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Mortgage News for Monday - March 22, 2004

More Mortgage News
• Mortgage Giant Freddie a no-show on Fortune 500
• Closing Costs Remain Clear as HUD
• HUD pulls proposed rule over mortgage closing costs
• Take a bite out of mortgage closing costs
• U.S. mortgage bond prices unchanged to higher
• Bankruptcy boom eases in Indiana after record levels
• New home buyers paying more than $25,000 in fees
• Creative mortgages boost home sales
• Predatory mortgage lending: Who's watching your back?
• What's hot and what's not in housing
• Recognizing predatory mortgage lenders
• When done right, work-force housing benefits community
• On the move: Peterson is senior VP at HDR's capital office
• Endowment mortgage complaints 'cost £24m'
• Home office space an underused tax break
• New homeowners can get huge deductions on income taxes
• Greenspan Supports Homeowner Debt as Prices Increase
• Wal-Mart Tops Fortune 500 List Again
• Reverse Mortgage: A Last Resort?
• Phoenix Mortgage Defaults almost 1500 Per Month
• Mortgage Lending Pessimism Index at Five Year High
• Mortgage Lenders Ask Home Buyers To Waive Financial Privacy Rights
• April sentencing set in mortgage fraud cases
• SONYMA boosts home buying program
Mortgage News
Recognizing predatory mortgage lenders - 2004-03-22
Don't become a victim of the predatory lenders. Predatory lending is most commonly linked with mortgages, but it also happens with other types of loans.

What is predatory lending?
In communities across America, people are losing their homes and their investments because of predatory lenders, appraisers, mortgage brokers and home improvement contractors do:

Sell properties for much more than they are worth using false appraisals.
Read the full story at Bankrate.com
 
When done right, work-force housing benefits community - 2004-03-22
Affordable housing seems to mean different things to different people.

To those looking for it, affordable housing means houses or rental units that they can support with their mid-income-level jobs without having to choose between paying the mortgage or rent, or buying their kids new school clothes or paying medical bills.
Read the full story at The Portsmouth Herald
 






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