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4 challenging resolutions to make 2007 profitable
Baltimore Sun - Many mortgage loans are higher than mortgage balances as people extract money for many reasons. Housing is expected to remain the weakest component in the nation’s gross domestic product in 2007. Sales of existing homes, down nearly 9 percent in 2006
Source: www.baltimoresun.com

The Year in Review: Fannie Mae recovers
Boston Globe - Fannie Mae buys mortgage loans from lenders, packages the loans and sells them as mortgage-backed bonds. At the end of 2005, Fannie Mae held $1.7 trillion in mortgage debt, representing almost a fifth of the market. The company enters into different
Source: www.boston.com

Bank money flow to slow
News.com.au - While mortgage loans and credit card competition remains cut-throat, there is less competitive tension in the business lending environment where the banks’ main growth is and where the positive margins are being achieved. “That may provide upside
Source: www.news.com.au

Operation HOPE Exceeds Growth in 2006
Forbes - To date, HOPE has provided financial education and credit counseling to over 43,000 individuals, educated 203,000 youth, funded more than $135 million in mortgage loans, and more than $8 million in small business loans from some 250 bank and
Source: www.forbes.com

Capital Alliance Income Trust Appoints New Chief Executive Officer
Forbes - CAIT is a specialty residential lender, that has invested in conforming and high yielding, non-conforming residential mortgage loans on one-to-four unit residential properties located primarily in California. Historically, only residential loans with
Source: www.forbes.com

November high for mortgage approvals
Times Online - In the mortgage market, the high number of loans approved in November, which is not usually a strong month, suggest that the trend in mortgage lending will continue to be robust over the next few months.” The marked increase in mortgage lending was
Source: business.timesonline.co.uk

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