Mortgage and Financial News From 2008-2-18 Page 10

Previous Day: 2008-02-17

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• Seeking protection

  Boston Globe - Mortgage companies "are not doing it on their own," said US Representative Brad Miller, a North Carolina Democrat who has proposed legislation allowing courts to modify mortgage loans. "I think that borrowers should have some rights and not just have ...
  2008-02-17 05:07:00

• Mexico's mutual funds expanded 18 pct last year

  Reuters - Pension and mutual funds, along with insurance companies, have accounted for most of the demand so far in Mexico's small but fast-growing mortgage-back debt market. Assets of Mexico's private pension funds were worth about $78 billion at the end of ...
  2008-02-18 01:34:00

• Capitalism at its worst

  Wearford Democrat - Phone companies are the masters of this deceit, although auto dealers and mortgage companies can run them a close race. What can we do? Not much, but we can start to pay more attention to our shopping habits. Become the sophisticate consumer and quit ...
  2008-02-18 09:37:00

• Investors to digest more data on inflation, manufacturing to gauge ...

  International Herald Tribune - And there are worries about the financial well-being of companies with investments in mortgage-backed assets. All U.S. financial markets are closed Monday for the Presidents Day holiday. On Tuesday, the National Association of Home Builders releases ...
  2008-02-18 12:01:00

• Editorials from Around Ohio

  Cleveland Plain Dealer - ... and loan service companies insist the foreclosure crisis is a national problem that demands national solutions. Partly on that basis, the industry association, the Mortgage Bankers Association, rejected an overture last fall for mortgage companies in ...
  2008-02-18 01:05:00

• Regulators' Subprime Mortgage Cases

  Chicago Tribune - ... Attorney General Richard Blumenthal are investigating whether banks properly disclosed risks of mortgages that were bundled into securities sold to investors. _ Ohio Attorney General Marc Dann has accused 10 mortgage lenders and appraisal companies of ...
  2008-02-18 01:19:00

• CDL Investments NZ Posts Record Profit for 2007 (Scoop.co.nz)

  Property development company CDL Investments New Zealand Limited (NZX: CDI) today reported its audited results for the year ended 31 December 2007. Chairman Mr.
  2008-02-18 01:50:34

• A Look into Lincoln's Life (R News)

  The writings of one of America's most beloved presidents comes to life online, thanks to the University of Rochester and a family from the Finger Lakes.
  2008-02-18 01:58:32

• Regulators: Wall Street should be punished in subprime mess (Chicago Tribune)

  
  2008-02-18 02:02:45

• Bond insurer splits may lead to lawsuits (KPLC Lake Charles)

  NEW YORK (Reuters) - The proposal to break-up the businesses of bond insurers into two separate segments, with one covering "good" municipal debt and the other covering "bad" structured...
  2008-02-18 02:07:54

• Cops Helps Deliver Baby (R News)

  A Webster police officer is credited with helping deliver a baby, born at a home in that town early Monday. Cooper Jack Binazeski was born at 2:36am. His mother, Katie went into labor in the middle of the night. Father Eric called 911.
  2008-02-18 02:43:45

• David Dreman Buys Frontier Oil Corp., Wachovia Corp., Exxon Mobil Corp., Sells Insituform Technologies Inc., EDO ... (Guru Focus)

  The Contrarian and the value guru, David Dreman undervalued companies with strong fundamentals, above-market dividend yields and historic earnings growth. The recent market corrections certainly give him a lot of opportunities, He has been buying energy stocks and financials.
  2008-02-18 02:47:27

• Insurance News Buzz From Last Week – In Case You Missed It: MBIA ...

  Insurance News Net - ... its credit rating due to significant potential losses it may incur after guaranteeing billions of repackaged subprime mortgage ... State Insurance Fraud Unit Fails to Deliver the Goods Auditors slammed Georgia’s special state insurance fraud program for ...
  2008-02-18 11:53:00

• Stephen Schlesinger: Hillary Clinton clearly is best to lead nation

  Wisconsin State Journal - He backs a bill against mortgage fraud, supports an average $500 tax credit for homeowners, and endorses additional funding for a limited class of homeowners. His is a tepid response to an enormous tragedy. In many ways, Clinton is to the left of Obama
  2008-02-17 11:55:00

• Now we will all feel pain of the credit crunch

  Belfast Telegraph - Britain claims to be the world's pre-eminent financial centre and yet has been forced to nationalise a mortgage bank. The world is right to wonder how things came to this. After all, unlike the fraud at the French bank Société Gé*érale ...
  2008-02-18 02:06:00

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