Mortgage and Financial News From 2008-5-15 Page 12
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Starwatch Consumer: Hospital quality, dwindling landlines (The Kansas City Star)
Pay-for-performance bonuses for U.S. hospitals may backfire, penalizing institutions that serve the poor and lack money to improve quality ratings, according to a study in the Journal of the American Medical Association.
2008-05-14 08:24:21 -
FBI Says Nevada Primed for Mortgage Fraud (KLAS Las Vegas)
Across the country foreclosure filings were up 65-percent compared to the same time last year. You might say our housing market is primed for mortgage fraud. A new FBI report says loans to high-risk borrowers fueled this crisis. Reporter Aaron Drawhorn takes a look at the problem.
2008-05-14 09:46:20 -
Beware mortgage 'rescuers' (The News-Press)
Just like 13,571 other mortgages in Lee County, Valerie Hamilton's was behind.
2008-05-14 10:24:24 -
New Study: Americans Say Recession, Declining Stocks and Soft Home Values Less Financially Disastrous Than Death of ... (PRWeb via Yahoo! News)
ING’s new survey demonstrates the central role life insurance plays in a comprehensive financial plan, including the important role of wealth protection. Financial-planning experts say that inadequate life insurance can be swiftly disastrous to families that don’t properly anticipate and assess the impact death of a spouse or partner can have on short- and long-term finances.
2008-05-15 12:00:00 -
Broward broker barred from industry (Miami Herald)
The once high-flying career of Hillsboro Beach stockbroker Jamie Solow flamed out for good Wednesday when a federal judge barred him from the securities industry and ordered him to cough up $6 million in ill-gotten gains and fines.
2008-05-15 12:11:50 -
Nick Robinson: Gordon tries to rally dispirited troops with a battle cry (BBC News)
Yesterday Gordon Brown's loyal lieutenant finally agreed surrender terms at the end of the long and bloody "war of Gordon's ear"*. The prime minister only listened to those warning him about the millions of losers from scrapping the 10p tax rate when faced by imminent defeat.
2008-05-15 02:26:44 -
How to Make the Most of the Federal Rate Cut (Carteret County News-Times)
(ARA) - If you're in the market for a new home, new car or even a personal loan you could benefit from the recent interest rate cuts on loans. What's more, the rewards could be even greater if you check your credit before applying for a loan.
2008-05-15 02:38:13 -
Watch List (May 11-17): Is Capital Crisis Nearly Done? (CoStar Group)
In this week’s issue: Here is one sign that liquidity might be returning to the markets: a big interest-only loan; JPMorgan's Jamie Dimon says the credit crisis is nearing an end, but…; National Multi Housing Council says apartment owners are still...
2008-05-15 03:08:55 -
Georgians Ripped Off In Real Estate Scheme (WSB-TV 2 Atlanta)
LOS ANGELES -- A California woman is facing criminal and civil charges in connection to a real estate scam that targeted black investors in Georgia and two other states, bilking hundreds of them out of $18 million, authorities said Wednesday.
2008-05-15 03:34:19 -
Lessons from the financial crisis (UK Financial Services Authority)
It is a pleasure to be back in the city of my childhood.
2008-05-15 03:47:29 -
Take cover - Age
Don't jump without a parachute ... mortgage insurance may not protect your home loan if you lose your job but other products will. Buying your first home is a steep learning curve. One of the biggest shocks is often the realisation that lenders ...
2008-05-13 05:54:00 -
Genworth Financial Declares Dividend on Its Shares of Class A Common ... - Forbes
RICHMOND, Va., May 13 /PRNewswire-FirstCall/ -- The Board of Directors of Genworth Financial, Inc. (NYSE: GNW) today declared a quarterly dividend of $0.10 per outstanding share of its Class A Common Stock. The dividend is payable on July 28, 2008 to ...
2008-05-13 11:56:00 -
Assured Guaranty's Q1 loss not to hit insurance operating cos' ratings ... - Forbes
MUMBAI (Thomson Financial) - Moody's said Assured Guaranty Ltd.'s first quarter loss will not have any rating implications on its main financial guaranty insurance operating companies. The Bermuda-based firm realized a first quarter net loss of $169 ...
2008-05-13 10:54:00 -
Zurich Financial 'confident' on small subprime portfolio - CFO Wemmer - CNBC
ZURICH (Thomson Financial) - Zurich Financial Services Group has "confidence" in its debt and very small subprime portfolio, chief financial officer Dieter Wemmer said. Zurich Financial disclosed earlier on Thursday that it has no material exposure ...
2008-05-14 11:36:00 -
Solidifi Expands Collateral Valuation Services to the U.S. Mortgage ... - Earthtimes
Author : HIPOINT MARKETING INC. CHICAGO , May 12 /PRNewswire/ -- Solidifi Inc., a leading technology-based provider of collateral valuation and risk management services in Canada , announced today that it has opened its U.S. head office in Chicago ...
2008-05-13 10:44:00