Mortgage and Financial News From 2007-9-5 Page 19

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• MGIC, Radian End Merger

  Street.Com - The mortgage insurers had agreed in February to merge in an all-stock deal then valued at $4.7 billion, creating a leading credit risk manager. But shares of both companies have since plunged, as the market for mortgage securities has collapsed under ...
  2007-09-05 04:36:00

• Fed urges companies to help borrowers

  Hampton Roads Daily Press - The joint statement also encouraged the mortgage servicing companies to consider referring borrowers in trouble to qualified homeownership counseling services. Fed Governor Randall Kroszner said that the joint guidance was meant to encourage the ...
  2007-09-05 03:17:00

• UPDATE 2-MGIC, Radian agree to terminate merger

  Reuters - NEW YORK, Sept 5 (Reuters) - Mortgage insurer MGIC Investment Corp. (MTG.N: Quote , Profile , Research ) and bond insurer Radian Group Inc. (RDN.N: Quote , Profile , Research ) agreed to terminate their pending merger, the companies said on Wednesday ...
  2007-09-05 05:05:00

• Layoffs surge 85% on mortgage meltdown: report

  Marketwatch - The financial sector eliminated 35,752 jobs in August, nearly half of the jobs lost in the month. Overall, the financial sector -- which includes banks, insurance, real estate and mortgage companies -- has shed 102,758 workers so far this year, more ...
  2007-09-05 03:46:00

• MGIC abandons deal for rival mortgage insurer Radian, citing troubles ...

  CNBC - MILWAUKEE - Mortgage insurer MGIC Investment Corp. and rival Radian Group Inc. said Wednesday they are abandoning plans to combine the companies, citing troubles in the mortgage industry. Radian's shares tumbled more than 6 percent in premarket ...
  2007-09-05 05:19:00

• Fed urges companies to help borrowers (Daily Press)

  The Federal Reserve and other agencies issue guidelines to help prevent mortgage defaults. The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.
  2007-09-05 03:45:37

• Fed, banking agencies, urge loan companies to help prevent mortgage defaults (Lansing State Journal)

  WASHINGTON - The Federal Reserve and other banking regulators issued special guidance today urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.
  2007-09-04 12:28:51

• MGIC, Radian call off merger, citing troubles in mortgage market (The Scranton Times-Tribune)

  MGIC Investment Corp. and rival Radian Group Inc. said Wednesday they are abandoning plans to combine the two companies, citing troubles in the mortgage industry.
  2007-09-05 05:32:57

• MGIC abandons deal for rival mortgage insurer Radian (Centre Daily Times)

  Mortgage insurer MGIC Investment Corp. and rival Radian Group Inc. said Wednesday they are abandoning plans to combine the companies, citing troubles in the mortgage industry.
  2007-09-05 05:35:10

• Federal Reserve, other banking agencies, urge loan companies to help prevent mortgage defaults (Naples Daily News)

  The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages. The guidelines are not mandatory, but the regulators expressed hope that companies that collect payments on mortgages would heed the advice.
  2007-09-04 05:03:44

• U.S. banking agencies urge loan companies to help prevent mortgage defaults (CP via Yahoo! Canada News)

  WASHINGTON (AP) - The Federal Reserve and other U.S. banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.
  2007-09-04 03:26:00

• Federal Reserve, others urge loan companies to help prevent mortgage defaults (The Journal News)

  The Federal Reserve and other banking regulators issued special guidance yesterday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.
  2007-09-04 11:58:00

• Federal Reserve, other banking agencies, urge loan companies to help prevent mortgage defaults (The Times of Northwest Indiana)

  WASHINGTON | The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.
  2007-09-05 12:11:17

• Fed, Other Agencies Urge Loan Companies To Help Prevent Mortgage Defaults (New London Day)

  Washington — The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.
  2007-09-05 03:26:23

• Everett councilman proposes shame as prostitution punishment

  Everett Herald - He is being challenged by Charlene Rawson, an Everett mortgage broker who is active with the city's association of neighborhoods. City President Brenda Stonecipher, who is chairwoman of the council's public safety committee, said last week the issue ...
  2007-09-04 11:50:00

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