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Mortgage News for Friday - January 23, 2004

More Mortgage News
• U.S. mortgage rates same on Friday
• Regions, Union Planters declare merger plans
• Rising mortgage rates won't hurt US housing-Fannie Mae
• Home market soars
• Santa Clara County home sales up
• Lending Suit Settlement Means Less Money for North Carolina Plaintiffs
• Does purchasing a home always beat renting?
• Mortgage rates reaches 40-year low
• Denver Chamber Sees 1.2 Percent Job Growth
• Identity theft growing rapidly
• U.S. agency wants Freddie Mac executive testimony
• Ventura County, Calif., Real-Estate Firms Declares Profit in Fourth Quarter
• Wauwatosa, Wis., Economic Development Corporation Regroups
• The murkiy side of the mortgage
• New-Home Building Frenzy Goes into December
• A major forecaster of trends increases optimism
• New home prices increase by £8,000
• Standard deal on mortgages
• FHA wants to insure zero-down mortgages
• The Debt Adviser
• Lower mortgage loan activity hurts Bank of Ky. 4Q
• Some facing retirement worry about having too much income
• Auditor quits at Met Mortgage
• Associated Bank income increases 4.1 percent
Mortgage News
Denver Chamber Sees 1.2 Percent Job Growth - 2004-01-23
The Denver Metro Chamber of Commerce is expecting 1.2 percent job growth for the region this year. Metro Denver will add about 15,800 jobs this year after losing nearly 51,500 jobs over the past two years.

Retail activity has picked up due to increases in monthly disposable income resulting from federal tax breaks and mortgage refinance activity," the chamber said.
Read the full story at Miami Herald
 
Identity theft growing rapidly - 2004-01-23
When an errant item appeared on Chantal Perreault's banking statement in October, she believed it was simply a misdirected payment. But as the Las Vegas resident delved into the details of the $700 deposit, she found that she had become another casualty of identity fraud.

She suspects information used to fill out a mortgage application found its way into dishonest hands since the fraudulent activity began the day after she and her boyfriend closed on their house.
Read the full story at Miami Herald
 






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