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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
Real Estate Services Firm Plans to Simplify Home Buying - 2004-01-20
The steps taken for selling or buying a house hasn't changed much over the years until now.

The firm will partner with an on-site appraiser, who will provide a full mortgage appraisal to sellers at the time of listing, as well as a certified home inspector and a bonded exterminator who will inspect the property before it is placed on the market.
Read the full story at Miami Herald
 
Mortgage brokers must disclose kickbacks - 2004-01-20
Mortgage brokers will be required to disclose kickbacks received from lenders they recommend to customers under legislation which will come into effect this year.

A decision by mortgage broker Mortgage Choice to drop the Commonwealth Bank from its list of lenders - because the bank refused to pay a $200,000 sponsorship for a national conference - has prompted consumer groups to call for a ban on so-called "soft dollar commissions".
Read the full story at Sydney Morning Herald
 






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