Housing demand leaves appraisers struggling - 2004-03-12
The scene: Rapidly rising Las Vegas homes, bidding wars that would make Sotheby's auction house proud, and appraisers struggling to determine the value of a home.

The setup: A mix of demand that far outstrips supply and people who are willing and able to pay cash for a home and low mortgage rates skyrocketing the price of homes in the past year.
Read the full story at In Business Las Vegas

Mortgage Giant Freddie Mac appoints Swell to security sales group - 2004-03-12
No. 2 buyer of U.S. mortgage debt, said on Friday it appointed Michael Swell to vice-president of its securities sales and trading group, the company's broker-dealer unit.

Swell is responsible for daily management of the group's operations, including customer relationships in primary mortgage market and overall business risk management, the McLean, Virginia-based company said in a statement.
Read the full story at Reuters via Forbes