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Mortgage News for Tuesday - January 27, 2004

More Mortgage News
• Dealing with mounting debt
• Many still finding reasons to refinance mortgage
• The termination of spam by 2006?
• '03 sales of existing homes establish record
• Insurance firms to be questioned by MPs
• Commuter initiative no boost to homeowners
• MARTA worthy for homebuyers
• Analysts Expect Slowdown in Twin Falls, Idaho-Area Homebuilding in 2004
• Mass. governor shows $100 million plan to help construct new homes
• How does your debt measure up?
• Court nixes NYC predatory mortgage lending law
• IT'S TIME AGAIN TO APPROACH YOUR BANK FOR A MORTGAGE RATE CUT
• Freddie Mac Economist Expects Slowdown in Housing Industry
• Western Kentucky Bank Signs Will Stay Despite Union Planters Merger
• Good Times Still Strong For Myrtle Beach, S.C., Housing Market
• Strong Numbers for Mortgage Banker Countrywide
• Commentary: The death of the consumer is hugely overstated
• Fat-cat insurers 'out of touch' over mortgage endowments
• Buyers 'to focus on Euro mortgages'
• Housing market stays red hot
• Favorable Refinancing Still Available
• Capital Title acquires Nationwide Appraisal Services for $25M
• NVR energized by housing and mortgage boom
• On Personal Finance | The trade-off for low returns - safety
Mortgage News
Good Times Still Strong For Myrtle Beach, S.C., Housing Market - 2004-01-27
This could be the year to get that real estate license. It's going to be busy in home construction and housing sales.

Just about anyone involved with building and selling homes -- mortgage bankers, builders, Realtors -- foresee sticks, bricks, SOLD signs and small mortgage interest numbers. The housing market's only possible setbacks, local experts say, are terrorist attacks and natural disasters.
Read the full story at Miami Herald
 
Strong Numbers for Mortgage Banker Countrywide - 2004-01-27
Mortgage banker Countrywide Financial, surfing a tidal wave of mortgage refinancings, posted a 121% gain in fourth-quarter profit Tuesday.

The California-based lender earned $564 million, or $2.74 a share, up from $255 million, or $1.45 a share, a year ago. The nation's third-largest mortgage lender exceeded the Thomson First Call consensus estimate by 3 cents a share.
Read the full story at TheStreet.com
 






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