Mortgage News - Afternoon Edition - Wednesday, May 07th, 2008

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  • Kansas Fed's Hoenig Concerned Inflation May Prompt Interest Rate Hike
  • Jump in Mortgage Foreclosures is "Urgent Problem"
  • Mortgage Rates Continue Pattern of Last Few Weeks - Little Movement
  • Deterioration in Pending Home Sales Confirms Broader Trend, Economists Say
  • MBA Weekly U.S. Mortgage Applications Bounce Up 15.6%
  • Doubting the Viability of Fannie Mae

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