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December 2002 Mortgage News

  • Mortgage Rates Hit New Record Lows
  • HMDA Exemption Stays at $32 Million Asset Size
  • ABN AMRO November Production Falls
  • NHEMA Sues OTS
  • Wells Leads Originations in Fairfax County
  • HEL Delinquency Falls
  • Freddie Economist Says Rates May Fall
  • Freddie November Purchases Edge Up
  • Scores Vary Substantially Among Repositories
  • Conseco Bankruptcy Among Largest in U.S. History
  • Robust Environments
  • Loan Accounting, Investor Reporting, & Default Management
  • Record Business Volume at Fannie
  • Fake Gift Funds, Income Cited in Massachusetts Fraud Case
  • Apps Slide, Rates Improve
  • Record $5.2 Billion November Production at Flagstar
  • Countrywide November Production Off
  • Junk Fees Should be Shifted to Points
  • Freddie to Donate $225 mil to its Foundation
  • Production Falls at New Century
  • Mortgage Employment Continues to Strengthen
  • Fraud Flips National Phenomenon
  • OTS Bumps Deadline
  • Loan Prospector Changes to Further Streamline Originations
  • Refis May Jump
  • Home Appreciation Slowing
  • Hot Jobs Not Gone
  • Bankruptcy Filings at All-Time High
  • Mortgages Make Up Majority of Commercial Bank Asset Increases
  • COFI Break
  • Servicer Ratings Actions
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