Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Tuesday - January 20, 2004

More Mortgage News
• Mortgage firms concerned for restrictions
• Mortgage firm to generate 400 jobs in NI
• Mortgage rates take a tumble
• Pacifica Bank Unveils Expanded Mortgage Loan Services
• 2004 Economic forecast: Mortgage Rates
• HK Mortgage Corp To Acquire HK$1B Loans From Bk Of East Asia
• Borrower with less than 20% equity must have this on FHA-insured mortgages
• Securing a legitimate mortgage price
• 'Zero down' home purchase plan
• Federal Housing Administration Wants New Home Loan Program
• Citigroup, Bank One Top Estimates
• Hot Housing Market Attracts More New Newcomers to Realty Profession
• Real Estate Services Firm Plans to Simplify Home Buying
• Mortgage brokers must disclose kickbacks
• Construction Activity Gathers Steam in Waterloo, Iowa, Area
• Wells Fargo's 4Q Earnings Up 10 Percent
• British private debt higher
• Leave the No Call list alone
• Help on the way for home buyers
• Elderly Investors Claim Ponzi Scheme Against Metropolitan Mortgage and Summit Securities
• Baird & Warner Names New President of Its Mortgage Company
• Indiana requires new law to stop predatory lenders
• Housing market "to beat predictions"
• Ten-Year Treasuries Drop on Forecasts for Stronger U.S. Economic Growth
• Mortgage lending wisdom
• U.S. January Homebuilder Index Drops to 68 From 70
• Economists provide mixed housing forecast for '04
• Some hope for home buyers
Mortgage News
Citigroup, Bank One Top Estimates - 2004-01-20
Citigroup on Tuesday posted fourth-quarter earnings that were up 96 percent from a year ago despite the write-down of millions of dollars in loans to the troubled Italian dairy Parmalat.

Profits at Bank One Corp. were well above projections, while Wells Fargo & Co. earnings were in line with estimates even though mortgage originations fell sharply. U.S. Bancorp missed estimates by a penny.
Read the full story at Miami Herald
 
Hot Housing Market Attracts More New Newcomers to Realty Profession - 2004-01-20
People keep entering the real estate profession, new data reveal, as the housing boom pushes more newcomers to seek what they believe are the riches of home sales.

Some agents are skeptical about the growth in their ranks, saying too many people are joining a profession that they think is a lot easier than it is, noting that extraordinarily low mortgage interest rates have pushed more buyers into the market.
Read the full story at Miami Herald
 






down payment
types of mortgages
closing costs
finding lenders
the do's and don'ts of mortgages
mortgage glossary



 
Copyright © 1999-2003. Mortgages Magazine Inc., LLC All Rights Reserved.
DISCLAIMER