Mortgage and Financial News From 2007-11-16 Page 17

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• LION, Inc. Completes Sale of TRMS Business Unit

  Forbes - Precision Lion Broker gives subscribing brokers access to LION's well known, proprietary business-to-business Internet portal, LION Broker (formerly known as LION Pro). LION also designs, develops and hosts retail websites for mortgage lenders ...
  2007-11-16 08:44:00

• U.S. could face $2 trillion lending shock: Goldman

  Reuters - But unlike stock market losses, which are typically absorbed by "long-only" investors, this mortgage-related hit is mostly borne by leveraged investors such as banks, broker-dealers, hedge funds and government-sponsored enterprises. And ...
  2007-11-16 08:51:00

• Mortgage Crisis May Slash Lending Up to $2 Trillion

  CNBC - But unlike stock market losses, which are typically absorbed by "long-only" investors, this mortgage-related hit is mostly borne by "leveraged investors"--those that depend on borrowed money--such as banks, broker-dealers, hedge funds and government ...
  2007-11-16 07:47:00

• Another View: Problems in Oregon’s mortgage market

  Statesman Journal - As The Oregonian’s Jeff Manning pointed out in his Sunday story about a desperate borrower and her unscrupulous mortgage broker, the go-go subprime mortgage industry fostered a variety of unsavory practices that resulted when brokers played fast ...
  2007-11-16 06:07:00

• House clears mortgage industry reform bill (MENAFN)

  House clears mortgage industry reform bill
  2007-11-16 02:05:07

• A&L dives on credit worries

  Times Online - Andrew Darke of Evolution today reiterated his sell advice saying that a big recovery was already priced into Compass shares ... Fears about a slowdown in the mortgage market also hit home after the Nationwide forecast that house price growth would ...
  2007-11-16 03:22:00

• Freshfields and Travers bag roles on Close Brothers buy-out

  Lawyer Online - Travers Smith is leading advice to stockbroker Cenkos, which last week made an indicative 950 pence-per-share offer for ... Formal expressions of interest in the beleaguered mortgage lender have to be tendered by today (16 November). Both those deals ...
  2007-11-16 08:23:00

• Christmas home movers not jamming finances

  MyFinances.co.uk - Click here, complete 20 quick questions about your circumstances and a broker will call you with a rates. Free Quotes From UK Mortgage Specialists UK mortgage / remortgage specialists, free mortgage quotes and advice, online mortgage calculator, free ...
  2007-11-16 03:22:00

• Young doctors in debt

  CNN Money - That's like two additional mortgage payments on top of their existing one. And they could be paying student loans until they ... Donald Duncan, a Chicago-area planner and investment adviser with D3 Financial Counselors. (They later get additional advice ...
  2007-11-16 08:09:00

• Strunk Chairman Says Pending Bill HR946 Unfairly Restricts Responsible ...

  Forbes - ... is eliminated; so too is the risk of negative credit reporting, especially when the overdraft occurs while paying a mortgage ... The firm's reputation is built on more than three decades of providing expert, objective, and independent advice to ...
  2007-11-16 07:33:00

• Fannie Mae Prices New Issue 2-Year Benchmark Notes(R)

  Forbes - Fannie Mae has a federal charter and operates in America's secondary mortgage market to ensure that mortgage bankers and other ... Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment ...
  2007-11-16 08:23:00

• County offering help with foreclosures

  Tribune-Chronicle - ... Department of Housing and Urban Development, the California Housing Finance Authority and Stockton Housing Department, as well as nonprofits such as NeighborWorks and Consumer Credit Counseling will be available to give advice. Anyone with mortgage ...
  2007-11-16 06:57:00

• Sacramento's sub-prime silence

  Los Angeles Times - Meanwhile, media coverage of families at risk of losing their homes has awakened the rest of the state to the real mortgage ... foreclosure prevention counselors and lawyers who help borrowers negotiate loan restructuring and provide legal advice when ...
  2007-11-16 08:23:00

• Fannie exes defend accounting change (The Forex Market)

  WASHINGTON (AP) - Fannie Mae executives on Friday defended a change in how the mortgage lender discloses losses on home loans after a news article raised the possibility it could be masking the true magnitude of credit-related hits to its profits.
  2007-11-16 07:59:22

• Airport Officials Offer Thanksgiving Travel Advice (KGTV San Diego)

  Travelers planning to fly out of San Diego International Airport for the Thanksgiving holiday were urged to arrive early for flights and plan ahead for security checkpoints.
  2007-11-15 08:51:11

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