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Mortgage News for Sunday - February 15, 2004

More Mortgage News
• Mortgage insurance write-off floated
• Concerns over equity release loans
• The Very, Very Personal Is the Political
• A Matter of Timing in Paying Bills Online
• The Week Ahead: Laughing all the way to our banks?
• Income Tax Itemizers Need to Look Out For Easy-to-Miss Deductions
• Former Oregon resident facing federal fraud indictment
• SSS puts in P30 billion of mortgage agency’s loans
• How are home prices in your neighborhood?
• Mark Paul: Big debt? Big deal! Let your kids pay it down
• Foreign investment buying mortgages
• Nursing home fees more than mortgage payments
• Elderly face 'new mis-selling scandal'
• Pay down credit card debts first
• Bendigo Bank of Australia First-Half Profit Rises 36% (Update3)
• Loan Portfolio Valuation Solution Released
• BUSINESS PULSE
• Banks profit with strong mortgage business
• Timing not good for bill allowing Private Mortgage Insurance deductibility
• Single-family home sales increase steadily
• Sifting Through Rules Pays Off For Homeowners
• Annual home show provides smorgasbord of services
• Habitat for Humanity to dedicate homes today
• Married Couples Should Rethink Plans To Itemize
• Get rate locked on mortgage
• Don't get burned, know cool-off rules on loans and mortgages
Mortgage News
Bendigo Bank of Australia First-Half Profit Rises 36% (Update3) - 2004-02-15
Bendigo Bank Ltd., a regional Australian lender, announced first-half earnings increased 36 percent as lending approvals, mostly for mortgages, surged by almost half.

Net income increased to A$34.6 million ($27.3 million), or 26.8 cents a share, in the half ended Dec. 31, from A$25.4 million, or 20.3 cents, a year earlier, the Bendigo, Victoria- based lender said in a statement.
Read the full story at Bloomberg
 
Loan Portfolio Valuation Solution Released - 2004-02-15
Insightful, a developer of software solutions for the analysis of numeric and text data, has released a loan portfolio valuation solution that provides commercial banks, loan originators and the secondary loan portfolio markets with a dedicated analytic solution for enhancing the ease, accuracy and speed of scoring and assigning valuations to portfolios of loan products.

The mortgage market is the largest of the US debt markets with a total amount outstanding of over $5.2 trillion.
Read the full story at Technology For Finance
 






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