Mortgage and Financial News From 2009-10-28 Page 01
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FHA Video; New Apps Dropping; Citi and Flagstar Updates; Rates ... - MortgageNewsDaily.com
Some days the best thing about my job is that my chair spins! (Sad but true.) But then along comes items like THIS . Who would have ever thought FHA compliance and underwriting issues would have made it to mainstream videos - not to be missed ! The ...
2009-10-28 12:28:00 -
Mortgage, rent top list of expenditures in Taiwan: survey - Taipei Times
Mortgage and rent top expenditures by Taiwanese families, accounting for NT$17,800 (US$550) of their spending each month this year, up from NT$16,892 four years ago, a survey by CARDIF Assurance Vie, Taiwan Branch, showed yesterday. “Taiwanese ...
2009-10-21 11:53:00 -
Insurers Found Liable In New Century Blast Fax Spat - site.law360.com
Law360, New York (October 28, 2009) -- A magistrate judge has found that a $2 million settlement paid by bankrupt New Century Mortgage Corp. to end a class action over unsolicited fax advertisements should be covered by its insurance policies under ...
2009-10-28 08:56:00 -
BancorpSouth, Inc. Declares Quarterly Dividend - PR Newswire
TUPELO, Miss., Oct. 28 /PRNewswire-FirstCall/ -- At their regular quarterly meeting on October 28, 2009, the Board of Directors of BancorpSouth, Inc. (NYSE: BXS) declared a quarterly cash dividend of $0.22 per common share. The dividend is payable ...
2009-10-28 10:50:00 -
3rd Circuit Revives Class Action Against Countrywide Over Alleged ... - Law.com
In a huge setback for Countrywide Financial Corp., a federal appeals court has revived a national class action brought by homebuyers who accused the lender of concocting a kickback scheme in which buyers were required to purchase mortgage insurance ...
2009-10-28 09:39:00 -
3rd Rescue Considered for GMAC - New York Times
3rd Rescue Considered for GMACNew York TimesAt the heart of its troubles is its mortgage unit, which lost $1.8 billion during the second quarter — the seventh consecutive quarter of losing more than ...and more »
2009-10-28 08:36:33 -
NorthWestern Reports Third Quarter 2009 Financial Results - Reuters
NorthWestern Reports Third Quarter 2009 Financial ResultsReutersThese increases were partially offset by the absence of a mark-to-market gain from prior year, a net reduction in insurance recoveries and settlements ...and more »
2009-10-28 09:01:44 -
Jennifer S. Altman for The New York Times - New York Times
New York TimesJennifer S. Altman for The New York TimesNew York TimesIn other words, you could give children a mortgage for the entire purchase price of a home. BUY A HOUSE Tax experts disagree about whether rent-free living ...
2009-10-28 09:04:34 -
LETTER: What's wrong with this health reform picture? - Journal Gazette and Times-Courier
LETTER: What's wrong with this health reform picture?Journal Gazette and Times-Courier... the same greedy folks who marketed junk mortgage packages. To the person who disliked an Illinois state employee complaining about health insurance ...
2009-10-28 09:52:32 -
NBR Transcripts-October 28, 2009 - Nightly Business Report
NBR Transcripts-October 28, 2009Nightly Business ReportThis time the auto and mortgage lender needs around $5 billion. That's on top of two others totaling $12.5 billion and a debt offering today of almost $3 ...and more »
2009-10-28 09:55:49 -
GMAC Begs for More From Uncle Sam - Nightly Business Report
GMAC Begs for More From Uncle SamNightly Business ReportThis time the auto and mortgage lender needs around $5 billion. That's on top of two others totaling $12.5 billion and a debt offering today of almost $3 ...
2009-10-28 09:55:50 -
Taiwan stocks at 1-mth intraday low on techs and banks - Interactive Investor
Taiwan stocks at 1-mth intraday low on techs and banksInteractive InvestorThe banking and insurance sub-index dropped 4.45 percent. Acer, the world's No.2 PC brand, was down 3.88 percent. Acer recalled 12266 laptop PCs in China ...and more »
2009-10-28 10:03:47 -
Actions to save bank faulted - CharlotteObserver.com
Actions to save bank faultedCharlotteObserver.comGrowing defaults in commercial lending are threatening the nation's economy, which hasn't recovered from a deluge of mortgage defaults. ...and more »
2009-10-28 11:05:20 -
Village Fiscal Officer has financial problems - The Review
Village Fiscal Officer has financial problemsThe ReviewSaying his bond is held by the Mills Insurance Agency, Roach said he had planned to "shop around" until he learned the bond only costs the village $20 per ...and more »
2009-10-28 11:09:33 -
Government will keep insurance firms in line just as it did banks and AIG - Canton Repository
Government will keep insurance firms in line just as it did banks and AIGCanton RepositoryWell, let's see, they didn't keep the banks honest, or the mortgage brokers or Wall Street. And wasn't AIG an insurance company for which they threw ...
2009-10-28 11:12:06