Virginia Modular Homes

Heard Around 9/10/2008

by Savannah It’s Fed Cup weekend and Spain will play Russia, in Spain, for the World Group title. The Spanish team consists of Anabel Medina Garrigues, newcomer to the team Carla Suarez Navarro, Nuria Llagostera Vives and Virginia Ruano Pascal. Miguel Margets Lobato will captain the squad. The Russians will be represented by [...]

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FTC fines Bear Stearns for mortgage violations

The Federal Trade Commission Tuesday took a mighty swing at a company that contributed to the recent — though now, late — mortgage debacle. Unfortunately, the $28 million fine will not curb any unlawful practices at Bear Stearns Cos. … Continue here: FTC fines Bear Stearns for mortgage violations Share and Enjoy:

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Downgrade Of Mortgage Insurers Heightens Probability Of A Systemic …

Lauren Pollock of the Wall Street Journal reported this week that Standard & Poor’s Ratings Services downgraded its credit ratings on the units of three mortgage insurers, reflecting its expectations for increased claims and concerns … Continue here: Downgrade Of Mortgage Insurers Heightens Probability Of A Systemic …

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Say ‘Goodbye’ to 95% Fannie/Freddie Loans. 10% Soon to be Required.

At the time I was extremely concerned that there were only two mortgage insurance companies left who would insure to the Fannie/Freddie maximum loan-to-value ratio of 95 down in the hardest hit states will take … More here: Say ‘Goodbye’ to 95 Soon to be Required.

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Mortgage Insurer Downgrades - This One Could Sting

Kind of like the Bond insureres (Ambac and MBIA) near failure reeking havoc in the structured finance world, the mortgage insurer’s failure could hit everything else. Without mortgage insurance the individual mortgage units do not have … Here is the original: Mortgage Insurer Downgrades - This One Could Sting

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