Mortgage and Financial News From 2008-7-17 Page 9
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Battered housing market sends MGIC into the red - Marketwatch
NEW YORK (MarketWatch) -- MGIC Investment Corp. swung to a second-quarter loss as delinquencies and foreclosures remain at elevated levels resulting from lower home values and a softening economy, the company said Thursday. The factors have been a ...
2008-07-17 05:52:00 -
Monarch Financial Reports Record Earnings - Forbes
CHESAPEAKE, Va., July 17 /PRNewswire-FirstCall/ -- Monarch Financial Holdings, Inc. (Nasdaq: MNRK), the bank holding company for Monarch Bank, reported record second quarter net income, record year to date net income and continued strong loan growth ...
2008-07-17 05:02:00 -
Jim Ackor Joins Sterne Agee - Yahoo Finance
BIRMINGHAM, Ala., July 17 /PRNewswire/ -- Jim Ackor joins Sterne Agee's Equity Research Financial Institutions Group (FIG). Ackor is a Senior Vice President and Senior Research Analyst and will initially be covering the Agency REIT and Mortgage ...
2008-07-17 04:26:00 -
Public Notices (Columbia Star)
MASTER'S SALE 08-CP-40-2074 By virtue of a decree heretofore granted in the case of Bank of New York as Trustee for the Certificateholders CWABS, Inc.
2008-07-17 08:10:57 -
(AFX UK Focus) 2008-07-17 15:45 THOMSON FINANCIAL NEWS TOP STORIES Macroeconomics 15:30 BST (Interactive Investor)
2008-07-17 15:24:50 Philly Fed July manufacturing index rises to -16.3 vs -17.0 expected
2008-07-17 08:17:30 -
BB&T Stock Rises, After Beating Expectations (TheStreet.com)
But the Winston-Salem, N.C.-based bank faces headwinds from the declining southern housing market.
2008-07-17 08:17:57 -
US Bank Stocks Up; Fannie, Freddie Lead Banks Higher (INO News)
Shares of Fannie Mae (FNM) and Freddie Mac (FRE) surged again Thursday, and better-than-expected earnings from JP Morgan Chase & Co. (JPM) and Huntington Bancshares Inc. (HBAN) helped to power the entire sector upward for a second day.
2008-07-17 08:21:06 -
OCBC revises Great Eastern's exposure to Fannie and Freddie (Channel NewsAsia)
SINGAPORE: OCBC has revised Great Eastern Holdings' exposure to the two troubled US mortgage giants Fannie Mae and Freddie Mac. Great Eastern is OCBC's insurance unit.
2008-07-17 08:21:19 -
Canoe wife: 'I considered suicide on the beach where my husband faked his death after he refused to come clean' (Evening Standard)
The wife of back-from-the-dead canoeist John Darwin contemplated taking her own life at the very spot where he faked his death because he refused to come clean and reveal he was alive.
2008-07-17 08:27:09 -
Bradley County funds in good shape, adviser tells commission (Chattanooga Times Free Press)
Bradley County’s bond rating has gone up a notch, a financial adviser told county commissioners this week.
2008-07-17 08:29:26 -
Lycnhburg area banks still finding growth (WSLS Newschannel 10 Roanoke)
The failure of one California-based bank and troubles in other large banks cast a shadow on the banking industry early this week. But local bankers in the Lynchburg area are stepping out of the shadow to say “we’re fine.”
2008-07-17 08:32:50 -
Wells Fargo Announces Key International Insurance Services Executive Appointments (Business Wire via Yahoo! Finance)
CHICAGO----Wells Fargo Insurance Services, Inc. announces two key executive appointments in their international risk management and insurance services group.
2008-07-17 08:38:00 -
Credit crunch drives real estate and econmic slump (York Daily Record)
The Realtors Association of York and Adams Counties expects to see a decrease in membership as lagging home sales continue to challenge the local real estate market.
2008-07-17 08:38:11 -
Fed May Update New Mortgage Rules: Kroszner - CNBC
Kroszner, in remarks prepared for delivery to the Minority Depository Institutions conference in Chicago, said the Fed could adjust the index it uses to determine the loans included in the rules, which now cover nearly all of the subprime market and ...
2008-07-17 07:11:00 -
UPDATE 1-Fed may update new U.S. mortgage rules - Kroszner - Reuters
WASHINGTON, July 17 (Reuters) - The Federal Reserve may update its new, tighter mortgage rules by adjusting the types of loans they cover and further studying mortgage broker compensation, Fed Governor Randall Kroszner said on Thursday. Kroszner, in ...
2008-07-17 06:49:00