Mortgage and Financial News From 2007-10-23 Page 13

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  • BankUnited Announces Fourth Quarter and Fiscal Year 2007 Results

    Forbes - Residential net charge-offs in the fourth quarter were $2.9 million, net of $1.2 million in estimated recoveries from mortgage insurance. Consumer loan net charge-offs in the fourth quarter were $619,000, and commercial portfolio net charge-offs were ...
    2007-10-23 03:32:00

  • Wells Fargo & Company Announces Dividend

    Forbes - Wells Fargo & Company is a diversified financial services company with $549 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through almost 6,000 stores and the internet (wellsfargo.com) across North America ...
    2007-10-23 09:08:00

  • Webster Reports 2007 Third Quarter Earnings

    Forbes - With $16.8 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 179 banking offices, 339 ATMs, telephone banking and the Internet. Webster Bank owns the ...
    2007-10-23 05:05:00

  • Countrywide to Refinance Up to $16 Billion of Loans (Update4)

    Bloomberg - Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology ... Oct. 23 (Bloomberg) -- Countrywide Financial Corp., the biggest U.S. mortgage lender, may change terms on $16 billion of ...
    2007-10-23 08:11:00

  • Wilma: Two Years Later

    Insurance News Net - Two years after Hurricane Wilma destroyed their condos, some owners are still waiting to go home. Many must pay rent as well as their mortgage, insurance, taxes, maintenance and special assessments for repairs on a place they can only dream of living ...
    2007-10-23 08:04:00

  • Two years after Hurricane Wilma destroyed their condos, some owners ...

    Insurance News Net - Two years after Hurricane Wilma destroyed their condos, some owners are still waiting to go home. Many must pay rent as well as their mortgage, insurance, taxes, maintenance and special assessments for repairs on a place they can only dream of living ...
    2007-10-23 08:04:00

  • Two years after Wilma, many are still without their condos

    Fort Lauderdale Sun-Sentinel - Many must pay rent as well as their mortgage, insurance, taxes, maintenance and special assessments for repairs on a place they can only dream of living in again. No one agency tracks the number of homes left uninhabitable since Wilma struck on Oct ...
    2007-10-23 09:37:00

  • ASK THE MORTGAGE SPECIALIST: How to determine the best down payment

    WBIR - Mortgage insurance (MI), incorporated into the monthly payment, will be required by the lender, and normally it's at a reduced rate. If your income is below a certain level, you can deduct the MI from your taxes. That's how you can show up, put no ...
    2007-10-23 08:04:00

  • Ace Mortgage Funding Taps Intellidyn for Customized Lead Incubation Marketing Solution (Business Wire via Yahoo! Finance)

    BOSTON----Intellidyn™ Corporation , the award-winning provider of the nation's most complete direct response marketing and multi-channel database marketing solutions for ROI-based acquisition and retention strategies today announced that Ace Mortgage Funding has retained their strategic services to create a customized lead incubation marketing solution.
    2007-10-23 05:00:00

  • Lawmakers to weigh mortgage reform (The Record Searchlight)

    WASHINGTON -- Responding to chaos in the mortgage industry, U.S. lawmakers soon will consider a range of long-term measures designed to clamp down on abuses and require that lenders make loans that borrowers can afford to repay.
    2007-10-23 06:07:18

  • 9:59 a.m.: Arrest Made In Insurance Fraud Case (WAPT Jackson)

    A 39-year-old Jackson woman faces insurance fraud charges.
    2007-10-23 08:10:14

  • Borrowers hit by mortgage deals which end early

    Times Online - Francis Ghiloni at Mform, a comparison site: “Many borrowers expect their rate to be fixed from the time the mortgage is completed, but most lenders offer deals fixed to a specific date. If you assume it takes at least a month to complete a ...
    2007-10-23 05:05:00

  • Chairman: Better crisis response needed from mortgage firms

    Chicago Tribune - NEW YORK - Federal Deposit Insurance Corp. Chairman Sheila Bair said Monday that the credit crisis will get worse because of disruption in the mortgage market and that lenders should do more to keep borrowers from losing their homes. "It will get ...
    2007-10-23 03:18:00

  • Sector Roundup: Mortgage Finance, Pharma

    MSN MoneyCentral - NEW YORK (AP) -- A Lehman Brothers analyst downgraded a battery of mortgage lenders and insurers on Monday, saying the struggling housing market will indefinitely make business difficult for companies exposed to people missing payments on home loans ...
    2007-10-22 03:00:00

  • Bill aims to tighten rules on mortgages

    Philadelphia Inquirer - Bar mortgage lenders and brokers from getting incentive payments to sign up borrowers for overly expensive loans. Make banks that package mortgage securities into investments explicitly liable for violations of lending laws. Require mortgage brokers ...
    2007-10-23 02:56:00

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