Mortgage and Financial News From 2008-3-1 Page 11

RSS Feed

Previous Day: 2008-02-29

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

  • LIC Housing to combine reverse mortgage with insurance plan

    Economic Times - MUMBAI: LIC Housing Finance is looking to combine its reverse mortgage plan with a whole-life annuity provided by a life insurer. This will allow home owners to use their property to generate income for life as against for only 15 years as provided ...
    2008-02-28 03:24:00

  • Insurer AIG Posts $5.3B Loss in 4Q

    Forbes - The division's mortgage insurance business, United Guaranty, posted a steep loss because flagging home prices have squashed the incentive and means for borrowers to repay home loans.
    2008-02-29 01:39:00

  • AIG Drops on Biggest Loss in Firm's 89-Year History (Update1)

    Bloomberg - Mortgage Insurance Excluding capital losses and the change in value of some derivatives, the company's loss was $1.25 a share, missing the 69-cent-profit average estimate of 17 analysts surveyed by Bloomberg.
    2008-02-29 02:29:00

  • Old rates, new slabs, great savings! (The Hindu)

    From April 1, 2008, your annual income up to Rs 1,50,000 will now be exempt from tax, way up from the existing limit of Rs 1,10,000. If you earn anywhere between Rs 1.5 lakh to Rs 3 lakh, you will need to pay only 10 per cent of your earnings as taxes.
    2008-03-01 10:33:21

  • Everybody loves Chidambaram (Business Standard India)

    The Union Budget 2008-09 will leave more money in every pocket. In his Budget speech, when Finance Minister P Chidambaram doled out a bonanza to four crore farmers by announcing a loan waiver of Rs 60,000 crore, a lot of urban Indians would have felt the jitters. Where would he get the money from?
    2008-03-01 10:42:54

  • Story Comments (Business Standard India)

    May close branches, bank relocates ATMs. The sub-prime loss-hit Citigroup is on a cost-cutting exercise in its Indian operations. CitiFinancial, its consumer finance unit, which is also reeling under the burden of rising bad loans, is considering closing about 100 of its 450 branches in India.
    2008-03-01 10:57:13

  • Lenox unfazed by slow economy (Norwalk Advocate)

    It's a simple equation for Tom Henske: Volatile markets equal better business for his firm.
    2008-03-01 11:15:29

  • Where Hillary Clinton and Barack Obama stand on 4 key consumer issues (Austin American-Statesman)

    Last week, we took a look at where the Republican candidates for president stand on the key consumer issues of health care, mortgage problems, Social Security and retirement and taxes.
    2008-03-01 11:36:31

  • Freddie Mac Posts Wider Q4 Loss; Sees Further Credit Losses In FY08 ...

    RTT News - 2/28/2008 12:27:39 PM Freddie Mac (FRE), a provider of funds to mortgage lenders, on Thursday reported a wider net loss for the fourth quarter, owing mainly to mark-to-market losses. Giving a pessimistic outlook, Freddie Mac said if the economy ...
    2008-02-28 09:26:00

  • Fannie and Freddie smile through crisis

    CNN Money - Fannie and Freddie smile through crisis Even as the private sector flees the mortgage market, the two money-losing government-backed lenders will take on more risky debt.
    2008-02-28 10:59:00

  • Buffalo sues lenders over abandoned houses in foreclosure

    Buffalo News - Buffalo has filed suit to have banks responsible for abandoned houses, like 1215 Fillmore Ave., pay for the demolition. Buffalo is taking fresh aim at the mortgage industry to force companies to take responsibility for abandoned properties after the ...
    2008-03-01 05:34:00

  • W. Va. Bill May Help Avoid Foreclosures

    Forbes - Representatives of the Virginia Mortgage Lenders Association, the Virginia Bankers Association and the Virginia Association of Realtors also spoke in favor of the bill, which Democratic Sen.
    2008-02-28 07:38:00

  • Fidelity National sells Certegy Gaming

    CNN Money - ... cashing services. The deal, which is expected to close in late March or early April, is expected to be neutral to Fidelity's fiscal 2008 earnings per share. Fidelity National provides processing services for financial institutions, mortgage lenders and ...
    2008-02-28 08:28:00

  • Fannie Mae paid lobbyist $200,000

    MSN MoneyCentral - The proposal would have tightened controls over the mortgage lenders following recent multibillion-dollar accounting scandals at both companies.
    2008-02-28 12:32:00

  • Activists Bare Teeth Over Foreclosures

    Forbes - In 2002, the group began going after lenders, servicers and mortgage brokers. At one protest outside a branch of Charter One Financial Inc., a police officer confronted an ESOP volunteer in a shark suit.
    2008-03-01 09:45:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40