Mortgage and Financial News From 2007-10-21 Page 3

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  • U.K.’s Alliance & Leicester Installs NCR Intelligent Deposit ATMs in ...

    HULIQ.com - This frees up our highly experienced staff to meet customer demand for specialist advice on a wide range of mortgage, savings and insurance products.” NCR research shows that its Intelligent Deposit feature can reduce queuing at the teller by up to ...
    2007-10-21 11:12:00

  • WEEKEND EDITION

    Marketwatch - The FHA, which provides government-backed mortgage insurance on low-down-payment loans, is in a good position to address the subprime market, Fleming said, even though the growth in private-investor-backed subprime lending "directly cannibalized the ...
    2007-10-18 05:57:00

  • G7/IMF/WORLD BANK MEETINGS At-a-glance guide to the main points

    Forbes - Trichet said banks' capital bases remain solid despite the impact of the US subprime mortgage crisis on their earnings. ... China's rural poor need greater access to banks and agricultural insurance to improve their living standards and ensure ...
    2007-10-21 05:32:00

  • Role reversal at IMF as the rich come under fire

    International Herald Tribune - What a difference a subprime mortgage crisis can make. With hundreds of officials and experts convening here over the weekend ... of this solution is complex," he told the Institute for International Finance, a global association of banks, insurance ...
    2007-10-21 03:01:00

  • Flood insurance may be an afterthought here, but you may want to think ...

    Lubbock Avalanche-Journal - Housing lenders face federal requirements to make sure homeowners have the proper flood insurance before closing a loan, said Ron Rogers, president of PrimeWest Mortgage in Lubbock. But not all lenders do. So many properties in Lubbock are without ...
    2007-10-21 03:13:00

  • IBM Hit by Financial Services Slowdown in Q3

    Stockhouse Canada - ... in System z mainframe sales and a number of deferrals of very large software deals in the third quarter were to blame for IBM not doing better, and Loughridge insinuated that these were mostly due to decisions at banks, mortgage providers, insurance ...
    2007-10-21 02:47:00

  • Mortgage Debt Elimination – How To Save Yourself From Compounding ...

    Best Syndication - Unlike a life insurance, the mortgage insurance is there to protect the better interest of the bank (ssshh, let’s not say you hear that from me) because it covers only the mortgage. Life insurance basically covers you because in case unpredicted ...
    2007-10-21 04:49:00

  • Are You Getting a Good Deal on Insurance? (Richfield Reaper)

    (ARA) - Had a major life change recently, like moving out on your own for the first time, getting married, welcoming a new baby into the family or purchasing a new car?
    2007-10-21 03:08:52

  • Reversing fortunes: Retirees expand lifestyles with mortgage option (The Record Searchlight)

    Reverse mortgages have been a popular tool for cash-strapped retirees, but wealthier folks are finding ways to use them, too. With a mansion worth $21 million, a wealthy retiree near Philadelphia decided the most logical way to access that cash and improve his standard of living was to take out a reverse mortgage on the house and invest the money for more income.
    2007-10-21 06:37:28

  • Answer Desk: How to prepare for a recession

    MSNBC - Right now, housing-related businesses — builders, mortgage brokers and lenders, real estate agents and furniture stores — are suffering. But other parts of the economy are doing just fine. Carmakers are laying people off. But healthcare companies ...
    2007-10-21 02:40:00

  • Regulators urged to take back seat

    Financial Times - Executives instead urged policymakers to concentrate their attention on unregulated US mortgage lenders and credit ratings agencies, which are accused of being too prone to giving favourable ratings to bonds because they are usually paid by issuers. ...
    2007-10-21 10:37:00

  • Australian shares set for tumble

    News.com.au - The market's focus this week will be on the all-important inflation figures, which could make or break the case for an interest rate rise in November. The Australian Bureau of Statistics will release the September quarter consumer price index data on ...
    2007-10-21 03:16:00

  • Kevin Rudd outscores feisty Prime Minister in TV debate

    News.com.au - And he also said he accepted responsibility for five interest rate rises since he went to the 2004 federal election promising to keep home loan rates at record lows. The debate, held at Parliament House, was the first time the leaders had squared off ...
    2007-10-21 04:49:00

  • Wall St sell-off to hit local equities

    News.com.au - Dr Oliver said shares were unlikely to return to the lows of July-August, with another US interest rate cut expected at the end of the month likely to soothe nerves. "Back in July it was all negative and there was a sense that the sky was falling in ...
    2007-10-21 05:25:00

  • IMF remains blind to the looming crisis

    Guardian Unlimited - In a low-interest-rate environment, the search has been on for investments that offer higher yields. That has meant traditional risk analysis went out of the window, resulting in sub-prime mortgages, the yen carry trade and all the other speculative ...
    2007-10-21 05:39:00

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