Mortgage and Financial News From 2007-11-3 Page 6
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Disgraced adviser's past catches up with him
Victoria Times Colonist - But this week, he was fired from a job as mortgage broker -- days after he appeared in a Seattle court to answer questions from the trustee handling his Canadian bankruptcy. On Thursday, the Seattle Post-Intelligencer called Thow at his job at ...
2007-11-03 07:22:00 -
Jury to continue deliberations in Shields case
Kansas City Star - Jeff Morris, who represents mortgage broker Monty Kinman, said Zwego and other co-defendants who struck deals to testify in hopes of getting reduced sentences were “trying not to die in prison.” Robin Fowler, attorney for closing agent Rick ...
2007-11-02 05:18:00 -
Mortgage broker sells safe sex to those at risk of HIV/AIDS (The Florida Times-Union)
Rahab McCollors-Sassnett doesn't live at the Washington Heights apartment complex on Moncrief Road, nor does she have family to visit there. She goes to the neighborhood to talk with African-American teenagers and adults about HIV, AIDS and safe sex.
2007-11-02 09:27:59 -
Montreal filmmaker to face trial in Iran
CBC News - Reporters Without Borders says the filmmaker's family in France had to mortgage their home to pay bail back in March. Solouki ... People over 60 who suffer from high blood pressure receive the least lifestyle advice from their doctors of all age groups ...
2007-11-03 08:55:00 -
Orphan assets: Are you owed a windfall?
This is Money - Advice on orphan assets Who is holding these assets? There is an estimated £20bn of inherited estate between UK life insurers ... A man aged 29, who took out a 25-year mortgage endowment policy and has been paying in £50 a month, if it matured at the end ...
2007-11-03 09:45:00 -
Gimme more? But Britney doesn't need it with her multi-million-dollar ...
Scotsman - ... More singer spends £51,000 under the heading of "entertainment, gifts and holidays", compared to £24,633 in monthly mortgage ... Of course, they should get advice on what to do with it. Term assurance and critical illness cover would also be important ...
2007-11-03 07:37:00 -
Finance for teenagers and twenty-somethings (Daily Telegraph)
Kara Gammell gets advice from the experts on how the younger generations can avoid common money traps.
2007-11-02 06:55:28 -
Workload rises for housing counselors (The Myrtle Beach Sun News)
It was one of Zach Urban's most trying days as a housing counselor: A woman arrived on his doorstep so distraught over the thought of losing her townhome he feared she might harm herself. Sherie Zamora sought Urban's help when she temporarily lost her job and couldn't get relief from her mortgage company. She said Urban was calm and reassuring as they developed a plan. But as she left his ...
2007-11-02 09:47:13 -
Mortgage Company to sponsor home buyer's seminar Tuesday
McPherson Sentinel - When a potential borrower comes to me, I believe I can serve them well because of my background and my training in real estate and real estate finance.” He said The Mortgage Company operates much like an independent insurance agency, seeking out the ...
2007-11-03 05:35:00 -
Sector Snap: Mortgage Insurers
Boston Globe - On Friday, Goldman Sachs analyst Andrew Brill cut his price targets for several major mortgage insurers, which write insurance policies promising to reimburse home lenders whose borrowers defaults. However, it was not clear whether this report in ...
2007-11-02 09:47:00 -
Official Figures Show Fewer Going Bust
Ananova - The Council of Mortgage Lenders predicted just days ago that the number of repossessions could rocket by 50% next year as borrowers feel the pinch from five interest rate rises since August last year and a tightening in lending criteria amid the ...
2007-11-03 06:03:00 -
NY attorney general: Appraisers pressured to inflate subprime mortgage ...
CNBC - Driven by a hungry market for bonds backed by home loans, mortgage lenders expanded subprime lending dramatically in 2005 and 2006. In many cases, they made loans to people at low initial "teaser" rates, which reset substantially higher one to three ...
2007-11-01 01:37:00 -
Congress pushes Bush for help on mortgage crisis
The Washington Times - Gwen Moore, Wisconsin Democrat, said she was troubled that mortgage lenders were moving too slowly to reach out to at-risk borrowers to start the process of refinancing mortgages. "What are you doing to use the bully pulpit to get institutions more on ...
2007-11-03 06:11:00 -
Lone Star's Tender Offer to Acquire Accredited Home Lenders Completed at $11.75/share (Canadian Business)
DALLAS (AP) - Private equity firm Lone Star Fund V said Monday conditions to complete its tender offer for subprime mortgage lender Accredited Home Lenders Holding Co. were reached Friday.
2007-11-03 09:40:34 -
European Bonds Post Weekly Decline on Concerns for Inflation
Bloomberg - Investors increased bets this past week the ECB will raise its benchmark rate from 4 percent before the end of this year, interest-rate futures showed. The implied yield on the December Euribor contract was at 4.55 percent yesterday, from 4.49 ...
2007-11-03 02:14:00