Mortgage and Financial News From 2007-10-9 Page 14

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  • Fitch Initiates Ratings on Berkshire Gas Co's Outstanding Securities ...

    CNBC - ... on Berkshire Gas Company's outstanding securities, as follows: --Issuer default rating (IDR) 'BBB+'; --First mortgage ... The Stable Outlook reflects the absence of commodity exposure, modest capital requirements, weather insurance, and the ...
    2007-10-09 11:12:00

  • 100pc loans becoming the norm

    Ashburton Guardian - We’re now in a society where young people have good incomes, but they’re not always able to save the deposit,” Cartwright Group mortgage insurance consultant Brian Walters said. He considers the loans are about ‘helping people to move forward ...
    2007-10-09 01:32:00

  • Simmons and First Manhattan Consulting Group Launch New Targeting ...

    Forbes - Whether it is credit card, home equity, mortgage, deposits, insurance and investments, there is something here for all financial services," said Chris Wilson, president of Experian Research Services, parent division of Simmons. "In scoring the ...
    2007-10-09 10:15:00

  • U.S. Bank Grows PowerTrack with Addition of AIMS Logistics

    Forbes - The company operates 2,499 banking offices and 4,867 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on ...
    2007-10-09 08:13:00

  • Stewart Title Ltd. Extends Title Insurance to Cover Entire European ...

    Forbes - Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 9,500 policy-issuing offices and agencies in the United States and international markets. Stewart ...
    2007-10-09 07:45:00

  • TEXT-Fitch on Terrorism Risk Insurance Extension Act

    Reuters - Also, existing loans could simply become more risky as they would bear the terrorism risk previously borne by the borrower and insurance company. As a subset of the commercial mortgage lending industry, the CMBS industry would be directly and ...
    2007-10-09 10:51:00

  • The First American Corporation Expands Business Process Outsourcing ...

    Forbes - Title Insurance and Services, Specialty Insurance, Mortgage Information, Property Information and First Advantage. With revenues of $8.5 billion in 2006, First American has approximately 2,100 offices throughout the United States and abroad. More ...
    2007-10-09 05:36:00

  • The First American Corporation Expands Business Process Outsourcing Solutions for Mortgage Industry Through ... (PR Newswire via Yahoo! Finance)

    The First American Corporation , America's largest provider of business information, today announced the release of MortgageBPO, a new business process outsourcing solution that combines flexible domestic and offshore configurations, scalable staffing options and technology development support for cost-effective mortgage processing.
    2007-10-09 05:32:00

  • Stewart Title Ltd. Extends Title Insurance to Cover Entire European Union (Business Wire via Yahoo! Finance)

    LONDON----Stewart Title Ltd., the primary underwriter for the European and Australian transactions for Stewart Information Services Corp. , is pleased to announce that it is now offering title insurance coverage in all European Union countries.
    2007-10-09 07:44:00

  • Mortgage forum set for Edison (Home News Tribune)

    EDISON — Credit counselors, mortgage bankers and state banking officials will be available to meet with homeowners struggling to make their mortgage payments at a forum Wednesday evening.
    2007-10-09 01:28:46

  • Solid bets: Illegal immigrants exception to mortgage meltdown (Tucson Citizen)

    Despite the downturn of the mortgage market, a type of home loan has remained surprisingly sturdy: one extended to illegal immigrants.
    2007-10-09 09:28:22

  • Analysts: BofA looks at $1B in mortgage write-down (BizJournals)

    Bank of America Corp. may be the next big U.S. bank to suffer consequences from the subprime mortgage crisis. (BAC) (JPM) (WB) (WM) (WFC) (C)
    2007-10-09 06:44:51

  • CML responds to pre-budget and comprehensive spending review

    Politics.co.uk - The Council of Mortgage Lenders welcomes the Chancellor's effective doubling of the inheritance tax threshold for the estates of married couples in today's pre-budget statement. CML director general Michael Coogan said: "With the estates of married ...
    2007-10-09 09:54:00

  • ChoicePoint’s MARI adds License Verification of Appraisers and ...

    WebWire - This will further make MIDEX the ‘one-stop shop’ for mortgage lenders to help ensure the loans they are writing aren’t tainted by unscrupulous individuals.” The initial rollout includes the 14 states with top fraud rankings in the MARI ...
    2007-10-09 06:47:00

  • Pre-Budget: Tax changes could harm business

    Daily Telegraph - In response Michael Coogan, director-general of the Council of Mortgage Lenders, said: "There is a key trade-off for borrowers in choosing a longer-term fix, relating to the potential costs of exiting the deal early, and this is the key feature that ...
    2007-10-09 09:32:00

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