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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
BART ''Transit Village'' Features Spectacular New Homes at Incredibly Low Prices - 2004-02-22
This weekend BART, the city of Richmond and The Olson Company will highlight their newest transit village next to the Richmond BART station -- one that provides spacious, award winning, beautifully designed single-family attached homes at breath taking prices!

Lenders like Fannie Mae are offering buyers larger loans because they figure people can afford a bigger mortgage payment because they'll be spending less on their cars and using transit instead.
Read the full story at Business Wire via Yahoo!
 
Bad debts to take sparkle off HBOS record £4bn profit - 2004-02-22
Britain's biggest mortgage lender, HBOS, will this week report post profits of almost £4 billion, but set alarm bells ringing with a huge increase in bad-debt provisions to take account of doubtful loans.

Chief executive James Crosby has already said that the company is tightening lending criteria as interest rates head north, with economists predicting they could hit a peak of 6 per cent in 2005.
Read the full story at Observer
 






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