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Mortgage News for Tuesday - February 3, 2004

More Mortgage News
• Mortgage Industry Veteran Peter J. Levasseur Joins American Business Financial Services
• Report Uncovers Huge Rent/Mortgage Burden For Illinoisans
• Impac Mortgage Holdings "buy," target price upped
• Don't pass up tax breaks of home mortgage points
• Mortgage rates expected to be steady
• HSBC Mortgage Corporation (USA), HSBC Bank USA, Freddie Mac, Affordable Housing Partnership Start $25 Million Dollar 'SHOP-CAPITAL' Program
• Mortgage Design Group.Com Leads Effort To Provide Identity Theft Protection In Colorado
• Wells Fargo Home Mortgage Gets NACHA's 2004 Payments System Award
• Homeownership Rate Establish Record in 2003
• Government asked to regulate home reversion plans
• Mortgage loan for recruit endorsed
• Freddie Mac's Loan Prospector(R) Service Reviews 9.5 Million Mortgage Loans in 2003
• Connecticut Consumers Maintain Faith in State Economy
• Outlook: As interest rates start to go up, how far can they go?
• £40,000 debt of the average family
• Columbia shares lower amid changes
• MBA Graduates Certified Mortgage Bankers at CREF Convention
• Security Bancorp, Inc. Release Fourth Quarter Earnings
• MBA Discloses Annual Multifamily and Commercial Servicer Rankings
• UB Mortgage rolls out loan for homeowners staying put
• Those With Poor Credit And Recent Bankruptcies Need To Explore Subprime Lending When Buying Or Refinacing Their Home
• Mortgage of the week - 2nd February 2004
• Recent sales appointments for Mortgage Trust
• Learning the value of a dollar U
Mortgage News
MBA Graduates Certified Mortgage Bankers at CREF Convention - 2004-02-03
The Mortgage Bankers Association, today at its annual Commercial Real Estate Finance/Multifamily Housing Convention and Expo, handed to 15 mortgage banking professionals the Certified Mortgage Banker designation, the highest professional designation for the real estate finance industry.
Read the full story at Mortgage Bankers Association
 
Security Bancorp, Inc. Release Fourth Quarter Earnings - 2004-02-03
Security Bancorp, Inc. declared on January 29, 2004 consolidated earnings for the year ended December 31, 2003. The Company is the holding company for Security Federal Savings Bank of McMinnville, Tennessee.

The increase in loans receivable, net, for the year ended December 31, 2003 was attributable to an increase in mortgage and consumer loans due to the continued downward trend in interest rates.
Read the full story at News Alert
 






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