Mortgage and Financial News From 2007-9-26 Page 3

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• Mortgage lenders reach out to owners in distress

  Toledo Blade - Fearing that foreclosure was only one more missed payment away, Ernest Frye, Jr., took the first steps yesterday to get help with the mortgage on his South Toledo home. After attending an event to offer advice to distressed owners, Mr. Frye, 57, was ...
  2007-09-26 03:21:00

• Free workshop on foreclosures

  Southwest Journal - If you or someone you know is struggling making mortgage payments, help is available at a free workshop on foreclosures on Oct 9. That’s when staff from mortgage companies and community-based organizations will offer advice and answer confidential ...
  2007-09-26 12:46:00

• Mortgage crisis not a worry here yet, brokers say

  DeWitt Era-Enterprise - Bartley Mannis, a DeWitt native, is president of Axis Mortgage Group in Bryant. His advice to homeowners is “If you own an adjustable rate mortgage, get off it.” Adjustable rate mortgages are fine when interest rates are low, but “they can jump ...
  2007-09-26 10:30:00

• Southwest Georgia Financial Corporation Announces Quarterly Cash ...

  MSN MoneyCentral - The bank provides, in addition to conventional banking services, investment planning and management, trust management, mortgage banking and commercial and individual insurance products. Insurance products and advice are provided by Southwest ...
  2007-09-26 12:25:00

• Analysis: Loans survey sends contrasting advice

  Financial Times - The twin messages from the Bank of England’s new credit conditions survey on Wednesday could hardly have been more stark. “Don’t panic” if you are a credit-worthy household wanting a new mortgage, but “watch out” if you are a company ...
  2007-09-26 01:08:00

• Senators Question Credit Rating Agencies

  CBS News - Several members of the Senate Banking Committee questioned rating agency executives about whether they provided advice to investment banks that issue complex mortgage securities tied to subprime home loans. "It seems to me that credit rating agencies ...
  2007-09-26 04:14:00

• Slaughters joins Northern Rock saga (The Lawyer)

  Slaughter and May is the latest City firm to be enlisted into the saga of Northern Rock. The top 10 firm is representing the Treasury and the Financial Services Authority (FSA) on their advice to the beleaguered mortgage lender, which has turned to Freshfields Bruckhaus Deringer.
  2007-09-26 07:40:20

• Sakana offers mortgage solutions to Amwaj Plaza 1 buyers (MENAFN)

  Sakana offers mortgage solutions to Amwaj Plaza 1 buyers
  2007-09-26 10:13:12

• Loans survey sends out contrasting advice (Financial Times)

  The twin messages from the Bank of England’s new credit conditions survey on Wednesday could hardly have been more stark. “Don’t panic” if you are a credit-worthy household wanting a new mortgage, but “watch out” if you are a company wanting to borrow.
  2007-09-26 01:27:58

• Credit rating agencies are busy with conflicts of interest causing mortgage market turmoil (Pravda)

  Credit rating agencies were accused of being hampered by conflicts of interest that may have contributed to the mortgage market turmoil rattling investors worldwide.
  2007-09-26 03:27:06

• 152 councils audited over mortgage crisis (Australian Broadcasting Corporation)

  The New South Wales Government has announced a review of local council investments in the wake of the crisis in the US subprime mortgage market.
  2007-09-26 03:31:17

• Senators Question Credit Rating Agencies on Their Track Record Amid Mortgage Market Mess (Canadian Business)

  Alan Zibel September 26, 2007 - 5:49 p.m. WASHINGTON (AP) - Executives from major credit rating agencies on Wednesday were accused by senators of being hampered by conflicts of interest that may have contributed to the mortgage market turmoil rattling investors worldwide.
  2007-09-26 03:42:14

• Set Rules, Don't Nag For Neat Room

  The Ledger - I agree, as long as the child is willing to shoulder "his" room's share of the mortgage, insurance, and utilities. A child is not a boarder; he is a member of a family, and that membership (as do all memberships) carries with it certain obligations. It ...
  2007-09-26 02:52:00

• Capstead Mortgage Corporation Announces Pricing of Public Offering of ...

  Forbes - Capstead Mortgage Corporation (NYSE: CMO) announced today the pricing of an underwritten public offering of 10,000,000 ... the tax and regulatory environment including zoning and environmental laws, uninsured losses or losses in excess of insurance ...
  2007-09-26 04:36:00

• Webster Announces Share Repurchase Program

  Forbes - With $16.9 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 177 banking offices, 337 ATMs, telephone banking and the Internet. Webster Bank owns the ...
  2007-09-26 01:29:00

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