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Mortgage News for Monday - May 31, 2004

More Mortgage News
• Conventional mortgages aren't a must
• Building a home means paying more money
• U.S. mortgage refinancing growth weakens
• Total of home foreclosures increase in state
• Surge for mortgage loans demonstrates no sign of decelerating
• U.K. May Property Prices Increased for 10th Month, Hometrack Claims
• Mortgage borrowers confront possibilty of mortgage grief
• Realty company courts, assist Latino buyers
• Best Ever Irish mortgage lending in April
• Career preview projects firms hired 225,000 employees
• UK mortgages continue to surge
• Economic Signs, Commercial Developments for May 31-June 4
• Mortgage Insurers To Provide Jobless Coverage To Home Buyers For Free
• New mortgage professional jumps on board at Tristar
• CMFC Increases In Housing Market
• Property lending drives praise growth
• Canada's First Quarter Growth Decelerated to 2.4% Pace
• US Bank garners greatest reinvestment rating
• How To Clean Up Your Credit Report
• Reserve anticipated to postpone rates
Mortgage News
Mortgage Insurers To Provide Jobless Coverage To Home Buyers For Free - 2004-05-31
Should new real estate buyers expect to get free unemployment insurance -- guaranteed compensation for their monthly mortgage expenses for six to nine months -- in addition to their home loans?

Two huge mortgage market players purportedly think so, at least for first-time and other buyers who can't handle big downpayments.
Read the full story at Realty Times, TX
 
New mortgage professional jumps on board at Tristar - 2004-05-31
Greg Cornelison has been hired at Tristar Home Loan Services Inc. of Scotts Valley as an expert mortgage consultant. Previous to joining Tristar, Cornelison was a senior loan officer for EquitecX Mortgage Services.

He began with EquitecX Mortgage Services in 2002 as a loan officer and marketing adviser, assisting the firm to grow both as a top producer and through marketing and public relations activities.
Read the full story at Santa Cruz Sentinel, CA
 






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