Australian mortgages

Australian mortgages

AMP will offer mortgage protection insurance for Aussie customers Aussie says average Australian under-insured by $242,000 More personal finance news in our Money section MORTGAGE broker Aussie Home Loans has formed a strategic alliance with AMP ...

AMP to insure Aussie mortgages - News.com.au

The Federal Housing Administration, a U.S. agency that is rapidly shouldering more of the risk on home loans, raised the premiums it charges for insuring that mortgages will be repaid. In a posting on its Web site Tuesday, the FHA said the upfront ...

FHA Raises Its Premiums to Insure Repayment of Mortgages - Wall Street Journal

WALNUT CREEK, Calif. - Mortgage insurer PMI Group Inc. said Tuesday night a recent cut of its ratings by Standard & Poor's does not affect its claims-paying resources or liquidity. On Tuesday, S&P cut PMI Group's counterparty rating to "BBB-" from ...

PMI liquidity unchanged after ratings cuts - CNBC

Aug. 26 (Bloomberg) -- Suncorp-Metway Ltd. , Australia's third-largest general insurer, posted a 68 percent drop in second-half profit as storms increased payouts and falling financial markets cut investment income. Net income declined to A$174 ...

Suncorp-Metway's Second-Half Profit Falls on Storms, Markets - Bloomberg

SYDNEY, Aug 27 (Reuters) - General Electric Co <GE.N> has extended the deadline for bids for its Australian mortgage business, worth a potential A$200 million ($171 million), a source with direct knowledge of the matter told Reuters on Wednesday ...

GE's Australia sale deadline extended-source - CNBC

Democrats gathered in Denver on Monday with the economy's woes muscling to the top of political concerns, as reflected in further drops in stocks and housing prices. The Dow Jones Industrial Average tumbled 241.73 points, or 2.1%, to 11386.33, amid ...

Shaky Economy Challenges Ambitious Obama Agenda - Wall Street Journal

The dollar rose against its rivals Tuesday following better-than-expected US housing data as well as minutes from the latest FOMC meeting indicating Fed policy makers were done cutting interest rates but the timing of any rate increase was data ...

EUR/USD Likely Testing Long−term Uptrend - FXStreet.com

Aug. 27 (Bloomberg) -- The European Central Bank must ensure cash-strapped financial institutions don't take advantage of its money-market auctions, council member Axel Weber said. ``We are monitoring banks' use of the collateral framework very ...

Weber Says ECB Must Ensure Banks Don't `Abuse' Collateral Rules - Bloomberg

Sales of new homes rose 2.4 per cent in July, but prices continued to slide, according to the Commerce Department. The S&P/Case-Shiller home-price index told a similar story, hitting record lows in June and echoing an existing homes sales report from ...

Wall Street mostly higher as lenders gain - The Australian

----- Canadian Retail Strategy Continues to Deliver Good Results Including Record Net Income in Private Client Group BMO Capital Markets Reports Strong Revenue Growth Provisions For ...