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February 2003 Mortgage News

  • Record Rates Resume
  • Fed Cautions in Valuation of Servicing Assets
  • $4.5 Billion Quarterly Production at Option One
  • Freddie Business Falls
  • Fannie's Bid for Conseco Servicing Portfolio Draws Concern
  • CA Company, Executives Banned from Brokering in Washington
  • 2002 Thrift Production Record $536 Billion
  • How Historical Can They Go?
  • Personal Bankruptcies at Record Level
  • More to Honesty Than Avoiding Fraud
  • Former Texas House Candidate Pleads Guilty to Mortgage Fraud
  • January Purchases $57.2 Billion at Fannie
  • Rate Outlook Unclear
  • CA, MO Among States With Most Fraud Activity Recently
  • Subprime Fundings Edge Down at Countrywide
  • Florida Mortgage Company First to be Charged for Violating OK Telemarketer Act
  • January Production off at Countrywide
  • Cendant Production Jumps
  • New Century Production Falls From Record Levels
  • Record $16.5 Billion 4th Quarter Production at Principal
  • Rates Holding Steady
  • What Unemployment?
  • Option One Took $2.3 Mil Loss on Fraud Loans
  • Federal Charter to Keep Wells Funding Calif Mortgages After License Suspension
  • Chase Suing Actor Wesley Snipes
  • Former PinnFund CEO Sobs at Sentencing
  • COFI Heads Lower Again
  • 2002 Impac Production Doubles
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