Mortgage and Financial News From 2007-10-26 Page 6

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  • Six bodies found in rubble of wildfires

    Seattle Post Intelligencer - They were identified as John Christopher Bain, 58, a mortgage broker, and his wife, Victoria Fox, 55, a teacher. A relative who did not want to be identified because she was too distraught confirmed the deaths, and their names matched property ...
    2007-10-26 08:43:00

  • Subprime fallout hits Mizuho Securities

    Financial Times - Mizuho Securities on Friday became the second Japanese broker to be hit by fallout from the US subprime mortgage crisis as it posted a first-half operating loss. The Y32.5bn ($285m) loss resulted from a write-down of the value of collateralised debt ...
    2007-10-26 11:21:00

  • New Ideas In Congress, But Not All Have Traction

    Washington Post - Kanjorski (D-Pa.), the Escrow, Appraisal and Mortgage Servicing Improvements Act would ban lender or broker interference in appraisers' valuations and would require subprime mortgages to carry escrow accounts to handle property tax and insurance ...
    2007-10-26 01:37:00

  • Week Ahead: Stocks Hope for Kindest Cut

    CNBC - Stocks were swept higher on a big earnings-inspired rally in Microsoft and the comfort of a surprisingly positive forecast from troubled mortgage broker Countrywide. The beaten down financial sector ended Friday's session with a 2.5% gain and tech ...
    2007-10-26 03:10:00

  • Profit warning at Elephant Loans

    Daily Telegraph - Elephant Loans' share price fell 14pc after the sub-prime mortgage broker warned that it will miss its full-year profits target as a result of the credit crunch. "Several lenders have withdrawn from the market and others have tightened their ...
    2007-10-26 03:53:00

  • Local victims of subprime mortgage meltdown heard (The Buffalo News)

    Western New York has largely escaped the biggest impact of the subprime mortgage meltdown that has hammered the nation, but that doesn’t mean all its residents are spared.
    2007-10-26 04:02:39

  • Profit warning at Elephant Loans (Daily Telegraph)

    Elephant Loans' share price fell 14pc after the sub-prime mortgage broker warned that it will miss its full-year profits target as a result of the credit crunch.
    2007-10-26 05:33:03

  • Study: Residents faulting early on mortgage loans

    Sentinel & Enterprise - ... highest rates of delinquency on subprime loans within three months of receiving the loan, according to a recent mortgage report ... lot of work to do and I'm worried there's a lot of people, given that statistic, that we have to get in early" for advice ...
    2007-10-26 08:22:00

  • Movers: Microsoft, Countrywide, Merrill Lynch, Tesoro, Omniture

    BusinessWeek - ... posts $2.85 third quarter loss per share, vs. $1.03 EPS a year ago, noting unprecedented disruptions in the U.S. mortgage ... Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of ...
    2007-10-26 10:59:00

  • News Minute: Court orders release...Evacuee center closing...Spacewalk ...

    WDAM-TV - This Week in Weddings Wedding of the Week Ask Carley Planning Ideas & Advice More.. Personals WDAM History Coming up on NBC TV ... Strong earnings from Microsoft and an upbeat outlook from mortgage lending giant Countrywide Financial are contributing to the ...
    2007-10-26 03:50:00

  • Land Registry adds to housing gloom

    Times Online - Halifax, Britain's biggest mortgage lender, reported a 0.6 per cent drop in prices in September, the first fall since the ... Meanwhile, the National Housing and Planning Advice Unit attacked Government house-building targets as insufficient to stave ...
    2007-10-26 01:30:00

  • Lessen lesson payment pain

    Daily Telegraph - In terms of reducing your expenditure, review everything from your mortgage to insurance policies and utility bills ... Look at your timescales and if you haven't done so already, take professional advice to start an investment portfolio. The ...
    2007-10-26 03:53:00

  • Protection racket - fight back starts here

    Guardian Unlimited - It is often also sold by mortgage brokers who persuade customers to sign up for five to seven years with the payments for the ... In 2005, Citizens Advice issued a "super-complaint" over PPI sales, requiring the Office of Fair Trading to investigate. The ...
    2007-10-26 03:53:00

  • Go to them for parenting advice (i.e., how not to parent)

    Newark Star-Ledger - Lohan, mother to rehab-errific actress Lindsay Lohan , will begin filming an E! reality show with her younger daughter, Ali , an aspiring singer and actress, later this month, People reports . The elder Lohan, who is also the show's executive ...
    2007-10-26 11:49:00

  • How to weather any storms ahead

    Daily Telegraph - The Telegraph Mortgage Service is provided by London & Country and offers a fee-free service, offering comprehensive advice. Call to see how you could save money by cutting the cost of your mortgage on 0800 953 0308 Replacing letting agents with the ...
    2007-10-26 03:53:00

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