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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
Nonprofit housing group assists area homeowners - 2004-03-15
Ray and Joyce Thomas did not know much of Bruce Marks' background: a self-described "bank terrorist," who made a name harassing Congress, lenders and anybody he thought mistreated low-income homebuyers.

The mortgage process can be cold and complex, but Joyce described NACA's process of counseling would-be buyers as easy to use. "They take you by the hand," she said of Marks' group. "We couldn't have done it without them."
Read the full story at Business Journal of Jacksonville
 
Big brokers filling niche carrying loans such as mortgages - 2004-03-15
It used to be that stockbrokers provided advice on the latest trends in stock, bond and mutual fund investing and little else - but the lending side of the financial business has become a lucrative target for big brokerages.

In the summer of 2003, financial services giant UBS began offering lines of credit and mortgages through its Nashville stock brokers.
Read the full story at Nashville Business Journal
 






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