Mortgage and Financial News From 2008-1-24 Page 12
Previous Day: 2008-01-23
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Financial advice call-in from 6 to 8 p.m. (5:50 p.m.) (The Record)
Eight members of the San Joaquin County chapter of the Financial Planning Association, working with The Record, will take your questions today on subjects ranging from taxes and retirement planning to mortgage problems and insurance from 6 to 8 p.m.
2008-01-24 06:15:03 -
Ameriprise beats expectations (Minneapolis-St. Paul Star Tribune)
Strong growth in fees for asset management and advice helped push adjusted earnings up 9 percent for the quarter. It helped that it had little subprime exposure.
2008-01-24 07:19:28 -
Anatomy of an ID Attack (Washington Post)
Personal finance reporter Nancy Trejos doesn't just write about money matters, she also has experience in what can happen when your bank account is in jeopardy. In last week's Sunday Business, she wrote about her close encounter with identity theft in "Identity Theft Gets Personal" (Jan. 13). She...
2008-01-24 07:40:44 -
Losing Their Grip on Homeownership (Washington Post)
NEW YORK -- Homeowners started losing hold of their homes years before spiking foreclosures and the housing slump slammed the economy.
2008-01-24 07:41:45 -
Gateway Financial Holdings, Inc. Declares Cash Dividend
MSN MoneyCentral - The Bank provides insurance through its Gateway Insurance Services, Inc. subsidiary, brokerage services through its Gateway Investment Services, Inc. subsidiary, and mortgage banking services through its Gateway Bank Mortgage, Inc. subsidiary. The ...
2008-01-24 06:25:00 -
Wall Street Builds on Gains
Street.Com - A report that the New York insurance regulators were discussing a bailout plan for mortgage insurers was the likely the main trigger." Bond insurers were giving back some of the previous session's gains. Ambac Financial ( ABK - Cramer's Take - ...
2008-01-24 08:05:00 -
Societe Generale Reports EU4.9 Billion Trading Loss (Update1)
Bloomberg - Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology ... stock fell 20 percent since the beginning of the year on concern about more writedowns related to the U.S. subprime mortgage ...
2008-01-24 03:05:00 -
Atonement Comes to Wall Street as Exiled Risk Guardians Return
Bloomberg - Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology ... Hotsuki, who was co- head of risk management, said the firm's decision to wager $3 billion on indexes of mortgage-related ...
2008-01-24 05:14:00 -
Legal & General Says Fourth-Quarter Sales Fell (Update1)
Bloomberg - The insurer forecasts there will be a ``tougher market'' for sales of mortgage-related insurance because of a U.K. declining housing market, Chief Executive Officer Tim Breedon said earlier this month. Still, any decline may be mitigated by a ``step ...
2008-01-24 07:08:00 -
Officials Move to Rescue Shaky Bond Insurers
CNBC - ... jumped 72 percent, although they both remain far below their levels before the extent of the mortgage debacle became known. Traditionally, bond insurance has been a low-risk business. State and municipal bonds rarely defaulted, so the insurers paid ...
2008-01-24 07:51:00 -
Asia-Pacific Bank Debt Risk Falls on Bond Insurance Rescue Plan
Bloomberg - ... York State's regulators met with U.S. banks yesterday to discuss raising capital for the guarantors, which may face rating cuts should they fail to increase the buffer against losses from subprime mortgage securities. Confirmation that the insurance ...
2008-01-24 01:39:00 -
Webster Reports 2007 Fourth Quarter Results and 2008 Outlook and Focus
MSN MoneyCentral - With $17.2 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 181 banking offices, 343 ATMs, telephone banking and the Internet. Webster Bank owns the ...
2008-01-24 05:21:00 -
Old Republic 4Q profit falls 81 percent
MSN MoneyCentral - CHICAGO (AP) - Mortgage insurer Old Republic International Corp. on Thursday said its fourth-quarter earnings fell nearly 81 percent on losses in both its mortgage guaranty and title insurance businesses, but the results met Wall Street expectations ...
2008-01-24 07:58:00 -
Tokyo Stocks Keep Soaring on Wall St. Rally - Black Enterprise
Tokyo Stocks Keep Soaring on Wall St. RallyBlack Enterprise, NY - 2 hours ago... with major private-sector banks on bailing out troubled bond insurers as part of efforts to resolve the subprime mortgage crisis in the United States. ...
2008-01-24 04:57:49 -
Michael J. Weltman Land, Lots and Homes, LLC - Wakulla.com
Michael J. Weltman Land, Lots and Homes, LLCWakulla.com, FL - 2 hours agoAfter many trips to Panama City to train with a group of finance and insurance executives on why and how to do a reverse mortgage, and visits from our ...
2008-01-24 05:01:32
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