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Mortgage News for Friday - February 13, 2004

More Mortgage News
• US 30-year mortgage rate unchanged Friday
• High on mortgages, low on cameras
• Ex-councilman to serve 15 months for mortgage fraud
• Macon, Ga.-Based Bank to Establish Three Retail Mortgage Offices
• SEC Wants Investigation for Spokane, Wash.-Based Metropolitan Mortgage
• Right of rescission allows you to back out of a loan
• Greenspan to Congress: Future looks bright
• More gains forecasted in home prices
• Fiscal hit up north
• Hawaii mortgage rates drop to 5.25%
• Asian central banks assisting U.S. home buyers
• I COULD LOSE MY HOME, SAYS ANGRY ISABEL
• Home buyers get break as mortgage rates decrease
• TYSON FOODS INTRODUCES $50 MILLION HOMEOWNERSHIP INITIATIVE FOR TEAM MEMBERS WITH FREDDIE MAC
• Home mortgage loans drop again
• Countrywide Bank Enhances Presence in Philadelphia Area; Establishes Financial Center in Huntingdon Valley
• Fannie Mae Goes For Front-End Funding For Feb
• Two men charged in credit-report scam
• Fidelity D & D Bancorp, Inc. Posts 2003 Financial Results
• SouthFirst Bancshares, Inc. Declares Earnings for Three Months Ended December 31, 2003
• Sterling’s mortgage unit breaks $1 billion
• Real estate lending here grew substantially in ’03
• More than zoning needed to keep some lenders from ripping poor off
• Habitat for Humanity to celebrate first house constructed in Jo Daviess County
• Inevitability of Higher Mortgage Rates
• Free autoresponder system for mortgage brokers at mortgagefollowup.com
Mortgage News
Home mortgage loans drop again - 2004-02-13
New housing loans have fell for a third consecutive month, providing more evidence that rising mortgage rates are starting to bite.

The number of housing finance commitments fell by 0.8 per cent in December, the Australian Bureau of Statistics said on Friday.

While this was stronger than consensus market forecasts of a 2.0 per cent fall, it was affected by a 0.9 per cent increase in refinancing, the eighth successive rise.
Read the full story at Financial Review
 
Countrywide Bank Enhances Presence in Philadelphia Area; Establishes Financial Center in Huntingdon Valley - 2004-02-13
Countrywide Bank, a division of Treasury Bank, N.A., today revealed its continued national expansion with the establishment of a new financial center in Huntingdon Valley.

Countrywide Bank is a member of the Countrywide Financial Corporation family of companies, which includes Countrywide Home Loans. The company's mortgage lending division has been helping Philadelphia area residents achieve the dream of homeownership for decades.
Read the full story at PR Newswire via Yahoo!
 






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