Mortgage and Financial News From 2008-1-24

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• Expert Has Advice For Surviving Market Ups, Downs (CBS4 Denver)

  Even though the economy is struggling, there are ways people can take advantage right now. The silver lining for home buyers and car buyers is that interest rates are going to be great. But financial experts say we need more than a rate cut to get this economy back on track.
  2008-01-24 06:52:16

• DJ-BTMU Business Barometer Down 0.5% In Jan 12 Week (The Forex Market)

  NEW YORK (Dow Jones)--The Dow Jones-Bank of Tokyo-Mitsubishi-UFJ weekly business barometer fell 0.5% in the week to Jan. 12, according to data reported Thursday.
  2008-01-24 07:06:00

• US Dec Existing Home Sales Dn 2.2% To 4.89 Mln Rate (The Forex Market)

  =========================================================== Dec Existing Home Sales Dec Nov ! Consensus: ! Total Sales: 4.89M 5.00M ! 4.98M ! % Change: -2.2% +0.4% ! Actual: ! Months Supply: 9.6 10.1r ! 4.89M ! ===========================================================
  2008-01-24 07:06:10

• This Week's Hottest Sector (The Motley Fool)

  Look out, they're scorchers!
  2008-01-24 07:19:20

• UK's Darling says BoE has 'room for manoeuvre' on interest rates (The Forex Market)

  LONDON (Thomson Financial) - UK Chancellor of the Exchequer Alistair Darling said the Bank of England has "room for manoeuvre" on interest rates in order to support a flagging economy.
  2008-01-24 07:21:01

• Genworth Financial, xkoto customer profile

  ZDNet Blogs - Genworth Financial, Inc. is a leading financial security company providing retirement income, life and long term care insurance, Medicare supplement insurance, related financial and wellness advisory services as well as mortgage insurance to more ...
  2008-01-23 02:52:00

• Dodd seeks ‘ambitious’ financial rescue plan

  Financial Times - Mr Dodd’s proposals, in a letter to Mr Reid, also included a suggestion that any stimulus package should include passage of a bill to reform the Federal Housing Administration, which provides mortgage insurance on loans. Last September, the Senate ...
  2008-01-23 07:05:00

• Market Meltdown: How bubbles developed, burst - Commodity Online

  Market Meltdown: How bubbles developed, burstCommodity Online, India - 55 minutes agoBy now, however, he was booked for the top – and the insurance he spoke of wasn't cover against the risk of credit default or mortgage foreclosure, ...
  2008-01-24 06:04:22

• Peoples Bancorp Inc. Reports Fourth Quarter and 2007 Results - MSN Money

  Peoples Bancorp Inc. Reports Fourth Quarter and 2007 ResultsMSN Money - 51 minutes agoGross portfolio loan balances were $1.12 billion at December 31, 2007, up $14.3 million since the prior quarter-end from commercial mortgage loan growth. ...
  2008-01-24 06:09:13

• Wall St., big banks seek gov't handout - Workers World

  Wall St., big banks seek gov't handoutWorkers World - 48 minutes agoIt blamed the mortgage crisis, since the bank held many of the financial instruments created to gamble on the huge amount of debt owed by homeowners. ...
  2008-01-24 06:12:11

• More Than GBP1 Billion in Compensation Paid to Consumers Since ... - PR Newswire UK (press release)

  More Than GBP1 Billion in Compensation Paid to Consumers Since ...PR Newswire UK (press release), UK - 46 minutes agoWe have made over 250000 payments to consumers relating to significant insurance failures. We have upheld over 54 thousand mortgage endowment claims. ...
  2008-01-24 06:13:27

• Insurances That Rip You Off! - Motley Fool UK

  Insurances That Rip You Off!Motley Fool UK, UK - 42 minutes agoThe pecuniary loss insurance that concerns us consumers is mortgage indemnity insurance. This cover protects the mortgage company if your property is sold ...
  2008-01-24 06:17:45

• Inflation could force Beijing to modify its growth model - AsiaNews.it

  Inflation could force Beijing to modify its growth modelAsiaNews.it, Italy - 40 minutes agoBut global economic contraction, partly due to the subprime mortgage crisis in the United States, is leading to lower demand for Chinese exports, ...
  2008-01-24 06:19:28

• CSPA affects mortgage brokers, appraisers, lenders - Akron Leader Publications

  CSPA affects mortgage brokers, appraisers, lendersAkron Leader Publications, OH - 28 minutes ago... finance companies or insurance companies and their customers. A: A law passed in 2006 specifically makes certain aspects of residential mortgage ...
  2008-01-24 06:31:50

• Ford narrows its losses - MSN Money

  Ford narrows its lossesMSN Money - 27 minutes ago... msgs) have been running the risk of losing their AAA ratings because of the subprime mortgage meltdown. Insurance Superintendent Eric Dinallo is pushing ...
  2008-01-24 06:32:37

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