Mortgage and Financial News From 2008-3-4 Page 17

Previous Day: 2008-03-03

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• AP Top News at 9:12 a.m. EST

  Newsday - ... that split decisions and close votes could prolong the battle for at least another month -- or more. Fed Chief: Mortgage ... Oregon Holds Health Insurance Lottery PORTLAND, Ore. (AP) -- Oregon is conducting a one-of-a-kind lottery, and the prize is ...
  2008-03-04 06:06:00

• TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 GMT

  CNBC - ... Hungary's FHB sees strong growth in commercial banking in 2008 UDPATE BUDAPEST (Thomson Financial) - Hungarian mortgage ... 2008-03-03 06:04:59 Radian Insurance's financial strength rating cut to 'A-' from 'AA-' - S&P MUMBAI (Thomson Financial ...
  2008-03-03 01:36:00

• Amalgamated Gadget cuts Fremont stake

  MSN MoneyCentral - Fremont General was primarily a mortgage lender, but was forced to shut down the operations in 2007 because of a cease-and-desist order from its regulator, the Federal Deposit Insurance Corp.
  2008-03-04 04:41:00

• Stockhouse Community News: A Paper Storm

  Stockhouse Canada - Then, Friday morning, insurance behemoth AIG (NYSE: AIG , Bullboard ) announced an unpleasant discovery. Due to bookkeeping confusion, certain mortgage derivatives had lain out of sight in a corner somewhere until more than $11 billion in value had ...
  2008-03-04 07:54:00

• HUD secretary discusses foreclosure fixes

  San Francisco Gate - Borrowers pay insurance premiums of 1.5 percent of the loan value up front plus 0.5 percent of each monthly payment for a ... We buy the existing mortgage (made by a lending institution) and we make money from that mortgage.
  2008-03-04 06:35:00

• Fed Chairman Ben Bernanke Speech on Reducing Preventable Mortgage ...

  StreetInsider.com - ... qualified borrowers who are delinquent because of an interest rate reset the opportunity to refinance into an FHA-insured mortgage. Recently, the Congress and Administration temporarily increased the maximum loan value eligible for FHA insurance ...
  2008-03-04 05:52:00

• NewMarket Latin America, Inc. Announces UniOne Oracle Project ...

  MSN MoneyCentral - ING Chile S.A. is part of the ING Group, a Dutch company and international leader in financial services, with 70 branches in Chile providing life insurance, annuities, pension, health and mortgage financial services.
  2008-03-04 07:18:00

• Bernanke: More needs to be done to prevent home foreclosures

  Minneapolis Star Tribune - bernanke mortgage crisis 030408 ... WASHINGTON - Federal Reserve Chairman Ben Bernanke called Tuesday for ... Minn. green policy looms over neighbor Oregon conducts health insurance lottery Magna ...
  2008-03-04 05:59:00

• UPDATE 1-Fremont gets default notices, survival threatened

  Reuters - Fremont had been one of the 10 largest U.S. subprime mortgage lenders until regulators including the Federal Deposit Insurance Corp ordered it last March to stop risky lending.
  2008-03-04 07:11:00

• Bank regulators: 'Asleep at the switch'

  CNN Money - ... banking regulators are expected to testify about their oversight of bank's risky loan practices and their current efforts to address the mortgage crisis. The witness list includes Federal Reserve Vice Chairman Donald Kohn, Federal Deposit Insurance ...
  2008-03-04 07:54:00

• TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 GMT

  CNN Money - ... WASHINGTON (Thomson Financial) - Federal Reserve Board chairman Ben Bernanke today called for vigorous action by mortgage ... but expects growth mid-term DUESSELDORF, Germany (Thomson Financial) - Muenchener Rueckversicherungs AG's primary insurance ...
  2008-03-04 07:54:00

• Correction: PMI Loss

  MSN MoneyCentral - PMI writes insurance policies promising to repay mortgage lenders when borrowers default. As flagging home prices have strapped borrowers, the company has had to pay more claims.
  2008-03-04 07:18:00

• MGIC to offer common stock

  CNBC - The money raised will be used to increase insurance volume and for general corporate purposes. Like other mortgage insurers, MGIC has been hit by a rise in mortgage defaults, which has led to a spike in claims payments.
  2008-03-04 05:16:00

• How to save your home

  News.com.au - Lender's mortgage insurance - which you generally have to take out if your deposit is less than 20 per cent - protects the lender, not the borrower.
  2008-03-04 03:00:00

• F&M Bank Selects Mortgage Builder Software's Loan Origination System

  PR Inside - The system seamlessly interfaces to many core banking systems, the major AUSs including Fannie Mae's DU and Freddie Mac's LP, as well as numerous vendors for ordering credit, flood, title, mortgage insurance, as well as accounting and servicing ...
  2008-03-04 05:45:00

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