House approves ban on predatory mortgage lending - 2004-02-09
Compromise on all sides led to House approval last week of a bill that prevents some controversial mortgage lending practices and limits others.

The bill governs lending operations in the subprime market, which is industry jargon for loans to borrowers with poor credit or no credit.

Those loans often involve high interest rates and/or high fees and penalties whose combined effect can increase the likelihood of foreclosure or insurmountable debt.
Read the full story at South Bend Tribune

Mississippi View Holding Company Declares 1st Quarter Earnings - 2004-02-09
Little Falls, Minnesota, parent company of Community Federal Savings & Loan Association of Little Falls, Minnesota, declared today earnings of
$88,000 for the quarter ended December 31, 2003, versus $130,000 for the quarter ended December 31, 2002.

The deposits are federally-insured by the Federal Deposit Insurance Corporation up to the legal maximum. The Association provides deposit services and offers consumer, commercial and mortgage loan products to the local community.
Read the full story at PR Newswire