Mortgage and Financial News From 2007-10-31 Page 18

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  • Ex-Met Mortgage chief agrees to settlement (Tri-City Herald)

    SPOKANE -- The former leader of bankrupt Metropolitan Mortgage & Securities Co. will pay about $151,000 to settle allegations that he masterminded fraudulent real estate deals that backfired into an accounting scandal.
    2007-10-31 07:26:31

  • Shields Mortgage Fraud Trial Continues (KMBC TheKansasCityChannel.com via Yahoo! News)

    The confessed kingpin of a mortgage fraud scheme took the stand in federal court Tuesday as a witness against former Jackson County Executive Kathryn Shields and her husband, Philip Cardarella, along with two others.
    2007-10-30 04:38:02

  • Calyx Software Integrates Product and Pricing Engine Providers Into ...

    PR Inside - within Calyx Point's interfaces menu and includes six new companies offering PPE services. The product and pricing engine category allows mortgage brokers and bankers to request a product and pricing decision from their preferred lenders and ...
    2007-10-31 06:29:00

  • Delphi changes payment proposal

    Detroit Free Press - The borrowing difficulty stems from the fallout in the subprime mortgage market where defaults have led investment banks to become more conservative on their loans. The effect goes beyond Delphi, with other companies including Federal-Mogul Corp ...
    2007-10-31 06:00:00

  • Blaze victims benefit from‘bayanihan’

    Philippine News - The realtor/owner of several real estate offices, mortgage companies and escrow offices in San Diego, Las Vegas and the Philippines, Vinson said, “We are offering to house families at our home and office here in Chula Vista. We are prepared to ...
    2007-10-31 01:28:00

  • RP Data and First American CoreLogic Announce Automated Valuation ...

    Forbes - ... valuable information products to support the major economic events of people's lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies ...
    2007-10-31 05:31:00

  • London's Docklands Is Best European Office Market (Update1)

    Bloomberg - Dublin and Warsaw are the cities where rents are most likely to drop because more space is being built than companies are taking up, Moody's said today in its European office report for investors in commercial mortgage-backed securities. ...
    2007-10-31 05:38:00

  • The Phoenix Companies, Inc. Third Quarter 2007 Earnings

    Forbes - The Phoenix Companies, Inc. (NYSE: PNX) today reported earnings for the third quarter of 2007. THIRD QUARTER 2007 HIGHLIGHTS ... Available-for-sale equity securities, at fair value 204.4 187.1 Mortgage ...
    2007-10-31 04:05:00

  • Premarket Roundup: Aerospace Companies

    CNBC - WASHINGTON (AP) _ Lockheed Martin Corp., Boeing Co. and other aerospace companies on Wednesday will examine the planned ... WASHINGTON (AP) _ Investors trying to gauge the impact of the housing market's slump on mortgage applications will watch ...
    2007-10-31 06:29:00

  • Defaults on Insured Home Mortgages Rise 22 Percent (Update1)

    Bloomberg - The number of insured borrowers more than 60 days late on their payments climbed to 54,699 in September from 44,791 a year earlier, according to monthly data from the Washington-based Mortgage Insurance Companies of America. The defaults represented ...
    2007-10-31 06:00:00

  • Mortgage-crisis fallout could crimp LI sales, jobs

    Newsday - Companies that have announced layoffs so far include Lehman Brothers, which cut 2,500 mortgage jobs nationally; Citicorp, which eliminated 1,600 New York City positions last spring; and Bear Stearns, which has shed about 900 jobs in its mortgage unit ...
    2007-10-31 03:22:00

  • First American LoanPerformance Announces Availability of RiskModel(TM ...

    MSN MoneyCentral - SAN FRANCISCO, Oct. 31 /PRNewswire-FirstCall/ -- First American LoanPerformance, a member of The First American Corporation FAF family of companies and a leader in residential mortgage data and analytics for the mortgage industry and Wall Street ...
    2007-10-31 05:53:00

  • Second board member fired

    Detroit News - The economic downturn, coupled with unscrupulous mortgage companies, has financially stretched thousands of homeowners, he said. "I saw many, many first-time home buyers coming for help after they found, once their property taxes were calculated ...
    2007-10-31 05:10:00

  • U.S. Economy Sees 3.9% Growth Rate

    Washington Post - ... and October, subtracting more than a full percentage point from the growth in GDP. Falling home sales and home values have hit the construction industry hard, and rising mortgage default rates have sparked significant layoffs at mortgage companies ...
    2007-10-31 06:36:00

  • First American LoanPerformance Announces Availability of RiskModel(TM) 4.0 Analytics Solution (PR Newswire via Yahoo! Finance)

    First American LoanPerformance, a member of The First American Corporation family of companies and a leader in residential mortgage data and analytics for the mortgage industry and Wall Street, today announced the availability of RiskModel 4.0, its industry-leading analytics solution which forecasts future mortgage prepayments, defaults, losses and projected cash flows.
    2007-10-31 05:32:00

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