Mortgage and Financial News From 2008-3-16 Page 16

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  • New York settlement should give boost to truly independent, better appraisals (Seattle Times)

    Property appraisers have been warning about it for a decade, and the real-estate market is reaping the whirlwind: The housing-price declines...
    2008-03-16 02:21:52

  • Florida again leads in mortgage fraud Associated Press (San Jose Mercury News)

    WASHINGTON (AP) - Florida led the nation in mortgage fraud in 2007, a dubious distinction it's had two years running.
    2008-03-16 02:31:58

  •  The Assets Recovery Agency (ARA) has been granted an order by the High Court in London to recover £5.375 million of ... (Government News Network)

    The Consent Order was granted following an agreed settlement between the Agency and John Szepietowski, Susan Ann Szepietowski both of Ashford House, Four Winds Park, St Georges Hill, Weybridge, Surrey, Merchant Taylor Company Limited, registered in the British Virgin Islands, Cobham Investments Limited and Cobham Investments Leisure Limited.
    2008-03-16 05:18:02

  • Nest-egg theft shakes victim, 91 (MLive.com)

    Viola Olsen was 13 when the stock market crashed in 1929. She grew up in the Depression, when money was scarce and financial security a distant dream. "When I was going to school, it seemed like everybody had nicer things than I did," she recalled. "I always wanted some elk-skin shoes.
    2008-03-16 05:42:06

  • Insurance and Transport (Mondaq)

    United Kingdom: Negligent Over-Valuation Claims By Sub-Prime Lenders: New Twists On An Old Theme?
    2008-03-16 07:32:50

  • Jackson(SM) Reports a 14% Rise in GAAP Net Income to $619 Million ...

    MSN MoneyCentral - Jackson National Life Insurance Company(R) (Jackson) generated $4.1 billion in GAAP revenue and $619 million in GAAP net ... Jackson's exposure to the sub-prime mortgage market was $473 million at the end of 2007, or about 1 percent of the company ...
    2008-03-14 06:19:00

  • Legacy Banks Announces Receipt of Regulatory Approval to Establish ...

    Forbes - Legacy offers Personal Banking, Mortgage Lending, Commercial Services, Insurance, Investments, Portfolio Management, Credit and Debit Card products, and Online Services.
    2008-03-14 01:14:00

  • Motley Fool

    Courier News - When you shop around for a better deal than the one you have, assess the myriad mortgage costs involved, such as the origination fee, discount points, the appraisal, the credit report, processing, title insurance and the escrow fee.
    2008-03-16 01:52:00

  • Fed bailout aimed at saving market linchpin

    International Herald Tribune - For individual customers, the Federal Deposit Insurance Corp. insures deposits up to $100,000. ... Bear Stearns was one of the first firms to experience a direct blow from the subprime mortgage crisis when two of its hedge ...
    2008-03-16 03:46:00

  • Treasuries Gain; Report May Show Slump in Consumer Confidence

    Bloomberg - ... points on March 11, the day the Fed said it would lend $200 billion to so- called primary dealers in exchange for mortgage ... Insurance Plummets for Municipal Bonds, Undermining MBIA, Ambac Recovery
    2008-03-14 02:51:00

  • Regions to Announce First Quarter 2008 Results April 15

    MSN MoneyCentral - With $141 billion in assets, Regions is one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services.
    2008-03-14 05:57:00

  • Palm Harbor Homes Announces Extension of Warehouse Borrowing Facility ...

    MSN MoneyCentral - Palm Harbor Homes, Inc. PHHM today announced that CountryPlace Mortgage, Ltd., the Company's full-service lending ... markets nationwide through vertically integrated operations, encompassing manufacturing, marketing, financing and insurance
    2008-03-14 09:11:00

  • Bernanke vows to help; more mortgage disclosure sought

    USA Today - ... after a White House proposal that would allow prospective home buyers to get easier-to-understand information on mortgage ... who pay loans off early, require lenders to make sure these borrowers set aside money to pay for taxes and insurance and bar ...
    2008-03-14 10:01:00

  • Bernanke outlines mortgage help plan

    CNN Money - ... making lenders verify the income and assets of the borrower, requiring escrow accounts for higher loans as hazard insurance ... rules to protect consumers from unfair practices while maintaining the viability of a market for responsible mortgage ...
    2008-03-14 09:53:00

  • Borrowers Find What Citigroup Says Isn't What It Does (Update1)

    Bloomberg - March 14 (Bloomberg) -- Real estate developer John Wimmer paid Citigroup Global Markets Realty Corp. almost $1 million last year to lock in a 5.6 percent mortgage rate on the refinancing of six commercial properties. At the November closings ...
    2008-03-14 06:40:00

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