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Mortgage News for Tuesday - March 9, 2004

More Mortgage News
• U.S. mortgage rates could fall below 5.5 pct-Freddie
• Mortgage affordability begins to decrease
• US lawmaker sees Fannie, Freddie bill as probable
• Mortgage loans, ethnicity studied
• UK housing market remains healthy
• Low Interest Rates, Programs Help Belleville, Ill.-Area Renters Buy Homes
• Experts Warn Increasing Use of Home Equity to Pay Bills Carries Consequences
• Goodmortgage.com Becomes Member of LendingTree
• Anger at £30bn mortgage scandal
• CampusMBA Partners With Encomia to Provide eMortgage Training
• CalHFA Provides Triple Boost to Affordable Housing Market
• Newtown Savings acquires mortgage corporation
• Mortgage is the key to home buying, Real Estate Hints
• Unequal Access to Home Mortgages Continues in Rapidly Changing Marketplace
• Impac Mortgage Holdings "buy," target price upped
• National Home Equity Mortgage Association Calls ACORN Study on Mortgage Lending Abuses 'Disappointing'
• Australian Home Loans in January Probably Dropped 4%: BN Survey
• Vt. homes maintain affordability, study indicate
• United Financial Mortgage Corp. Posts Third Quarter Results
• Guardian Mortgage Documents' HELOC Document Production and Delivery Picked by SunTrust Mortgage
Mortgage News
Anger at £30bn mortgage scandal - 2004-03-09
A major new report is to expose the full £30bn scandal of the mis-selling* of millions of homeloans. MPs are set to initiate one of the strongest attacks ever made against the financial services industry.

Millions have been left facing the prospect of shortfalls averaging £5,500 on their mortgages when their policies end, usually after 25 years.
Read the full story at This Is Money
 
CampusMBA Partners With Encomia to Provide eMortgage Training - 2004-03-09
The Mortgage Bankers Association (MBA) is proud to declare today its partnership with Encomia LP. CampusMBA, the educational arm of the Mortgage Bankers Association, will provide Encomia's eMortgage courseware through its online courses.

Encomia's eMortgage courseware is an exciting and informative educational program designed to give mortgage lending professionals a broad introduction to electronic mortgages.
Read the full story at PR Newswire via Yahoo!
 






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