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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
Bank veteran to manage outlying Vectra branches - 2004-01-14
Banking industry veteran Jed Burnham is back in a new job at Vectra Bank almost two years after leaving the presidency of Bank of Cherry Creek.

He'll also oversee Vectra's statewide mortgage lending, a unit that makes about $1 billion in originations a year. In that role, he replaces John Jackson, who is retiring at the end of the first quarter.
Read the full story at Rocky Mountain News
 
Denver real estate still slow - 2004-01-14
Denver's commercial real estate engine is starting to inch forward but remains one of the worst in the country. And it will remain stuck in a lower gear until a significant number of new jobs come into the area.

That's the gist of the latest quarterly report from Moody's Investors Service in New York, which, among other things, assesses U.S. markets so that its analysts can rate commercial mortgage-backed securities.
Read the full story at The Daily Camera
 






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