Mortgage and Financial News From 2007-10-24 Page 15

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  • Merrill swings to loss on huge mortgage hit

    Marketwatch - NEW YORK (MarketWatch) -- Merrill Lynch, the nation's largest broker, on Tuesday reported its first loss in about six years, saying bad judgment and weak risk management strategies forced it to write down almost $8 billion of mortgage and related ...
    2007-10-24 11:37:00

  • Jumbo-mortgage market rebounding

    ScrippsNews - As far as I was concerned, Wells Fargo was out of the wholesale market," says Robert Jackson, a mortgage broker with BayCal Financial Corp. in San Francisco. Although investors are still avoiding nonconforming mortgages, banks that can hold loans on ...
    2007-10-24 08:03:00

  • Gain Invaluable Insights Into How Australian Lenders Can Achieve ...

    Forbes - Research and Markets (http://www.researchandmarkets.com/reports/c72359) has announced the addition of "The Australian Mortgage Broker Survey 2007: The Broker-Lender Relationship" to their offering. Although there clearly are improvements to be made ...
    2007-10-23 09:04:00

  • LoanInsights, Inc. Revolutionizes Mortgage Process, Leveling Playing ...

    Market Wire - The easy-to-use LoanInsights platform essentially automates the functions of a mortgage broker -- assuming a broker could or would contact every single bank to identify the best deal for the homebuyer, and do so in a matter of seconds. Unlike other ...
    2007-10-24 10:47:00

  • Bill tightening mortgage rules wins support from regulators (Market Watch)

    WASHINGTON (MarketWatch) -- A bill that would require licensing mortgage originators and standards for subprime mortgages won support from two federal banking regulators Wednesday.
    2007-10-24 07:55:16

  • Merrill swings to loss on huge mortgage hit (Budapest Business Journal)

    Merrill Lynch, US largest broker, reported a loss Wednesday for the Q3 and said the its write downs for bad mortgage loans and related securities was almost $8 billion, well above the firm’s own previous estimate from just a few weeks ago.
    2007-10-24 06:28:28

  • Merrill takes nearly $8 bln mortgage hit, markets dip (Market Watch)

    NEW YORK (MarketWatch) -- Merrill Lynch , the nation's largest broker, reported a loss Wednesday for the third quarter and said its write-downs for bad mortgage loans and related securities was almost $8 billion, well above the firm's own previous estimate from just a few weeks ago. See full story.
    2007-10-24 06:41:01

  • Gain Invaluable Insights Into How Australian Lenders Can Achieve Success Using The Mortgage Broker Channel (Business Wire via Yahoo! Finance)

    DUBLIN, Ireland----Research and Markets has announced the addition of "The Australian Mortgage Broker Survey 2007: The Broker-Lender Relationship" to their offering.
    2007-10-23 07:00:00

  • Letters to the Telegraph

    Daily Telegraph - In a recent R3 survey, we discovered that the average debt for a British adult, including mortgage debt, is nearly one and a ... and Britain on ill-advised invasions of Iraq, one can hardly be surprised if the Turkish government ignores such advice. ...
    2007-10-24 04:14:00

  • Cash needed for debt enquiries

    Newbury Today - NEWBURY’S Citizen’s Advice Bureau (CAB) appealed for extra cash from the town council this week to help cope with an ... Most people who visit the West Berkshire bureaus are adults with family and mortgage commitments. Councillors agreed to ...
    2007-10-24 05:40:00

  • Let Your Home Contribute In Getting A Loan

    Best Syndication - ... related to loans please visit: http://www.ask4loan.co.uk _____ Other Information Mortgage ... Syndication is for informational purposes only and is not meant to be advice. You should always seek professional advice ...
    2007-10-23 12:36:00

  • Former Florida Gov. Kirk settles IRS suit over taxes

    Miami Herald - ... government attorneys pointed out that on tax returns in 2001, 2002 and 2003, he deducted about $8,000 each year in mortgage ... I try to have people pay me for advice,'' he said. ``Some of them take that advice and some don't pay me. It's not an easy ...
    2007-10-24 05:04:00

  • S&P Downgrades Merrill Lynch after "Startling" Loss

    BusinessWeek - We expect management to initiate a major retrenchment in the mortgage and CDO sectors. We continue to view Merrill Lynch's ... Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of ...
    2007-10-24 08:46:00

  • UPDATE: US MBA Mortgage Survey Snapshot

    FXStreet.com - US MBA Mortgage Survey Snapshot (Updates with Oct. 12 data) WASHINGTON (Dow Jones)--Following is data from the Mortgage ... Nor does it provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations ...
    2007-10-24 05:04:00

  • Merrill Lynch Reports Loss on $8.4 Billion Writedown (Update5)

    Bloomberg - ... as losses in Merrill's fixed-income division overshadowed gains from underwriting stocks and providing merger advice. At ... We expect market conditions for subprime mortgage-related assets to continue to be uncertain,'' he said. Merrill ...
    2007-10-24 10:33:00

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