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Mortgage News for Monday - March 29, 2004

More Mortgage News
• Mortgage borrowing soars to £9bn in February
• ResMAE Opens Two New Mortgage Processing Centers in Illinois and California to Support Continuing Growth
• Pulte Homes Top-Ranked Homebuilder in BusinessWeek's List of 50 Best Performers
• Mortgage research firm will move to Jacksonville
• Some Homebuyers Giving Up Due to High Prices and Robust Bidding
• Housing inventory almost empty
• Mortgage Rates Hover Near Historic Lows
• No ceiling on Manhattan condo, coop prices
• Assembly GOP unveils housing rehab plan
• Mortgage Player Wholesale Lending Online Reports Fourth Quarter Earnings
• Fannie, Freddie uneasy about Senate overhaul bill
• Mortgage-Education.com to provide online education services to BilingualUniversity.com
• Bush Campaign Says Tax Relief Is the Key
• This Old Money Gusher
• WPFG adds mortgage partner
• Mortgage growth fuels talk of rate rise
• THDA unveiling new low interest mortgage requirements
• Lenders Offering Alternative Mortgage Options
• Three Southern Californians arrested in alleged $30 million mortgage fraud
• WPFG adds mortgage partner
• Del Mar Database Adds Industry Veterans to Enhance Product Offering; Executive-Level Additions Add More Than 45 Years of Mortgage
• A Budding Recovery for Multifamily
• Used-Home Prices Higher
• Homeownership Rates Still on the Increase
• Housing Activity
• Bubble trouble?
Mortgage News
Fannie, Freddie uneasy about Senate overhaul bill - 2004-03-29
U.S. mortgage giants Fannie Mae and Freddie Mac displayed concern over the weekend about a plan to overhaul government supervision of them after a Freddie Mac accounting scandal shooked markets last year.

Freddie Mac Investor Relations Vice President Peter Mahoney said legislation proposed by Senate Banking Committee Chairman Richard Shelby could unsettle capital markets.
Read the full story at IWon
 
Mortgage-Education.com to provide online education services to BilingualUniversity.com - 2004-03-29
Bilingual Scout, an internet marketing firm that creates websites to help minority home buyers, announced today their partnership with Mortgage-Education.com and the release of Bilingual University.com the first website that offers training for bilingual Spanish speaking loan officers.

CEO/President and founder of Bilingual Scout, Rick Troutman states, “In our endeavors to help increase Hispanic homeownership many mortgage companies have stated that there is a shortage of qualified Spanish speaking loan officers across the United States.
Read the full story at HispanicBusiness.com
 






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