Mortgage and Financial News From 2007-9-11 Page 6

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• Top tips: Mortgages (Daily Telegraph)

  Advice on how to find the best mortgage.
  2007-09-11 12:10:52

• Britons seeking debt advice hits a record (Daily Telegraph)

  The charitable organisation the Citizen Advice Bureau has warned that a record number of people sought their advice on how to cope with mounting debts.
  2007-09-11 03:00:47

• Debt advice levels soaring (BBC News)

  Those seeking advice on how to meet their debts has hit record levels, the Citizens Advice Bureau warns.
  2007-09-10 10:45:42

• Mortgage crisis no surprise to 'Housing Bubble Blog' community (Online Journalism Review)

  An Arizona blogger built a robust virtual community, and a full-time job, detailing the breakdown in mortgage lending standards. Here's what he can teach other journalists.
  2007-09-11 10:50:37

• Imperial Finance & Trading, LLC Adds to its National Sales Account ...

  Forbes - Imperial Finance & Trading, LLC, a leader in premium finance for life insurance, announces the addition of two account ... Previously, she was a regional manager/wholesaler with Amerifirst Mortgage Corporation. She also worked for Calamos ...
  2007-09-11 01:19:00

• SunTrust Earns National Honors in Greenwich Associates Excellence

  MSN MoneyCentral - Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com Copyright 2007 PR Newswire Back to News Home MSN Money Search ...
  2007-09-11 09:44:00

• Cost of Employer-Provided Insurance Rises 6 Percent

  Washington Post - The cost of employer-provided health insurance rose 6.1 percent this year, the smallest jump since 1999, but still well above ... That was more than reported being worried about not being able to pay their rent or mortgage (44 percent), being the victim ...
  2007-09-11 10:12:00

• Investment firm increases stake in Radian

  Philadelphia Business Journal - Radian of Philadelphia, which sells mortgage insurance and other products, called off its merger last week with Milwaukee-based rival MGIC Investment Corp. after the two companies suffered significant losses in the subprime mortgage market.
  2007-09-11 06:45:00

• Loan provider Provident sees profits jump

  Daily Telegraph - ... a provider of loans, credit cards and motor insurance to households with low incomes, posted a near 20pc jump in interim profits, helped by lower losses at its credit card arm. It said it is "totally unaffected" by the US subprime mortgage lending ...
  2007-09-11 04:10:00

• Interest rates rise as credit crisis hits British borrowers

  Daily Telegraph - ... calling for advice was at a record 1.7m. It now handles 6,600 debt enquiries a day. Grahame Chilton, chief executive of reinsurance broker Benfield, said he expected legal claims as a result of the sub-prime mortgage crunch to cost the insurance ...
  2007-09-11 04:39:00

• 4 bargain stocks for a turbulent market

  CNN Money - One low-risk, downtrodden name is Genworth Financial, an insurance company that was spun out of General Electric in 2004. In the second quarter of this year, 18% of its net operating income came from mortgage insurance, a fact that has helped knock ...
  2007-09-11 06:23:00

• INTERVIEW-Insurers face "billion dollars" in subprime claims

  Reuters - UPDATE 2-XL Capital posts higher 2nd quarter net, beats view MONACO, Sept 11 (Reuters) - The insurance and reinsurance industries could face claims of up to "a billion dollars" from the subprime mortgage crisis, Grahame Chilton, chief executive of ...
  2007-09-11 12:43:00

• Genworth Financial Chairman and CEO Michael D. Fraizer to Speak at ...

  Forbes - Genworth is a leading financial security company meeting the retirement, longevity, lifestyle protection, investment and mortgage insurance needs of over 15 million customers. It has a presence in more than 25 countries. For more information, visit ...
  2007-09-11 12:07:00

• Radian Climbs After Third Avenue Boosts Stake to 11% (Update2)

  Bloomberg - Mortgage Insurance Sales In the first seven months of the year, mortgage insurers sold 42 percent more policies than during the same period in 2006, said Jeff Lubar, spokesman for the Mortgage Insurance Companies of America. The share of U.S ...
  2007-09-11 01:40:00

• Mortgage industry faces severe job cuts

  MSN MoneyCentral - It takes no account of jobs in areas such as mortgage insurance or investment banks' mortgage securitisation businesses. Although investment banks such as Lehman Brothers have cut jobs in the mortgage origination arms, they are cautious about cutting ...
  2007-09-11 02:37:00

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