Mortgage and Financial News From 2007-9-21 Page 11

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• Will mortgage malaise hit Charlotte? (Charlotte Weekly)

  Want the good news or the bad news first? Why don’t we get the not-so-good news out of the way.
  2007-09-21 08:17:00

• National fraud article has local mortgage industry talking (The Enid News & Eagle)

  From phony appraisals to consumer lies about income and employment, mortgage fraud is on the rise in the United States.
  2007-09-20 09:25:11

• Authority seeks legal advice (The Union-Recorder)

  Milledgeville-Sparta Housing Authority met behind closed doors Wednesday night to seek legal advice to address employees’ ...
  2007-09-21 05:20:33

• HSBC Finance Exits Non-Prime Wholesale Mortgage Business

  Forbes - As part of the continued review of its mortgage lending business, HSBC Finance Corporation ("HSBC Finance") said today that ... credit cards, private label credit cards, personal noncredit card loans, taxpayer financial services and specialty insurance ...
  2007-09-21 08:06:00

• Emergencies: What do you do?

  Sierra Sun - First, Doran said she has now put together a bag containing not only things of personal importance, but documents like insurance, mortgage papers and her passport. “Now I have a suitcase, so I don’t even have to think about what to take,” she ...
  2007-09-21 09:46:00

• UAW Rejects Retiree Health Care Proposal

  Baltimore Sun - ... leader who also was briefed on the talks, said negotiators have wrapped up work on all noneconomic issues and are trying to figure out the health care piece because the rest of the contract, including job security promises, pay and health insurance ...
  2007-09-21 05:50:00

• RE/MAX of New England Teams Up with TD Banknorth to Offer Hassle-Free ...

  Forbes - TD Banknorth and TD Banknorth, N.A. also operate subsidiaries and divisions in insurance, wealth management, merchant services, mortgage banking, government banking, private label credit cards, insurance premium financing and other financial services ...
  2007-09-21 08:56:00

• Gates Tops Forbes Rich List; Hedge Fund Managers Join (Update1)

  Bloomberg - Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology ... The subprime-mortgage crisis this year -- which shook debt, credit and stock markets globally -- didn't keep several hedge ...
  2007-09-21 09:39:00

• Partial Sherman sale a potential credit positive for Radian - Fitch

  CNBC - MUMBAI (Thomson Financial) - Fitch Ratings said the announced sale of a partial interest in debt recovery solutions provider Sherman Financial Group LLC improves the financial flexibility and capital position of Radian Group Inc's mortgage insurance ...
  2007-09-21 12:35:00

• MGIC impacted by mortgage meltdown

  Milwaukee Business Journal - MGIC Investment Corp. expects losses from mortgage insurance claims this year to continue to increase and exceed last year's in the wake of the deteriorating U.S. housing market. The losses would be "meaningful" to the private mortgage insurer, MGIC ...
  2007-09-21 04:53:00

• Genworth Financial Announces 11% Increase in Quarterly Cash Dividend

  Forbes - Genworth is a leading financial security company meeting the retirement, longevity, lifestyle protection, investment and mortgage insurance needs of over 15 million customers. It has a presence in more than 25 countries. For more information, visit ...
  2007-09-21 08:42:00

• PMI Group Declares Regular Dividend

  MSN MoneyCentral - WALNUT CREEK, Calif. (AP) - PMI Group Inc., which offers mortgage insurance and other products, said Friday its board declared a regular quarterly dividend of 5.25 cents per share. The dividend is payable Oct. 15 to shareholders of record Sept. 28
  2007-09-21 09:03:00

• House panel weighs tax relief on mortgage debt

  Washington Post - The bill also would extend a current tax deduction for mortgage insurance. Similar legislation has been sponsored in the Senate by Sens. Debbie Stabenow , a Michigan Democrat, and George Voinovich , an Ohio Republican, but no date has been set for its ...
  2007-09-21 10:29:00

• Reinhart forms new team to handle 'wave' of subprime mortgage suits (Small Business Times)

  The Milwaukee law firm Reinhart Boerner Van Deuren s.c. announced today it has formed a multi-disciplinary team of lawyers devoted to handling issues facing its business clients stemming from the subprime mortgage crisis and the resulting turmoil in the credit markets.
  2007-09-21 10:41:28

• PMI Group Declares Regular Dividend (AP via Yahoo! Finance)

  PMI Group Inc., which offers mortgage insurance and other products, said Friday its board declared a regular quarterly dividend of 5.25 cents per share.
  2007-09-21 08:54:47

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