Mortgage and Financial News From 2007-10-3 Page 18

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• Advice without drama (Moneymanager)

  At several times in our lives we need financial advice. Whether it is to review an investment strategy, pay off the mortgage more quickly or choose an appropriate retirement product, the result will depend on the quality of advice you receive.
  2007-10-02 09:57:36

• U.S. September Job Cuts Fall 29% From Year Ago, Challenger Says

  Bloomberg - Over August and September, 82 percent of the announced job cuts in the financial industry were from mortgage and subprime lenders, Challenger said. Reductions are spreading to related areas, like insurance and consumer products, Challenger said ...
  2007-10-03 05:14:00

• Australian mortgage broker channel on the cusp of fundamental change

  Insurance Business Review - Australian mortgage brokers are facing a period of tumultuous change. Mortgage brokers are mediating a larger share of ... Business Digest Distribution News Financial Services Digest General Insurance News Life & Pensions News
  2007-10-03 02:51:00

• Mom always offered quiet words of wisdom

  Buffalo News - Car payments, insurance, mortgage, credit card balances, retirement — money features prominently in my life. Mom isn’t alive to say, “I told you so,” but I blush when I think of how kind she was when I made that assertion. And to think I was ...
  2007-10-03 03:48:00

• Homeowners Left in the Lurch By Mortgage Servicers' Mistakes

  The Ledger - ... who pay their mortgages on time face the real possibility of falling behind on insurance or property tax payments because of clerical errors at the servicer. And home owners like the Jenningses, who try in good faith to salvage a troubled mortgage ...
  2007-10-03 04:17:00

• Health insurance for kids: Who should get aid?

  Seattle Times - But it's taken on a practical urgency as more working Americans lose employer-sponsored health insurance and can't afford the full cost of premiums, which now can rival second-mortgage payments. On Monday, Gov. Christine Gregoire and her counterparts ...
  2007-10-03 12:14:00

• Ahead of the Bell: Radian Group

  Forbes - Radian Group writes insurance policies that trigger when borrowers - particularly mortgage borrowers - fail to repay their loans. If Radian Group is delinquent in its filings, Stelmach said people might lose confidence in the insurer. Plus, a new ...
  2007-10-03 05:50:00

• Credit Suisse's Dougan Says Mortgage Turmoil May Last (Update2)

  Bloomberg - Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology ... Oct. 3 (Bloomberg) -- Credit Suisse Group Chief Executive Officer Brady Dougan said the market for mortgage credit will be ...
  2007-10-03 04:10:00

• States Sue Bush Over Limits on Children's Health Insurance (Insurance Journal)

  Several states say they will challenge the Bush administration in federal court over its new rules that block the expansion of a health insurance program for children from low-income families. Ariz
  2007-10-03 06:02:17

• Minister For Health And Children Welcomes The Announcement Of An Insurance Scheme For People Infected With Hepatitis C ... (Medical News Today)

  The Minister for Health and Children, Mary Harney, T.D., welcomed the announcement of an insurance scheme for people infected with Hepatitis C and/or HIV through the administration within the State of contaminated blood or blood products. "The infection of people with contaminated blood products was catastrophic for them" the Minister said. [click link for full article]
  2007-10-03 03:12:55

• Forum to focus on mortgage financing, foreclosures (Asbury Park Press)

  Credit counselors, mortgage bankers and state banking officials will be available to meet with homeowners struggling to make their mortgage payments at a forum 7 to 10 p.m. Thursday at Central Regional High School.
  2007-10-03 01:59:36

• HBOS warns on surge in loan defaults

  This is Money - HBOS (up 39p to 950p) had a 20.4% mortgage share last year, according to the Council of Mortgage Lenders. Abbey was ranked second with 9.4%, Lloyds had 8.8%, followed by Nationwide, Northern Rock and Royal Bank of Scotland . Ironically, it was Northern ...
  2007-10-03 12:57:00

• Minneapolis Real Estate Report – Is Rock Bottom In Sight?

  HULIQ.com - Tuesday October 2nd, 2007, WCCO News reported that 6.5% of the homes on the market were pending sale, compared to 21.5% just a year ago. Quite a significant drop but no surprise considering that mortgage lenders have tightened their guide lines and ...
  2007-10-03 04:39:00

• Spain September Consumer Confidence Falls to Lowest on Record

  Bloomberg - The cost of inter-bank loans jumped in August after European lenders disclosed losses in the U.S. mortgage market. That pushed up payments for Spanish homeowners who have variable-rate loans tied to the 12-month interbank lending rate for the euro ...
  2007-10-03 02:58:00

• Post Office plans to deliver mortgages

  Daily Telegraph - The Post Office is to take advantage of the Northern Rock crisis by launching new mortgages in the troubled lenders heartland of the North of England. The three new products, including a fixed-rate mortgage and a buy-to-let deal, will be promoted in ...
  2007-10-03 05:36:00

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