Mortgage and Financial News From 2009-6-30 Page 01
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Lloyds Plans to Cut 270 Jobs at Insurance, Offshore Divisions - Bloomberg
June 24 (Bloomberg) -- Lloyds Banking Group Plc , Britain’s biggest mortgage lender, plans to cut 270 jobs at its insurance and offshore operations, bringing to more than 4,450 the number of positions the bank has eliminated since April. The bank ...
2009-06-24 10:32:00 -
Greensboro company ready to lay off 160 positions - News 14
GREENSBORO – A long-time Greensboro mortgage insurance company is laying off workers. United Guaranty Corp. says it is cutting 160 positions nationwide. Most of the cuts are coming to the Greensboro headquarters. The company says it’s making the ...
2009-06-24 09:06:00 -
Grassley Hosting Fundraiser With Mortgage Industry Lobbyist, Months ... - Huffingtonpost.com
In late April, the U.S. Senate rejected an amendment to the housing bill that would have allowed bankruptcy judges to provide relief for troubled homeowners by modifying mortgage payments. Among those who opposed the measure, which was known as ...
2009-06-21 07:54:00 -
The PMI Group, Inc. Announces Conference Call to Review Second ... - FOXBusiness
The PMI Group, Inc. Announces Conference Call to Review Second ...FOXBusinessThrough its wholly and partially owned subsidiaries, PMI offers residential mortgage insurance and credit enhancement products. ...and more »
2009-06-30 08:50:36 -
Planning for the rest of your life - Chicago Tribune
Planning for the rest of your lifeChicago TribuneNot just by your obligations -- a mortgage, kids to take care of -- but also by success. The better you get at your job, the more efficient you become. ...and more »
2009-06-30 08:52:14 -
Cracked Houses: What the Boom Built - Wall Street Journal
Cracked Houses: What the Boom BuiltWall Street JournalMichael Yager, 61, a retired real-estate agent and firefighter, says his bank would not refinance his mortgage unless he paid for a $7000 engineering study ...and more »
2009-06-30 09:04:25 -
Planning for Thrift - Financial-Planning.com
Planning for ThriftFinancial-Planning.com"The average housing allowance—mortgage, insurance, taxes, utilities, everything it takes to run a home—should be no more than 36% of your income," she says ...and more »
2009-06-30 09:14:23 -
Risk Pays Off, While Treasury Plays Run Aground - Wall Street Journal
Risk Pays Off, While Treasury Plays Run AgroundWall Street JournalBy the end of June, corporate bonds had given up some of their gains, while mortgage rates and yields on long-term Treasurys remained elevated despite ...and more »
2009-06-30 09:19:49 -
Let's Be Sure the Cure Isn't Worse Than the Problem - Wall Street Journal
Let's Be Sure the Cure Isn't Worse Than the ProblemWall Street JournalThey control half the mortgage market, essentially setting terms for all other participants. They drove through huge distortions in lending criteria, ...and more »
2009-06-30 09:24:50 -
Paid family leave begins - Asbury Park Press
Paid family leave beginsAsbury Park Press"I just watch so many families struggle with it and I listen to them wonder how they're going to make their mortgage payments and bill payments," Sweeney ...and more »
2009-06-30 09:30:34 -
Elite Lists for Foreclosure Work Under Scrutiny - Above the Law
Elite Lists for Foreclosure Work Under ScrutinyAbove the Law... company while the mortgage company allegedly steered title insurance business to the law firm, which paid for referrals in violation of state laws. ...and more »
2009-06-30 09:37:50 -
Bank Woes Deepening in Europe - New York Times
New York TimesBank Woes Deepening in EuropeNew York TimesIn all, it has received $41.5 billion in financing and guarantees to recover from disastrous mortgage bets that its financial engineers and traders made ...and more »
2009-06-30 09:47:39 -
FAMILY MONEY - Wall Street Journal
FAMILY MONEYWall Street JournalWhen our relative began to fall behind on bills, he agreed to give power of attorney to a son, who started paying the mortgage and other big bills, ...and more »
2009-06-30 10:12:43 -
Getting caught in BC's safety net - BCLocalNews
Getting caught in BC's safety netBCLocalNews... RRSP statements, life insurance policies “showing cash surrender values,” student loans, vehicle registration, mortgage and property assessment, etc. ...and more »
2009-06-30 10:28:13 -
NBR Transcripts-June 30, 2009 - Nightly Business Report
NBR Transcripts-June 30, 2009Nightly Business ReportThey have to get the approval of the mortgage insurer if there's mortgage insurance. They have to determine the fair market value of the home and often ...and more »
2009-06-30 10:39:50