Mortgage and Financial News From 2007-10-22 Page 5

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• Equifax Delivers Solid Revenue and Strong Operating Income Growth in ...

  MSN MoneyCentral - Mortgage Reporting Solutions revenue was $16.9 million, down 3 percent; -- Credit Marketing Services revenue was ... Businesses - large and small - rely on us for consumer and business credit intelligence, portfolio management, fraud ...
  2007-10-22 02:17:00

• Shields fraud case goes to trial

  Kansas City Star - The federal mortgage-fraud case against former Jackson County Executive Katheryn Shields gets underway today. Shields, along with her husband Phillip Cardarella and two others face charges of conspiracy and wire fraud involving the proposed $1.2 ...
  2007-10-22 02:22:00

• Hearing in Macomb Co. fraud case delayed (Detroit Free Press)

  A hearing scheduled for today that could have led to the discipline of five top Macomb County officials was postponed until Oct. 29. The officials are under fire for their handling of a heath care fraud case.
  2007-10-22 09:33:42

• Two Residents Plead Guilty To Medicare Fraud (KOAT Albuquerque)

  Two Bernalillo County residents plead guilty to Medicaid fraud charges.
  2007-10-22 10:58:52

• Shields fraud case goes to trial (The Kansas City Star)

  The federal mortgage-fraud case against former Jackson County Executive Katheryn Shields gets underway today.
  2007-10-22 04:28:07

• Shields' lawyer blames con man as mortgage fraud trial opens (The Kansas City Star)

  Lawyers opened the mortgage fraud trial of former Jackson County Executive Katheryn Shields today by painting contrasting portraits of the remaining defendants in the case.
  2007-10-22 03:28:09

• Organizing a Big Bank Bailout

  US News and World Report - But the very need for the federal government to referee a collaborative effort among three blue-chip companies suggests that the problems in the mortgage market are far from over. "Despite what the market perceived in September when investment banks ...
  2007-10-22 03:43:00

• Canada Stocks Rebound From Selloff; Financials, Royal Bank Gain

  Bloomberg - Royal Bank of Canada paced gains among financial companies, after its bond sale was oversubscribed. Banks were also boosted after Bear Stearns Cos., a U.S. bank reeling from mortgage-related losses, got a $1 billion investment from China ...
  2007-10-22 02:10:00

• Equifax has lower 3rd quarter net, but exceeds view

  Reuters - ... however, had expected the Atlanta-based company to earn 47 cents a share on a net basis, according to Reuters Estimates, as the credit crisis takes its toll on companies that provide financial information. While revenue at the company's U.S. mortgage ...
  2007-10-22 03:50:00

• U.S. stocks rebound as dollar up vs euro

  MSN UK News - But concerns about other industries remained, after Lehman Brothers downgraded companies in the mortgage finance sector, hurting such stocks as Countrywide Financial . On Nasdaq, "it's really a few big-cap names attracting all the momentum ...
  2007-10-22 04:05:00

• UPDATE 1-Fannie, Freddie shouldn't add risk, regulator says

  Reuters - The two companies have enough flexibility to provide liquidity to subprime mortgage markets, Lockhart said. Markets for jumbo mortgages -- ones over $417,000 -- are already "self-correcting" and differences between borrowing costs for jumbo loans ...
  2007-10-22 12:37:00

• Countrywide, Washington Mutual fall

  Reuters - Last: NEW YORK (Reuters) - Shares of mortgage finance and specialty finance companies declined before the opening bell on Monday after Lehman Brothers cut its ratings on the sector. Countrywide Financial Corp (CFC.N: Quote , Profile , Research ...
  2007-10-22 10:57:00

• Exclusive Reports

  Austin Business Journal - ... funds to build new clinics [Tuesday] Cornerstone Health Group deal completed [Tuesday] Hutto's Aanstoos moves over to Taylor [Tuesday] YouthWorks gets $500,000 [Monday] New plan for Brackenridge Tract discussed [Monday] Abbott addresses mortgage companies ...
  2007-10-22 02:39:00

• Find Mortgage

  Colleyville Courier - Beat the Mortgage Crunch. Local Lenders Compete for You. Apply. Compare up to four free mortgage quotes by completing an easy online form. Competitive rates from leading mortgage companies. No obligation. Available throughout America. See the ...
  2007-10-22 10:28:00

• Sector roundup: Mortgage finance companies downgraded, pharmaceuticals ...

  CNBC - NEW YORK (AP) _ A Lehman Brothers analyst downgraded a battery of mortgage lenders and insurers on Monday, saying the struggling housing market will indefinitely make business difficult for companies exposed to people missing payments on home loans ...
  2007-10-22 02:46:00

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