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Mortgage News for Friday - February 20, 2004

More Mortgage News
• Mortgage rates dip to lowest level in 7 months
• Alliance & Leicester posts strong profits growth
• Plans to assist house buyers
• Don't fear U.S. consumer meltdown
• California housing market prices set new records in January
• Mortgage Bank A&L reports 12% jump in profits
• Guru Face-Off: Home Builders
• Investors in Nevada Mortgage Brokerage Fund Fight Court's Decision
• The figures suggests a rosier job picture
• Habitat for Humanity Gives Itself New Home, Resale Store in Toledo, Ohio
• Regulators file charges against failed bank's ex-president, associate
• Mortgage lending up, strong retail sales add to pressure
• Housing prices continue to increase amid robust sales
• Mortgage and general insurance - transitional provisions for consumer complaints
• OFFER TO SHARE WHICH CAN PROVIDE FIRST-TIME BUYERS A LEG UP ON PROPERTY LADDER
• U.S. mortgage bonds lower after January CPI rise
• Will economy be Bush's downfall
• Condos hit single-family price parity
• MCAP Inc. Posts Fourth Quarter Earnings
• Lenders providing more flexible ways to buy home
• Mortgage Refinancings boost revenues in county clerk's office
• Inflation lower in January
• Rivoli declares stock split, annual earnings
• Peninsula 'hotter than a pistol'
Mortgage News
Rivoli declares stock split, annual earnings - 2004-02-20
Rivoli Bank & Trust decalred on Thursday a stock split and release of its annual earnings.

"Our board of directors continues to recognize the growth and potential of Rivoli Bank & Trust. We feel this stock split is a statement of confidence in our bank and reflects the opportunities we see for our bank and its new mortgage division," bank president Pat McGoldrick said in the news release.
Read the full story at Macon Telegraph
 
Peninsula 'hotter than a pistol' - 2004-02-20
For the sixth consecutive month, Bay Area home sales established a fifteen-year record in January as the economy started to improve and mortgage rates stayed low, a real estate information service said.

The median price paid for Bay Area houses and condominiums last month was $443,000, a 9.7 percent increase from a year ago but a 3.3 percent decline from $458,000 in December.
Read the full story at The Daily Review (Hayward)
 






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