Mortgage and Financial News From 2008-1-18 Page 24

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• HOPE NOW: Number of Homeowners Helped Rapidly Rising

  Forbes - ... Wilshire Credit Corporation, MERS, Morgan Stanley/Saxon, Mortgage Bankers Association, National City Mortgage Corporation, Nationstar Mortgage, LLC., NeighborWorks America, Ocwen Loan Servicing, Option One Mortgage Corporation, PMI Mortgage Insurance ...
  2008-01-18 07:30:00

• Commerce Bancshares, Inc. (CBSH) Announces Presentation to Analysts ...

  Forbes - ... planning and investments through its affiliated companies. Commerce operates in Missouri, Kansas, Illinois, Oklahoma and Colorado with over 350 locations and also has operating subsidiaries involved in mortgage banking, credit related insurance ...
  2008-01-18 02:39:00

• Indictments tossed against Texas Supreme Court justice, wife

  Houston Chronicle - He said he was responsible for paying the homeowner's insurance and blamed the unpaid premiums on "not recalling exactly how I set up that policy and my automobile policy." Medina said the mortgage insurance company paid off the house note. Chronicle ...
  2008-01-18 09:53:00

• Ambac decision to cancel $1bn fundraising plans confirms US bond ...

  Times Online - Wall Street banks often hedge the risk of their mortgage bond investments using credit default swaps. This is an insurance policy, where the holder of the swap makes an annual payment in return for a guarantee that the insurer will pay up if the bond ...
  2008-01-18 01:20:00

• Fitch puts First American Corp. on watch

  Boston Globe - First American is a business information provider that currently operates in five segments: title insurance and services; specialty insurance; mortgage information; property information; and a risk-assessment division. Its information businesses ...
  2008-01-18 02:18:00

• After Ambac, It's Europe's Turn

  Forbes - The latest chapter in the subprime saga, which threatens to hit the insurance sector with billions of dollars in mortgage-related bond claims, hurt European financial stocks Friday. Franco-Belgian bank Dexia (other-otc: DXBGF - news - people ) fell ...
  2008-01-18 01:49:00

• National Housing Groups Announce the Endorsement of National Industry ...

  Forbes - The National Industry Foreclosure Counseling Standards, created by a group of leaders from lending institutions, community development organizations, real estate, mortgage insurance companies and the secondary mortgage market, are released today ...
  2008-01-18 10:00:00

• Fitch Affirms American General Finance Corp. IDRs at 'A+/F1 ... - Insurance News Net (press release)

  Fitch Affirms American General Finance Corp. IDRs at 'A+/F1 ...Insurance News Net (press release), PA - 1 hour agoFitch believes AGFC's profitability will be pressured and remain below historical levels, based on current mortgage market conditions, ...
  2008-01-18 01:31:27

• Ambac decision to cancel $1bn fundraising plans confirms US bond ... - Times Online

  Ambac decision to cancel $1bn fundraising plans confirms US bond ...Times Online, UK - 1 hour agoWall Street banks often hedge the risk of their mortgage bond investments using credit default swaps. This is an insurance policy, where the holder of the ...
  2008-01-18 01:37:29

• UPDATE 1-New York watching bond insurers, may intervene - Reuters

  UPDATE 1-New York watching bond insurers, may interveneReuters - 1 hour agoBy Joseph A. Giannone NEW YORK, Jan 18 (Reuters) - New York Insurance Superintendent Eric Dinallo on Friday said the state is monitoring the struggles of ...
  2008-01-18 01:38:47

• Huntington Bancshares to Present at the Citigroup Financial ... - CNNMoney.com

  Huntington Bancshares to Present at the Citigroup Financial ...CNNMoney.com - 1 hour ago... and Mortgage Banking offices in Maryland and New Jersey. Sky Insurance offers retail and commercial insurance agency services in Ohio, Pennsylvania, ...
  2008-01-18 01:48:06

• OAK Financial Corporation, Parent Company of Byron Bank, Reports ... - Trading Markets (press release)

  OAK Financial Corporation, Parent Company of Byron Bank, Reports ...Trading Markets (press release), CA - 1 hour agoDouble-digit increases were achieved in deposit service charges, mortgage banking, and investment and insurance revenue. Non-interest income represented ...
  2008-01-18 01:50:07

• Ambac Gets Downgraded - Forbes

  Ambac Gets DowngradedForbes, NY - 1 hour ago... to the bond-insurance industry coming off a period in which the big banks are reeling from more than $100 billion in write-downs of mortgage-related ...
  2008-01-18 01:50:21

• Write-offs send a chill wind down Wall Street - Times Online

  Write-offs send a chill wind down Wall StreetTimes Online, UK - 1 hour agoBuried in Merrill Lynch's fourth-quarter results on Thursday was a $3.1billion (£1.57billion) write-off on its bond insurance that sent a chill down Wall ...
  2008-01-18 01:53:11

• (3º) Fourth Quarter and Full-Year Results - InfoBolsa

  (3º) Fourth Quarter and Full-Year ResultsInfoBolsa, Spain - 1 hour ago... on deposit accounts 1397 1315 5224 3922 Mortgage banking 243 185 999 770 Net gain on sales of available for sale securities 2 2 12 18 Insurance premiums ...
  2008-01-18 01:59:33

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