Mortgage and Financial News From 2008-1-10 Page 9

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  • Economist: Recession Hasn't Hit Pittsburgh Yet (KDKA Pittsburgh)

    All around Pittsburgh, you see construction trucks like at the site of the new Majestic Star Casino or the underground tunnel to the North Shore or the new multi-purpose hockey arena or the city's newest skyscraper - Three PNC Plaza.
    2008-01-10 08:22:19

  • H&R Block kicks off filing season for taxes (The Kansas City Star)

    Ready or not, it’s tax time. The Internal Revenue Service today opens up its computers and a free filing network to accept the first of an expected record 138 million income tax returns that taxpayers are expected to file — or seek more time to file — in the more than 90 days remaining before the April 15 filing deadline.
    2008-01-10 08:31:36

  • Holidays are all about forgiving . . . your debt (The Nashua Telegraph)

    Homeowners found three attractive tax breaks among their holiday presents, thanks to the federal Mortgage Forgiveness Debt Relief Act of 2007, which was enacted in December. ...
    2008-01-10 09:14:45

  • Treasurys decline, stocks rally on hopes of relief for housing and ...

    CNBC - ... Treasury prices fell sharply Thursday after stocks advanced on news that Bank of America Corp. might buy struggling mortgage ... We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against ...
    2008-01-10 01:37:00

  • RAMS plans to sell privately A$750 mln RMBS-S&P

    Reuters - Genworth Financial Mortgage Insurance Pty Ltd, PMI Mortgage Insurance Ltd, Prime Insurance Group Ltd insure the pool. The deal details are as follows, according to S&P: CLASS AMOUNT RATINGS (mln) S&P A A$732.5 AAA B A$17.5 AA ($1 ...
    2008-01-09 03:54:00

  • Raiffeisen International Russian unit accused of collusion in ...

    Forbes - MOSCOW (Thomson Financial) - Russia's Federal Anti-Monopoly Service (FAS) said it has opened two cases involving Raiffeisen International Bank Holding AG's Russian unit and several insurance companies over collusion in the mortgage and automobile ...
    2008-01-09 06:50:00

  • Blackstone Group plans to write down investment in Financial Guaranty ...

    CNBC - ... LP plans to write down the value of part of its investment in one of the biggest bond insurers, Federal Guaranty Insurance ... Bond insurers' foray into guaranteeing payments on complex investments backed by mortgage debt has put them on shaky ground ...
    2008-01-10 02:34:00

  • M.D.C. Holdings Announces 2007 Fourth Quarter Earnings Release ...

    MSN MoneyCentral - The Company also provides mortgage financing, insurance and title services, primarily for MDC homebuyers, through its wholly owned subsidiaries, HomeAmerican Mortgage Corporation, American Home Insurance and American Home Title, respectively. M.D ...
    2008-01-10 02:56:00

  • ANALYSIS-Market prices may mislead investors on subprime losses

    Reuters - It is likely that any asset write-downs linked to the U.S. subprime mortgage crisis will be based at least partly on the so-called ABX derivatives index, used by traders to buy insurance-like contracts on 20 risky subprime mortgage bonds. The ...
    2008-01-10 12:40:00

  • Cramer's 'Mad Money' Recap: Riding Out the Bottom

    Street.Com - In the home building space, Cramer now likes KB Homes ( KBH - Cramer's Take - Stockpickr ) and Centex Homes ( CTX - Cramer's Take - Stockpickr ), but feels Beazer ( BZH - Cramer's Take - Stockpickr ) is "still too troubled." In the mortgage insurance space ...
    2008-01-09 03:54:00

  • Tokyo shares turn higher in early trade on bargain-hunting - UPDATE - Forbes

    Tokyo shares turn higher in early trade on bargain-hunting - UPDATEForbes, NY - 3 hours ago'We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks,' he said. ...
    2008-01-10 05:59:59

  • Asian Technology Stocks Gain, Led by Samsung; Seven & I Falls - Bloomberg

    Asian Technology Stocks Gain, Led by Samsung; Seven & I FallsBloomberg - 2 hours agoBanks including DBS Group Holdings Ltd. climbed on speculation lower US rates will spur borrowing after US subprime-mortgage defaults led to a tightening in ...
    2008-01-10 06:03:49

  • Study shows income heavily impacts health care - Newsday

    Study shows income heavily impacts health careNewsday, NY - 2 hours agoLed last spring by two researchers at Adelphi University in Garden City, the survey of 1561 people found that education, income and insurance status held ...
    2008-01-10 06:03:52

  • TRADING DAY: Thursday's markets - Vancouver Sun

    TRADING DAY: Thursday's marketsVancouver Sun,  Canada - 2 hours agoThe recent sell-off on US markets sparked takeover talk, sending shares of embattled mortgage lender Countrywide Financial for their biggest gains in at ...
    2008-01-10 06:03:53

  • VIEW FROM THE TOP - Financial Times

    VIEW FROM THE TOPFinancial Times, UK - 2 hours agoWell, bond insurance is a very interesting area. We have been looking at some companies there. Has Hank Paulson done enough not only to address the mortgage ...
    2008-01-10 06:05:36

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