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Mortgage News for Wednesday - January 21, 2004


• Home builders have best year since 1978
  Residential construction activity picked up in Dec... more

• US Senator-Don't eliminate Fannie,Freddie benefits
  U.S. Senate Banking Committee Chairman Richard She...more

• Freddie Mac indicates 2003 earnings report on track
  The No. 2 source of U.S. mortgage finance, Freddie... more

• Money worries in your 20s? There could be hope
  The financial forecast for young people doesn't se...more

• US requests for loans to acquire homes at record high
  A record number of Americans filed applications fo... more

• Fannie Mae fourth-quarter profit more than doubles
  Fannie Mae, the biggest purchaser of U.S. mortgage...more

• Fannie Mae investment portfolio lower in December
  Fannie Mae, the biggest buyer of U.S. mortgages, d... more

• Lower mortgage demand drags down Washington Mutual profit
  Lower demand for home loans lowered Washington Mut...more

• S&P Downgrades Mortgage Buyer Fannie Mae to Hold
  Fannie Mae saw fourth-quarter operating earnings p... more

• Probability of interest rate hike increased
  The probability of a hike in interest rates has in...more

• HUD wants zero-down mortgage loans
  Some prospective homeowners may not need to ask th... more

• Wachovia unit appoints real estate exec
  Wachovia Securities has appointed Leslie Fairbanks...more

• MORTGAGE DEBT STILL GROWING TOO RAPIDLY
  Commenting on the Building Societies Association f... more

• MORTGAGE LENDING SURGED 25% IN 2003
  Homeowners borrowed £270.6bn in 2003 as the lendin...more

• Getting city's poor to use tax credits
  Philadelphia's working poor could share in $85 mil... more

• Winton Financial Corporation Posts First Quarter Fiscal 2004
  Winton Financial Corporation, the parent of Winton...more

• NEW LENDING FIGURES ARE REASON FOR CONCERN
  Figures from the Council of Mortgage Lenders show ... more

• Bank Mutual Corporation Posts Earnings for the Year of 2003 and the Fourth Quarter of 2003
  Bank Mutual Corporation posted earnings of $22.6 m...more

• US home building shares up as news impresses investors
  Shares of home construction stocks surged Wednesd... more

• Mortgage Rates and Bush ... better lucky?
  Mortgage applications to buy a home hit an alltime...more

• Prudential Huntoon Paige Processes $16 Million in Loans
  Prudential Mortgage Capital Company disclosed tod... more

• Thornburg Mortgage licenses 3t Systems loan processing platform
  US-based Thornburg Mortgage is using 3t Systems' W...more

• Economists expect decrease in home sales, construction
  For three years, economists have forecasted a decl... more

• Neighborhood looks to broaden housing design standards
  Neighborhood groups have monitored his march with ...more







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