Borrowers boost real estate mortgage refinancings - 2005-02-23
Overall mortgage applications decreased 0.6 percent last week on a seasonally adjusted basis from the week before, while refinancings increased for the fourth consecutive week, according to the Mortgage Bankers Association's weekly survey.

The MBA seasonally adjusted refinance index climbed by 0.1 percent to 2,532 from 2,530.1 one week earlier. The seasonally adjusted purchase index decreased by 1.3 percent to 417.8 from 423.3 the previous week.
Read the full story at Inman.com

Buyers: Home sales hurt finances - 2005-02-23
Furious, confused and confrontational, several first-time homebuyers testified Tuesday they were the victims of a well-designed scheme by Eagle Valley Homes that duped them into buying homes at inflated prices.

But attorneys representing the defendants doubted that anyone was duped, and raised questions concerning the homebuyers' complicity in signing off on various mortgage documents.
Read the full story at Allentown Morning Call