Mortgage and Financial News From 2008-2-1 Page 61

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• Tax Diversification for Retirement Accounts (BusinessWeek Online via Yahoo! News)

  Editor's note: This is an extended version of a story published in the Feb. 11, 2008 issue of BusinessWeek magazine.
  2008-02-01 05:08:45

• Senate leaders prepared to vote on stimulus bill early next week ...

  Forbes - However, Reid said there would be amendments brought up on the floor to increase funding for home heating oil subsidies, food stamps, expanded unemployment insurance, mortgage counselling, and money that would allow seniors and veterans to receive ...
  2008-01-31 01:41:00

• Redlining haunts U.S.: HUD chief

  Chicago Sun-Times - Instead, they took their business to mortgage insurance companies that are totally unregulated and mortgage brokers with some regulation, but nowhere near as much as banks. "When we walk down to Northern Trust, Bank of America or Chase and they say ...
  2008-01-29 03:59:00

• Boistfort mud yields to grit

  Seattle Times - And there are the letters from insurance and mortgage companies that bring frustration, or relief. Moyer and relief postmaster Marg Parker are there, standing at the counter while envelopes are torn open and hearts are poured out. "How you doin ...
  2008-02-01 12:03:00

• Senate delays debate on stimulus bill

  Boston Globe - He will first offer a package of Democratic changes that will include unemployment insurance and food stamp extensions, heating assistance for the poor, home weatherization funds, mortgage counseling, and a plan to allow states to offer tax-free ...
  2008-02-01 02:05:00

• Q&A: Can key bond insurers survive mortgage crisis?

  Newsday - ... are wondering whether bond insurers will be able to survive the crisis that began with problems in the subprime mortgage ... Eric DiNallo, the state insurance superintendent and the supervisor of MBIA, has taken the lead in trying to patch up the ...
  2008-02-01 03:10:00

• Tax filing season arrives this year with lots of little quirks

  Detroit News - Leading the list of new items for 2007 are tax breaks for homeowners facing foreclosure or struggling with house payments that include mortgage insurance premiums. Mortgage insurance is required by government and private lenders on home purchases in ...
  2008-01-31 10:02:00

• Mortgage insurers PMI Group, Triad Guaranty on review for downgrade ...

  Forbes - MUMBAI (Thomson Financial) - Moody's Investors Service placed a number of mortgage insurers on review for possible downgrade, citing continued US mortgage market stress and 'significant uncertainty' about the amount of mortgage insurance claims that ...
  2008-01-31 11:13:00

• MBIA optimistic on credit rating despite £3.5bn writedown Cardiff ... - Financial News Online US

  MBIA optimistic on credit rating despite £3.5bn writedown Cardiff ...Financial News Online US, UK - 2 hours ago... its AAA credit rating as it attempts to restore confidence that the bond insurance industry can persevere despite writedowns on structured products. ...
  2008-02-01 02:32:38

• Why bond insurers are stumbling - MoneyWeek (Subscription)

  Why bond insurers are stumblingMoneyWeek (Subscription), UK - 2 hours ago... just as small insurer ACA has been, as downgrades on mortgage assets and CDOs mount? Now New York State Insurance Superintendent Eric Dinallo is holding ...
  2008-02-01 02:46:00

• Coping with a crisis: ABI advice on protecting your financial needs - The FINANCIAL

  Coping with a crisis: ABI advice on protecting your financial needsThe FINANCIAL, Georgia - 2 hours agoInsurance can, however, play an important role in helping people to meet their financial commitments. Statistics show that 23% of people will be jobless at ...
  2008-02-01 02:48:59

• Gold Hits New All-Time High After New Record Month; South African ... - BullionVault (press release)

  Gold Hits New All-Time High After New Record Month; South African ...BullionVault (press release), UK - 1 hour ago"Mr.Ackman is a slick salesman who doesn't know much about insurance," counters Martin Whitman, whose Third Avenue Management fund owns 10% of MBIA's stock. ...
  2008-02-01 03:02:27

• Clinton Obama show in California - Merinews

  Clinton Obama show in CaliforniaMerinews, India - 1 hour agoObama is willing to provide subsidies for those who cannot afford health care insurance by making his programme voluntary. Clinton and Obama, wake up and ...
  2008-02-01 03:07:08

• Troubled bond insurers cast a giant pall - Chicago Tribune

  Troubled bond insurers cast a giant pallChicago Tribune, United States - 1 hour agoThose swings have made stock investors nervous, and the news about insurance companies such as MBIA Inc. and Ambac Financial Group Inc. have municipal bond ...
  2008-02-01 03:31:04

• Oshkosh Truck Corporation Reports First Quarter EPS of $0.50 - Business Wire (press release)

  Oshkosh Truck Corporation Reports First Quarter EPS of $0.50Business Wire (press release), CA - 1 hour ago... the Company’s estimates for the level of concrete placement activity, housing starts, non-residential construction spending and mortgage rates; ...
  2008-02-01 03:34:35

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