Mortgage and Financial News From 2008-4-3 Page 3
Previous Day: 2008-04-02
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Bill to require credit advice passes House (The Daily Record)
ANNAPOLIS — A mortgage reform bill passed by the House Thursday would require borrowers to get advice from a counselor or government agency before completing certain types of mortgages seen as especially risky.
2008-04-03 04:24:25 -
Mortgage lending reforms become law (Baltimore Sun)
O'Malley approves measures aimed at slowing state's booming foreclosure rate
2008-04-03 05:50:22 -
Reports of mortgage fraud rise 42% in '07 (Los Angeles Times)
Reports of suspected mortgage fraud rose 42% last year as banks became more leery of lies on loan applications.
2008-04-03 06:59:35 -
Death of a Bond Insurer (BusinessWeek)
Wall Street used ACA to hide loads of subprime risk. It worked—until the tiny company collapsed
2008-04-03 04:20:54 -
Dissecting the ACA Downgrade (BusinessWeek)
S&P shook the Street when it reassessed the bond insurer. Critics say it should have done so sooner
2008-04-03 04:21:55 -
Middle-income families cut spending as credit crunch bites (The Herald)
Middle-income families are cutting spending and taking on second jobs as the credit crunch intensifies. The trend emerged as the Bank of England warned yesterday that the downbeat economic climate is to worsen over the next three months.
2008-04-03 04:22:37 -
Australia's QBE says on track to meet year target (Reuters Finance News, Australia via Yahoo!7 Finance)
SYDNEY, April 4 (Reuters) - QBE Insurance Group Ltd QBE.AX, Australia's top insurer by premium income, said on Friday it was on track to meet its full year insurance profit margin target of 19-20 percent, as flagged at its fiscal 2007 profit announcement in February.
2008-04-03 05:26:09 -
A Stormy Decade for Citi Since Travelers Merger (NYTimes.com via Yahoo! Finance)
The merger of Citicorp and Travelers, a deal that created a financial supermarket, is looking less visionary as the behemoth lumbers from one crisis to another.
2008-04-03 05:39:58 -
Parent Care Solution Seminar Is April 11, 12 (The Chattanoogan)
Dan Taylor, author of “The Parent Care Solution,” addresses the number one issue facing adult children and their aging parents: Will parents be cared for as they enter their golden years?
2008-04-03 05:57:29 -
A tax lien could trump a court order to give the victims of Personal Financial Management Inc. proceeds from the sale ... (Reading Eagle)
A tax lien could trump a court order to give the victims of Personal Financial Management Inc. proceeds from the sale of the company owner’s property.
2008-04-03 06:01:07 -
Washington's housing fix taking shape (CNNMoney.com via Yahoo! Finance)
The Senate began debate Thursday on a $15 billion bipartisan housing relief package that could get a final vote by next week.
2008-04-03 06:15:00 -
Assurant Specialty Property enhances mortgage protection product (Insurance Business Review)
Assurant Specialty Property, a provider of specialty insurance and collateral protection programs, has expanded the benefit choices available through its First Protector mortgage protection product.
2008-04-03 06:24:03 -
Leader: Not for sale (Guardian Unlimited)
Leader: Lenders have chosen the wrong time to turn off the home-loans tap
2008-04-03 04:29:55 -
Ohio Seeks To Slow Down Foreclosures In Court (WLWT-TV Cincinnati)
The state attorney general's office is looking for new ways to slow foreclosures in court.
2008-04-03 04:30:31 -
Risk of property correction in Australia high: IMF (The West Australian)
The risk of a correction in Australian house prices is high by international standards, the International Monetary Fund (IMF) says.
2008-04-03 04:30:52