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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
British private debt higher - 2004-01-20
British analysts say consumer debt increased 8 percent over Christmas to 109.37 billion pounds (US$195 billion) -- averaging 5,993 pounds (US$10,685) per individual.

Among Britain's 4.1 million unemployed, debt averaged 3,325 pounds(US$5,928) or a total of 13.47 billion pounds (US$24 billion), consultants Debt Free Direct says.

The debt level excludes mortgage obligations.
Read the full story at Washington Times
 
Leave the No Call list alone - 2004-01-20
It's evening, and you're home hoping to forget the pack of imbeciles and frustrations that grace your day. The last thing you want is a hard sales pitch from some two-bit mortgage company.

The revulsion to being pestered at home helps explain why the state and national no-call lists are wildly popular. It helps to explain why the state Legislature is considering a bill that would expand the no-call list — applying it to charities and politicians.
Read the full story at The Daily Camera
 






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