Mortgage and Financial News From 2008-3-11 Page 14

Previous Day: 2008-03-10

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• As oil powers upward, stocks end day lower

  MSNBC - Wall Street had no bleak economic data to contend with Monday, but instead faced a steady drumbeat of negative news on companies exposed to mortgages.
  2008-03-10 01:33:00

• Lender Lead Solutions Enhances LLS University Programs

  PR Inside - Through LLS' national consumer education campaign, Senior Lending Network, LLS educates millions of Americans about the important benefits of reverse mortgages and then links interested consumers to qualified and experienced originators, who have ...
  2008-03-10 07:14:00

• Out of the Gate: Mortgage Insurers

  CNN Money - NEW YORK (Associated Press) - Companies that insure mortgages rose at the opening of trading Tuesday, as investors reacted ... Investors responded quickly, helping reverse the recent pounding shares of mortgage insurers have taken following the ...
  2008-03-11 06:58:00

• New Reverse Mortgage Loan Discounts and Settlement Guarantee Offered ...

  dBusinessNews.com - Baltimore - Industry first discounts from Next Generation Financial Services give seniors peace of mind. Baltimore -- New discounts and a settlement guarantee on Reverse Mortgages have just been announced by Next Generation Financial Services (NGFS ...
  2008-03-10 08:25:00

• Lender Lead Solutions Enhances LLS University Programs (Centre Daily Times)

  Lender Lead Solutions, a leading reverse mortgage wholesale lender and a division of World Alliance Financial Corp, announced enhancements to LLS University (LLSU), the company's comprehensive training program designed to give brokers essential knowledge needed for operating a reverse mortgage business.
  2008-03-10 05:57:23

• Bank shares recover from early slump (News Interactive)

  AUSTRALIAN shares fell in early trade today to a one-and-a-half-year low and bank stocks plunged to fresh lows, which quickly attracted bargain hunters.
  2008-03-10 11:00:00

• Out of the Gate: Mortgage Insurers (AP via Yahoo! Finance)

  Companies that insure mortgages rose at the opening of trading Tuesday, as investors reacted strongly to news that the Federal Reserve is making $200 billion available to cash-strapped institutions.
  2008-03-11 06:57:03

• Fed joins central banks in bolstering market confidence - Summary (EARTHtimes.org)

  Washington/Frankfurt - The US Federal Reserve on Tuesday spearheaded a new coordinated push by world central banks to bolster global economic confidence by announcing moves to pump 200-billion- dollar liquidity into markets. The announcement sent sto...
  2008-03-11 08:21:59

• Spilborghs fits in fine with fun personality

  Denver Post - The ball hit the left-field wall, leaving Spilborghs racing desperately to second base. ... I tell skipper (Clint Hurdle) all the time, I need to make it because I have two mortgages.
  2008-03-11 05:47:00

• More homeowners are just walking away from their mortgages

  Sacramento Bee - ... pool of money to give some a second chance at homeownership. Workshops are being offered across the region to educate consumers on all available options, including foreclosure.
  2008-03-09 11:57:00

• Nick Clegg: Let voters sack corrupt MPs

  Daily Telegraph - Some MPs have used that allowance to buy second and even third properties which they then sell on. Others claim thousands of pounds a year on homes with no mortgages on them.
  2008-03-09 07:51:00

• Small Business Owners Sweat Out Slow Times

  Stockhouse Canada - The housing slump and credit crunch are particularly hurting smaller businesses, with 20 or 30 employees, that rely on second mortgages and equity loans to help finance their companies, according to Todd McCracken, president of the National Small ...
  2008-03-08 03:56:00

• Delphi renews search for reorganization financing

  Detroit News - Finding such financing became tough as defaults have risen on U.S. subprime mortgages and the value of securities backed by ... judge ruled that a GM affiliate -- but not GM itself -- could offer two other loans, one of $2 billion and a second loan ...
  2008-03-10 11:17:00

• Bear Stearns Denies `Rumors' on Liquidity After Shares Plummet

  Bloomberg - Bear Stearns was the second-largest underwriter of mortgage bonds last year behind Lehman Brothers Holdings Inc. About 30 percent of the firm's fixed-income revenue came from mortgages and related securities before those markets froze, according to ...
  2008-03-10 03:49:00

• Philadelphia's real estate market improving

  Philadelphia Inquirer - In the last month, they have seen six houses in their $250,000-to-$400,000 range, but nothing worth a second look, he said. "Our lease isn't up till August, so we have time." Kahora's credit union offers mortgages.
  2008-03-10 11:17:00

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