Mortgage Service Provider Basis100 has a new chief executive - 2004-02-19
Basis100 Inc., a Pittsburgh company that provides services to the mortgage industry, said it had appointed a new president and chief executive.

The company, which moved its headquarters to Pittsburgh from Toronto last year, said Michael Johnston would take over as president and CEO, effective immediately.
Read the full story at Pittsburgh Business Times

Stocks dragged down by housing report - 2004-02-19
A downbeat housing report dragged stocks down yesterday, stalling the recent tailwind from a market rejuvenated by merger activity.

On the bright side, continued low mortgage rates drove mortgage applications up 5% last week. Refinancings led the surge, rising 6% from the prior week as 30-year fixed mortgage interest rates edged down to an 8-month low of 5.46%.
Read the full story at New York Daily News