
• U.S. weekly mortgage requests up last week
• Treasuries Up: We Have No Inflation
• Brokers open discussion on merger
• California Sues Florida Mortgage Company for Supposedly Do-Not-Call Violations
• 4th-quarter earnings lower at Bank of Granite
• Housing economists expect drop in 2004
• Metropolitan Mortgage Investors Fear Huge Losses
• Time to put financial strategies in place
• Changing situations? Change your mortgage
• Drawing equity to invest
• Renters in Otay Mesa against condo conversion
• Rise in home-repair loans credited to ads
• Thriving Real Estate and Mortgage Markets to Feed Mexico's Structured Finance Growth in 2004
• Manhattan Apartment prices up on supply squeeze
• Fannie Mae rated "market outperform"
• Time to pare back your spending
• County home sales growing
• Economists: Home-price growth to taper off
• BB&T Places First Among Banks in National Survey of Home Mortgage Customer Satisfaction
• UK housing market maintains upward trend
• Interest rate cuts could be on horizon
• Habitat homes can pay off
• Texas Veterans Land Board Picks MortgageFlex's LoanQuest Servicing
• Bank veteran to manage outlying Vectra branches
• Denver real estate still slow
Mortgage News
Habitat homes can pay off - 2004-01-14
Habitat for Humanity, a nonprofit group, helps put roofs over the heads of those in need, and occasionally this can be a small jackpot.

One woman who was granted a Habitat home in Warrenton with a 0 percent interest loan from the group stands to make a tidy profit when she sells her house, just two years later.

Moore and Brooks signed a $125,000 mortgage, no-interest loan for the property.
Read the full story at Great Falls Times
 
Texas Veterans Land Board Picks MortgageFlex's LoanQuest Servicing - 2004-01-14
MortgageFlex Systems, Inc., a provider of integrated mortgage automation software, disclosed that Austin, Texas-based Texas Veterans Land Board has picked MortgageFlex's LoanQuestâ Servicing.

Texas Veterans Land Board was created in 1946 to administer a program providing low-interest, long-term loans to Texas veterans for the purchase of land.
Read the full story at Microbanker
 






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