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Mortgage News for Thursday - April 1, 2004

More Mortgage News
• Mortgage rates continue slow rise
• Feds to Mortgage Giant Fannie: Shut Up
• Nevada regulators target mortgage, insurance offenders
• State provides $2M for home buyers
• Mortgage Giant Freddie Mac Directors Re-Elected
• Hud Reform Proposal Stalls As Bureaucrats Regroup
• Mortgage giant Fannie Mae regulator identifies accounting concern
• U.K.'s Brown Question Time: Jobs, BOE, Mortgage Regulations
• Done deal: BofA, Fleet merger
• Housing developers descend on Brockton
• Closing-cost reform movement lives on
• Serial mortgage refinancers: Beware tax pitfalls on points
• Get Extra-Low Mortgage Rates
• Closing costs: highs, lows and averages
• Rate rise fails to stop the house price boom
• Free seminar to offer advice to renters on ways to buy a home
• Get Extra-Low Mortgage Rates
• Mortgage equity withdrawal at new record
• Homebuyers Surf Web For More Information
• Make your own mortgage closing-cost rules
• Statement by Richard F. Syron, Chairman & C.E.O. of Mortgage giant Freddie Mac
• Paramount Bank Appoints Bob Waun Private Mortgage Lending Vice-President
• Mortgage Companies Offer 'Energy-Efficient' Home Loans
• Homebuyers Enjoy Dip in Mortgage Interest Rates
Mortgage News
Mortgage giant Fannie Mae regulator identifies accounting concern - 2004-04-01
A government regulator indicated on Thursday it was concerned by the way mortgage finance company Fannie Mae accounts for the downward change in the value of its some of its assets -- known as "impairments."

"Our review of this particular matter, while not concluded, has led to concerns that Fannie Mae may not have applied the proper accounting guidance in this area," Office of Federal Housing Enterprise Oversight Director Armando Falcon said in a statement.
Read the full story at IWon
 
U.K.'s Brown Question Time: Jobs, BOE, Mortgage Regulations - 2004-04-01
U.K. Chancellor of the Exchequer Gordon Brown responds to questions from members of the House of Commons in London regarding U.K. public services job cuts, Bank of England member Kate Barker's reappointment and U.K. mortgage regulations. Ministers Paul Boateng, Dawn Primarolo, Ruth Kelly and John Healey also speak. Speaker Michael Martin moderates the session.
Read the full story at Bloomberg.com
 






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