Mortgage and Financial News From 2007-9-17 Page 5

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  • Why would anyone buy Northern Rock?

    BBC News - There is a lot of speculation now about Northern Rock, the beleaguered UK mortgage bank. That is not surprising, of course ... The material is for general information only and does not constitute investment, tax, legal or other form of advice. You ...
    2007-09-17 03:35:00

  • Call for crackdown on suspect home loans

    Sydney Morning Herald - Mr Tolar said borrowers were often unaware that mortgage advice was not regulated to the same extent as advice on superannuation or other investments. Under the proposed changes, mortgage brokers would be required to apply for an Australian Financial ...
    2007-09-17 12:21:00

  • The Banker Looks Back

    Wall Street Journal - His advice to American homeowners was not that they lock in a fixed-rate mortgage while the locking was good, but rather that they consider an adjustable-rate model. He who set the rates got it backward. An only child of divorced parents growing up in ...
    2007-09-17 04:53:00

  • The new bankers' hours include Sundays

    Globe and Mail - And branches are still the best place for customers to get advice-based products, and to multitask, CIBC said. "Whether our clients want to sit down and talk about a mortgage, set up an account for their child or get a mortgage or line of credit, the ...
    2007-09-17 05:22:00

  • 'Tighten laws on mortgage brokers'

    The Australian - He said the inquiry's recommendation for national regulation of mortgage brokers missed the point. "There is a need to look at providing education, information and advice to consumers, not more red tape," he said. He said independent financial advice ...
    2007-09-17 04:53:00

  • Mortgage belt advice blow

    News.com.au - A FEDERAL inquiry has rejected the need to provide free financial advice to struggling home buyers. Lack of financial literacy was identified as a contributing factor to Australia's housing crisis in a key submission by the Housing Industry ...
    2007-09-17 01:11:00

  • Advice on how to avoid foreclosure (Bay News 9 Tampa Bay)

    HILLSBOROUGH COUNTY (Bay News 9) -- As the number of foreclosures in Florida rises, Congresswoman Kathy Castor says help for avoiding foreclosure may be closer than some people might think.
    2007-09-17 02:26:22

  • In-Depth Report Gives You Access to Consumer Data to Help You Understand the Switching Behaviour of Mortgage Customers (Business Wire via Yahoo! Finance)

    DUBLIN, Ireland----Research and Markets has announced the addition of "Customer Acquisition and Retention Strategies in the UK Mortgage Market" to their offering.
    2007-09-17 06:16:00

  • UPDATE: Greenspan Says Tried But Failed To Raise U.S. Mortgage Rates (The Forex Market)

    WASHINGTON (Dow Jones) -- Former Federal Reserve Board chairman Alan Greenspan says he tried to raise mortgage rates to head off a housing bubble, but the effort came to naught because of "global forces" that had the effect of keeping long-term interest rates low.
    2007-09-17 01:59:54

  • Salesforce.com Hits New Milestone in On Demand Announcing 700th ...

    Forbes - The AppExchange financial services category features more than 30 financial services solutions spanning the brokerage, capital markets, insurance, mortgage, retail banking and wealth management industries. Financial services partners live on the ...
    2007-09-17 05:12:00

  • Housing News Is A Little Good, A Little Bad

    WKRC - T he report by the PMI Mortgage Insurance Company also finds if you're looking to buy a house in our area ... there's a 92 percent chance the property value will not go down over the next two years. C ompare that to Boston where there's a 50 percent ...
    2007-09-17 02:16:00

  • Gregoire panel tackles mortgage woes

    Spokane Spokesman-Review - In many of the mortgages, property tax and homeowners’ insurance aren’t included with the mortgage payment, as they are in most traditional mortgages. "It’s like when you buy a car. You’ve got insurance that goes along with it, you’ve got to ...
    2007-09-17 01:40:00

  • Viking Global Sells Its Entire Stake of LandAmerica (Update1)

    Bloomberg - The insurer said Aug. 28 it will cut 1,100 jobs, about 8 percent of its workforce, by yearend to reduce costs as mortgage originations decline. Title insurance, which protects homebuyers from claims against their ownership of a property, is required ...
    2007-09-17 02:52:00

  • Webster Bank Appoints Two to Regional President Posts

    Forbes - With $16.9 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 177 banking offices, 337 ATMs, telephone banking and the Internet. Webster Bank owns the ...
    2007-09-17 06:59:00

  • Merck Sued for Medicaid Fraud

    Chicago Tribune - NEW YORK - The state and city sued Merck & Co. Inc. on Monday, accusing the drugmaker of defrauding Medicaid and other government insurance programs by hiding the risks of heart problems associated with its pain medication Vioxx. The lawsuit, filed ...
    2007-09-17 05:01:00

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