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Mortgage News for Friday - January 16, 2004

More Mortgage News
• Bond prices rise, yields drop as investors bet mortgage loans will be repaid
• Mortgage interest rates drop to six-month low
• Mortgage, Insurance Scam Broken
• Remortgaging posts record debt
• Clearwater, Fla., Loan-Processing Center for Washington Mutual Will Close
• Wachovia generates 23% more in quarter
• Financial Firm Relocates to Fort Mill, S.C.
• £600m-a-day mortgage bonanza
• Bank mega-merger likely won't cost N.O. any jobs
• What's required raise my credit score and get a mortgage?
• Freeserve joins with The MarketPlace for mortgages
• 2 face possibility of losing licenses for equity stripping
• JPM chief says NY job losses insignificant
• Housing market still sizzling
• End mortgage uncertainties
• Hawaii mortgages rates drops below 5.4%
• Houston mortgage brokerage company bought
• HUD helps WIN group
• Study places BB&T 2nd in nation for home-mortgage customer satisfaction
• Low income homebuyers wanted
• UK mortgage market hits new high
• Mortgage Express announces product manager
Mortgage News
UK mortgage market hits new high - 2004-01-16
The UK mortgage market posted a record amount of lending last year with about £222.4bn advanced during the first 10 months of 2003, compared with £218.6bn throughout all of 2002.

Market analyst Datamonitor said people remortgaging to get a better deal or to release cash from their property during 2003 drove the surge.
Read the full story at ShareCast
 
Mortgage Express announces product manager - 2004-01-16
Mortgage Express has posted Mary Sung to the position of Product Development Manager.

Mary will manage self certification and 100%+ mortgage products, and will also focus on the first time buyer market. She joined Mortgage Express in January 2003 as an Assistant Product Manager, and has worked on a range of initiatives including launches of the Lifetime and Stepladder products.
Read the full story at Mortgage Introducer
 






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