Mortgage and Financial News From 2007-10-17 Page 18

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  • Intellidyn Debuts First Marketing Models to Target Highly-Qualified ...

    Consumer Electronics Net - With the likelihood that the federal government will soon be relaxing mortgage insurance requirements that could facilitate the refinancing of sub-prime homeowners with little or no equity in their homes, Intellidyn's FHA-Prospect Targeting Models ...
    2007-10-17 06:24:00

  • US subprime mortgage crisis impact on Hong Kong 'insignificant' - Chan

    Forbes - He also said that according to information gathered by the Office of the Commissioner of Insurance, the aggregate exposure of local insurers to US subprime assets may be considered relatively insignificant. 'Although the US subprime mortgage problem ...
    2007-10-17 02:35:00

  • GMAC Financial Services and ResCap Announce Restructuring of Mortgage ...

    Forbes - MINNEAPOLIS, Oct. 17 /PRNewswire/ -- GMAC Financial Services today announced it is restructuring its mortgage operations ... financial services company that operates in approximately 40 countries in automotive finance, real estate finance, insurance ...
    2007-10-17 08:11:00

  • Regions Increases Quarterly Dividend 5.6 Percent

    Forbes - With $138 billion in assets, Regions is one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the ...
    2007-10-17 09:23:00

  • Delinquent FHA loans mount in Michigan

    Detroit News - FHA clients pay mortgage insurance; the program is self-sustaining and costs taxpayers nothing. Officials with HUD say they will roll out special, Michigan-only initiatives in mid-November to tackle the problem. For the first time, HUD is contacting ...
    2007-10-17 04:00:00

  • MGIC Posts First Quarterly Loss on Writedown of Subprime Unit

    Bloomberg - Greater losses on mortgage insurance may lie ahead because subprime loans made in 2007's first half are faring worse than last year's crop, he said. ``There won't be any reprieve until probably the back half of 2008.'' MGIC fell 26 cents ...
    2007-10-17 04:51:00

  • Which Homes Should You Look At?

    MSN MoneyCentral - If you've got ample savings socked away, you may be in the enviable position of being able to pay 20% or more down on a new home. This means you won't have to pay for private mortgage insurance (PMI). So if you have $50,000 at your disposal, you ...
    2007-10-17 08:11:00

  • Fitch Affirms MGIC's IFS at 'AA' & Debt Ratings at 'A'; Outlook to ...

    Forbes - Fitch Ratings has affirmed the 'AA' Insurer Financial Strength (IFS) ratings of Mortgage Guaranty Insurance Corporation (MGIC) and MGIC Australia Pty Ltd. (MGIC Australia) and the 'A' senior debt rating of MGIC Investment Corporation (MGIC Investment ...
    2007-10-17 05:26:00

  • Mortgage insurer posts its first quarterly loss

    Philadelphia Inquirer - Earlier this year, MGIC and Radian Group Inc., a Philadelphia mortgage insurance company, called off their planned $4.9 billion merger. Shares of MGIC were down $3.45, or 11.2 percent, at $27.40 around noon, while Radian shares fell $2.93, or 13.7 ...
    2007-10-17 09:30:00

  • MGIC Losses Mash Mortgage Sector

    Street.Com - The comments spurred a ratings downgrade and sent shares across the mortgage insurance sector tumbling. Shares in Radian ( RDN - Cramer's Take - Stockpickr ), MGIC's partner in a merger that failed to close earlier this year, fell 11%, while MGIC and ...
    2007-10-17 08:47:00

  • NAMP Views FHA's Energy Efficient Mortgage (EEM) Program as Providing Energy Savings and Relief for Homebuyers (PRWeb via Yahoo! News)

    As utility rates rise, homebuyers can improve their mortgage options by incorporating energy-efficiency features into their FHA-insured home purchase or refinancing. FHA seeks to make EEMs more widely used to aid homeowners and homebuyers. Mortgage professionals can learn more through NAMP and FHA Online University's offered courses.
    2007-10-17 12:01:00

  • (AFX UK Focus) 2007-10-17 09:35 GMT: US subprime mortgage crisis impact on Hong Kong 'insignificant' - Chan (Interactive Investor)

    HONG KONG (XFN-ASIA) - The US subprime mortgage market crisis in the US has not had any systemic implications for Hong Kong's financial sector and its overall impact here has so far been insignificant, a treasury official said.
    2007-10-17 01:55:38

  • GMAC Financial Services and ResCap Announce Restructuring of Mortgage Operations (CNW Group via Yahoo! Finance)

    GMAC Financial Services today announced it is restructuring its mortgage operations, Residential Capital, LLC , as severe weakness in the housing market and mortgage industry continues to prevail.
    2007-10-17 08:23:00

  • Fool News: The Credit Card Mortgage Trap (Fool.co.uk via Yahoo! UK & Ireland Finance)

    More than a million householders in Britain have used credit cards to pay their mortgage or rent in the last year, according to a survey published today by housing charity Shelter.
    2007-10-17 08:12:31

  • Mortgage Bankers group taps BofA vice president (bizjournals.com via Yahoo! Finance)

    The Mortgage Bankers Association has named Bank of America Corp. Senior Vice President Robert Griffith as chairman of its residential board of governors.
    2007-10-17 06:40:55

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