Mortgage and Financial News From 2007-8-29 Page 7
Previous Day: 2007-08-28
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Fitch Sees Minimal Subprime Mortgage Exposure for U.S. Property ...
Forbes - The U.S. property casualty insurance industry's risk from various subprime mortgage exposures is minimal based on Fitch Ratings' analysis of statutory filings for the entire industry and GAAP statements for the largest public companies. Consequently ...
2007-08-29 04:38:00 -
SKorea Companies See Business Improving (AP via Yahoo! Finance)
Major South Korean companies expect business conditions to continue to improve in September despite global credit worries, with both exports and domestic consumption increasing, according to a business survey index released Wednesday.
2007-08-29 04:29:46 -
Analysts see clear sailing for shipping companies (International Herald Tribune)
Record prices for hauling coal and bulk commodities are benefiting companies like Navios Maritime Holdings, Genco Shipping & Trading and DryShips.
2007-08-29 05:16:50 -
The PMI Group, Inc. Comments on Fitch Revisions to U.S. Mortgage Insurance Capital Model and Ratings Actions (PR Newswire via Yahoo! Finance)
The PMI Group, Inc. announced today that consistent with its revisions of its capital model for U.S. mortgage insurance companies, Fitch Ratings has changed the insurer financial strength ratings for PMI Mortgage Insurance Co. and PMI Guaranty Co. to AA from AA+.
2007-08-29 03:46:00 -
Fitch Sees Minimal Subprime Mortgage Exposure for U.S. Property Casualty Insurers (Business Wire via Yahoo! Finance)
CHICAGO----The U.S. property casualty insurance industry's risk from various subprime mortgage exposures is minimal based on Fitch Ratings' analysis of statutory filings for the entire industry and GAAP statements for the largest public companies.
2007-08-29 04:36:00 -
Mortgage-lender woes (Westminster Community Times)
During the recent housing boom and historically low interest rates, banks and mortgage companies made thousands of new loans worth millions of dollars in interest alone.
2007-08-29 02:16:11 -
The PMI Group, Inc. Comments on Fitch Revisions to U.S. Mortgage Insurance Capital Model and Ratings Actions (FinanzNachrichten)
WALNUT CREEK, Calif., Aug. 29 /PRNewswire-FirstCall/ -- The PMI Group, Inc. announced today that consistent with its revisions of its capital model for U.S. mortgage insurance companies, Fitch Ratings (Fitch) has changed the insurer financial strength ratings for PMI Mortgage Insurance Co. (
2007-08-29 03:57:56 -
Sakana offers home financing for Abraj Al Lulu
AME Info - ... nationals, expatriate residents of Bahrain and non-resident international buyers - all of whom can apply for a Sakana mortgage ... Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those ...
2007-08-29 11:44:00 -
Surviving the "Mortgage Meltdown"
Capital News 9 - Cook, one of the many victims of the so-called "sub-prime mortgage" meltdown, leading to thousands of foreclosures across the ... And, don't be afraid to ask for advice from a local organization no matter what your situation. Rather than ask for help ...
2007-08-28 12:54:00 -
Credit crunch bites bank's low-doc loans
The Australian - Mortgage managers say they received verbal advice of rises of between 50 and 75 basis points though those contacted by this newsletter were yet to see written advice as of late yesterday," it said. Meanwhile, boutique fund manager Absolute Capital ...
2007-08-29 02:50:00 -
Adjusting life to adjustable mortgages
Bridgeton News - ... emergency savings they had and soon can't afford the mortgage and other monthly bills on Jane's salary alone. They start to fall behind on their payments just as their adjustable rate adjusts and their payment doubles. I don't have any advice for these ...
2007-08-29 11:59:00 -
Remortgage with Ocean Finance
MyFinances.co.uk - ... it with one manageable monthly payment. To raise extra money for overdue home improvements or a special occasion. Ocean offer a complete re-mortgage service, providing you with free quotes and no obligation advice from your own qualified mortgage ...
2007-08-29 09:00:00 -
Real estate market is about to tighten even as house prices are set to ...
Lockhaven Express - My advice? ... I always recommend that you sit down with a mortgage consultant and pursue a pre-approval process,†Seman said. “There’s no obligation, and you might have a clearer picture of our financial situation. Section: Business Posted ...
2007-08-29 03:41:00 -
The Man Who Saw It Coming
Wall Street Journal - "Investors should sell all exposure to the American mortgage securities market," advised Greed & Fear, a weekly note to clients from stock strategist Christopher Wood. Pretty conventional advice these days? Yes. But this warning from Mr. Wood was ...
2007-08-29 12:13:00 -
Surviving the "Mortgage Meltdown" (Capital News 9)
Over the past month or so - you've probably heard plenty about how many homeowners are facing foreclosure. It comes as predatory practices in the loan industry come to light. But it may not just be something you've heard about - it may be something you've experienced first-hand. Our Steve Ference reports on one of a number of groups working to help aspiring homeowners make the right decisions - ...
2007-08-29 04:22:42
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