Mortgage and Financial News From 2008-2-19 Page 11

RSS Feed

Previous Day: 2008-02-18

Return to the mortgage news archive home.

  • Move to prevent Rock advantage (FT.com via Yahoo! News)

    A joint opposition offensive intended to ensure Northern Rock cannot compete unfairly with other banks was launched at Westminster on Tuesday night as the bill nationalising the lender started its breakneck passage through parliament.
    2008-02-19 02:25:11
  • Northern Rock advisers facing fees showdown (Times Online)

    The Government is squaring up for a showdown with Northern Rock’s banking advisers over fees owed for advice on the failed sale of the stricken mortgage bank.
    2008-02-19 02:33:47
  • Television - Business (Scoop.co.nz)

    The UK housing market is showing signs of flattening, according to the influential royal institute of chartered surveyors.
    2008-02-19 03:05:45
  • Mortgage Clinic: 'Should we choose a fixed-rate or a tracker?' (Independent)

    'My wife and I are falling out over what to do with our home loan – a fixed rate or tracker? We're weeks away from our current deal ending (a two-year fixed rate on a £220,000 repayment loan) and I believe the Bank of England base rate will drop to 4 per cent over the next year. But my wife is arguing for the security of a fixed rate.' J Rangeworth, Bedfordshire
    2008-02-19 04:45:53
  • 'I bought with a friend – now he's selling up' (Independent)

    This year, Britain's forward-thinking first-time buyers can celebrate a landmark anniversary. It is a decade since that first, bold generation of young house-hunters decided to stop waiting for property prices to come down, or for their incomes to leap up, and instead resolved to share a mortgage with a friend.
    2008-02-19 04:46:34
  • Unpaid Baby-Sitting Is Part Of Family Life (Hartford Courant)

    Q: My older daughter is 12 years older than her sibling and is now "baby-sitting" for us on occasion. This is infrequent and usually after the baby's bedtime or during her nap time on Saturday or Sunday, when hubby and I can catch some time out of the house alone. She is good with the baby when she is awake and has no problem with sitting, even if we want to run an errand while the baby's awake ...
    2008-02-19 04:49:10
  • Few places to turn for investors

    Chicago Tribune - ... them: people who need low-cost student loans and see the supply dwindling as lenders have trouble borrowing money, and seniors who invested in insured municipal bonds and see values dropping because insurance companies face losses on mortgage ...
    2008-02-19 05:33:00
  • U.S. credit woes seep across the border

    Globe and Mail - What that has done is created conditions where institutions such as insurance companies, which had left the mortgage market because of the low spreads, are starting to make mortgage loans again," Mr. Bowden says. "It also means that institutions such ...
    2008-02-19 06:02:00
  • Manitoba posts second lowest increase in the consumer price index

    Winnipeg Free Press - Nationally fuel prices increased by 20.9 per cent but slightly less in Manitoba at 20.2 per cent. In addition to gasoline price increases, mortgage insurance costs were up 7.6 per cent over the past 12 months. Those prices were up 7.7 per cent in ...
    2008-02-19 09:43:00
  • MBIA ousts CEO Dunton, taps former chief Brown

    Boston Globe - ... equity to bolster its finances weakened by exposure to mortgage market losses. MBIA also is battling with high-profile investors betting against its shares. Brown, 59, in a statement issued on Tuesday said he had spoken to New York State Insurance ...
    2008-02-19 02:08:00
  • Need help budgeting? It's free online

    Baltimore Sun - Geezeo also allows him to track his goals, such as saving enough so he and his wife can drop private mortgage insurance. Geezeo allows you to decide how much you want to spend each month on different items. It gives color-coded warnings when you're ...
    2008-02-18 10:02:00
  • Wall Street at risk for $30B in bond insurer crisis

    CNN Money - ... banks may have to ante up as much as $30 billion in reserves to offset worsening conditions related to the bond insurance industry. To date, major financial firms have endured losses totaling more than $100 billion as a result of bad bets on mortgage ...
    2008-02-19 12:50:00
  • HCC Insurance Holdings Earnings Conference Call (Q4 2007)

    Yahoo Finance - ... underwrites financial insurance risks in its diversified financial products line of business, which includes directors’ and officers’ liability, employment practices liability, mortgage guaranty, professional indemnity, residual value insurance ...
    2008-02-19 12:07:00
  • American National Bankshares Inc. Announces Dividend

    MSN MoneyCentral - American National Bank and Trust Company provides a full array of financial products and services, including commercial, mortgage, and consumer banking; trust and investment services; and insurance. Services are also provided through twenty-three ...
    2008-02-19 01:54:00
  • Standard & Poor's Issues Ratings

    Post Chronicle - ... lowered, due to concerns with operating performance and risk management, the report said. Standard & Poor's also cited unfavorable conditions at Triad Guaranty Inc., United Guaranty Corp, California Housing Loan Insurance Fund, CMG Mortgage Insurance ...
    2008-02-19 10:34:00