Mortgage and Financial News From 2007-11-9 Page 19

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  • SaveForHouse.com Site Launch: How To Save Money for a Mortgage Loan Down Payment (PRWeb via Yahoo! News)

    SaveForHouse.com is the newest site on the Internet focusing on ways to save money for a mortgage loan down payment.
    2007-11-08 11:01:00

  • Allianz Insures Against Losses

    Forbes - LONDON - A tax gain and strong performance at some of its insurance divisions saved Germany's Allianz not only from a net ... financial institutions, but has proved to be somewhat of a millstone, especially since the crisis in the U.S. mortgage ...
    2007-11-09 07:05:00

  • Profit drops at Fortis, while BNP Paribas gains

    International Herald Tribune - Claims from flooding in July and the debt-market slump stemming from U.S. subprime mortgage defaults hurt earnings at the insurance division, which will account for about a third of the total, Fortis said. Net income at Fortis, the biggest Belgian ...
    2007-11-08 10:16:00

  • F.N.B. Corporation Expands Central Pennsylvania Presence

    Forbes - The bank operates 64 community offices and drive-thru operations in 13 counties, and operates affiliates Bank Capital Leasing, Omega Bank Wealth Management, Mid Penn Insurance, and Omega Financial Mortgage Solutions. Omega Bank has been named to US ...
    2007-11-09 05:18:00

  • Ahead of the Bell: Ambac Financial Group

    MSN MoneyCentral - At issue is insurance on collateralized debt obligations, or CDOs. They are complex instruments that combine slices of different kinds of risk, including parts of mortgage-backed bonds in many cases. The collapse of the subprime mortgage market in ...
    2007-11-09 07:20:00

  • Canada's AIC Sells 13 Percent Stake in Mortgage Insurer Radian

    Bloomberg - Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology ... Canada's AIC Sells 13 Percent Stake in Mortgage Insurer Radian By Josh P. Hamilton Nov. 8 (Bloomberg) -- AIC Ltd., the ...
    2007-11-08 02:37:00

  • Arizona Leads Muni Borrowers as Miami, Puerto Rico Shelve Sales

    Bloomberg - Government Development Bank of Puerto Rico officials cited ``market volatility and uncertainty caused by the insurance companies situation in general and issues related to'' subprime- mortgage losses, Maria Rosario, spokeswoman for the U.S ...
    2007-11-09 04:28:00

  • Court challenge over PPI loan insurance

    Reuters UK - A "high percentage" of the cases involve PPI sold by Lloyds TSB and its Black Horse subsidiary, which Sultan said had been "prolific" in selling the loan insurance. The policies are designed to cover the repayment of loan, credit card or mortgage debt ...
    2007-11-09 05:39:00

  • Palm Beach Realty Advisors, Inc. Hosts 1st Annual Veteran's Day ...

    Forbes - The Program is designed for first time home buyers and includes 100% financing with no mortgage insurance, for those who qualify. Additional information on the Open House Event and The American Dream Financing Program will be available at every open ...
    2007-11-09 07:20:00

  • Subprime second-mortgage downpayments vanishing

    Cincinnati Enquirer - ... according to a trade publication's survey last month of more than 1,000 mortgage bankers and brokers. Typically, homebuyers who couldn't come up with 20 percent of the purchase price for a cash downpayment were required to buy mortgage insurance to ...
    2007-11-09 07:48:00

  • Allianz Net Rises as Insurance Cushions Banking Loss (Update3)

    Bloomberg - It recorded $864 million in losses on investments before taxes, marked down other holdings by $3.39 billion, and said its mortgage insurance unit United Guaranty Corp had an operating loss of $216 million, compared with a profit a year earlier ...
    2007-11-09 02:55:00

  • Court challenge over loan insurance (Reuters.co.uk)

    LONDON (Reuters) - One of Britain's largest claims companies is poised to take a handful of lenders to court over alleged mis-selling of payment protection insurance (PPI).
    2007-11-09 05:24:55

  • Court challenge over PPI loan insurance (Reuters via Yahoo! UK & Ireland News)

    One of the country's largest claims companies is poised to take a handful of lenders to court over alleged mis-selling of payment protection insurance (PPI).
    2007-11-09 05:44:00

  • Allianz Net Rises as Insurance Cushions Banking Loss (Update1) (Bloomberg.com)

    Nov. 9 (Bloomberg) -- Allianz SE, Europe's biggest insurer, reported a 21 percent increase in third-quarter profit, beating analysts' estimates, as lower taxes and earnings from insurance cushioned losses at its Dresdner Bank unit.
    2007-11-08 11:30:39

  • Allianz Net Rises as Insurance Cushions Banking Loss (Update2) (Bloomberg.com)

    Nov. 9 (Bloomberg) -- Allianz SE, Europe's biggest insurer, reported a 21 percent increase in third-quarter profit, beating analysts' estimates, as lower taxes and earnings from insurance cushioned losses at Dresdner Bank.
    2007-11-09 12:43:51

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