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Mortgage News for Thursday - March 3, 2005


• 30-year mortgage rates at 5.79%, highest this year
  Rates on 30-year mortgages went up for a third str... more

• Seattle FHLB to exit Mortgage Purchase Program
  The Federal Home Loan Bank of Seattle said it will...more

• Better Business Bureau Warns About Possible Mortgage Scam
  The Better Business Bureau is warning consumers ab... more

• Failed Eron Mortgage pitched high return, low risk to investors, court hears
  Months before it crumbled, taking an estimated $24...more

• Mortgage Giant Fannie Mae faces billions more in new losses
  Fannie Mae may have to recognize as much as $2.8 b... more

• Mortgage brokers get real-time real estate loan approval
  Mortgage brokers at 70 branches of American Reside...more

• Area home prices seem stable
  The air may getting set to seep out of hyper-infla... more

• U.S. economy sound but Fed worries about budget
  The U.S. economy is on a solid footing and inflati...more

• U.S. Economy: Services, Claims Data Show Labor Market Strength
  Increase in U.S. services accelerated last month a... more

• From mortgage refinancing boom to niche boom; banks are becoming more specialized
  The banking industry is transforming itself, exper...more







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