Mortgage and Financial News From 2007-9-6 Page 27

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  • Three On Your Side: Consumer Advice on Foreclosures (WLBT 3 Jackson)

    The mortgage meltdown is having a trickle down effect. What can homeowners do to preserve their investment? WLBT News found there are efforts underway in Mississippi to help you salvage your dream home.
    2007-09-05 03:05:34
  • Top Tips: Beware the Mortgage Carrots (Daily Telegraph)

    Expert advice on how to find the best mortgage.
    2007-09-05 05:06:23
  • FirstClose(TM)Announces PSE Credit Union as Latest FirstClose Customer

    Forbes - The company's product offerings include credit reports, flood certifications, AVMs, insured AVMs, traditional valuation products, income verification, doc prep, closing, title reports, lien reports, title insurance, mortgage insurance, recording ...
    2007-09-05 07:49:00
  • Online job index picks up

    CNN Money - Some of the sectors with greater hiring opportunities included fields that have been hit hard by the meltdown in the mortgage markets, which hurt real estate sales and home building. Finance and insurance edged up six points, or 4 percent, but ...
    2007-09-06 02:40:00
  • Mortgage Insurance Giants Call Off Merger

    Insurance News Net - After weeks of accusations, recriminations, and, finally, litigation, the two largest U.S. mortgage insurers decided to call the whole thing off. By mutual consent, MGIC Investment Corp. and Radian Group Inc. have agreed to terminate their planned $4
    2007-09-05 11:31:00
  • Agency provides 10,000th loan

    Rapid City Journal - Mike Jaspers, Rural Development state director, said the agency's guaranteed loans allow people with low and moderate incomes to buy homes without making down payments or paying for mortgage insurance. The 30-year loans offer fixed interest rates. "All ...
    2007-09-06 01:14:00
  • New task force tackles home-mortgage fraud

    Fort Worth Star-Telegram - Other members of the new task force include the consumer credit commissioner; the banking commissioner; the credit union commissioner; the insurance commissioner; the savings and mortgage lending commissioner; the Texas Real Estate Commission; and ...
    2007-09-06 02:19:00
  • Mortgage Firms Buck Market Slide

    Wall Street Journal - Stocks tumbled Wednesday on worries that credit-market problems are spilling over into the broader economy, though shares of two mortgage-insurance firms rose after canceling their planned merger. The Dow Jones Industrial Average was down 146.6 to 13 ...
    2007-09-05 08:18:00
  • Synovus Announces Quarterly Cash Dividend

    Forbes - Synovus (NYSE: SNV) is a diversified financial services holding company with more than $33 billion in assets based in Columbus, GA. Synovus provides integrated financial services including banking, financial management, insurance, mortgage and ...
    2007-09-05 05:48:00
  • MGIC, Radian Call Off Deal

    Forbes - With more lenders using traditional loans, Plesser said buyers will have to buy mortgage insurance, which could help Radian and MGIC stay afloat. Radian, the nation's third largest mortgage insurer, predicts rough times ahead. It expects to see $623 ...
    2007-09-05 03:56:00
  • Mortgage insurers call off $5.5bn merger

    MSN MoneyCentral - Mortgage insurance providers such as Radian and MGIC help smooth the bumps in the market by selling protection against default. They also make it easier for homebuyers to acquire properties with downpayments of less than 20 per cent. But the crisis in ...
    2007-09-05 12:36:00
  • Radian Group, mortgage subsidiaries ratings remain on negative watch ...

    Forbes - MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said its 'A' counterparty credit rating on Radian Group Inc and its 'AA' counterparty credit and financial strength ratings on Radian Group's mortgage insurance subsidiaries remain on ...
    2007-09-05 08:54:00
  • Radian upbeat despite deal bust

    Philadelphia Inquirer - And for a time, it appeared management had won enthusiastic converts with its vision of Radian's ability to withstand losses and thrive by returning to its roots in traditional mortgage insurance. Company shares reached an intraday high of $21.16 - 30 ...
    2007-09-05 11:56:00
  • Australian Central Bank to Buy Mortgage-Backed Debt (Update6)

    Bloomberg - Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology ... of 7.06 percent after the Reserve Bank of Australia said in a statement today it will buy top-rated bonds linked to mortgage ...
    2007-09-06 03:09:00
  • MGIC and Radian call off takeover talks

    International Herald Tribune - Standard & Poor's said it was still reviewing the claims-paying ability of Radian's mortgage insurance units and would decide within the next three weeks whether to change the current "AA" rating. S&P said it was most likely to reduce the rating one ...
    2007-09-06 02:33:00