Mortgage and Financial News From 2007-9-17 Page 4

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  • Asian financials nosedive ahead of U.S. broker earnings

    FXStreet.com - - E*Trade is warning its investors that profits will come in 31% below estimates and that it is exiting the wholesale mortgage business and "streamlining" its direct mortgage operation due to the "disturbance in the credit markets." Asian financials ...
    2007-09-17 08:14:00

  • E-Trade Financial to restructure mortgage operations, trading on ...

    International Herald Tribune - ... E-Trade Financial Corp. on Monday slashed forecasts for 2007 profit as the discount brokerage exited the wholesale mortgage ... E-Trade — this year's worst performer in the Amex Securities Broker-Dealer Index — dropped 84 cents, or 5.9 percent, to ...
    2007-09-17 04:46:00

  • Cutbacks Crack E*Trade

    Street.Com - E*Trade Financial ( ETFC - Cramer's Take - Stockpickr ) slumped 10% late Monday after the online broker slashed its earnings guidance and became the latest company to drop out of the wholesale mortgage business. E*Trade said in a release after the ...
    2007-09-17 02:30:00

  • Austinite named president of state mortgage broker association

    Austin Business Journal - A local mortgage industry executive has been named president of the Texas Association of Mortgage Brokers . Edmund Buckley III, president of 360 Mortgage Group in Austin, was named president for the upcoming year at TAMB's 2007 convention, which took ...
    2007-09-17 10:55:00

  • Brandon mortgage broker has court appearance Monday

    WDAM-TV - JACKSON, Miss. (AP) - The FBI says an initial court appearance is scheduled Monday before Magistrate Judge Linda R. Anderson in U.S. District Court for a Brandon mortgage broker. The FBI said in a news release Friday that it together with other law ...
    2007-09-17 02:45:00

  • E-Trade exits wholesale-mortgage business (Market Watch)

    SAN FRANCISCO (MarketWatch) -- On the eve of much-anticipated earnings reports from some of the biggest bankers in the country, discount broker E-Trade Financial Corp. said that it planned to exit the wholesale-mortgage business and also lowered its profit expectations more than 25% for the year.
    2007-09-17 03:33:44

  • E*Trade Cuts Earnings Estimate 25% on Mortgage Losses (Update3) (Bloomberg.com)

    Sept. 17 (Bloomberg) -- E*Trade Financial Corp., this year's worst performer in the Amex Securities Broker-Dealer Index, cut its 2007 profit forecast by at least 25 percent because of bad home loans and said it will quit the wholesale mortgage business.
    2007-09-17 04:04:23

  • Austinite named president of state mortgage broker association (BizJournals)

    A local mortgage industry executive has been named president of the Texas Association of Mortgage Brokers.
    2007-09-17 11:35:19

  • Brandon Mortgage Broker To Appear In Court (WAPT Jackson)

    The FBI says an initial court appearance is scheduled Monday before Magistrate Judge Linda R. Anderson in U.S. District Court for a Brandon mortgage broker.
    2007-09-17 06:57:56

  • Brandon mortgage broker to appear in court (The Clarion-Ledger)

    The FBI says an initial court appearance is scheduled today before Magistrate Judge Linda R. Anderson in U.S. District Court for a Brandon mortgage broker.
    2007-09-17 06:55:54

  • Poll surge puts PM back in race

    News.com.au - The shredding of the documents was done on legal advice because the Heiner Inquiry set up by the National government was not ... Do you seriously trust Wayne Swan to manage your mortgage, the labour market and inflation? Swan's only real job was 4 years ...
    2007-09-17 06:34:00

  • Fast food Mortgages...

    Southeast Missourian - In short, he was informed and was able to make the decision that best suited him. As a result, everyone wins. Next week, I'm going to discuss "advice over price" and the benefits of strategic mortgage planning. Have a great week! Regards, Spence ...
    2007-09-17 11:24:00

  • Non-profit helps consumers with foreclosures in Houston

    KTRK - Even those who do not qualify for aid can benefit from one piece of advice when they start having problems making mortgage payments. "Many times a person, simply by getting on the phone, can get pretty decent relief for a situation just by explaining ...
    2007-09-17 02:59:00

  • Tumbling Mortgage Rates resulting to tight market situation

    Best Syndication - Mortgage rates tumbled, as short-term mortgage rates shot up higher sending the share of variable rate applications tumbling. ... Syndication is for informational purposes only and is not meant to be advice. You should always seek professional advice ...
    2007-09-17 01:11:00

  • Will endowments get the green light?

    Daily Telegraph - The basic objective of such redress is to put the complainant, so far as possible, in the position he would have been in if the inappropriate advice had not been given. Most policyholders will have moved to a capital repayment mortgage and will have ...
    2007-09-17 09:22:00

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