Mortgage and Financial News From 2007-10-31

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  • Fair Isaac Announces Fourth Quarter and Fiscal 2007 Results ...

    dBusinessNews.com - FIC), which combines trusted advice, ... Insignia Systems, Inc. Reports Third Quarter POPS Revenue Increase of 28.4%; Fourth ... Fourth quarter fiscal 2006 results included $4.9 million in revenues from the mortgage product line which was sold in March ...
    2007-10-30 10:29:00
  • Lazard's Profit More Than Doubles on Takeover Fees (Update1)

    Bloomberg - While larger competitors such as Citigroup Inc. and Merrill Lynch & Co. suffered writedowns on loans and mortgage bonds in the ... Lazard's revenue from takeover advice climbed 93 percent to $295.4 million from $153.2 million a year earlier. The company ...
    2007-10-31 04:41:00
  • Home in on cash!

    Daily Mirror - Following independent advice from Key Retirement Solutions, Maureen, 61, applied for a lifetime mortgage on her £89,000 house in Aberdare, Rhondda CT, which provided her with £15,000 in cash. She used some of it to take a 10- day holiday in Spain ...
    2007-10-31 12:02:00
  • US MBA Mortgage Survey Table Of Seasonally Adjusted Data (The Forex Market)

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    2007-10-31 04:15:02
  • HDFC signs on ERGO for general insurance

    Hindustan Times - Housing Development Finance Corporation (HDFC), the country largest mortgage lender, has divested a 26 per cent stake in its general insurance arm to ERGO International, an affiliate company of German insurance giant Munich Re. HDFC had bought this ...
    2007-10-30 01:25:00
  • UPDATE 2-PMI Group swings to loss in third quarter

    Reuters - Last: Oct 30 (Reuters) - PMI Group Inc (PMI.N: Quote , Profile , Research ), the second-largest U.S. mortgage insurer, posted a quarterly loss, hurt by $348.3 million in losses and reserves for future losses at its U.S. mortgage insurance operations ...
    2007-10-30 08:24:00
  • MGIC Investment Executive VP Buys Shares

    MSN MoneyCentral - NEW YORK (AP) - The officer of MGIC Investment, a mortgage insurance provider, bought 10,000 shares of stock, according to a Securities and Exchange Commission filing Tuesday. In a Form 4 filed with the SEC, Lawrence J. Pierzchalski reported he ...
    2007-10-30 01:25:00
  • MGIC Investment SVP Buys Shares

    MSN MoneyCentral - NEW YORK (AP) - A senior vice president of mortgage insurance provider MGIC Investment Corp. bought 12,384 shares of common stock, according to a Securities and Exchange Commission filing Monday. In a Form 4 filed with the SEC, Michael G. Meade ...
    2007-10-30 02:36:00
  • Fitch Affirms CMG Mortgage Insurance's IFS at 'AA'; Outlook Stable

    Forbes - CMG MI's rating reflects the company's solid niche position within the credit union market, strong underwriting earnings, high-quality balance sheet, explicit financial support from its parent companies, and the lower risk of its insured loan ...
    2007-10-30 11:52:00
  • PMI Group's debt issues downgraded to 'A'; outlook revised to negative ...

    Forbes - Fitch said TPG's operating performance, like the rest of the mortgage insurance industry, has been negatively influenced by an increase in US mortgage insurance loss reserves. The rating agency expects that TPG's profitability will be challenged ...
    2007-10-31 03:22:00
  • CMG Mortgage Insurance IFR affirmed at 'AA' with stable outlook ...

    CNBC - MUMBAI (Thomson Financial) - Fitch Ratings said it has affirmed CMG Mortgage Insurance Co's (CMG MI)insurer financial strength at 'AA' with a stable outlook reflecting the company's solid niche position within the credit union market, strong ...
    2007-10-31 02:32:00
  • MGIC Investment Executive VP Buys Shares (AP via Yahoo! Finance)

    The officer of MGIC Investment, a mortgage insurance provider, bought 10,000 shares of stock, according to a Securities and Exchange Commission filing Tuesday.
    2007-10-30 11:59:57
  • MGIC Investment SVP Buys Shares (AP via Yahoo! Finance)

    A senior vice president of mortgage insurance provider MGIC Investment Corp. bought 12,384 shares of common stock, according to a Securities and Exchange Commission filing Monday.
    2007-10-30 01:26:48
  • Child health insurance backed (The Republican)

    jo-ann.moriarty @newhouse.comWASHINGTON - Taking the Senate floor yesterday for the first time since his surgery two weeks ago, U.S. Sen. Edward M. Kennedy, D-Mass., took up the cause for children's health insurance, lobbied for more Amtrak funding, and congratulated the Boston Red Sox on the team's World Series victory.
    2007-10-31 12:32:23
  • HDFC signs on ERGO for general insurance (Hindustan Times via Yahoo! India News)

    Housing Development Finance Corporation (HDFC), the country largest mortgage lender, has divested a 26 per cent stake in its general insurance arm to ERGO International, an affiliate company of German insurance giant Munich Re. HDFC had bought this stake from is previous partner the US-based Chub Corp, in May after falling out over business strategy.
    2007-10-30 12:00:13