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Mortgage News for Friday - January 28, 2005

More Mortgage News
• UK mortgage lending drops by 38%
• Missing mortgage payments suggest first sign of crash
• Mortgage brokers have new face in Annapolis
• Officer Resigns Over Mortgage Fraud Indictments
• Hawaii mortgage rates to 5.25% or less
• European property market forges ahead
• Tribe, Housing and Mortgage Giant Fannie Mae partner to make owning a home easier
• Trump's Guide To Getting Rich
• A Cautious 2005 Outlook
• Partnership helping residents buy home
Mortgage News
A Cautious 2005 Outlook - 2005-01-28
This year is off to a shaky start, with the major indexes already down 3% to 6%. Is this a bad sign for the rest of the year, or will the markets rally for a third consecutive year?

And what will happen to the already overleveraged consumer as the Fed continues raising interest rates in 2005, given that Americans are up to their neck in floating-rate mortgage and credit card debt?
Read the full story at Motley Fool via Yahoo! Finance
 
Partnership helping residents buy home - 2005-01-28
Empowerment is the seed that brings home ownership in a new program administered through the Jonesboro Housing Authority.

Along the way, Dean Pur-year, mortgage loan officer with Regions, teams up with the authority to provide financing and familiarize would-be homeowners with the requirements and options available to them.
Read the full story at Jonesboro Sun
 






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