Mortgage and Financial News From 2008-1-20

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  • Clemson student's kidney transplant 'nothing short of a miracle' - Anderson Independent Mail (subscription)

    Clemson student's kidney transplant 'nothing short of a miracle'Anderson Independent Mail (subscription), SC - 1 hour ago“It is nothing short of a miracle,” said the 27-year-old accounting major’s uncle, mortgage broker Lowell Macher of Anderson, speaking immediately after the ...
    2008-01-20 12:25:47

  • An invisible crisis - Business Spectator

    An invisible crisisBusiness Spectator, Australia - 1 hour ago... US sub-prime mortgage market. Friday's downgrade of Ambac's all-important insurance financial strength rating to double-A from triple-A by Fitch Ratings ...
    2008-01-20 12:27:07

  • D&O leads commercial rate plunge: RIMS survey (Business Insurance)

    NEW YORK—Directors and officers liability premium prices dropped substantially during the fourth quarter of 2007—more so than any other commercial line of coverage, according to a survey of U.S. risk managers released last week.
    2008-01-20 10:27:15

  • Zurich executive honored as Insurance Leader of the Year (Business Insurance)

    NEW YORK—James J. Schiro says he had no idea what he was getting into when he decided to join Zurich Financial Services Group more than five years ago, but his success in transforming the once-troubled company has drawn accolades from admirers inside and outside the insurance industry.
    2008-01-20 10:27:45

  • Easier investment rules for insurance cos likely (Business Standard India)

    The investment in gilt funds may go up from 5% to 10-15%. Insurance companies are all set to get the freedom to invest more in the equity and debt markets following a comprehensive overhaul of the investment regulation norms.
    2008-01-20 10:57:49

  • Stop! Thief! (Bayinsider)

    IN RETROSPECT, Linda Foley wishes she turned down that job offer. Just four months after taking an advertising-sales position in June 1997, Foley discovered that her new boss had stolen her identity and racked up big debts in her name. She spent the next several years trying to undo the damage.
    2008-01-20 10:58:30

  • Join the army, get your ID pinched - MoD laptop goes AWOL (The Register)

    Ten years supply of applicants swiped from car Personal details of the 600,000 people who have applied to join the armed forces over the last ten years were stolen with an MoD laptop earlier this month, it was admitted late on Friday. The computer was stolen from the car of a junior naval officer, which was parked outside his house overnight in Edgbaston, Birmingham.…
    2008-01-20 12:07:48

  • The GOP Fight Comes Down to Florida (Time Magazine)

    The South Carolina Republican primary has always been the Mother Superior of nominating contests, bringing order to the process, and rapping the knuckles of the rowdies, so that the rest of the calendar looks more like a coronation than a campaign.
    2008-01-20 12:17:21

  • Clemson student's kidney transplant 'nothing short of a miracle' (Anderson Independent-Mail)

    Clemson student's kidney transplant 'nothing short of a miracle'
    2008-01-20 12:27:34

  • Mortgage insurance may be tax break

    Register-Guard - Mortgage insurance is required by government and private lenders on home purchases in which the buyer makes a down payment of less than 20 percent. Often, these are first-time buyers or people with lower incomes. The insurance protects the lender if ...
    2008-01-20 11:45:00

  • Countrywide sale allays fears

    Fort Lauderdale Sun-Sentinel - Barney Frank, D-Mass., the powerful chairman of the House Financial Services Committee, who has been pressing for tighter regulation of mortgage lenders in the wake of soaring home-loan defaults. Frank said in a statement he has been "encouraged by ...
    2008-01-20 07:42:00

  • Investors fear spread of contagion to credit card debt

    International Herald Tribune - Mortgage delinquency rates mainly reflected poor underwriting by lenders as the economy was still going strong during the time the risky loans were being made, he said. Still, there are trouble signs. Recent profit warnings from American Express and ...
    2008-01-20 11:02:00

  • FDR's answer to loan mess would prove useful today - San Diego Union Tribune

    FDR's answer to loan mess would prove useful todaySan Diego Union Tribune, United States - 4 hours agoDave McDonald, president of the San Diego chapter of the California Association of Mortgage Brokers, agreed. “The Federal Reserve is tightening up the ...
    2008-01-20 08:12:10

  • Post Finance Columnist Fawns over Hillary Clinton - Business Media Institute

    Post Finance Columnist Fawns over Hillary ClintonBusiness Media Institute, VA - 45 minutes agoIn fact, lenders and related companies were blamed for borrowers’ debt troubles six times as often as borrowers. Clinton’s idea to have responsible ...
    2008-01-20 12:18:59

  • Grants, Financial Aid, Assistance and Help Available for Home ... - PR.com (press release)

    Grants, Financial Aid, Assistance and Help Available for Home ...PR.com (press release), NY - 19 minutes agoThe FFAC can help with correspondence with your mortgage or lender, understanding the foreclosure process and how to avoid or delay the process and protect ...
    2008-01-20 12:44:17

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