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Mortgage News for Wednesday - January 7, 2004

More Mortgage News
• U.S. home loan applications climb upward
• More credit pain coming?
• Job growth key to home sales
• Proposed Rules on Mortgages Attract Criticism
• N.Y. Firm Hires Ex-Treasury Officer
• US CREDIT-Monitoring interest-rate volatility
• 2003 bankruptcies expected to break record
• Endowment pain for homebuyers
• Gig Harbor site of homebuying class at end of month
• Judge says no to release request for former mortgage company owner
• Cape housing market healthy
• First Federal of the South Announces Purchase of Walton Mortgage
• Deal with debt in the new year
• Housing prices may start to drop in 2004
• North Dakota Parole board turns down parole for Milwaukee Man
• NextRE simplifies transactions for new home buyers
• Daniel G. Merkel Promoted to Regional President of Commercial Banking For Ohio at Republic Bank
• Business Bank of Nevada Hires Longtime Commercial Real Estate Lender to Handle Increased and Expanded Lending Activity
• Former attorney pleads guilty in real estate fraud
• Developers finding patience key in rejuvenate old properties
• N.Va. home sales robust before winter slide
• Broker charged with embezzlement
Mortgage News
Gig Harbor site of homebuying class at end of month - 2004-01-07
The Washington State Housing Finance Commission, in conjunction with the Kitsap Housing Coalition and local Gig Harbor instructors trained by the commission, will give a free Housing and Urban Development-approved five-hour first time homebuyer class.

The home buying process and non-government/conventional first mortgage and down payment assistant programs will be reviewed. The class is set for Saturday, Jan. 31, at the Gig Harbor Library, at 4424 Fosdick Dr., from 9 a.m. to 3 p.m.
Read the full story at Tacoma Daily Index
 
Judge says no to release request for former mortgage company owner - 2004-01-07
For the second time in a month, a federal judge has turned down a request to let the former co-owner of a Naples mortgage company out of jail before he is sentenced.

Former Naples resident Jack Pentz, convicted Nov. 24 of wire fraud and money laundering, had renewed his request to be released until his March 1 sentencing.
Read the full story at Naples Daily News
 






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