Mortgage and Financial News From 2007-10-10 Page 24
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White House threatens to veto housing bill
Reuters - Under the Massachusetts Democrat's plan, the fund would get a cash infusion from a charge on government-sponsored mortgage companies Fannie Mae and Freddie Mac as well as from a new fee structure for the FHA. In the first year of the fund, all money ...
2007-10-09 04:06:00 -
Mortgage applications climbed last week: MBA
CNBC - The Mortgage Bankers Association said its seasonally adjusted index of home loan application activity increased 2.4 ... Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the ...
2007-10-10 04:02:00 -
Pervasive Software Speeds Loan Processing, Improves Documentation ...
Forbes - ... leader in agile, embeddable data management and integration software, today announced IFG Mortgages, the leading mortgage ... PVSW) provides embeddable data management and integration software to help companies grow and extend the value of their data ...
2007-10-10 04:59:00 -
European Bank Stocks Drop, Led by HBOS; Philips, Kazakhmys Gain
Bloomberg - Oct. 10 (Bloomberg) -- European bank stocks fell, led by HBOS Plc and Bank of Ireland Plc, after Lehman Brothers Holdings Inc. said the companies will be hurt by slower growth in mortgage sales and increased funding costs. Royal Bank of Scotland ...
2007-10-10 04:16:00 -
Pervasive Software Speeds Loan Processing, Improves Documentation Control Management for Ireland's Leading Mortgage ... (PR Newswire via Yahoo! Finance)
Pervasive Software® Inc. , a global value leader in agile, embeddable data management and integration software, today announced IFG Mortgages, the leading mortgage broker network in Ireland, has implemented a Pervasive integration solution to link SaaS and on-premise applications.
2007-10-10 05:00:00 -
European Bank Stocks Drop, Led by HBOS; Cadbury Schweppes Gains (Bloomberg.com)
Oct. 10 (Bloomberg) -- European bank stocks fell, led by HBOS Plc and Bank of Ireland Plc, after Lehman Brothers Holdings Inc. said the companies will be hurt by lower growth in mortgage sales and increased funding costs.
2007-10-10 03:24:57 -
Mortgage lender accused (The Lewiston Sun Journal)
AUGUSTA (AP) - Maine's attorney general has filed a lawsuit against a South Portland mortgage lender charging the company and two employees with engaging in unfair and deceptive practices.
2007-10-10 02:09:49 -
European Bank Stocks Drop, Led by HBOS; Philips, Kazakhmys Gain (Bloomberg.com)
Oct. 10 (Bloomberg) -- European bank stocks fell, led by HBOS Plc and Bank of Ireland Plc, after Lehman Brothers Holdings Inc. said the companies will be hurt by slower growth in mortgage sales and increased funding costs.
2007-10-10 05:24:37 -
Thornburg Mortgage shares fall on loss estimate (Washington Post)
NEW YORK (Reuters) - Thornburg Mortgage Inc (TMA.N), a jumbo-mortgage lender pinched by the credit crisis, on Tuesday boosted its estimated loss from asset sales by 27 percent as trade data revealed lower prices.
2007-10-09 08:46:47 -
Hedge fund news puts Northern Rock on a roll
Times Online - Also on the back foot was the banking giant HBOS, 20.5p weaker at 934.5p, after a Lehman Brothers downgrade to "underweight" from "overweight", with the broker expressing doubts about the UK mortgage market. Elsewhere, SABMiller shares slipped back ...
2007-10-10 04:09:00 -
London shares lower midmorning; Experian drops post trading update
Forbes - ... on the back foot was banking giant HBOS, 17-1/2 pence weaker at 938, following a Lehman Brothers (nyse: LEH - news - people ) downgrade to 'underweight' from 'overweight', with the broker expressing doubts about the UK mortgage ...
2007-10-10 03:54:00 -
SCREEN PAYOFF FOR FRAUDSTER
New York Post - Belfort denied rumors he has tens of millions stashed away in the Cayman Islands and is secretly making more as a mortgage broker: "I make my money as a writer. Look, crime doesn't pay. What I did is still a huge burden that weighs on me. I live ...
2007-10-09 11:08:00 -
Court ruling will hit loan brokers (Daily Telegraph)
A MORTGAGE broker has been found guilty of unconscionable conduct for writing loans a borrower was unable to repay, in a landmark decision expected to have far-reaching implications for the broking industry.
2007-10-09 07:00:00 -
Things to Look Up to Have the Right Mortgage (Turks.US)
If you have applied for a mortgage and signing a contract has come along, do not rush into it and sign it right away. At this point of time, you need to allocate more attention and check the contract seriously and carefully.
2007-10-09 09:24:48 -
Broker snap: Lehman sees mortgage sector hit (ShareCast)
LONDON (SHARECAST) - HBOS tumbled into the red today on a Lehman Brothers downgrade to 'underweight' from 'overweight', with price target cut to 1,028p from 1,048p.
2007-10-10 02:07:18