Mortgage and Financial News From 2008-2-28 Page 12

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    Mississippi Business Journal - Starting July 1, 2008, the DBCF will begin requiring all companies holding a mortgage broker license, mortgage lender license, mortgage company branch license and/or all individuals holding a loan originator registration to begin the process of ...
    2008-02-28 07:02:00

  • Experts say Swain sees smaller mortgage splash

    Smoky Mountain Times - Our market is primarily second homes," said broker associate Mark Ciociola of Century 21 Treyburn Realty. "Vacation properties are the bulk of our business," said mortgage broker Denny Trousdale with Mortgage Makers Inc.
    2008-02-28 05:37:00

  • Offset Mortgage Centre Reports on the Benefits of Flexible Tracker ...

    WebWire - Finally the article highlights the importance of consulting an independent mortgage broker, as Flexible Tracker Mortgages are not suitable for everyone.
    2008-02-28 09:54:00

  • Obama's Web site full of specifics

    Rocky Mountain News - If the middle class spends too much on the credit card, he will punish credit card companies. If the middle class doesn't pay its mortgage, he will punish the lender.
    2008-02-28 08:57:00

  • Analysis: Bernanke Quick Political Study

    Philadelphia Inquirer - ... said the Fed was pushing ahead with new regulations to protect against abuses in credit cards and mortgage lending and announced a new initiative to put forward rules to clamp down on unfair and deceptive practices by some credit-card companies.
    2008-02-28 01:40:00

  • Mortgage interest rates go up again

    New Zealand Herald - ... is tightening the squeeze on New Zealand households, with the country's largest bank, ANZ National, raising key mortgage ... It is believed these two offers will force even more finance companies, which offer similar rates but with a far higher level ...
    2008-02-28 08:35:00

  • M&S rises amid rumours of Brandes stake-building

    Financial Times - London's turnround was prompted by a rally on Wall Street, which followed news that investment caps had been lifted on two large mortgage finance companies.
    2008-02-28 03:06:00

  • TREASURIES-Prices climb as investors put safety first

    Reuters South Africa - Some optimism for the housing sector had crept into the market on Wednesday after the U.S. government lifted the limits determining how much the two largest mortgage finance companies can invest in home loans.
    2008-02-28 06:34:00

  • New Home Sales Drop Again

    Newsday - Analysts believe that housing activity has further to fall as a tidal wave of mortgage foreclosures is dumping more unsold ... Business Beat AP Business AP Investing Executive Pay Top Companies Print Edition
    2008-02-28 02:52:00

  • US STOCKS-Wall St heads for lower open on economic worry

    Guardian Unlimited - Among corporate sectors, financial services companies could lag after two brokerages cut their profit estimates for JPMorgan Chase & Co JPM.N, while residential mortgage lender Thornburg Mortgage Inc said it faced margin calls on $2.9 billion of ...
    2008-02-28 06:27:00

  • BIZ BRIEFS: Big donation for Wellness center

    Herald Tribune - The Office of Federal Housing Enterprise Oversight, acting after Fannie Mae published audited financial results for 2007, said the two companies' mortgage investment limits, currently around a combined $1.5 trillion, would be lifted effective Saturday
    2008-02-28 08:43:00

  • US investors, boards at odds over CEO pay - study

    Reuters - Separately, a U.S. congressional panel is looking at pay and severance packages given to top financial executives whose companies have been hurt by the subprime mortgage lending crisis.
    2008-02-28 09:33:00

  • UPDATE 1-Moody's may cut Fannie, Freddie financial strength

    Reuters - It affirmed all of the other ratings on the mortgage companies, including their Aaa long-term and Prime-1 short-term debt ratings, and said the outlook was stable.
    2008-02-28 06:34:00

  • OpenClose Solutions Appoints Richard Eller Director Inside Sales

    PR Inside - He was responsible for overseeing the qualification of mortgage companies for automated underwriting needs. Eller was previously responsible for marketing San Diego-based Del Mar Database's DataTrac(R) loan origination software in the Southeast.
    2008-02-28 06:27:00

  • Vulture Fund Deals With Delinquent Homeowners Lost by Subprime

    Bloomberg - More than 100 mortgage companies have filed for bankruptcy, been acquired or closed their operations. The full impact may not be felt until low introductory ``teaser'' interest rates expire and push up borrowing costs.
    2008-02-28 06:12:00

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