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Mortgage News for Monday - March 15, 2004

More Mortgage News
• OFFICIAL-UPDATE 2-U.S. 2004 new mortgage supply
• Bush Touting Home Ownership in Pa.
• Mortgage Giant Fannie Mae's investment portfolio shrinks in Feb.
• A Call to Adjustable Rate Mortgages
• Surging house prices fail to deter first-time buyers
• Iowa-Based Custom Molding Firm Enters High-End Home Market
• Is the Mortgage Rate the Only Key Factor in Selecting a Mortgage Solution ?
• Financing construction of a new home
• Forum for first-time home buyers
• Loan blow for first-time buyers
• Clinics offer mortgage foreclosure victims aid and advice
• Bank repossessed and sold wrong flat
• Nonprofit housing group assists area homeowners
• Big brokers filling niche carrying loans such as mortgages
• CampusMBA Graduates First Class of Certified Mortgage Technologists
• MBA Revises '04 Mortgage Origination Forecast
• US mortgage bond spreads mixed before Fed talks
• Greenspan: adjustable mortgages can save money
• Leaders unveil plan to curb predatory mortgage lending
• Plymouth Exchange Adopts Mortgage Builder's Wholesale Broker Web Site
• Rapid Reporting Helps Protect The Mortgage Network Against Fraud Menace
• 3t Systems Upgrades Mortgage Cadence to Enhance Mortgage Lenders' Workflow and Core Business Capabilities
• Pink highlights strength of mortgage club
• Preferred Financial Group Growth Propels Millbrae-Based Mortgage Firm into Opening New Offices
Mortgage News
Clinics offer mortgage foreclosure victims aid and advice - 2004-03-15
Philadelphia homeowners who are dropping behind in their mortgage payments or whose homes have been listed for foreclosure can go to two free clinics on Thursday for advice on how to try to keep their homes.

The clinics, sponsored by the office of Philadelphia Sheriff John Green, will include counselors who can talk about Pennsylvania's Homeowners Emergency Mortgage Assistance Program as well as loss-mitigation programs.
Read the full story at Philadelphia Inquirer
 
Bank repossessed and sold wrong flat - 2004-03-15
The Royal Bank of Scotland is facing a large compensation claim after it repossessed the wrong flat and later liquidated it.

To add to the confusion, Mrs Hussain's flat was bought for cash and had no mortgage on it. However, when she returned to Glasgow she found her property was a "total mess" after it was repossessed on January 21.
Read the full story at Glasgow Herald
 






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