Mortgage and Financial News From 2008-5-15 Page 13
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Zurich Financial Profit Rises on Premium Income (Update2) - Bloomberg
May 15 (Bloomberg) -- Zurich Financial Services AG , Switzerland's largest insurer, said profit increased 2.9 percent in the first quarter, more than analysts estimated, as premium income at its biggest unit gained. Net income advanced to $1.43 ...
2008-05-14 11:57:00 -
TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 BST - CNBC
2008-05-15 08:52:27 Karelian Diamond says 2 drill holes find mantle-bearing kimberlite at Seitapera LONDON (Thomson Financial) - Karelian Diamond Resources Plc. said two drill holes at its diamondiferous Seitapera pipe in Eastern Finland intersected ...
2008-05-15 01:30:00 -
ProSchools offer Online Exam Prep for Washington Mortgage Originators - PR Inside
2008-05-15 09:55:37 - Effective January 1, 2008, loan originators must be licensed and pass a state exam in order to conduct business in Washington. Effective January 1, 2008, Washington State Department of Financial Institutions (DFI) requires all ...
2008-05-15 12:48:00 -
Mortgage Expert: Getting a mortgage from abroad - Jerusalem Post
Q: We intend purchasing a small apartment to rent out until we return to Iive in Israel in 2 years time. We will require a mortgage of about $60,000. What documentation is required for taking out a mortgage in both my and my wife's name. I will then ...
2008-05-15 01:16:00 -
Business news in brief - Philadelphia Inquirer
Merck & Co. Inc., the drugmaker with major operations in the Philadelphia area, won reversal of a $32 million jury award to a Texas family over the death of a former user of the company's withdrawn painkiller Vioxx. A Texas state appeals court in San ...
2008-05-14 11:57:00 -
Freddie's Quarterly Loss Widens: Credit-Related Expenses Rise More ... - Washington Post
Rising loan delinquencies and falling home prices took an increasing toll on Freddie Mac during the first quarter, but accounting changes obscured the blow. The giant mortgage funding company, a bellwether of market conditions, reported that it lost ...
2008-05-14 09:49:00 -
Why more homeowners aren't getting help - CNN Money
NEW YORK (CNNMoney.com) -- Drowning in a mortgage you can't afford? Whether or not you get a new one will be decided by someone you've probably never met at a company whose role is barely visible: the mortgage servicer. Nationwide, as home prices ...
2008-05-15 12:48:00 -
BAILOUT BUNK - New York Post
May 15, 2008 -- LEWIS Carroll, call your office. Or, better still, the author of "Alice's Adventures in Wonderland" should call Washington - where the government's determination to solve the housing "crisis" produced this lead paragraph in a recent ...
2008-05-15 12:26:00 -
Islamic lenders do well in mortgage crisis - Detroit News
WASHINGTON -- The mortgage industry may be in meltdown, but at least one class of lender appears to be flourishing: Islamic finance companies that offer Muslim home buyers alternative arrangements such as lease-to-own deals so they can avoid making ...
2008-05-14 10:03:00 -
IndyMac Bancorp shares continue plunge - Boston Globe
NEW YORK— Shares of IndyMac Bancorp Inc. continued to tumble Tuesday, as an analyst reiterated his "Underperform" rating on the mortgage lender and a day after it said it would not be profitable for the rest of the year. IndyMac shares fell 87 ...
2008-05-13 12:31:00 -
Prague shares TFN at a glance outlook - CNBC
PRAGUE (Thomson Financial) - Shares are expected to open slightly higher after U.S. gains, with earnings for CEZ and Unipetrol coming into focus today. Yesterday, Prague's main PX index closed 0.81 percent higher at 1,655.2 points. FORTHCOMING EVENTS ...
2008-05-14 11:07:00 -
Hungary's OTP Bank Q1 net up 9.2 percent at 55 bln forint UPDATE - CNBC
(Updates with more detail) BUDAPEST (Thomson Financial) - Hungary's OTP Bank Nyrt said net income rose 9.2 percent to 55 billion forint in the first quarter of the year. The rise was just above a consensus estimate of 54.4 billion forint in a poll of ...
2008-05-14 10:46:00 -
CBA hints at more rate rises - News.com.au
COMMONWEALTH Bank of Australia today signalled there could be more interest rate rises ahead for its home loan customers. CBA boss Ralph Norris said the bank was facing higher costs as it rolled over and renewed its own sources of funding on the ...
2008-05-14 10:53:00 -
Little scope for interest rate cuts - Reuters UK
LONDON (Reuters) - The economy could shrink for a quarter or two and inflation may near 4 percent this year, the Bank of England said on Wednesday in its bleakest forecasts since the Labour government took power in 1997. Economists said the expected ...
2008-05-14 11:29:00 -
JGB futures rebound as investors hunt bargains - Reuters
TOKYO, May 15 (Reuters) - Japanese government bond futures rose on Thursday, moving away from a seven-month low hit the previous day, as investors hunted bargains with the closely watched five-year debt auction out of the way. But gains were limited ...
2008-05-14 11:29:00
