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Mortgage News for Tuesday - February 10, 2004

More Mortgage News
• U.S. affordable housing faces difficult year-S&P
• Fannie Mae, lenders set to revive US mobile homes
• MFA Mortgage prices offering at $10.13/shr
• US official-Senate GSE regulatory idea 'attractive'
• UK FSA okays checks on self-certified mortgages
• Highflier fames out on Met Mortgage scandal
• Florence, S.C., to Lose 700 Jobs in BlueCross BlueShield Layoffs
• Outsiders intend to grab share of home-selling market
• 2004 home sales could beat record '03
• California Firm Unveils Rankings for Areas At Risk for House Prices to Drop
• Falling behind? Inform your mortgage servicer
• Regulators want fraud probe at Met Mortgage
• State Bank acquires Houston mortgage company
• Bank cutting 200 workers
• Fidelity National grabs Aurum
• Register Now for the 2004 MBA National Technology in Mortgage Banking Conference & Expo!
• Mobile home stocks higher as mortgage loans eased
• Canada Housing Starts 11 Percent Lower in January
• Australian Home Loans in December Probably Dropped 2%
• Tough Deal For Mortgage-holders
• HOUSING: Home cost surge out-paces london
• US mortgage-backeds narrower ahead of Treasury sale
• Stewart Mortgage Information Offers 'Construct Your Own Bundle(TM)' of Lending Services
• Fannie Mae and Lender Partners Join to Provide Manufactured Housing Loans With Five Percent Down Payments
• National Credit Counseling Agency Offers Smart Strategies For Boosting Personal Cash Flow in 2004
• Do No Harm to Housing Markets, ICBA Informs Congress
• No indication of widespread self-cert abuse, says FSA
• Harrison football standout joins HomeBanc mortgage
Mortgage News
HOUSING: Home cost surge out-paces london - 2004-02-10
Research by the Land Registry indicates that during the last quarter of 2003, the average house price in the city was £119,462.

"We are seeing terraced houses that were selling for £95,000 before Christmas going for £105,000 now.

"But prices are still low considering our close location to London, and mortgage companies seem willing to lend more money these days."
Read the full story at Peterborough Evening Telegraph
 
US mortgage-backeds narrower ahead of Treasury sale - 2004-02-10
U.S. mortgage-backed prices followed Treasuries lower on Tuesday, but mortgage securities
spreads tightened marginally as investors awaited the sale of three-year U.S. government debt that could affect yields.

Market players were also busy with 48-hour pool
notification day for 30-year mortgage bonds in the dollar roll market.
Read the full story at Reuters via Forbes
 






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