Mortgage and Financial News From 2008-2-12 Page 34

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  • Meadowbrook Insurance Group, Inc. Reports Record Annual Net Income for ...

    MSN MoneyCentral - Year-to-date our overall achieved rates were down only 1.7%. Net earned ... The current pre-tax book yield was 4.50%. The current after-tax book yield was 3 ... While our investment portfolio includes investments in mortgage-backed and agency ...
    2008-02-12 12:58:00
  • Cephalon's 2007 Results Exceed Full Year Sales and Earnings Guidance

    Forbes - In addition to historical facts or statements of current condition, this press ... reflect the tax effect of pre-tax adjustments at the applicable tax rates ... Attorney's Office in Philadelphia. (5) To exclude the forgiveness of a mortgage ...
    2008-02-12 01:19:00
  • Federal Realty Investment Trust Announces Fourth Quarter and Year-End ...

    MSN MoneyCentral - ... interest at LIBOR plus 57.5 basis points, based on the Company's current ... by those covenants, and the possibility of increases in interest rates ... and notes receivable 61,108 47,493 Mortgage notes ...
    2008-02-12 01:48:00
  • Sound Bank Has Successful Year Despite Economic Challenges

    Forbes - ... its net interest margin as the Federal Reserve continues to cut interest rates ... Fortunately, Sound Bank has no exposure in the sub-prime mortgage market, an issue ... Results for the current year were impacted by a lower net interest margin, a higher ...
    2008-02-12 02:31:00
  • Entries for February 2008

    US News and World Report - ... the Helsinki School of Economics found that investors' portfolio turnover rates ... seen massive monetary and fiscal policy responses and also are seeing some mortgage ... He expects the S&P to finish the year up some 16 percent from current levels ...
    2008-02-12 08:26:00
  • US Announces Plan to Delay Foreclosures

    Philadelphia Inquirer - ... represents a widening of an initiative announced by President Bush in December that offers a freeze on subprime mortgage rates ... alter the terms of their mortgages in bankruptcy proceedings to make their payments more affordable, something current ...
    2008-02-12 02:02:00
  • Struggling homeowners give CBA $2.37bn profit

    News.com.au - Asked if he believed that CBA would again have to lift is variable mortgage interest rates independently of central bank movements ... the first half of the group's financial year is expected to continue until at least the end of the current calendar ...
    2008-02-12 02:38:00
  • Banks Look to Forestall Foreclosures

    Street.Com - ... Project Lifeline is intended to complement an earlier plan worked out amid mortgage lenders, government officials and the American Securitization Forum to aid subprime borrowers who stayed current on their initial teaser mortgage rates, but have ...
    2008-02-12 10:49:00
  • UPDATE: Mortgage lenders, Bush administration announce new anti ...

    Forbes - ... Financial) - Six of the biggest U.S. mortgage ... was targeted at subprime borrowers who are current with their payments at the original loan rate but would be in danger of foreclosure when their loans reset to significantly higher interest rates.
    2008-02-12 09:45:00
  • Meadowbrook Insurance Group, Inc. Reports Record Annual Net Income ... - MSN Money

    Meadowbrook Insurance Group, Inc. Reports Record Annual Net Income ...MSN Money - 1 hour agoThe current after-tax book yield was 3.41%, compared to 3.28% in 2006. This increase is primarily the result of the increase in market interest rates, ...
    2008-02-12 01:06:09
  • Hanmi Financial Corporation Reports 2007 Financial Results - StreetInsider.com (subscription)

    Hanmi Financial Corporation Reports 2007 Financial ResultsStreetInsider.com (subscription), MI - 1 hour agoAs a result of the Federal Reserve Bank lowering short-term interest rates and intense competition for loans and deposits, the Bank's net interest margin ...
    2008-02-12 01:07:17
  • Validus Announces Fourth Quarter Net Income of $139.0 Million ... - StreetInsider.com (subscription)

    Validus Announces Fourth Quarter Net Income of $139.0 Million ...StreetInsider.com (subscription), MI - 1 hour agoAt December 31, 2007, the Company held $22.9 million of securities with exposures to the sub-prime mortgage market with an estimated weighted average life ...
    2008-02-12 01:12:25
  • United Western Bancorp, Inc. Reports 2007 Fourth-Quarter Results - Business Wire (press release)

    United Western Bancorp, Inc. Reports 2007 Fourth-Quarter ResultsBusiness Wire (press release), CA - 1 hour agoIn the prior periods, higher repayments of wholesale residential mortgage loans reduced the required allowance for those loans. ...
    2008-02-12 01:14:31
  • House prices set to fall by 7% in next two years as credit squeeze ... - Times Online

    House prices set to fall by 7% in next two years as credit squeeze ...Times Online, UK - 1 hour agoBanks and building societies have been cutting back on the amount they are willing to lend, as well as increasing mortgage rates, after last year’s US ...
    2008-02-12 01:26:56
  • JMG Exploration Allows More Time For Newco Group To Repay Loan ... - RTT News

    JMG Exploration Allows More Time For Newco Group To Repay Loan ...RTT News, NY - 1 hour agoS&P rates AIG's senior unsecured debt "AA," the third highest investment grade. A statement by AIG's auditors PricewaterhouseCoopers LLP that the insurer ...
    2008-02-12 01:34:02