Mortgage and Financial News From 2008-3-10 Page 11

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  • Riverside back on course

    Olympian - We actually didn't have insurance," McCullough said. "We didn't have a mortgage, and so we weren't required to have it and we misunderstood the cost - it was much less expensive than we thought.
    2008-03-10 07:57:00

  • Credit Crisis to Last Until After Summer-KBC CEO

    Reuters - BRUSSELS (Reuters) - The global credit crisis stemming from the U.S. subprime mortgage woes may last until after summer ... seek confirmation in the second quarter and then it is summer already," said the chief of the Belgian banking and insurance ...
    2008-03-10 07:35:00

  • There is a price for loyalty: £800 a year

    Times Online - LOYAL customers are losing out by more than £870 by sticking with their mortgage, savings, insurance and energy providers, according to new research. The survey comes as banks have stooped to new lows in their efforts to manipulate rate cuts at the ...
    2008-03-08 01:11:00

  • Bank warns about fraudulent mail

    Leesville Daily Leader - The first two claimed if they enrolled in the program they could save the customer money while repaying their mortgage, the other offering a mortgage protection plan which in effect is an insurance policy to repay the mortgage in case of death.
    2008-03-10 06:59:00

  • Wolters Kluwer Financial Services Introduces Audit FS

    Forbes - Customers include banks, credit unions, mortgage lenders, and securities and insurance organizations of all sizes throughout the United States.
    2008-03-10 06:52:00

  • U.S. stocks lower; Nikkei sinks to 2-1/2 year low

    USA Today - ... expected results came amid tough credit conditions and a big stake in the troubled bond insurer Financial Guaranty Insurance. ... The embattled mortgage lender Thornburg Mortgage (TMA) also plunged after an analyst downgrade.
    2008-03-10 06:52:00

  • TD Banknorth Strengthens Local Communities with $12 Million in ...

    Forbes - TD Banknorth and TD Banknorth, N.A. also operate subsidiaries and divisions in insurance, wealth management, merchant services, mortgage banking, government banking, private label credit cards, insurance premium financing and other financial services ...
    2008-03-10 07:21:00

  • Profile of NY insurance chief

    Boston Globe - ... largest of these insurers have been caught up in the cascading mortgage crisis, imperiling the high credit ratings they need to function. Dinallo reached out to billionaire investor Warren Buffett trying to lure his company into the bond insurance ...
    2008-03-10 06:59:00

  • Subprime alternative: FHA reform deal close

    CNN Money - But for those who are capable of putting down 20% on a home and have very good credit, they might find they get a better deal going with another type of mortgage product for which they don't have to pay insurance premiums, Bowdler said.
    2008-03-10 09:37:00

  • Stocks dip on mixed data, surging oil

    CNBC - A letter to shareholders Monday from MBIA Inc.'s chief executive saying it was starting to write new business failed to lift the strugging bond insurance sector. MBIA and other bond insurers fell. Mortgage lenders also plunged, as Thornburg Mortgage ...
    2008-03-10 08:54:00

  • RAM Holdings' shares rise after Moody's confirms Aa3 rating on ...

    CNN Money - RAMR) Ltd. rose Monday after Moody's Investors Service confirmed its Aa3 insurance financial strength rating on RAM ... outlook is negative, Moody's said, to reflect continued uncertainty regarding both the ultimate performance of mortgage and ...
    2008-03-10 09:08:00

  • Pro-Teck Services Promotes Mary Gould to Director of Insurance ...

    Forbes - Gould joined Pro-Teck Services in 2002 and has held various management positions in the company's insurance division. About Pro-Teck Established in 1977, Pro-Teck improves risk management for Property/Casualty Insurers, Mortgage Lenders, Mortgage ...
    2008-03-10 08:54:00

  • The other reality of foreclosure

    Chicago Tribune - I read Heather Stone's touching story about her and Sherida Randolph losing their homes to foreclosure. I wonder if Stone will also write a story of all the people that have not lived beyond their means, have purchased mortgage insurance, and have ...
    2008-03-10 07:28:00

  • Home Market Won't Be Buoyed by New Mortgage Caps: John F. Wasik

    Bloomberg - Due to the severe contraction of credit markets, banks drastically cut back their offerings of what were known as ``jumbo'' loans, and federal mortgage insurance agencies such as the Federal Housing Administration, or FHA, would guarantee no more ...
    2008-03-10 04:22:00

  • 7 Ways To Beat Higher Household Bills (The Motley Fool)

    Rising household expenses are stretching budgets to the limit. Here's how to cut the impact of bills on your finances.
    2008-03-10 09:39:13

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