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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
CampusMBA Graduates First Class of Certified Mortgage Technologists - 2004-03-15
CampusMBA, the educational arm of the Mortgage Bankers Association (MBA), today awarded the Certified Mortgage Technologist (CMT) designation to six mortgage industry professionals in a ceremony given at the association's 2004 National Technology in Mortgage Banking Conference held in Phoenix.

The CMT designation, which was awarded for the first time today, is presented to Information Technology professionals in recognition of their industry experience and recognition of their knowledge of the unique technological needs of the real estate finance industry.
Read the full story at Mortgage Bankers Association
 
MBA Revises '04 Mortgage Origination Forecast - 2004-03-15
The Mortgage Bankers Association increased its 2004 forecast for mortgage originations on Monday, saying continued low interest rates should lead to more refinancing activity than previously forecasted.

The MBA's new forecast calls for $2.5 trillion in originations this year, up from a previous forecast of $2.0 trillion. Mortgages for purchasing homes are expected to make up about 54% of that total, with refinancing making up about 46%.
Read the full story at Dow Jones via Yahoo!
 






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