Mortgage and Financial News From 2007-11-30 Page 10
Previous Day: 2007-11-29
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Old Republic Intl and units' outlook cut to negative - Fitch
Forbes - BANGALORE (Thomson Financial) - Fitch Ratings said it has lowered its outlook on Old Republic International Corp (ORI) and its units to negative from stable on concerns about the strain from poor operating results in the company's mortgage insurance ...
2007-11-29 10:19:00 -
Genworth Financial Elects Risa J. Lavizzo-Mourey to Board of Directors
Forbes - GNW) is a leading financial security company meeting the retirement, longevity and lifestyle protection, investment and mortgage insurance needs of more than 15 million customers. It has a presence in more than 25 countries. For more information ...
2007-11-30 06:26:00 -
LandAmerica Becomes First Non-Russian Insurer to Cover Title Risks in ...
Forbes - Title insurance is also playing an important role in European Commercial Mortgage Backed Securities (CMBS) transactions, where issuers, ratings agencies and investors recognize its critical benefit in mitigating title and mortgage risks, and closing ...
2007-11-30 12:31:00 -
Analysts see Metroplex boom, despite housing gloom
Fort Worth Business Press - There has been no great peak, which means there will be no great valley,” Boyd said, citing the latest PMI Mortgage Insurance Co. risk index report. The Fall 2007 report from PMI Mortgage ranked Fort Worth/Arlington second-to-last, just above ...
2007-11-30 01:50:00 -
S&P 500 Leaders & Laggards: FRE DELL
Forbes - MBIA Inc., the holding company for mortgage insurer MBIA Insurance Corp., advanced $5.77, or 18.8 percent, to $36.51. Freddie Mac's sibling, Fannie Mae, also a government-sponsored mortgage guarantor, rose $6.03, or 18.6 percent, to $38.42. On the ...
2007-11-30 02:40:00 -
Yen, Franc Fall the Most in 3 Years on Demand for Higher Yields
Bloomberg - Defaults by U.S. homeowners with private mortgage insurance rose last month to the highest since at least August 2001, adding to evidence that the housing slump is getting deeper at the start of its third year. The U.S. currency remained ...
2007-11-30 01:00:00 -
Novice Investor at a Crossroads: Trade Up, Fix Up or Sell?
Washington Post - While real estate agents will be helpful, keep in mind that they want to sell you properties so they can make a commission. Your advisers must be independent. I keep hearing that private mortgage insurance can now be deducted on your federal taxes ...
2007-11-30 01:00:00 -
Genworth Financial Announces Stock Repurchase Program
Forbes - Genworth is a leading financial security company meeting the retirement, longevity and lifestyle protection, investment and mortgage insurance needs of more than 15 million customers. It has a presence in more than 25 countries. For more information ...
2007-11-30 01:07:00 -
Genworth Financial Declares Dividend on Its Shares of Class A Common ...
MSN MoneyCentral - Genworth is a leading financial security company meeting the retirement, longevity and lifestyle protection, investment and mortgage insurance needs of more than 15 million customers. It has a presence in more than 25 countries. For more information ...
2007-11-30 01:14:00 -
Insured Home Mortgage Defaults Reach Six-Year High (Update5)
Bloomberg - Nov. 30 (Bloomberg) -- Defaults by U.S. homeowners with private mortgage insurance rose last month to the highest since at least August 2001, adding to evidence that the housing slump is getting deeper at the start of its third year. The number of ...
2007-11-30 02:11:00 -
First Horizon Insurance Expands Memphis Sales Force (PrimeNewswire via Yahoo! Finance)
MEMPHIS, Tenn., Nov. 30, 2007 -- First Horizon Insurance Group, Inc., a subsidiary of First Tennessee Bank National Association, is expanding its insurance presence in the Mid-South.
2007-11-30 04:00:00 -
Analyst: State insurance risk still rising (Bradenton Herald)
The nonstop coastal building across Florida has pushed the insurance risk in the state to nearly $2 trillion, keeping it the diciest place in the world for insurers, an industry analyst said Thursday.
2007-11-29 09:54:14 -
Fitch Affirms HSBC Mortgage Corp (USA) Residential Svcr Rtg at 'RPS2+' & Assigns Subprime Rtg (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has affirmed the servicer ratings of HSBC Mortgage Corporation as follows:
2007-11-30 01:53:00 -
Wall Street Heads For 4th Straight Gain
Forbes - In addition to a possible rate cut, the mortgage lenders embroiled in the subprime crisis got another helping of good news Friday, as U.S. Treasury Secretary Henry Paulson is apparently working with financial firms on a plan to stem the tide of home ...
2007-11-30 01:36:00 -
Richardson `Disgusted' at Republicans on Immigration (Update1)
Bloomberg - Saying the American dream of home ownership is ``in peril,'' Richardson said the government should intervene to help homeowners get reduced interest rates from mortgage lenders as a way to stop foreclosures. On the campaign, Richardson ...
2007-11-30 12:24:00
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