Mortgage and Financial News From 2008-2-15 Page 44

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• FGIC wants to be split into two companies - MarketWatch

  FGIC wants to be split into two companiesMarketWatch - 51 minutes agoIf current efforts by the New York State Insurance Department to stabilize the $2.4 trillion industry fail, the regulator has said he may propose a similar ...
  2008-02-15 06:38:36

• Wall Street Stumbles Out of the Gate on Best Buy, Data - FOXBusiness

  Wall Street Stumbles Out of the Gate on Best Buy, DataFOXBusiness - 48 minutes agoThe index has trended downward consistently since last summer when the subprime mortgage mess was just starting to show its face. Wall Street is also paying ...
  2008-02-15 06:41:54

• Spitzer urges Congress to bail out bond insurers - Financial News Online US

  Spitzer urges Congress to bail out bond insurersFinancial News Online US, UK - 47 minutes agoThe insurers risk losing their AAA ratings because of the decline in value of investments in the sub-prime mortgage market. The House panel addressed the ...
  2008-02-15 06:42:03

• Bond insurer FGIC seeks break up - CNNMoney.com

  Bond insurer FGIC seeks break upCNNMoney.com - 47 minutes agoNew York state insurance chief Eric Dinallo said proposal to split municipal and structured finance businesses 'not a done deal. ...
  2008-02-15 06:42:19

• Bill, Hillary Clinton: 'Health care to every American' - Baltimore Sun

  Bill, Hillary Clinton: 'Health care to every American'Baltimore Sun, United States - 39 minutes agoIn addition to promising universal health care, he said of his wife, “she’s the only one who wants to freeze" mortgage foreclosures. ...
  2008-02-15 06:50:37

• Bail-Out For Ambac And MBIA On The Way, Dinallo Says [ABK] - RTT News

  Bail-Out For Ambac And MBIA On The Way, Dinallo Says [ABK]RTT News, NY - 35 minutes agoAmbac CEO Michael Callen told CNBC before his testimony that the “whole issue is the asset quality of some mortgage-backed securities” and that there is “no ...
  2008-02-15 06:54:04

• Oro Silver Names Thomas Bagan VP, Operations And COO - Update [OSR.V] - RTT News

  Oro Silver Names Thomas Bagan VP, Operations And COO - Update [OSR.V]RTT News, NY - 35 minutes agoAmbac CEO Michael Callen told CNBC before his testimony that the “whole issue is the asset quality of some mortgage-backed securities” and that there is “no ...
  2008-02-15 06:54:04

• Study: Suprime Mortgage Lawsuits Outpacing Savings & Loan Crisis - Insurance Journal

  Study: Suprime Mortgage Lawsuits Outpacing Savings & Loan CrisisInsurance Journal, CA - 31 minutes agoMortgage bankers and loan correspondents represent the highest percentage of defendants (32 percent) but defendants also include mortgage brokers, lenders, ...
  2008-02-15 06:58:19

• Radian swings to $618M loss - Bizjournals.com

  Radian swings to $618M lossBizjournals.com, NC - 24 minutes agoRadian (NYSE:RDN) said mortgage insurance loss reserves continued to increase in the fourth quarter, reflecting the credit, housing and overall economic ...
  2008-02-15 07:05:21

• Buffett's Bond Plan Offers Little to Insurers - Smartmoney.com

  Buffett's Bond Plan Offers Little to InsurersSmartmoney.com - 21 minutes agoThis week Buffett announced he had made a proposal to several of the largest firms in the bond insurance business, companies like Ambac Financial (ABK) and ...
  2008-02-15 07:08:33

• FGIC Seeks Split to Salvage Municipal Debt Ratings (Update2) - Bloomberg

  FGIC Seeks Split to Salvage Municipal Debt Ratings (Update2)Bloomberg - 14 minutes agoFGIC applied for a new license so it can separate its municipal insurance unit from its guarantees on subprime- mortgages, David Neustadt, a department ...
  2008-02-15 07:15:17

• FGIC to request a break up, says report; bond insurers trade lower - CNNMoney.com

  FGIC to request a break up, says report; bond insurers trade lowerCNNMoney.com - 13 minutes ago... of insuring mortgage-backed securities and other structured finance bonds, while the other would retain most of the municipal bond insurance business, ...
  2008-02-15 07:16:50

• Radian Group Swings To Loss In Q4- Update - RTT News

  Radian Group Swings To Loss In Q4- UpdateRTT News, NY - 10 minutes agoRadian increased its mortgage insurance loss reserves to nearly $1.3 billion at the end of the fiscal year. "We have come through a difficult year and the ...
  2008-02-15 07:19:41

• Coldwell Banker Howard Perry And Walston Adds Darci Buchanan to ... - Carolina Newswire (press release)

  Coldwell Banker Howard Perry And Walston Adds Darci Buchanan to ...Carolina Newswire (press release), NC - 8 minutes agoToday the company has over 800 real estate professionals, 13 sales offices, the area’s premier new homes division, a mortgage company, insurance services ...
  2008-02-15 07:21:58

• First time buyer? Too good to miss! - Easier (press release)

  First time buyer? Too good to miss!Easier (press release), UK - 5 minutes agoLive Bill-Free for a Year means that Charles Church will pay your mortgage, council tax, utility bill and building and contents insurance (subject to terms ...
  2008-02-15 07:24:09

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