Private mortgage insurers may be investigated - 2005-03-12
The next target of the Colorado Insurance Commission might be the private mortgage insurance industry, Insurance Commissioner Doug Dean said on Friday.

Dean's office was the first in the United States to start an investigation of title insurance companies, which is spreading nationwide. His office is charging that title companies were giving their best customers, such as home builders, kickbacks by forming business relationships with them.
Read the full story at Rocky Mountain News

Cash-out mortgage refinance boom may be ending - 2005-03-12
Consumers are finding it difficult to tap the value of their homes to pay for cars, TVs and vacations, which some economists say might restrain economic growth this year.

Cash-out mortgage refinancings, in which homeowners take out home equity out of their increased home value in one lump sum, might drop 30 percent this year, according to McLean, Va.-based Freddie Mac, the second-biggest buyer of mortgages.
Read the full story at Minneapolis Star Tribune