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Mortgage News for Monday - February 9, 2004

More Mortgage News
• US mortgage-backed market closely monitors Treasury yields
• InterActiveCorp Gets Earnings Jump
• $6.4M mortgage loan that saved Kerry may also drain him
• Experts Say Careful Taxpayers Can Find Slew of Deductions in Their Homes
• Members Equity shows plans for industry funds merger
• Interest rates must rise, warns Reserve
• Getting rid of private mortgage insurance early on
• His credit -- Our house
• Home buyers, fire up your search engines
• How can I save when I'm almost broke?
• Demand for homes surges
• Convinced on homes
• BIA: 2003 new-home sales decrease 7 percent
• MBA Presents to SEC, Wants Member Involvement on Accounting for Interest Rate Lock Loan Commitments
• Cold weather blamed for less housing starts
• American Mortgage Express Shows New Headquarters
• Holmes appointed head of Ann Arbor Mortgage
• Simple planning aids buyers get excellent mortgage rates
• US Senate makes Fannie, Freddie hearing for Tuesday
• Some US Appraisers Feel Pressure To Boost Home Values
• House approves ban on predatory mortgage lending
• Mississippi View Holding Company Declares 1st Quarter Earnings
• Flight to euro mortgages can be journey fraught with danger
• CONGRESSMAN FORD, FREDDIE MAC INTRODUCE $25 MILLION EFFORT TO REVITALIZE MEMPHIS NEIGHBORHOODS, LIFT MINORITY HOMEOWNERSHIP
Mortgage News
US mortgage-backed market closely monitors Treasury yields - 2004-02-09
U.S. mortgage-backed bonds were slightly narrower in spread early Monday with investors
warily eyeing Treasury yields for more declines that could inflame prepay concerns and widen spreads.

Treasury 10-year notes rose 2/32 at mid-morning on Monday to yield 4.07 percent.
Read the full story at Forbes
 
InterActiveCorp Gets Earnings Jump - 2004-02-09
Electronic commerce company InterActiveCorp. posted higher income and revenue in the fourth quarter as it displayed growth in its online travel, ticketing and personals services as well as its Home Shopping Network.

The company's financial services and real estate division, which includes last year's acquisition of LendingTree.com, reported lower than expected revenue from mortgage refinancings in the fourth quarter.
Read the full story at San Jose Mercury News
 






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