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Mortgage News for Monday - January 19, 2004

More Mortgage News
• UK house prices go into reverse
• Base may be tested for home-building stocks
• Leadership of Lakeland, Fla., Association of Realtors Stays in Family
• Are bonds once again 'certificates of confiscation'?
• High mortgage rates, lower prices put home buyers on sideline
• Analysts: Possible Bank One-J.P. Morgan Chase Union May Hurt Colorado Firm
• Banks not allowed to offer reduced interest for part of mortgage period
• State should not shelter those who prey on elderly, financially illiterate
• WHERE THERE'S NO PLACE LIKE OUR HOME
• REVEALED: THE HIGHER COST OF YOUR DREAM PROPERTY
• Pacifica Bank Declares Expanded Mortgage Loan Services
• Mid-Essex: Wage shock for house seekers
• How is your karmic balance sheet performing?
• ABN AMRO Mortgage Group 2003 Production Hits $125.4 Billion
• AMI previews brokers' pre-regulation action plan
• Single-family real estate 'stable'
• Higher Mortgage Rates Dampen Home Loan Demand
• Indian IT company inks $20 million deal with US mortgage firm
• It's Difficult To Be Debt-free When You Have Kids
• Finances need makeover?
• Internet popular as a way to pay your bills
• The right mortgage can help with financial plan
• New training and competence package for the mortgage market
• Coalition: American Indians should take control of home finance
• Trade associations launch mortgage T&C web service
• UP should have seen end of mortgage refinancing boom
Mortgage News
AMI previews brokers' pre-regulation action plan - 2004-01-19
The Association of Mortgage Intermediaries has released a guide explaining how to set out becoming a regulated mortgage adviser, to coincide with the official start of the Financial Services Authority taking application forms for direct authorisation.

Entitled Setting Up a Mortgage Regulation Project, the document has been created to help brokers plan for the start of mortgage regulation, which will come into effect on the 31 October this year.
Read the full story at IFAonline.co.uk
 
Single-family real estate 'stable' - 2004-01-19
Mortgage Guaranty Insurance Corp. today revealed that its national Market Trends Index stayed at 6.58 in the fourth quarter, the same as it was for the third quarter 2003.

"The national economy started to show some improvement, as demonstrated in real GDP – improved income trends and business investment," said Neil Siegel, MGIC's senior market analyst. "However, the housing sector has not yet reflected these changes."
Read the full story at Inman
 






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