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Mortgage News for Sunday - February 22, 2004

More Mortgage News
• Lender provides free, unlimited views of credit scores
• Vaulting to No. 1, a Truism at a Time
• Banks, Latinos in Pennsylvania Build Mutual Interests
• Hope for renters with on-time payments
• Little interest in low mortgage rates: Why?
• Group works on multifamily project
• Paying down your mortgage with a home equity loan
• FAQ about trading equity for cash
• Understanding cash-out refinancing
• On Personal Finance | Enjoy economic paradox: Recovery, low loan rates
• Real estate agents arrested for bilking Hispanic customers
• The golden age of home acquisition
• Adjustable-rate mortgage features savings, but with risk
• Kiwibank says no home mortgage loan for low earners
• Albany hopes to assists first-time home buyer
• Moneywise: Matching risk and reward
• Mortgage foreclosures weigh on housing market
• With house their only asset witha mortgage, time to liquidate?
• Family loans a good way to avoid estate tax
• Realtor Judy Moore on real estate, housing prices in Mass.
• Realtor Judy Moore on real estate, housing prices in Mass.
• Bet on mortgage lenders to cash in with record profits
• BART ''Transit Village'' Features Spectacular New Homes at Incredibly Low Prices
• Bad debts to take sparkle off HBOS record £4bn profit
Mortgage News
Lender provides free, unlimited views of credit scores - 2004-02-22
Home mortgage and credit industry experts say it could be the beginning of something huge: lenders providing free, round-the-clock access to your current credit score, plus practical advice on how to improve it.

Providian Financial Corp., a large credit card issuer, plans to give all of its customers unlimited views of their credit scores, anytime they choose, at no charge.
Read the full story at San Francisco Chronicle
 
Vaulting to No. 1, a Truism at a Time - 2004-02-22
On a recent Saturday morning, David Bach ate what he regarded as a debtor's breakfast, and it bothered him all day. This was the problem: the Ritz-Carlton had charged him $6 for a muffin.

Everybody should buy a house and pay off the mortgage ahead of schedule. Everybody should cut back on mindless, chronic purchases - he has coined the term "latte factor" - sock the money away and take advantage of the "miracle" of compounded interest.
Read the full story at New York Times
 






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