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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
Reporting for Duty - 2004-02-23
Advisors probably won't insult your mother and it's not likely that they'll push a grown man to tears, but Minnesota Life's four-month training program-which focuses on priming newly recruited college grads for the rigors of an aggressive IT shop-could be mistaken for a boot camp.

The IT group has also managed to help Minnesota Life maintain its lead in the mortgage marketplace by Web-enabling support functions and working towards implementation of a new mortgage product.
Read the full story at Insurance and Technology
 
Chevy Chase Bank Picks Guardian Mortgage Documents' NGIS for Web-Based Document Production - 2004-02-23
Chevy Chase Bank of Bethesda, Md., a $12 billion financial institution, has created web-based document preparation and electronic delivery accessible to its correspondent lenders through Guardian Mortgage Documents' Next Generation Input System.

Correspondent lenders can now quickly generate documents that conform to Chevy Chase-specific guidelines and receive the documents within seconds of requesting them.
Read the full story at Business Wire via Yahoo!
 






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