ICBA Declares National Mortgage Week

The Independent Community Bankers of America has announced that community banks nationwide will review mortgage documents and discuss financing options with homebuyers as part of the ICBA National Community Bank Mortgage Week, Nov. 5-9.Community banks will focus especially on assisting borrowers who have mortgages with terms they don't understand or who have adjustable-rate mortgages that are about to reset and need to discuss refinancing options, the ICBA said. "There is a lot of confusion about mortgages and homebuying right now," said ICBA chairman James P. Ghiglieri Jr., president of Alpha Financial Group Inc., Toluca, Ill. "Community banks want to help clear up some of that confusion." The association can be found on the Web at http://www.icba.org.