Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Tuesday - February 24, 2004

More Mortgage News
• Greenspan: Mortgage debt could be threat
• CEO of collasped mortgage co. pleads guilty
• Mortgage giant Fannie Mae says Greenspan fails to appreciate its role
• First-time house purchasing '33% less affordable'
• Bank provides Islamic mortgage
• Disappointing consumer confidence report push stocks down
• Greenspan says Adjustable Rate Mortgages might be better option
• Don't ignore tax breaks for mortgage points
• Raleigh, N.C.-Area Professionals See Many Learn Difficult Lessons during Tax Season
• Twenty-somethings hurry to acquire homes
• CMHC allow buyers work for down payment
• Zero Down Payment Plan Could Make Initial Home Ownership 'Too Easy'
• Mortgage giants Fannie Mae, Freddie Mac Lower on Greenspan Speech
• FTC Testifies on its Actions to Fight Unfair and Deceptive Subprime Lending
• US Treasury Sec, Greenspan Draw Positive Picture of US Economy
• Bain supports probe of bank lending practices
• First-time home buyer numbers 'collapse'
• Two charged in federal mortgage scheme situation
• Acxiom Builds Alliance To Combat Financial Fraud
• Mortgages: J.P. Morgan merger criticized
• Analysts: Longer-term lending main challenge this year
• Higher mortgage rate despite higher equity
• Standard Life faces anger over executive pay
• Mortgage Firms are Shut Down
Mortgage News
Standard Life faces anger over executive pay - 2004-02-24
Top executives at Standard Life are set to go through another storm of policyholder anger when they award themselves six-figure bonuses this year.

A clear indication of the level of bonuses for 2003 was provided by Standard Life Bank’s annual report and accounts, which revealed that chief executive Anne Gunther pocketed a 30% pay rise last year, despite ongoing upheavals at the mortgage specialist’s parent company.
Read the full story at Scotland on Sunday Online
 
Mortgage Firms are Shut Down - 2004-02-24
Two companies which took advantage of homeowners who had financial problems have been wound up, it was disclosed today.

The London Mortgage Exchange and the London Property Exchange were both wound up yesterday following an investigation by the Department of Trade and Industry.
Read the full story at PA News via The Scotsman Online
 






down payment
types of mortgages
closing costs
finding lenders
the do's and don'ts of mortgages
mortgage glossary



 
Copyright © 1999-2003. Mortgages Magazine Inc., LLC All Rights Reserved.
DISCLAIMER