Mortgage and Financial News From 2008-4-30 Page 8

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• Mortgage tips - Atlanta Journal Constitution

  We're not saying you shouldn't have insurance to protect your family when you're gone. What we are saying is don't buy "special" insurance to cover one situation such as a home mortgage. And unless your child is a movie star supporting the family, it ...
  2008-04-25 05:53:00

• MGIC Mortgage Insurance Now Available Through LoanQuest(TM) From ... - MSN MoneyCentral

  MILWAUKEE, April 28 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC) now offers a fully integrated, MISMO based, MI Request & Response interface for ordering MGIC mortgage insurance (MI) to mortgage lenders that are using LoanQuest(TM ...
  2008-04-28 08:53:00

• U.S. March Private Mortgage Insurance Defaults Fell (Table) - Bloomberg

  April 30 (Bloomberg) -- Private mortgage insurance defaults declined last month, according to the Mortgage Insurance Companies of America's monthly report. Private mortgage insurance companies reported March defaults fell to 58,131 from 60,911 the ...
  2008-04-30 04:54:00

• Wells Fargo Stockholders Elect Directors; Vote on Proposals at Annual Meeting (CNW Group via Yahoo! Finance)

  Stockholders of Wells Fargo & Company yesterday elected 16 nominees to the Company's Board of Directors and ratified the appointment of KPMG LLP as the Company's independent auditors for 2008.
  2008-04-30 05:02:00

• Opening Bell: Home Prices Plummet (Columbia Journalism Review)

  No end in sight; FBI is after Countrywide; factory farms are bad; Citigroup panhandles; etc.
  2008-04-30 05:04:33

• 2010 is predicted date for housing recovery (Baltimore Sun)

  Expect '08-'09 to be 'tough,' Mudd says The head of mortgage financing giant Fannie Mae said yesterday that he doesn't expect to see "some recovery and growth" in the housing market until 2010.
  2008-04-30 05:23:36

• Standard Life hit by housing slowdown (Daily Telegraph)

  By Yvette Essen
  2008-04-30 05:28:46

• GM swings to a first-quarter loss (Market Watch)

  SAN FRANCISCO (MarketWatch) -- General Motors Corp. said Wednesday that it swung to a first-quarter loss as strong overseas growth, particularly in Latin America, failed to make up for losses in the automaker's home market and another hit from its financing division.
  2008-04-30 05:32:53

• REX Agreement Allows Massachusetts Homeowners to Convert Home Equity Into Cash Now Without Debt, Interest or Monthly ... (Business Wire via Yahoo! Finance)

  SAN FRANCISCO----Massachusetts homeowners now have the ability to unlock equity in their homes without ever incurring debt, interest charges or monthly payments. REX & Co., a real estate investment company dedicated to creating safe alternatives to debt financing, announced today that it is offering the REX Agreement in Massachusetts.
  2008-04-30 05:37:00

• RBS Ex-Chief Mathewson Backs Goodwin Against City `Antagonism' (Bloomberg.com)

  April 30 (Bloomberg) -- Royal Bank of Scotland Group Plc Chief Executive Officer Fred Goodwin is ``definitely the right person'' to lead the U.K.'s second-biggest bank, former Chairman George Mathewson said, rejecting calls for Goodwin to step down after he resorted to a rights offer to shore up capital.
  2008-04-30 05:37:31

• Earnings from First Solar (FSLR) and Procter & Gamble (PG) keep the Street busy ahead of Fed's decision (Schaeffers Research)

  U.S. stock futures were pointed slightly lower in early trading, indicative of a potentially negative start to the regular session of trading...( Read More )
  2008-04-30 05:45:25

• Subprime Today: Citi selling $3 billion in new stock; markets on Fedwatch (Market Watch)

  The daily roundup of subprime and credit-crunch-related news from MarketWatch.
  2008-04-30 05:45:35

• High Tech Solution Protects Against Identity Theft (Carteret County News-Times)

  (ARA) - Do you shred your unwanted mail before throwing it away? Are you careful not to give out too much personal information to people you don't know? And do you keep important papers like your birth certificate and social security card in a bank box?
  2008-04-30 05:46:28

• Centro Wins One-Week Reprieve on A$5.6 Billion Debt (Update2) - Bloomberg

  April 30 (Bloomberg) -- Centro Properties Group , the Australian owner of more than 650 U.S. malls, persuaded banks to give the company another week for talks to refinance A$5.6 billion ($5.2 billion) of debt as it works to sell assets. Australian ...
  2008-04-30 12:51:00

• India's HDFC FY net profit up 55 pct on higher interest income UPDATE - CNBC

  (Updates with more results details, Q4 net profit, latest stock price) MUMBAI (Thomson Financial) - India's Housing Development Finance Corporation Ltd. (HDFC) said its full-year net profit increased 55 percent, mainly driven by an increase in ...
  2008-04-30 03:36:00

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