Mortgage and Financial News From 2009-9-24 Page 01
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TowneBank Announces Cash Dividend On Preferred Stock - MSN Money
SUFFOLK, Va., Sept. 24, 2009 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (Nasdaq:TOWN) announced today that its Board of Directors on September 23, 2009 declared a cash dividend of $12.50 per share on its Series B Fixed-Rate Non-Cumulative ...
2009-09-24 04:57:00 -
Purgatory Sucks - Salon
I'm living in Purgatory. What is there to do when you've finished up all seven seasons of All Creatures Great & Small on Netflix and everything else seems pale in comparison? I spend 9 hours a day driving to work, "working" and driving back home. My ...
2009-09-24 08:10:00 -
Flood Claims May Reach 16,000, With Many Unprotected (Update1) - Bloomberg
Sept. 24 (Bloomberg) -- Flooding in northern Georgia this week may yield as many as 16,000 insurance claims, many of which will be rejected after homeowners discover their policies don’t cover floods, an insurance trade group said. “Just a ...
2009-09-24 04:21:00 -
Nov. 1 is deadline for 2010 Financial Expo in PSl - Jupiter Courier
PORT ST. LUCIE — The deadline is Nov. 1 for applying to participate in the Financial Expo, scheduled for Feb. 26-28 at the Port St Lucie Civic Center. Banking and financial institutions, financial advisers, mortgage/title companies, insurance ...
2009-09-24 04:21:00 -
ILMA Draws Clear Distinction Between Life Settlement Securitizations ... - PR Inside
The Institutional Life Markets Association outlined today the major differences between life settlement securitizations and the securitization of mortgages during testimony before the Subcommittee on Capital Markets, Insurance and Government ...
2009-09-24 04:43:00 -
Judge dismisses challenge to Bayshore flood zone maps - Asbury Park Press
A U.S. District Court judge has dismissed Monmouth County's lawsuit to stop the Federal Emergency Management Agency from putting into effect Friday its newly expanded flood zone maps in the Bayshore area, ruling that the case is beyond the court's ...
2009-09-24 05:18:00 -
Life Insurance - Is It Truly Needed? - Best Syndication
One of the most commonly asked questions people have when it comes to life insurance is, "do I really need to have it?" Although arguments can be made on both sides, here is a look at a few circumstances where having a policy can be very beneficial ...
2009-09-24 06:01:00 -
Life insurance term policy types explained - Best Syndication
Life insurance term policy types explainedBest SyndicationThis type of insurance is of particular interest to those on a repayment mortgage as with repayments to the mortgage the outstanding debt is also reducing ...and more »
2009-09-24 06:19:27 -
Why macro is prudent - National Post
Why macro is prudentNational PostABCP implicated numerous aspects of our financial system, including securities, mortgage markets, and securitizations. Given that existing regulators ...
2009-09-24 06:29:53 -
Raters Face Fresh Push in House - Wall Street Journal
Raters Face Fresh Push in HouseWall Street JournalMeanwhile, state insurance regulators gathering in National Harbor, Md., grilled executives of major ratings firms about their botched analysis of mortgage ...and more »
2009-09-24 08:02:19 -
Our View: The trouble with indymac - San Gabriel Valley Tribune
Our View: The trouble with indymacSan Gabriel Valley TribuneFIRST things first: The mortgage-banking crisis that nearly sunk our economy was not merely a function of lack of government oversight. ...and more »
2009-09-24 08:04:18 -
Ten Stand-Out Public Servants Receive Coveted Service to America ... - PR Newswire (press release)
Ten Stand-Out Public Servants Receive Coveted Service to America ...PR Newswire (press release)As an economic analyst at the FDIC, Rowley helped thousands stay in their homes by working to implement IndyMac's mortgage modification program after the ...and more »
2009-09-24 08:05:04 -
Goldfield Extends Stock Repurchase Plan; Settles With EPA - PR Newswire (press release)
Goldfield Extends Stock Repurchase Plan; Settles With EPAPR Newswire (press release)... rates and availability of mortgage financing to our buyers; increases in construction and homeowner insurance and the availability of insurance. ...
2009-09-24 08:06:15 -
Experian's CreditHorizons(SM) for Whole Loan Portfolios Heightens ... - PR Newswire (press release)
Experian's CreditHorizons(SM) for Whole Loan Portfolios Heightens ...PR Newswire (press release)For example, a hedge fund recently used Experian's CreditHorizons in a portfolio analysis of a performing option Adjustable Rate Mortgage pool. ...
2009-09-24 08:06:47 -
Sandler joins Pearl as chair - CITY A.M.
Sandler joins Pearl as chairCITY A.M.Sandler was put in charge of failed mortgage lender Northern Rock after it became the first casualty of the credit crunch and fell under state control. ...and more »
2009-09-24 08:23:33