Mortgage and Financial News From 2007-8-21 Page 18

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• UPI NewsTrack Business (UPI)

  U.S. stocks close up on Fed role thoughts ... Capital One to shutter GreenPoint Mortgage ... SEC charges Sentinel Management with fraud ... Computer shuts Wells Fargo transactions ... News from United Press International
  2007-08-21 01:44:41

• Business of Law

  Daily Business Review - Miller of Paul Hastings said one "emerging" type of case is being filed by institutional investors who purchased mortgage-backed securities against companies packaging the loans. In Bankers Life Insurance Company v. Credit Suisse First Boston, 07-cv ...
  2007-08-21 05:42:00

• EU inquiry deadline for Merrill Lynch, Abbey National Mortgage Loans ...

  Forbes - The venture will focus on the provision of non-conforming mortgage loans in the UK and the intermediation of insurance related products for these loans. simon.zekaria@thomson.com sz/lam COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The ...
  2007-08-20 11:19:00

• Attempted murder charge for woman accused of poisoning husband

  Philadelphia Inquirer - ... business and dealing with the couple's three children. The couple's Lumberton home and a farm they own in Monroe, Pa., are both in foreclosure proceedings, county authorities said. However, the husband's life insurance policy and mortgage insurance ...
  2007-08-20 11:08:00

• PMI Provides Updated Portfolio Characteristics - Quick Facts [PMI]

  RTT News - 8/20/2007 9:03:17 PM Monday, The PMI Group, Inc. (PMI) posted a presentation outlining the characteristics of the company's mortgage insurance portfolio in the United States on its website at http://www.pmigroup.com/shareholders/. General ...
  2007-08-21 12:48:00

• 40|86 Advisors, Inc. Appoints James B. Kearns as Vice President of ...

  Forbes - Previously, he was a Vice President of Commercial Mortgage Origination at New York Life Insurance. Mr. Kearns began his career as an investment analyst after receiving his B.B.A. from St. Mary's University in 1979. About 40|86 Advisors 40|86 ...
  2007-08-20 02:32:00

• Mortgage stress as Reserve Bank meets to consider rates rise

  Australian Broadcasting Corp. - ELEANOR HALL: As the board of the Reserve Bank meets today to consider raising interest rates, there's evidence of growing stress in Australia's mortgage belt. Australia's insurance regulator has revealed that mortgage insurance claims have risen a ...
  2007-08-20 10:11:00

• Marsh: Many claims loom in subprime crisis

  Boston Globe - NEW YORK -- Marsh Inc., the world's largest insurance broker and risk adviser, yesterday warned financial institutions they may face more claims as a result of the subprime mortgage crisis. Marsh, a unit of Marsh & McLennan Cos., said insurers, banks ...
  2007-08-21 07:07:00

• PMI Group Reveals Portfolio Characteristics Of Its Mortgage Insurance ...

  RTT News - 8/20/2007 9:49:18 PM Monday evening, PMI Group, Inc. (PMI), a provider of residential mortgage insurance and credit enhancement products, revealed that provided an update of the characteristics of its mortgage insurance portfolio and added that it ...
  2007-08-21 12:48:00

• How to handle mortgage meltdown (The Nashua Telegraph)

  The mortgage meltdown hit consumers square in the face last week. ...
  2007-08-21 04:18:41

• Subprime crisis may spark D&O insurance claims, Marsh says (MENAFN)

  Subprime crisis may spark D&O insurance claims, Marsh says
  2007-08-21 07:08:39

• Some Harris County homeowners may now need flood insurance (ABC 13 Texas)

  Some of you may be getting an unwelcome surprise from your mortgage company. Hundreds of home owners are being told they must now have flood insurance.
  2007-08-20 10:36:09

• Demand up for low-down-payment loan insurance -PMI (Reuters via Yahoo! Asia News)

  LOS ANGELES, Aug 20 (Reuters) - The PMI Group Inc , a provider of residential mortgage insurance, said on Monday it was seeing increased demand for insurance for loans with a loan-to-value above 95 percent.
  2007-08-21 01:08:52

• Subprime crisis may spark D&O insurance claims, Marsh says (Market Watch)

  SAN FRANCISCO (MarketWatch) -- The subprime mortgage crisis may generate more claims on so-called directors and officers insurance policies and similar coverage, according to one of the world's largest insurance brokers.
  2007-08-20 10:49:37

• Local mortgage shoppers find it's not so easy

  Atlantic City Press - Problems in the market for subprime loans, or loans made to people with shaky credit that carry higher interest rates ... and Insurance commissioner has ordered seven mortgage lenders to stop accepting loans here, including American Home Mortgage. ...
  2007-08-21 07:07:00

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