Mortgage and Financial News From 2009-6-29 Page 01

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  • Debt wasn't always the enemy - Marketplace.publicradio.org

    Kai Ryssdal: For two years and more now, the main thing we've heard about debt is that it's bad. How too much of it, and the wrong kind of it, helped send the economy off the rails. But there are good things to be said about being in hock. Stephen ...
    2009-06-29 05:36:00
  • Calyx Software Recognized as Top 50 Service Provider by Mortgage ... - PR Inside

    Calyx ® Software ® , the preferred mortgage solution provider for banks, credit unions, mortgage bankers and brokers, has been selected as one of the 2009 Top 50 Service Providers by Mortgage Technology. The annual award is presented to technology ...
    2009-06-25 06:49:00
  • Who's to blame for the housing crash? - Salon

    But "Our Lot" is also a reminder that our memories are short, and that the same mix of hope, greed, good intentions and bad policy has been inflating and popping real estate bubbles since the days of LBJ. Behind it all is a conviction shared by ...
    2009-06-29 08:13:00
  • Armstrong, ‘Celebrity’ Directors May Face Review Under SEC Rule - Bloomberg

    June 30 (Bloomberg) -- Rules being considered by the U.S. Securities and Exchange Commission would force Bank of America Corp. to explain how leading the 2003 invasion of Iraq prepared former U.S. General Tommy Franks to sit on its audit committee ...
    2009-06-29 11:34:00
  • The #1 Lesson of the Housing Crisis - Huffington Post

    The #1 Lesson of the Housing CrisisHuffington PostDo not rely on the good faith of your friendly real estate agent or mortgage broker. Do not depend upon your attorney or title carrier to help you avoid ...and more »
    2009-06-29 04:22:35
  • Most UK brokers already charging fees for service - Broker News Australia

    Most UK brokers already charging fees for serviceBroker News AustraliaThese results come as the UK's Association of Mortgage Intermediaries said it expected the Financial Services Authority not to ban mortgage broker ...and more »
    2009-06-29 09:21:11
  • Best way to find a home loan - CNNMoney.com

    Best way to find a home loanCNNMoney.comKeep in mind that all these sites act as referral services, so eventually you'll have to close the deal with a bank or mortgage broker. ...and more »
    2009-06-29 02:53:50
  • Genworth Announces Pricing of Canadian Initial Public Offering - StreetInsider.com

    RICHMOND, Va., June 29 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. (NYSE: GNW ) announced today that its Canadian mortgage insurance subsidiary, Genworth MI Canada Inc., has priced its initial public offering in Canada of 44.7 million common ...
    2009-06-29 07:52:00
  • Profit better than expected for H&R Block - Asbury Park Press

    The news sent shares up nearly 5 percent in after-hours trading. The Kansas City, Mo.-based company said it earned $706.9 million, or $2.09 per share, during the three months ended April 30. That's up from year-ago profit of $543.6 million, or $1.66 ...
    2009-06-29 07:02:00
  • Convergys Launches Loan Modification Solutions that Provide Mortgage ... - dBusinessNews.com

    According to Hope Now, a coalition of lenders, servicers, investors, and housing counselors, about 134,000 mortgages were adjusted in March, nearly 20,000 more than the average since September. “Mortgage companies and financial services ...
    2009-06-29 06:33:00
  • Rendell signs 2 bills on mortgage fraud - Philiy.com

    Gov. Rendell today signed two bills designed to protect consumers from mortgage fraud. One bill, sponsored by State Rep. David Kessler (D., Berks) protects mortgage company employees who report illegal activities or take part in an investigation ...
    2009-06-29 03:34:00
  • Bill To Prevent Mortgage Fraud - WHP CBS21

    Governor Ed Rendell took steps today to fight mortgage fraud in the Keystone State. He signed a bill today that will provide more protection for Pennsylvanians who are shopping for a mortgage or refinancing their homes. It states mortgage lenders ...
    2009-06-29 03:55:00
  • Still on shaky ground - Nashville Post (subscription)

    Still on shaky groundNashville Post (subscription)“The mortgage companies are really trying to salvage these loans,” says Memphis attorney Arnold Weiss, who has served as substitute trustee on hundreds of ...and more »
    2009-06-29 12:07:28
  • Saudi mortgage market primed for action - The National

    Saudi mortgage market primed for actionThe National“I know of at least three bodies looking to set up independent mortgage companies in Saudi now. The market will be booming in the next five years. ...and more »
    2009-06-28 07:46:04
  • SEC tells State Street it could face civil charges - The Associated Press

    SEC tells State Street it could face civil chargesThe Associated PressBoston-based State Street provides accounting, brokerage and other services to mutual funds, retirement plans, insurance companies and other customers. ...and more »
    2009-06-29 05:46:18