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Mortgage News for Saturday - February 14, 2004

More Mortgage News
• Mortgage Rates Drop
• Real estate could be a real investment
• Coraopolis, Pa., Mortgage Settlement Firm Experiences Robust Business after Spinoff
• Family loans a good way to shun estate tax
• Important differences separate condos and co-ops
• Hispanic home ownership on the rise
• Bank group has annual meeting
• Transform new rental property into dream house
• Carolina Financial's net income climbs
• Habitat requires a family
• Building bridges to the American dream
• Habitat group sets bar high
• Thanks to Section 8 vouchers, she's is a homeowner
• 7 Easy Steps to a Quicker Tax Refund
• One Price shut down carries high price tag
• Citizens First Bancorp, Inc. Declares Earnings for Three and Twelve Months Ended December 31, 2003
• Inflation unlikely to stop interest rate cuts
• ICICI Bank offers Home Loan with varying EMI
• Consumer Watch | Reaching credit agencies can be hassle
• Median home prices soaring high
Mortgage News
Coraopolis, Pa., Mortgage Settlement Firm Experiences Robust Business after Spinoff - 2004-02-14
After devoting a decade helping to build Lender's Service into one of the biggest players in the mortgage processing industry, Fran Azur left the company in 1993 to feed his independent spirit and launch something new.

It didn't take long for Azur's company, ATM Corp. of America, to become a giant in its own right. The Coraopolis-based concern, located not far from Lender's Moon offices, employs 650 and bills more than $50 million a year in mortgage settlement services.
Read the full story at Miami Herald
 
Family loans a good way to shun estate tax - 2004-02-14
You may be thinking, "Hey, the estate tax is withering away. ... And even if it doesn't shrink completely, I'm not worth enough to care."

Currently, the rate, fixed for the life of the loan, would be 1.62 percent on a loan of three years or less, 3.44 percent on one of three to nine years, and 4.94 percent on one with a term over nine years. You can't beat those rates at a bank or mortgage company.
Read the full story at Miami Herald
 






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