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Mortgage and Banking Industry and Stocks, Mortgage Loans, Consolidation Credit Card Debt, Credit Counseling, Finance, Investment, Online Credit Card, Bank Card, Debt Management, Banking Links, Home Mortgage Rates and More!

Mortgage and Banking is a leading global investor and industry research portal for the mortgage and banking sector ( Search for "Mortgage Banking Stocks" on Google.com, Yahoo.com and MSN Search ). The website does not make stock recommendations but features industry and stock news, exclusive articles and financial columnists, audio interviews and Podcasts, investor conferences, Blogs, and a directory of stocks in the sector.  Mortgage and Banking related companies are invited to submit news, articles and research: click here.


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  • Reverse Production Higher ()  The National Reverse Mortgage Lenders Association reported today that reverse lending originations during calendar 2008 up 6 percent from the prior year. The top market in calendar 2008 was Miami, NRMLA said. The group's president speculates that this year's volume will grow even more.
  • Citi Supports Cramdowns ()  Citigroup Inc. has agreed to support cramdown legislation proposed by congressional Democrats, a press release said. The legislators said Citi's support of the bill increases the chance it will be included in the economic recovery package currently being drafted by Congress. Citi first approached its home state senator last month about supporting the bill.
  • Bad Underwriting at Heart of Mortgage Meltdown ()  A survey conducted by Grant Thornton LLP found that bankers most often blamed "lax underwriting standards" for the credit crisis. The survey included more than 300 responses. The second most cited reason for the credit crisis was "political emphasis on increasing home ownership."
Bankrate.com: Today's new stories Wed, 07 Jan 2009 13:00:40 GMT Bankrate.com: Today's Best Mortgage Rates 8/27/2008 9:00:01 AM

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