Mortgage and Financial News From 2007-9-13 Page 13

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  • September is National Preparedness Month

    Forbes - If you are in financial trouble, make your mortgage payment a priority. Ask for help early in the process. Explain your situation to your lender and ask for advice and assistance. You can also speak to a trained credit or ...
    2007-09-13 06:00:00
  • Bear Stearns Appoints Peter DiMartino As Senior Managing Director ...

    RTT News - 9/13/2007 9:08:59 AM Bear Stearns (BSC) revealed that it has hired Peter DiMartino as senior managing director and asset-backed and mortgage credit strategist. The company noted that DiMartino would be in charge for providing investors with advice ...
    2007-09-13 05:24:00
  • False Ads Going After Your Wallet

    Washington Post - The Federal Trade Commission is cracking down on hundreds of mortgage companies for sponsoring "potentially deceptive ... Don't agree to listen to investment advice from someone you don't know, even if it comes with a free lunch or dinner. * Be ...
    2007-09-13 09:56:00
  • Bear Stearns Hires Top-Ranked ABS and MBS Research Analyst

    MSN MoneyCentral - Bear, Stearns & Co. Inc. announced today it has hired renowned research analyst Peter DiMartino as senior managing director and asset-backed and mortgage credit strategist. Mr. DiMartino will be responsible for providing investors with advice and ...
    2007-09-13 05:52:00
  • Next Generation Retirement (Forbes)

    Everyone dreams of retiring rich. Unfortunately we can't guarantee this. But we can give you advice to help you sleep well at night.
    2007-09-12 01:03:41
  • Government mortgage report shows higher loan rates producing delinquencies (The Forex Market)

    WASHINGTON (Thomson Financial) - The more high-rate mortgage lending has been going on in a metropolitan area, the more homeowners there are likely to be in danger of losing their homes, according to a US government report released today.
    2007-09-12 01:28:02
  • Bernanke to testify on subprime mortgage issue Sept 20 at House committee (The Forex Market)

    WASHINGTON (Thomson Financial) - Federal Reserve Board Chairman Ben Bernanke is scheduled to testify on the ongoing problems in the subprime mortgage market on Sept 20 before the House Financial Services Committee, a House aide confirmed today.
    2007-09-13 07:28:13
  • DTCC Announces Major Initiatives for Processing Structured Securities

    Forbes - CMOs are bonds backed by pools of mortgage loans and issued by various organizations, including Fannie Mae, Freddie Mac, investment banks and insurance companies. ABS are structured bonds or notes backed by loan payments or accounts receivable such ...
    2007-09-13 06:21:00
  • Stocks rise on Countrywide financing

    Miami Herald - Stocks advanced sharply Thursday, led by strong gains among the blue chips, after mortgage lender Countrywide Financial Corp. said it had lined up added financing and talks between automakers and workers appeared to advance. The Dow Jones industrial ...
    2007-09-13 10:03:00
  • Beware of miracle cure for subprime crisis

    Seattle Post Intelligencer - Wary of being outflanked, George Bush may extend mortgage insurance for some cash-strapped borrowers. Hearings starting this week are likely to lead to reams of further suggestions. Some will be helpful, but most will probably do more harm than good. ...
    2007-09-10 05:59:00
  • Regions and AmSouth Begin Conversion Countdown in Tennessee ...

    Forbes - With nearly $140 billion in assets, Regions is one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states ...
    2007-09-13 06:50:00
  • Ireland Inflation Falls to 4.8 Percent

    CNBC - The report said that, excluding the cost of housing _ mortgage or rent payments, home insurance, maintenance and waste collection _ Ireland's inflation rate would be right in line with the euro zone average of 2.0 percent. The cost of mortgages has ...
    2007-09-13 06:35:00
  • Mayrand, House committee clash over veils

    Globe and Mail - BJ Homes from Ontario, Canada writes: For democracy to work, it must be the property of all, not just a place for narrow interests to pursue their own agenda. That is why it is important for more Canadians to participate in the democratic process ...
    2007-09-13 10:24:00
  • SunTrust Names Barry L. Henderson Western Virginia Regional President ...

    Forbes - Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com SOURCE SunTrust Banks, Inc. Copyright © 2004 PR Newswire All ...
    2007-09-13 08:59:00
  • Greenspan concedes mortgage dilemma

    Miami Herald - Former Federal Reserve Chairman Alan Greenspan acknowledges he failed to see early on that an explosion of mortgages to people with questionable credit histories could pose a danger to the economy. In an upcoming interview, Greenspan said he was ...
    2007-09-13 10:03:00