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Mortgage industry pledges response to troubled borrower requests within 45 days (Minneapolis-St. Paul Star Tribune)  WASHINGTON - Mortgage companies are pledging to let troubled borrowers know whether they're approved for help within 45 days of receiving a homeowner's application.read more...


Georgia gives up mortgage fraud crown (BizJournals)  Georgia no longer leads the nation in cases of reported mortgage fraud.read more...


Officials Announce Campaign Against Mortgage Fraud  State and local officials have announced a series of initiatives targeting mortgage fraud, a growing crime in the city's poorest neighborhoods and across the country.read more...


Caliber's IPO raises less-than-planned $150 mln  Caliber Global Investment said on Thursday it raised $150 million in its initial public offering, less than the $250 million planned, as trading in its shares started in London.via


Real Estate Calendar   Here are some events that builders and developers have scheduled for would-be home buyers in the coming weeks. All are free and open to the public. read more...


First Horizon Declares 436th Consecutive Quarterly Dividend  Today, First Horizon National Corporation's board of directors approved payment of the regular quarterly dividend of $.43 per share.read more...

September 27th, 2005

Mortgage Lenders Reduce Dividends (Los Angeles Times)

Two Southland mortgage lenders slashed their stock dividend payments Tuesday, another sign of the squeeze on industry profits fueled by rising short-term interest rates, intense competition and worries about loan quality.

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