Mortgage and Financial News From 2007-10-30 Page 19
Previous Day: 2007-10-29
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18 19 20 21 - 40
-
Patrick seeks legislators' patience on auto insurance (Boston Globe)
Governor Deval Patrick sent a letter to every member of the Legislature, urging them to give managed auto insurance competition a chance. He said the benefits will become clear Nov. 19, when insurers file their proposed rates for next year. Patrick's letter was a response to legislation filed last week that would limit what factors an insurer could use in ...
2007-10-30 03:37:36 -
Compost-heap row 'led to smear campaign'
Daily Telegraph - Mr and Mrs Koska were in fact not in arrears and the letter had been sent in May last year in error as they were changing mortgage lenders. But Butler's actions caused them "considerable distress", Lewes Crown Court in East Sussex heard. Among those ...
2007-10-29 07:38:00 -
Repossessions predicted to increase by 50 percent in 2008
Earthtimes - LONDON - The number of property repossessions is predicted to rise by at least 50 percent next year as the house-price boon in the UK peters out, according to the latest report by the Council of Mortgage Lenders (CML). The report added that the worst ...
2007-10-30 02:55:00 -
Sollen Technologies Adds Brian Drevicky as Vice President of ...
Forbes - He has implemented and supported integration efforts for a variety of mortgage technology vendors and lenders. "Brian brings a solid, experienced technical and management background to Sollen," said Michel Van Hee, CEO of Sollen Technologies. "His ...
2007-10-30 05:04:00 -
Slaying the slump: Builders are using more incentives to attract ...
Courier News - Area developers and mortgage lenders are creating programs and offering deals to help ease the suffering that has come with the nation's housing market slump. Here's a look at what some area companies are offering to those trying to purchase a home ...
2007-10-30 01:58:00 -
Pound soars after Bank of England appears set to stay still while Fed ...
International Herald Tribune - The pound stayed higher even after the Bank of England said mortgage lenders approved the fewest loans for home purchases in 26 months in September, adding to evidence the property market was cooling. Lenders granted 102,000 loans for house purchases ...
2007-10-30 12:46:00 -
Mortgage Lenders Dismiss House Price Crash
Sky.com - Property prices will continue to rise over coming year - but only by a tiny margin, the Council of Mortgage Lenders (CML) predicted today. While the association ruled out a house price crash over the next 12 months, it argued prices will increase by ...
2007-10-28 05:59:00 -
Bank of China Profit Growth Trails Rivals on Subprime (Update2)
Bloomberg - Oct. 30 (Bloomberg) -- Bank of China Ltd. said third- quarter profit rose 22 percent, posting the slowest earnings growth among the nation's largest lenders after a $322 million loss on U.S. subprime mortgage investments. Net income climbed to 15.9 ...
2007-10-30 03:59:00 -
Sharp rise in demand for 100% mortgages
Financial Times - Other brokers and mortgage lenders have seen a similar trend. The Co-operative Bank has seen a 30 per cent rise in 100 per cent mortgages as a proportion of its first-time buyer lending since the start of this year. Alliance & Leicester launched a ...
2007-10-29 11:35:00 -
PMI Posts First Loss on Rising Home Borrower Defaults (Update1)
Bloomberg - Oct. 30 (Bloomberg) -- PMI Group Inc., the second-largest U.S. mortgage insurer, posted its first quarterly loss since its 1995 public offering as borrower defaults rose in September, forcing the company to pay more to bail out lenders from bad loans ...
2007-10-30 06:23:00 -
Reports: UK housing market cooling as mortgage approvals, property ...
International Herald Tribune - Meanwhile, Britain's Council of Mortgage Lenders forecast a fall in the level of house sales by about 15 percent over the next year. The Bank of England said that about 102,000 loans were approved for house purchase in September, the lowest level ...
2007-10-29 05:44:00 -
First-time buyers warned over negative equity
Guardian Unlimited - Figures from the Council of Mortgage Lenders show the average first-time buyer is putting down a deposit of more than £13,000, or 10% of their property's value. But given the amount of money people would have to save to put down just a 5% deposit ...
2007-10-30 04:07:00 -
FirstService profit boosted by acquisitions
Reuters Canada - Field Asset Service works on properties acquired through foreclosure by "some of the largest residential mortgage lenders in America," FirstService said in a statement when the deal was announced. ($1=$0.96 Canadian) © Reuters 2007. All Rights ...
2007-10-30 06:23:00 -
U.S. Tosses Lifeline to Mortgage Lenders Using Home Loan Banks
Bloomberg - Oct. 30 (Bloomberg) -- Banks shut out of the market for short-term loans are finding salvation in a government lending program set up to revive housing during the Great Depression. Countrywide Financial Corp., Washington Mutual Inc., Hudson City ...
2007-10-30 05:11:00 -
Interthinx(R) Integrates FEMA Alerts Into FraudGuard(R) Providing Lenders With More Accurate Property Valuations (Marketwire via Yahoo! Finance)
Interthinx®, Inc., the leading provider of proven risk mitigation, mortgage fraud prevention and regulatory compliance tools for the mortgage industry, has announced the immediate integration of FEMA Alerts into its FraudGuard® product. This enhancement automatically provides lenders with supplemental information when the subject property is located in an area where FEMA has issued an alert.
2007-10-29 12:44:00
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18 19 20 21 - 40
