Mortgage and Financial News From 2008-1-9 Page 15

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  • International Forecaster January 2008 (#3) - Gold, Silver, Economy + More (GoldSeek.com)

    The following are some snippets from the most recent issue of the International Forecaster. For the full 18 page issue, please see subscription information below.
    2008-01-09 07:15:44

  • Wendy Williams Named Vice President, Brokerage Sales

    Forbes - With $16.8 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 179 banking offices, 339 ATMs, telephone banking and the Internet. Webster Bank owns the ...
    2008-01-09 07:04:00

  • Seven Steps When Starting From Scratch At 50

    Forbes - ... whether to own or rent is tricky--especially in a slumping housing market--and don't forget to take into account soaring property taxes, insurance and maintenance costs. (For help, Economy.com's "Aftershock: Housing in the Wake of the Mortgage ...
    2008-01-09 01:31:00

  • Raiffeisen Intl Russian unit accused of collusion in insurance market ...

    Forbes - MOSCOW (Thomson Financial) - Russia's Federal Anti-Monopoly Service (FAS) said it has opened two cases involving Raiffeisen International Bank Holding AG's Russian unit and several insurance companies over collusion in the mortgage and automobile ...
    2008-01-09 07:26:00

  • PMI stock drops by a third

    Contra Costa Times - The housing market's meltdown has prompted investors to jettison the stock of PMI Group Inc., an East Bay company that provides private mortgage insurance. Shares of Walnut Creek-based PMI have lost one-third of their value in two days amid continued ...
    2008-01-09 03:54:00

  • Berkshire Hathaway Confirms First Muni Bond Deal

    Reuters - ... bond insurers such as MBIA Inc (MBI.N: Quote , Profile , Research ) and Ambac Financial Group Inc (ABK.N: Quote , Profile , Research ) are reeling from their subprime mortgage exposure, hurting share prices and their credibility. The Berkshire insurance arm ...
    2008-01-09 03:26:00

  • SEC, New York Insurance Department probe MBIA's disclosures regarding ...

    CNBC - NEW YORK - State and federal regulators have requested information into how MBIA Inc. communicated to investors the risks the bond insurer faced on insured mortgage debt, the company said Wednesday. The Armonk, N.Y.-based insurer said it has ...
    2008-01-09 07:12:00

  • Out of court help for borrowers

    News.com.au - For instance, the service cannot consider complaints about a lender's decision to refuse a loan, a lender's interest rate, or policies that require mortgage insurance. The service is industry-funded, so there is no fee to individuals or small ...
    2008-01-09 04:51:00

  • How Do You Spell 'Crisis'? MBIA - Forbes

    How Do You Spell 'Crisis'? MBIAForbes, NY - 4 hours agoMortgage insurers, along with lenders, continue to be hammered by investors who aren't confident that last year's subprime mortgage troubles have fully ...
    2008-01-09 02:12:28

  • S&P Equity Research Downgrades Radian Group (RDN) from Hold to Sell - StreetInsider.com (subscription)

    S&P Equity Research Downgrades Radian Group (RDN) from Hold to SellStreetInsider.com (subscription), MI - 4 hours agoRadian Group Inc. is a global credit enhancement company. The Company’s business segments are mortgage insurance, financial guaranty and financial services.
    2008-01-09 02:13:42

  • 104 Ontario insurers enrolled in HCAI as of Jan. 2 - Canadian Underwriter

    104 Ontario insurers enrolled in HCAI as of Jan. 2Canadian Underwriter, Canada - 4 hours ago[This number of insurers and reinsurers operating in Ontario excludes companies that deal only in mortgage or credit insurance, and not all of the companies ...
    2008-01-09 02:18:01

  • OSFI issues rulings on foreign banks, insurance - Investment Executive

    OSFI issues rulings on foreign banks, insuranceInvestment Executive, Canada - 4 hours agoAlso, OSFI concluded that insurance that would protect a lender against the risk of loss under a reverse mortgage loan where the borrower is in default ...
    2008-01-09 02:18:14

  • City's rents set to jump - Waikato Times

    City's rents set to jumpWaikato Times, New Zealand - 4 hours agoMr Kerry said landlords had to aim to bring in 10 per cent of a home's value in gross income each year to cover insurance, repairs, rates and other expenses ...
    2008-01-09 02:26:12

  • Canadian banks could face broader troubles from US subprime from ... - The Canadian Press

    Canadian banks could face broader troubles from US subprime from ...The Canadian Press - 4 hours ago... to banks affected by subprime woes, because they offer some measure of insurance against credit losses, in this case mortgage-backed securities. ...
    2008-01-09 02:50:40

  • City agrees to help homeowner after sewer spills into home - Batesville Daily Guard (subscription)

    City agrees to help homeowner after sewer spills into homeBatesville Daily Guard (subscription), AR - 3 hours ago“The other concern is with our insurance company” and how many times it will continue to pay for such damages, as well as the mortgage company, ...
    2008-01-09 03:06:28

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