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Mortgage News for Monday - January 5, 2004

More Mortgage News
• A second home may not be vacation paradise
• A fire does effect home equity
• Stay-at-home mom doesn't want to go back to work
• Construction spending breaks record for fifth straight month
• Ex-receiver now a mortgage lender
• Balancing family, work: More Americans realize they can't have everything
• Where are house prices going in your town?
• U.S. consumers living dangerously with high debt
• Time to manage credit-card debt and start planning for taxes
• Steady House Values Across UK
• Banks Has Cheapest Mortgages - Survey
• DEVELOPER MAY LOOK FOR DEAL ON HOUSING DENSITY
• Plenty of million dollar homes on the market
• Ryan looks to improve region's economic climate
• Robert Dozier Jr., Mortgage Executive
• Festive spending causes bankruptcy hangover
• Thailand May Encourage Banks to Merge to Increase Competitiveness
• Australian Building Approvals Decreased 5%
• RBC Mortgage Renames More Than 115 Branches After Recent Acquisition
• Oak Street Mortgage Hires Portfolio and Pricing Manager
• Reverse mortgage expensive but may assist retirees
• US mortgage rates same Monday
• US to lean on Fannie, Freddie on affordable housing
• Lucky Winner Starts 2004 With An Extra $88 Million
Mortgage News
Robert Dozier Jr., Mortgage Executive - 2004-01-05
Age: 35

Job: President, Homeowners Mortgage in Columbia. Dozier is in charge of day-to-day operations of the company, which has 103 employees and will originate about $1 billion in residential mortgages from three divisions working across the Southeast.

Education: Bachelor’s degree, political science, USC, 1990
Read the full story at The State
 
Festive spending causes bankruptcy hangover - 2004-01-05
Christmas shopping and new year over-indulgence may cause record levels of individual bankruptcies in Scotland.

"An individual with serious debts will typically have a mortgage in the region of £50,000 to £100,000 and commonly credit and store card debts of £50,000. Whilst this may sound like enough deterrent for staying away from the high street altogether, we regularly see people, especially over Christmas, add to their problems in quite a substantial way.
Read the full story at Glasgow Herald
 






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