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Mortgage News for Friday - January 30, 2004

More Mortgage News
• Ask the expert: Poor credit histories
• Company reliability queries grow
• E-loan posts poor results, mortgage refinancing down
• Economy Grows at 4% Rate in Last Quarter of 2003
• Consumer debt growth cools down
• Bay Area housing values healthy -- for now
• A flexible new way to purchase a home
• Mortgage Lender Washington Mutual cuts 98
• December mortgage jump establish record
• Piling America with unhealthy debt
• Minnesotans May Look Back at 2003 as Year Filled with Financial Misery
• Property Owners in Norwalk, Conn.-Area Look at Reverse Mortgages
• Saving to pay down the mortgage
• Higher mortgage rates no worry: trust
• Would-be investors on sidelines
• Helping hand for first-timer home buyers
• Nice house - with a £12m mortgage
• Mortgage securities boost economy
• Renters don't buy into condo plan
• Akron-area firms erroneously on mortgage broker registration revocation list
• Firefighter program lowers costs of houses
• Housing supply blunts the region's growth
• Broker is facing mortgage charges
• Cash purchase or mortgage for a home?
• Mortgage rates stay low, home buyers enjoy
• Spokane home sales establish records again last year
Mortgage News
Firefighter program lowers costs of houses - 2004-01-30
New Orleans Fire Department Superintendent Charles Parent and other city officials Thursday unveiled a public-private initiative to make it easier for the city's firefighters and other department employees to purchase a house.

The department's 788 employees, most of them firefighters, no longer have to figure out by themselves how to take advantage of a collection of special programs that could lower costs.
Read the full story at NOLA Live
 
Housing supply blunts the region's growth - 2004-01-30
As chairman of the governor's regional competitiveness council for the North of Boston area, Steven B. Kaufman of Avici Systems in Burlington has been engaging local business people over the past few months to listen to their concerns.

Toward that end, it will utilize existing MassHousing reserves and anticipated income from mortgage repayments to help finance new housing and push "smart growth" initiatives that encourage construction of affordable units in areas with existing infrastructure.
Read the full story at Gloucester Daily Times
 






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