...First American Title Insurance Company's divisional president for California and Hawaii. First American also said it's ""offering a 40-percent discount on title insurance for fire victims securing a new deed...
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OFHEO Proposes Capital Rules for GSEs
...change is proposed because the current treatment of FHA insurance associated with single-family loans with an LTV below 78-percent is inconsistent with current law. The proposed changes in the NPR...
Read More »FDIC Chairperson: Put Subprime Borrowers into Fixed Rate Loans
""Federal Deposit Insurance Corp."":http://www.fdic.gov (FDIC) Chairperson Sheila Bair recently told investors at a conference that the financial community can help stabilize the economy by trying to refinance struggling subprime borrowers...
Read More »U.S. House Passes Mortgage-Related Tax Bill
...troubled borrowers. The bill—HR 3648—would ""extend the deductibility for mortgage insurance premiums for seven years and exclude discharges of debt on primary residences from gross income,"" the MBA said in...
Read More »Old Republic National Title Insurance Co. Hires Marc Rittenhouse
""The Old Republic National Title Insurance Co"":http://www.oldrepublictitle.com. has hired Marc Rittenhouse as manager of its residential information services division (ORTRIS). In his new role, Rittenhouse will report to the senior...
Read More »PMI Group Inc. Appoints Chief Economist and Strategist
...chief economist and held senior management positions at Wharton Econometric Forecasting Associates. ""PMI is one of the world's foremost providers of mortgage insurance and a well-respected leader in the mortgage...
Read More »FDIC Closes NetBank
Alpharetta, Georgia-based ""NetBank"":http://www.netbank.com was closed late last week by the Office of Thrift Supervision and the Federal Deposit Insurance Corp., according to a press release posted on the bank's Web...
Read More »Should Fiscal Responsiblity and Loss Mit Begin in Grade School?
...like spending, budgeting, banking, money management, credit, income, and borrowing receive less attention. The least taught subjects include financial planning, consumer rights, insurance, investing, and income taxes, according to NFI....
Read More »Kansas Bankruptcy Judges Increase Requirements for Servicers
...a demand for payment or an attempt to collect on a payment; Contact debtors about insurance coverage; respond to inquiries and requests for information from the debtor; send debtor statements,...
Read More »Financial Regulators Ask Institutions to Identify At-Risk Borrowers
...Insurance Corp. the Office of the Comptroller of Currency, the Office of Thrift Supervision, the National Credit Union Administration, and CSBS—expressed their worries over a series of adjustable-rate mortgages that...
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