Mortgage and Financial News From 2008-4-22 Page 4

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• Forklift Operator Injured on Romulus Farm (R News)

  A man was airlifted to the hospital after an accident on a Romulus farm Monday afternoon. Sheriff's deputies say Stephen Hertzler, 32, of Romulus was operating a forklift when the frame broke and a metal object hit him in the face.
  2008-04-22 04:31:48

• AP Executive Morning Briefing (Miami Herald)

  The top business news from The Associated Press for the morning of Tuesday, April 22, 2008:
  2008-04-22 04:33:41

• Midland district court handles 18,250 cases in 2007 (Midland Daily News)

       When Midland County District Court Judge John H. Hart says "we get it all," he really means it.
  2008-04-22 04:56:06

• Veros Announces Eighteen-Month Market Valuation Forecasts (Centre Daily Times)

  Veros Real Estate Solutions recently released the results of the company's quarterly review of their forecasts for the nation's residential real estate markets covering the period from March 1, 2008 through March 1, 2009. Veros has been developing and releasing these quarterly forecasts since their first release in October, 2003, having four solid years of forecasting behind them. As Veros' Eric ...
  2008-04-22 05:59:35

• FirstClose(TM) Announces Strategic Alliance With America's Home Rescue(TM) (Business Wire via Yahoo! Finance)

  AUSTIN, Texas & LAS VEGAS----FirstClose, a service of First Lenders Data, Inc., an Austin, Texas-based provider of technology services for the mortgage lending industry, announced today that it has formed a strategic alliance with America's Home Rescue, LLC to provide technology services designed to significantly streamline the pre-foreclosure and Short Sale process.
  2008-04-22 06:11:00

• BancorpSouth posts $35.1M quarterly income (Northeast Mississippi Daily Journal)

  TUPELO - BancorpSouth, which has BancorpSouth Bank as a wholly owned subsidiary, on Monday reported first-quarter net income of $35.1 million, up 4.7 percent from $33.6 million in the same period last year.
  2008-04-22 04:36:39

• Teachers award Crystal Apples to outstanding colleagues | By Lisa Coalwell The Reporter-Herald (Loveland Reporter-Herald)

  Teachers often get paperweights as gifts from students, not from their peers. Monday, though, several local educators took home crystal apples as kudos from their colleagues.
  2008-04-22 04:48:12

• PMI Launches New Training Site to Improve Efficiency and Reduce Costs (PR Newswire via Yahoo! Finance)

  PMI Mortgage Insurance Co., a subsidiary of the PMI Group Inc. , today announced the launch of PMI Training Bootcamp, an online training web site for customers that significantly extends the reach and resources of PMI's training department.
  2008-04-22 05:00:00

• First Reliance Reports Record 1st Quarter Net Income of $826,123 - Up 17% (PR Newswire via Yahoo! Finance)

  First Reliance Bancshares, Inc., , the holding company for First Reliance Bank, today announced unaudited net income for the quarter ended March 31, 2008 of $826,123.
  2008-04-22 05:00:00

• RBS: Another $11.7 Billion In Mortgage Losses (NBC 5 Chicago)

  Royal Bank of Scotland said Tuesday it had suffered $11.7 billion in additional losses and was forced to raise $23.9 billion in new capital to cover exposure to toxic U.S. loans.
  2008-04-22 05:05:24

• Moneysupermarket.com revenues holding up well (icWales)

  Price comparison website Moneysupermarket.com today said revenues were holding up well despite the turbulence in the loan and mortgage markets.
  2008-04-22 05:06:54

• Struggling homeowners could get new government-backed loans (FOX 6 News San Diego)

  A Democratic bill aimed at helping homeowners who are struggling with their mortgages is making its way through the House.
  2008-04-22 03:22:35

• Abbey reduces rates on its tracker mortages (Banking Business Review)

  Abbey Banking has announced that it is reducing rates on its two-year tracker and flexible mortgages by 0.1%.
  2008-04-22 03:23:34

• Lenders derail plan to let bankruptcy judges modify mortgages (Newsday)

  The Mortgage Bankers Assn. says the measure would raise interest rates, but critics contend this claim is based on faulty data. Sherrie Floyd says she was able to handle the first reset on the $505,000 mortgage she had taken out to refinance her Vallejo, Calif., home. And the second.
  2008-04-22 03:24:56

• RBS unveils rights issue after fresh hit (The Globe and Mail)

  LONDON (Reuters) - Royal Bank of Scotland unveiled a record 12 billion pound ($24 billion) rights issue to cover a potential 5.9 billion pound writedown on the value of toxic assets and help rebuild a stretched balance sheet.
  2008-04-22 03:26:05

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