insurance

NHB sees more takers for reverse mortgage loans

With its new reverse mortgage loan (RML)-enabled annuity scheme offering senior citizens assured lifetime payments instead of the earlier cap of 20 years, National Housing Bank (NHB) is expecting more takers for the product. It is in talks with banks and insurance companies to expand its pool of RML facilitators.

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NHB sees more takers for reverse mortgage loans

$10,000 mortgage payment disappears

Problem Solver: After her husband died in a car accident in February, Maria Bertolo decided to use his life insurance money to pay down the mortgage. A good idea, until a payment didn’t get credited.

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$10,000 mortgage payment disappears

Goldman Hid Mortgage Moves From SEC For Months

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Goldman Hid Mortgage Moves From SEC For Months

Goldman didn’t tell SEC about mortgage moves for months

WASHINGTON — In December 2006, Goldman Sachs embarked on a frantic effort to shed billions of dollars in risky mortgage securities and purchase exotic insurance to protect itself against what it had concluded could be the collapse of America’s housing market.

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Goldman didn’t tell SEC about mortgage moves for months

Countrywide Home Loans in $150 Million Fight With Mortgage Insurer

In a case born out of the mortgage crisis, one of the United States’ largest home lenders is trying to force its mortgage insurer to pay up on claims in at least 1,400 loans. Lawyers for Countrywide Home Loans want the suit in San Francisco Superior Court, but Mortgage Guaranty Insurance Corp., which wants to go to arbitration, is battling to keep the case in federal court. The stakes are …

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Countrywide Home Loans in $150 Million Fight With Mortgage Insurer

FDIC sells $491M in distressed mortgages; Roundpoint Mortgage pays $34M for 50 percent stake

WASHINGTON - The Federal Deposit Insurance Corp. has sold $490.7 million in troubled mortgage loans from 19 banks that failed between August 2008 and March 2009 as it works through an inventory of assets from the institutions it has taken over.

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FDIC sells $491M in distressed mortgages; Roundpoint Mortgage pays $34M for 50 percent stake

Lose your job? They’ll pay mortgage (MSN Money)

Some homebuilders, lenders and agencies offer insurance that will pay your mortgage for up to 6 months if you become unemployed.

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Lose your job? They’ll pay mortgage (MSN Money)

4Q Lobbying Reached $850K for Mortgage Group (ABC News)

Mortgage Insurance Cos. of America spent $850K in 4Q to lobby on housing, insurance issues Insurance - Financial Services - Business - Mortgage - United States

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4Q Lobbying Reached $850K for Mortgage Group (ABC News)

4Q lobbying reached $850K for mortgage group (San Francisco Chronicle)

Mortgage Insurance Companies of America spent $850,000 to lobby the federal government on housing and other issues in the fourth quarter, according to a disclosure report. That’s up from the $495,000 that the trade group spent in the year-ago period, and less…

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4Q lobbying reached $850K for mortgage group (San Francisco Chronicle)

4Q lobbying reached $850K for mortgage group (AP via Yahoo! News)

Mortgage Insurance Companies of America spent $850,000 to lobby the federal government on housing and other issues in the fourth quarter, according to a disclosure report.

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4Q lobbying reached $850K for mortgage group (AP via Yahoo! News)

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