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Mortgage News for Monday - March 8, 2004

More Mortgage News
• Fed Aprroves Bank of America-FleetBoston Deal
• U.S. mortgage rates unchanged Monday
• UK housing market remains healthy
• What's your move? Comparing the benefits of renting or buying
• Housing Resale Market Drops for Metropolitan Milwaukee
• Housing starts come back
• Which is better: Chapter 13 or 7?
• Mortgage arrears climb in December
• Bankruptcy worries over interest threat
• American Equity Mortgage appoints Davis CFO
• Mortgage firm's liquidation is OK'd by court
• Impac Mortgage increases 1st-quarter profit forecast
• CVAG moves to close the mortgage gap
• CONGRESSMAN CLAY LAUNCHES FIRST ST. LOUIS ANTI-PREDATORY MORTGAGE LENDING CAMPAIGN WITH FREDDIE MAC
• Financial issues main reasons for problems in many marriages
• Economy newsletter says housing affordable
• Home mortgage lenders reach highs
• Canada Housing Starts Beat Forecasts in February
• MoneyLine and Dovenmuehle Form Affiliation
• 'Secret' is paying mortgage off early helps banker, not borrower
• Reverse mortgages can help retirees get through
• Oak Street Mortgage Sets Up New Correspondent Channel
• ABN AMRO Mortgage's 'Custom Home Building' Seminars Offer Consumers Free Expert Advice
• Dire housing picture predicted
Mortgage News
Reverse mortgages can help retirees get through - 2004-03-08
Many retirees add up their pensions, Social Security benefits, savings and investments and come up with a package to get them through retirement. But what if it's not enough?

But there's an alternative that is attracting some attention from retirees in Western New York and across the country: reverse mortgages.
Read the full story at Business First of Buffalo
 
Oak Street Mortgage Sets Up New Correspondent Channel - 2004-03-08
Steve Alonso, Chairman and CEO of Oak Street Mortgage LLC(SM) declared today the launch of Oak Street Mortgage Correspondent Lending. This new correspondent lending business is aimed at
mid-sized mortgage originators who sell into the secondary market.

The business will handle a broad line of products including first and second mortgage loans, for purchase, refinance, cash-out, and debt consolidation.
Read the full story at PR Newswire
 






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