Mortgage and Financial News From 2008-6-20 Page 7
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Freddie Mac to Treat MGIC, PMI, Radian as Type I insurers following ... - Forbes
SAN FRANCISCO (Thomson Financial) - Freddie Mac said Friday it would continue to treat Mortgage Guaranty Insurance Corp., PMI Mortgage Insurance Co. and Radian Guaranty Inc. as Type I insurers under its private mortgage insurer eligibility ...
2008-06-20 12:22:00 -
8 Reasons You Should Not Expect an Inheritance (NYTimes.com via Yahoo! Finance)
With the pressures on nest eggs growing every year, most people will end up spending every dime before they die.
2008-06-20 12:36:31 -
MGIC, PMI Group, Radian get Freddie Mac approval (INO News)
(AP:MCLEAN, Va.) Mortgage financier Freddie Mac said Friday the mortgage insurance operating units of MGIC Investment Corp., PMI Group Inc. and Radian Group Inc. will continue to be eligible to insure Freddie Mac-approved mortgages.
2008-06-20 12:37:10 -
Stocks Tumble on Bank Fears (BusinessWeek)
Major indexes slumped Friday, with the Dow skidding below 12,000, amid worries about the health of large banks and other financial firms
2008-06-20 12:43:25 -
Personal Finance Daily: Protests at health insurers' meeting highlight reform schisms (Market Watch)
Health care is a major issue not only for voters heading to the polls in November, but for health insurers, too. Just how far will health-care reform go in this country? Insurance heavyweights are watching closely, and no doubt throwing some money at the issue.
2008-06-20 12:53:06 -
Abode Mortgage Corporation Confirms Approved Lender Status With Genworth Financial Canada (CCNMatthews via Yahoo! Finance)
VANCOUVER, BRITISH CCOLUMBIA-- - Abode Mortgage Corporation , a residential mortgage lender, confirmed that it has obtained approved lender status with Genworth Financial Canada to provide default insurance for mortgages originated at Abode Mortgage Corporation.
2008-06-20 12:54:08 -
Housing's real burden for middle class (The Economic Times)
It is housing, healthcare and education that have the potential to eat up a substantial chunk of family income.
2008-06-20 01:07:56 -
Stocks Fall in Asian Markets (Washington Post)
By Hanny Wan and Iris Leung June 19 (Bloomberg) -- Hong Kong stocks fell, dragging the benchmark index to its biggest drop in more than a week, on speculation credit-related losses will erode earnings and China will intensify its battle with inflation.
2008-06-20 01:14:18 -
The Mortgage Seeker's Checklist (The Motley Fool)
We list 15 criteria that you can use to help you choose between different mortgages.
2008-06-20 01:16:30 -
Floodwaters ruin Iowa grocer's retirement plans (The Pantagraph)
NEW 3 p.m. CEDAR RAPIDS, Iowa -- The marquee out front says it all: "God Bless You Neighbors and Good Luck." Putting up the letters was the first thing Larry Welp did after floodwaters finally receded enough to let him return to his grocery, Jim's Foods. | Updated photo gallery | Interactive map
2008-06-20 01:21:35 -
Updated 6/20: Oak Park man indicted in mortgage fraud case - Des Plaines Times
An Oak Park man is named as one of 67 defendants in a dozen different Chicago area mortgage fraud schemes. Donald J. Felton, 57, of Oak Park, was named as a defendant Thursday in the federal government's case against Bobbie L. Brown, alleged ring ...
2008-06-20 09:30:00 -
Mortgage Marketing Newsletter - Colleyville Courier
Bond with your mortgage prospects. Use as is or customize your own. Get daily mortgage and real estate news by subscribing to our RSS/XML news feed. Easy subscription with bloglines. As a commercial mortgage lender, we recognized the need for this ...
2008-06-20 07:14:00 -
BofA aims for July 1 acquisition of Countrywide - MSN MoneyCentral
Bank of America Corp. has set a target date of July 1 for closing on its purchase of Countrywide Financial Corp., a BofA spokesman confirms. The deal hinges on the approval of Countrywide shareholders, who will vote Wednesday on the proposed $4 ...
2008-06-20 09:09:00 -
Vacant houses make mortgage crisis a police problem - Atlanta Journal Constitution
Atlanta police Officer Brian Ernest didn't need to step inside the doorway. He could have guessed what was waiting for him. Atlanta police officers Brian Ernest (front) and Bernett Collins, with guns drawn, prepare to enter a vacant house in The ...
2008-06-20 10:20:00 -
'Beyond the Mortgage Meltdown' -- New Report Analyzes Dodd/Frank Plan ... - Forbes
WHAT: Press conference to announce the findings of new report, "Beyond the Mortgage Meltdown: Addressing the Current Crisis, Avoiding a Future Catastrophe" issued by Demos, a non-partisan public policy center. Also included: analysis of soon-to-be ...
2008-06-20 09:59:00