Mortgage and Financial News From 2009-2-27 Page 01

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• Insurance giant AIG facing possible breakup - Boston Globe

  CHARLOTTE, North Carolina— Nearly six months after American International Group Inc. got its first massive bailout from the government, it is still stumbling. The big insurer keeps losing money and is unable to sell some of its biggest assets. Some ...
  2009-02-27 05:42:00

• Toll Bros Unveils Mortgage Payment Insurance - CNN Money

  NEW YORK -(Dow Jones)- In a move that acknowledges even the wealthy fear for their jobs, luxury builder Toll Brothers Inc. (TOL) Friday unveiled a mortgage protection plan. It is a play that comes as homebuilders increasingly acknowledge that buyers ...
  2009-02-20 03:12:00

• The value of home insurance - MyFinances.co.uk

  Your home is likely to be the most expensive investment you ever make so it makes sense to protect it from accidents and burdensome additional expenses. It’s hardly surprising then that home insurance, though not legally obligatory, is considered ...
  2009-02-27 10:28:00

• Triad Guaranty Q4 Loss Widens - Update - RTT News

  (RTTNews) - Private mortgage insurance company Triad Guaranty Inc. (TGIC: News ), Friday said its fourth quarter net loss widened from the same quarter a year ago, primarily hurt by a decrease in earned premiums as well as a widened net realized ...
  2009-02-27 03:47:00

• State panel will tackle ballooning of Citizens Property Insurance Corp ... - Fort Lauderdale Sun-Sentinel

  That's the question the Citizens Property Insurance Corp. Mission Review Task Force will start exploring at its first meeting today in Tampa. State legislators created the task force this year as a first step to return Citizens to its original ...
  2009-02-27 11:18:00

• UPDATE 1-US has no plans to aid mortgage insurers-official - Reuters

  WASHINGTON, Feb 27 (Reuters) - The U.S. Treasury Department has no current plans to give the ailing mortgage insurance industry an injection of capital under its financial rescue fund, an administration official said on Friday. "There (are) no ...
  2009-02-27 01:02:00

• Deerfield Beach Mayor Sylvia Poitier faces foreclosure - Sun-Sentinel.com

  Deerfield Beach Mayor Sylvia Poitier faces foreclosureSun-Sentinel.com, FL"I don't know what I owe myself," said Poitier, who is being sued for $96600 of mortgage principal plus interest for one house in the city, according to a court document. "I am in foreclosure. I am trying to get a mortgage modification from the lender. ...
  2009-02-27 04:34:52

• Wind farms bring work to California - EnergyCurrent

  Wind farms bring work to CaliforniaEnergyCurrent, TXJoining Walton is Jeremy Imbesi, who said he was making a six-figure income as a mortgage lender for a major bank in Modesto until the cascade of foreclosures drowned his business. He now leases large swaths of remote desert and ranchland from eager ...
  2009-02-27 05:21:50

• 2009年2月28日星期六07:02 BJT - 路透中国

  2009年2月28日星期六07:02 BJT路透中国, ChinaN: 行情) may securitize some US life insurance policies and have the interest rate on a government loan lowered, as talks continue to help the insurer deal with its financial problems, a source familiar with the matter said on Friday. ...
  2009-02-27 06:17:25

• CLICO's Duprey spent billions on Florida properties - Caribbean Net News

  CLICO's Duprey spent billions on Florida propertiesCaribbean Net News, Cayman IslandsFlorida court records indicate that the mortgage was amended eight times between 2005 and December 2007, when the loan's maturity was extended, with US$6 million outstanding, DYL is required to pay US$2 million up front, plus a US$100000 extension fee ...
  2009-02-27 10:07:37

• Brad Dickerson/Highlands Today - Tampa Tribune

  Brad Dickerson/Highlands TodayTampa Tribune, FL"They have Progress Energy to pay, they have their mortgage to pay, insurance to pay and then they have issues with their children when they get home. When they put on the uniform, it's like they flip a light switch. They go into the help mode and they ...
  2009-02-27 11:02:04

• Official urges support of Va. peanut industry - Richmond Times Dispatch

  Official urges support of Va. peanut industryRichmond Times Dispatch, VANew services for these members include financial and investment management services, first mortgage loans and home equity lines of credit. Partners Financial FCU members will gain Reymet's drive-through location on Reymet Road. ...
  2009-02-27 11:02:53

• New listings for Feb. 28 - Richmond Times Dispatch

  New listings for Feb. 28Richmond Times Dispatch, VASilney, Mr. Ronald Dennis, 66, of Richmond, a semi-retired self-employed mortgage broker, husband of Mary Silney. Thompson, Mr. Otis Jackson Sr., 76, of Ashland, a military veteran, a retired industrial machinist. Walton, Mrs. Ella Ruth Davis, 70, ...
  2009-02-27 11:02:53

• Dept. of Financial Studies, University of Delhi, Organizes Seminar ... - Cool Avenues

  Dept. of Financial Studies, University of Delhi, Organizes Seminar ...Cool Avenues, IndiaThe keynote address was followed by an equally enriching talk by the Special Guest Dr. Geoffrey Clements, Managing Director, India Director, Commonwealth Business School, UK on the European perspective of Sub Prime Mortgage Crisis. ...
  2009-02-27 11:08:43

• In the Region | Connecticut Forget the Old House. Sign Here. - New York Times

  In the Region | Connecticut Forget the Old House. Sign Here.New York Times, United States... netting: According to Clay Fowler, the chief executive, it will cover mortgage payments totaling as much as 5 percent of the purchase price if a buyer loses his or her job. “It’s not a full guarantee,” Mr. Fowler said, “but I guess it’s insurance. ...
  2009-02-27 11:18:59

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