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Mortgage News for Monday - February 23, 2004

More Mortgage News
• Greenspan suggests household balance sheets in 'good shape'
• UK could get hit with 'housing bubble'
• Fannie, Freddie Overestimated Loan Limits
• First Active lowers fixed mortgage rates
• $33m man lives up to his worth
• First-home buyers get relief from stamp duty
• Everyday People: New 'Habitat' chief assist in building community
• Financial potholes on way to your dream house
• WACHOVIA'S MARTIN DAVIS REGARDED ONE OF TECHNOLOGY'S 50 MOST IMPORTANT AFRICAN-AMERICANS FOR 2004
• Buy-to-let sales could drag down market
• Keith Locker Named to President of RFR's Inlet Capital LLC
• Be careful of fine print of deals guaranteeing closing costs
• Reporting for Duty
• Chevy Chase Bank Picks Guardian Mortgage Documents' NGIS for Web-Based Document Production
• New housing shortage has prices climbing
• Mortgage Rates Continue to Abate
• Freddie Mac's Home Value Explorer is Currently Available on Basis100's Decisioning Platform
• Checking for Adverse Selection and Moral Hazard in Consumer Loan Markets
• Stewart Realty Solutions Acquires RealtyAssist
• AccuPost Corp. Reorganizes to Accommodate Growth and Increase Scalability
• Hanover Capital Mortgage Holdings Declares 2003 Fourth-Quarter and Year-End Results
• Document Systems, Inc. and Integra Software Systems Unveils DocMagic Direct Interface For Destiny Users
• Beware of mortgage rates that jump before you close on loan
• Tarrant County Incorporates Hart InterCivic System to Electronically Record Real Estate Documents
• Foreclosures touch another record in '03
• Tax Break: How your house can boost your deductions
Mortgage News
WACHOVIA'S MARTIN DAVIS REGARDED ONE OF TECHNOLOGY'S 50 MOST IMPORTANT AFRICAN-AMERICANS FOR 2004 - 2004-02-23
Wachovia Corporation revealed today the editors of Blackmoney.com and US Black Engineer & Information Technology magazine have named Martin Davis, Corporate Chief Information Officer (CIO), to the prestigious 50 Most Important African-Americans in Technology list for 2004.

More than nine million households and 900,000 business customers are acquainted with these services under the Wachovia Bank, Wachovia Securities and Wachovia Mortgage brand names.
Read the full story at Wachovia
 
Buy-to-let sales could drag down market - 2004-02-23
A swarm of amateur buy-to-let landlords all trying to sell at the top of the market will push Britain into a devastating collapse in house prices, claims one of the most bearish reports on the housing market ever to come out of the City.

House prices will fall by 30%, according to the report by investment bank Durlacher, with some collapsing by 45%. Some financial institutions like Bradford & Bingley, which has aggressively bankrolled the buy-to-let boom and self-certified mortgages, may not survive.
Read the full story at Evening Standard
 






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