Mortgage and Financial News From 2007-10-31 Page 21
Previous Day: 2007-10-30
Return to the mortgage news archive home.
Page: 1 - 20 21 22 23 24 25 26 27
-
Fitch Affirms CMG Mortgage Insurance's IFS at 'AA'; Outlook Stable (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has affirmed CMG Mortgage Insurance Company as follows:
2007-10-30 11:53:00 -
(AFX UK Focus) 2007-10-31 09:34 GMT: CMG Mortgage Insurance IFR affirmed at 'AA' with stable outlook - Fitch (Interactive Investor)
MUMBAI (Thomson Financial) - Fitch Ratings said it has affirmed CMG Mortgage Insurance Co's (CMG MI)insurer financial strength at 'AA' with a stable outlook reflecting the company's solid niche position within the credit union market, strong underwriting earnings and high-quality balance sheet.
2007-10-31 02:54:09 -
PMI Group posts first losses ever Bay Area mortgage insurance giant deluged with borrower defaults (Inside Bay Area)
WALNUT CREEK — PMI Group Inc., a major provider of home mortgage insurance, posted its first-ever quarterly loss as a public company on Tuesday, an ominous hint that the slumping housing market
2007-10-31 03:11:25 -
Fed Expected to Cut Rates for 2nd Time
Newsday - With lenders tightening mortgage standards, marking it harder for prospective buyers to qualify for loans, and defaults continuing to rise, the slump in housing has deepened. Financial markets also have a new worry in the latest surge in oil prices ...
2007-10-31 03:30:00 -
First Magnus to ask court to let it send its Ch. 11 plan to creditors ...
Arizona Daily Star - The slump in the housing market and resulting credit crunch have forced a number of mortgage lenders into bankruptcy this year. First Magnus has blamed "the collapse of the secondary mortgage market" for its decision to shut down and said it "simply ...
2007-10-30 11:55:00 -
Texas NAACP highlights achievements of Dallas branch
Dallas Morning News - Conference panels will discuss topics including payday lenders, mortgage details, credit repair and how to prevent foreclosures. Panels will represent about a half-dozen institutions including the Texas Office of Consumer Credit Commissioner and the ...
2007-10-31 12:52:00 -
House prices keep on rising
Guardian Unlimited - ... it would be wrong to interpret the strong October number as a sign that house prices were continuing to defy the effects of higher interest rates and the global credit crunch which has restricted the number of products on offer from mortgage lenders. ...
2007-10-31 03:30:00 -
Abbey charges £10,000 fixed fee
Daily Telegraph - Several other mortgage lenders charge 2pc arrangement fees on loans of more than £500,000, resulting in charges of £10,000 upwards. For example, Halifax also offers a 5.59pc two-year fixed-rate mortgage, which on larger loans charges a fee of 2pc of ...
2007-10-30 08:06:00 -
UK house price growth 'picks up'
BBC Business - Other recent surveys from big mortgage lenders, the Royal Institution of Chartered Surveyors (Rics) and the Department of Communities and Local Government, have all been pointing in the same direction. Price falls 'unlikely' However, while there is ...
2007-10-31 02:39:00 -
Washington Mutual Shows Mortgage Mess Isn't Over: Jonathan Weil
Bloomberg - Oct. 31 (Bloomberg) -- If you think the worst is over for mortgage lenders, a close look at Washington Mutual Inc.'s balance sheet should dispel that notion pretty quickly. The largest U.S. savings and loan stunned investors on Oct. 17 when it said ...
2007-10-31 12:45:00 -
Lenders wait for clarity on new policy (People's Daily)
The People's Bank of China, the central bank, has yet to provide details of September's mortgage policy announcement, in which it raised the down payment for second-home buyers to try to curb property prices. The banking regulator conven ...
2007-10-30 11:16:08 -
Washington Mutual Shows Mortgage Mess Isn't Over: Jonathan Weil (Bloomberg.com)
Oct. 31 (Bloomberg) -- If you think the worst is over for mortgage lenders, a close look at Washington Mutual Inc.'s balance sheet should dispel that notion pretty quickly.
2007-10-31 12:55:27 -
Markets price in Fed US rate cut
BBC Business - Data showing low US consumer confidence has strengthened the widely held view that the Federal Reserve will cut US interest rates on Wednesday. The US dollar was battered against the UK pound and hit fresh lows against the euro as investors bet the ...
2007-10-31 12:31:00 -
Hong Kong shares close lower ahead of US rate decision; up 15.5 pct in ...
Forbes - HONG KONG (XFN-ASIA) - Share prices closed lower, snapping a four-session streak of record highs, as investors locked in profits ahead of the US Federal Reserve's interest rate decision tonight. Property stocks extended their losses after share ...
2007-10-31 01:42:00 -
Hong Kong shares end lower ahead of US rate decision; up 15.5 pct in ...
Forbes - HONG KONG (XFN-ASIA) - Share prices closed lower, snapping a four-session string of record highs, as investors locked in profits ahead of the US Federal Reserve's interest rate decision. Property stocks extended their losses after share placements at ...
2007-10-31 02:47:00