Mortgage and Financial News From 2007-10-15 Page 6

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• Nomura to quit US mortgage market (FT.com via Yahoo! News)

  Nomura Securities, Japan's largest broker, said it would withdraw from the US residential mortgage-backed securities market and slash its US fixed-income operations as part of a broad restructuring of its US business.
  2007-10-15 02:15:16

• How a Bed-Ridden Maryland Mortgage Broker Effortlessly Raked in $48,291.33 in Fees! - Without Leaving His Hospital Bed! (PR Newswire via Yahoo! Finance)

  With the credit markets undergoing a "meltdown," banks in the United Kingdom collapsing under $4 BILLION "runs" - the Fed and the European Central Bank pumping in HUNDREDS OF BILLIONS of dollars to shore-up "catastrophically weak" economies - all the panic and hysteria of the so-called "credit crunch" has not prevented 1 mortgage broker from leveraging the secret knowledge of outspoken and ...
  2007-10-15 04:55:00

• Brokers Still Broken

  Barron's Online - Adding insult to injury was a class action lawsuit filed last week against the company over its subprime mortgage exposure. If ... us at online.editors@barrons.com . We'll cover as many as we can, but please remember that we cannot give investment advice.
  2007-10-15 03:37:00

• Answer Desk: Is now the time to buy a house?

  MSNBC - Is this a good time to buy a house? Also: How do I know if my 'credit counselor' is giving me good advice? ... If you think the lender or mortgage broker isn’t giving complete answers, go find another one. Good lenders are always ...
  2007-10-13 05:56:00

• Mortgage rejections up 60%

  MyFinances.co.uk - Bank Loans See Loan Arrangers for bank loans. We access all the major UK lenders so can find you the best deal on a bank loan. Iva Advice Free IVA Advice & Help. Take positive action for a debt free life. Talk to 123 Debt Solutions 'More thought ...
  2007-10-15 05:07:00

• Tracking the middle class' missing cash

  MSNBC - Among her own clients, Freiburger says, private school tuition, ever-increasing adjustable rate mortgage payments and ... She offers these bits of advice: Lack of retirement savings should be a special concern because “anyone of us who is not ...
  2007-10-15 08:28:00

• Schwab Institutional Introduces Healthcare and Benefits Assistance for ...

  Forbes - ... investment services and products including an extensive selection of mutual funds; financial planning and investment advice ... The Charles Schwab Bank, N.A. (member FDIC) provides banking and mortgage services and products. CyberTrader(R), Inc. (member ...
  2007-10-15 09:04:00

• Investors cash in on golden age

  News.com.au - The advice is to get rich slowly (with minimal risk) in these good times while having something put away for leaner times ... If you have a large mortgage, then increase your repayments by the same amount to reduce your principal and pay off your ...
  2007-10-15 03:52:00

• Grandich Letter Special Alert: Man Your Battle Stations (Kitco.com)

  "Good advice is always certain to be ignored, but that’s no reason not to give it." - Agatha Christie
  2007-10-15 01:13:23

• Housing Price Decline Expected To Stretch (WCVB Boston)

  U.S. housing prices will continue to decline at least through the end of next year and may not begin creeping upward again until 2010, executives from the nation's biggest mortgage financiers said Monday.
  2007-10-15 03:46:52

• Mortgage knock-back for thousands as new rates begin to bite (The Scotsman)

  HUNDREDS of thousands of would-be borrowers have had their mortgage applications knocked back in the last six months as interest rate rises start to bite, according to new research.
  2007-10-15 04:17:02

• Guardian Mortgage Documents and Communication Intelligence

  MSN MoneyCentral - We have a solid foundation in the insurance, banking and lending industries and U.S. legislation has added more legitimacy to the acceleration of electronic signatures within the mortgage arena," said Guido DiGregorio, chairman and CEO of CIC ...
  2007-10-15 05:57:00

• Fitch Affirms CUNA Mutual's IFS at 'AA-'; Outlook Stable

  Forbes - Fitch Ratings today affirmed the 'AA-' insurer financial strength (IFS) ratings of the CUNA Mutual Insurance Society (CMIS ... position has benefited from retained statutory earnings, improving investment results and the sale of the company's mortgage ...
  2007-10-15 03:52:00

• Mortgage executives say U.S. housing price decline expected to stretch ...

  International Herald Tribune - ... least through the end of next year and may not begin creeping upward again until 2010, executives from the biggest mortgage ... The Federal Deposit Insurance Corp. estimates 2.5 million mortgages made to borrowers with weak credit will reset at sharply ...
  2007-10-15 02:47:00

• How you can cope with ‘middle-class crunch’

  MSNBC - And yet, once they have paid the mortgage, the car payments, the taxes, the health insurance, and the day-care bills, today’s dual-income families have less discretionary income — and less money to put away for a rainy day — than the single ...
  2007-10-15 02:18:00

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