Mortgage and Financial News From 2008-1-12 Page 13

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  • Reports say former Lloyd's boss will manage Northern Rock if ... - The Canadian Press

    Reports say former Lloyd's boss will manage Northern Rock if ...The Canadian Press - 29 minutes agoLONDON - The British government has tapped former Lloyd's insurance boss Ron Sandler to head Northern Rock PLC if the troubled mortgage lender is ...
    2008-01-12 02:30:47

  • Lasorda part of group that helps out when hard times befall scouts, baseball's 'unsung heroes' (Canadian Press via Yahoo! News)

    LOS ANGELES - Long before Tom Lasorda began his Hall of Fame career as a manager, he worked in anonymity as a scout for the Los Angeles Dodgers.
    2008-01-12 11:21:00

  • Sandler to lead N.Rock if nationalised (Reuters.co.uk)

    LONDON (Reuters) - The government could take a decision to nationalise ailing mortgage bank Northern Rock within days and has lined up respected executive Ron Sandler to run the bank if the state takes control, the BBC said on Saturday.
    2008-01-12 11:33:32

  • Lasorda part of group that helps out when hard times befall scouts, baseball's 'unsung heroes' (Slam! Sports)

    LOS ANGELES - Long before Tom Lasorda began his Hall of Fame career as a manager, he worked in anonymity as a scout for the Los Angeles Dodgers. After being talked into taking the job by then-director of scouting Al Campanis, Lasorda discovered that the hours were long and the pay was low.
    2008-01-12 11:39:14

  • Investors see red as Blue Chip falters (Stuff)

    The exuberant wave of enthusiasm which swept over the New Zealand property market during the last five years carried Mark Bryers further than most.
    2008-01-12 11:48:35

  • Insurance knockback for Argosy (Stuff)

    Sub-prime mortgage lender Argosy Property Finance, which brought the country its first Islamic mortgage, has stopped making loans after its insurer pulled the plug.
    2008-01-12 11:50:01

  • Let’s have a fair tax policy (The Observer)

    How can my property tax go up 10-fold in one year in Rio Rancho? Many have wondered that after receiving their 2007 property tax bills. The N.M. state statutes limit the annual tax increases on residential property to 3 percent per year.
    2008-01-12 12:25:16

  • Soft US Real Estate Market and Weak US Dollar Means Great Potential ...

    PRWeb - Badger Realty’s managing partner, Brenda Leavitt, says her agency has worked hard to develop relationships with mortgage lenders who are experienced in working with foreign nationals. “For instance, we’re working closely with the local office ...
    2008-01-11 12:17:00

  • Bank of America to Acquire Countrywide for $4 Billion (Update7)

    Bloomberg - Bank of America, Wells Fargo & Co., and other big mortgage lenders have reduced their loan purchases from independent mortgage brokers, citing credit concerns. The purchase, expected to close in the third quarter, will add to earnings ...
    2008-01-11 07:09:00

  • Countrywide deal could boost confidence of mortgage industry

    San Francisco Gate - Barney Frank, D-Mass., the powerful chairman of the House Financial Services Committee, who has been pressing for tighter regulation of mortgage lenders in the wake of soaring home-loan defaults among subprime borrowers with poor credit. "I have been ...
    2008-01-11 12:46:00

  • WA lawmakers awash in cash, but eye 'prudent' session

    Seattle Post Intelligencer - They plan to pass a crackdown on mortgage lenders. The recent deadly floods in southwest Washington prompted a $50 million bond proposal to help finance a flood-prevention project along Interstate 5 in Lewis County. Other flood-related legislation ...
    2008-01-12 12:45:00

  • WA lawmakers awash in cash, but eye `prudent' session - Bellingham Herald

    WA lawmakers awash in cash, but eye `prudent' sessionBellingham Herald, WA - 1 hour agoThey plan to pass a crackdown on mortgage lenders. The recent deadly floods in southwest Washington prompted a $50 million bond proposal to help finance a ...
    2008-01-12 12:58:59

  • Spiraling Foreclosures a Likely Focus of Md. Legislature - WTOP

    Spiraling Foreclosures a Likely Focus of Md. LegislatureWTOP, DC - 1 hour agoOthers want to crack down on unscrupulous lenders. State Senator Catherine Pugh of Baltimore says black lawmakers are especially interested in tackling the ...
    2008-01-12 01:33:05

  • So We Thought. But Then Again . . . - New York Times

    So We Thought. But Then Again . . .New York Times, United States - 28 minutes agoThe research was done by BasePoint Analytics, which helps banks and lenders identify fraudulent transactions; the study looked at more than three million ...
    2008-01-12 02:08:02

  • Building projects see more bad debt - Minneapolis Star Tribune (subscription)

    Building projects see more bad debtMinneapolis Star Tribune (subscription), MN - 12 minutes agoTwin Cities-area banks hover near the top of the list of lenders nationwide reporting business borrowers as slow-pays or no-pays, according to the Federal ...
    2008-01-12 02:23:39

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