Mortgage and Financial News From 2008-2-19 Page 12

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• Foreclosure Pause

  Street.Com - ... Preservation Foundation Housing Partnership Network The Housing Policy Council HSBC North America Holdings, Inc. JPMorgan Chase & Co National City NeighborWorks America Mortgage Bankers Association Option One Mortgage PMI Mortgage Insurance ...
  2008-02-19 09:08:00

• HCC Insurance Holdings Reports Record Results for Fourth Quarter and ...

  MSN MoneyCentral - HOUSTON, Feb. 19, 2008 (PRIME NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) today reported record earnings for the ... 641,667 $ 3,666,705 ===== ===== Residential Mortgage ...
  2008-02-19 02:23:00

• Coast Guard: Be Wary of Thin Ice (R News)

  Temperatures the past few days have ranged anywhere from the teens to near 50. None of it seemed to make a difference to local ice fishermen, who've been out in numbers.
  2008-02-19 02:43:32

• Feb. 18: Local News Briefs (The Herald Bulletin)

  SCORE, a group that advises new or potential small-business owners in Madison and surrounding counties, will hold a free workshop at the Anderson Public Library.
  2008-02-19 03:12:43

• MBIA Replaces Chief and Considers Split (NYTimes.com via Yahoo! Finance)

  The bond insurer replaced its chief executive with its retired chairman, Joseph W. Brown Jr., who said he would consider splitting up the company’s insurance business to restore confidence.
  2008-02-19 03:39:34

• Rock report to reveal Darling's delays (Guardian Unlimited)

  Goldman Sachs report on Northern Rock sheds light on failure to keep bank out of state hands
  2008-02-19 04:02:35

• Rock mortgage book 'being shrunk'

  BBC Business - ... this will mean restructuring the business, with a reduced mortgage book and a cut in staff. Fall prediction Mr Boulger said that the management had already increased mortgage rates so that they were 1-1.5 percentage points higher than other lenders ...
  2008-02-19 09:00:00

• Few places to turn for careful investors

  Chicago Tribune - ... on real estate and have been on time with every mortgage payment since you bought your home. Maybe you are so cautious you don't invest in the stock market. Given the twists in the financial mess that was set off by sloppy mortgage lenders and Wall ...
  2008-02-19 06:23:00

• Borrowers on 125% home loan deals face big jump in repayments

  Times Online - Thousands of borrowers on 125 per cent mortgage deals will be forced to pay hundreds of pounds more in monthly repayment bills after most of the lenders offering these loans withdrew from the market yesterday. The fallout from the credit crunch and ...
  2008-02-19 01:54:00

• Homeowners anxious for new rates

  Santa Rosa Press Democrat - The lending community is on pins and needles in anticipation of increased loan activity," said Joan Picard, who tracks the issue for the Redwood Empire Mortgage Lenders Association. "We've been very busy. The call activity has increased. We can't ...
  2008-02-19 12:07:00

• More people are tapping their 401(k) for cash

  MSNBC - Borrowers are finding their credit limits suddenly reduced and low-interest cards hard to come by. Mortgage lenders have also reduced limits on home-equity lines of credit. Meanwhile, jobs are harder to find, and consumers are getting pinched by ...
  2008-02-19 02:44:00

• Lenders withdraw mortgage products

  Channel 4 News - Two mortgage lenders have announced that they are withdrawing products which combine a mortgage with a personal loan. Alliance & Leicester said it was withdrawing its PlusMortgage, while Coventry Building Society said it would no longer offer its ...
  2008-02-19 08:46:00

• U.K.'s Northern Rock Move Highlights Risk to Taxpayers

  Wall Street Journal - ... actions that any politician would prefer to avoid: forcing shareholders to accept a deal that will likely leave them next to nothing; evicting some people from their homes amid a forecast rise in loan defaults; competing with private mortgage lenders ...
  2008-02-19 11:31:00

• Subprime lender Accredited Home's CEO retires

  Reuters - NEW YORK, Feb 19 (Reuters) - Accredited Home Lenders Holding Co., a large subprime mortgage lender acquired by private equity firm Lone Star Funds in October, said on Tuesday its long-time chairman and chief executive James Konrath has retired ...
  2008-02-19 02:08:00

• Obama Discusses Plan to Protect Homeownership, Crack Down on Predatory ...

  Forbes - Citing the more than $185 million spent by lenders on Washington lobbying over the last several years, Senator Obama pointed to the mortgage crisis as yet another example of why we need a President who will stand up to special interests on behalf of ...
  2008-02-19 12:28:00

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