January 2003 Mortgage News
- Rising Rates Expected to Reduce
- Principal Mortgage to Layoff 500
- Production Up 1/3 From 2001 at First Horizon
- Share of Cashouts Fall
- Record Purchases for Freddie as Earnings Restated
- World Savings Sees Record ARM Originations
- Originations Up 71% From 2001 at Wells
- Production Falls From 2001 at Chase
- Record 2002 Production at ABN AMRO
- Broker Lies on Stand in $67 Mil Mortgage Fraud Case
- Threat of War Pushes Mortgage Rates Down
- MBA Sees 6.5% Rates, Near Record Purchase Activity in 2003
- Mortgage Payment on Scandalous Execs House Tops $100k
- Record $33.1 Billion 2002 GreenPoint Production
- MBA Forecasts $1.77 Trillion 2003 Production
- Rates to Hover at Current Levels, Freddie Economist Says
- BoA 2002 Net $9.25 Billion
- Record $848.9 Billion Business Volume During 2002 at Fannie
- SunTrust Reports 2002 Earnings
- Countrywide Volume Declines
- Record $5.3 Billion Flagstar December Production
- 407,000 Employed in Mortgage Lending
- Countrywide 2002 Production 1/4 Trillion
- Rates Rise From Record Lows
- 30-day Q3 Delinquency Down 14 bps, 90's rise
- Less Stress, More Sales
- Quicken Settles Charges it Failed to Provide Adverse Action Notices
- How Low Can They Go?
- Bankers, Appraiser Accused in Builder Fraud Case
- COFI Tumbles to Lowest Level in Decades
- HUD Announces $153 Million FHA Loan Sale





