'Mortgages Part of Financial Plans'
A financial planner should be involved in the client's mortgage because they already have all of their financial information and are already evaluating the liability side of the client's balance sheet, the president of Thornburg Mortgage Home Loans Inc....

New Security Program for GNMA
Ginnie Mae is planning to launch a new securitization program this summer that will eventually allow lenders to sell their excess servicing on new and existing Ginnie Mae mortgage-backed securities.

First NLC Financial Services Posts Record High 2003 Sales, Trumpets Continued Growth Forecast at 'Extraordinary' Annual Sales...
DEERFIELD BEACH, FL, Jan. 16, 2004 (MARKET WIRE via COMTEX) -- First NLC Financial Services, one of the nation's leading subprime mortgage lenders, announced unprecedented volume growth in 2003, posting more than $1.7 billion in volume, a 42 percent increase...

2004 Servicing Values Expected to Be Strong
The biggest M&A deal of 2004 could turn out to be the sale of Cendant Mortgage, the nation's 10th largest servicer, that is, if the company is really for sale.

Rate Rise Won't Derail Jumbo MBS
The likelihood of rising interest rates next year will not significantly hurt the positive performance of prime jumbo U.S. residential mortgage-backed securities, according to Fitch Ratings.


Countrywide Financial Still Bullish on 2004
Countrywide chairman and CEO Angelo Mozilo acknowledges that 2003 has been a "historic year for the mortgage industry that is unlikely to be repeated."

In This Time of Increased Competition for the Borrower, How Do Lenders Leverage Technology to Encourage Customer Loyalty?
As the volume of new mortgages and refis wanes, competition for borrowers is heating up. Today's loan applicants, aware of increased competition for their business, are talking to multiple lenders at the same time. Borrowers with existing loans are continually...

Mortgage Nightmares Continue for Atlantic City, N.J.-Area Homeowners
Jan. 8--ATLANTIC CITY, N.J. -- Sure, the Fairbanks mortgage company agreed in November to repay $40 million to settle Federal Trade Commission allegations that it had unscrupulously duped thousands of homeowners into default.

Accredited to Present Jan. 20th before San Diego Analysts
SAN DIEGO, Jan 9, 2004 (BUSINESS WIRE) -- Accredited Home Lenders Holding Co. (Nasdaq: LEND), a national non-prime residential mortgage lender based here, will present before the Jan. 20, 2004 meeting of The Financial Analysts Society of San Diego (w...


Anworth Mortgage To Make Presentation at Wachovia Securities Housing Conference
SANTA MONICA, Calif., Jan 9, 2004 (BUSINESS WIRE) -- Lloyd McAdams, Chairman, President and Chief Executive Officer of Anworth Mortgage Asset Corporation (NYSE: ANH), is scheduled to make a company presentation at the Wachovia Securities "America at Home"...