Mortgage and Financial News From 2007-11-13 Page 18

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  • Third Avenue Discloses 19 Percent Stake in Radian (Update5)

    Bloomberg - Third Avenue joins Old Republic International Corp. in boosting its investment in mortgage insurance after the worst housing slump in 16 years contributed to record third-quarter losses for the industry. Old Republic, the Chicago-based insurer ...
    2007-11-13 01:06:00
  • Radian investor boosts holdings

    Philadelphia Inquirer - Third Avenue Management L.L.C., a New York value investor, boosted its holdings of Radian Group Inc. to 18.81 percent of the company's stock. That makes it the biggest shareholder of Radian, the Philadelphia seller of private mortgage insurance and ...
    2007-11-13 07:43:00
  • First American Mortgage Information Services Group Awarded Best ...

    Forbes - Title Insurance and Services, Specialty Insurance, Mortgage Information, Property Information and First Advantage. More information about the company and an archive of its press releases can be found at www.firstam.com. Media Contact ...
    2007-11-13 05:35:00
  • Radian Group shares rise; Third Avenue Management discloses 18.81 ...

    Forbes - Radian is a mortgage insurance credit company based in Philadelphia. Its stock rose 14% to $12.70. Ryan Vlastelica rv/jw COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson ...
    2007-11-13 11:47:00
  • Investor Reports 18.8 Pct Radian Stake

    Forbes - Radian Group Inc. shares surged Tuesday after investment adviser Third Avenue Management LLC reported taking a 18.8 percent stake in the credit-risk management and mortgage insurance firm. Radian Group (nyse: RDN - news - people ) shares jumped $1.64 ...
    2007-11-13 09:31:00
  • Movers Roundup: Radian Group, Amerigroup

    CNBC - NEW YORK (AP) _ Radian Group Inc. shares surged Tuesday after investment adviser Third Avenue Management LLC reported taking a 18.8 percent stake in the credit-risk management and mortgage insurance firm. VIRGINIA BEACH, Va. (AP) _ Shares of health ...
    2007-11-13 11:47:00
  • Investors eye the shares of mortgage insurers

    Reuters - People take out mortgage insurance when they buy homes and borrow to finance more than 80 percent of the cost. If a borrower defaults, the mortgage insurer reimburses the lender for losses, up to a point. But mounting defaults and foreclosures ...
    2007-11-13 10:28:00
  • Bank of America Expands Reverse Mortgage Business to Southeast (PR Newswire via Yahoo! Finance)

    Bank of America today announced that it has expanded its consumer reverse mortgage business to the Southeast, making its Senior Equity Reverse Mortgage suite of products available in Georgia, North Carolina and South Carolina.
    2007-11-13 05:00:00
  • Mortgage insurer stocks soar after Third Avenue discloses 19% stake in Radian (Sharewatch)

    NEW YORK (Thomson Financial) - Shares of mortgage insurers surged Tuesday with investor sentiment boosted after Third Avenue Management LLC, the investment adviser to Third Avenue Funds, disclosed an 18.8% stake in Radian Group Inc.
    2007-11-13 01:00:52
  • Examining ins and outs of home insurance (The Star-Ledger)

    In the aftermath of Southern California's devastating wildfires, you might be thinking more about your insurance. What can you expect from your insurance company? How quickly will you be reimbursed? How much will you get, and how can you make the most of it?
    2007-11-13 05:08:37
  • Bank of America expands reverse mortgage program (BizJournals)

    Bank of America said it will bring its consumer reverse mortgage business to Florida later this month. (BAC)
    2007-11-13 07:03:51
  • Movers Roundup: Radian Group, Amerigroup (AP via Yahoo! Finance)

    Radian Group Inc. shares surged Tuesday after investment adviser Third Avenue Management LLC reported taking a 18.8 percent stake in the credit-risk management and mortgage insurance firm.
    2007-11-13 11:52:37
  • Russian agency delays second mortgage bond issue (Reuters via Yahoo! Singapore News)

    MOSCOW, Nov 13 - Russia's mortgage agency said on Tuesday it will wait until state-run development institutions are able to invest in mortgage-backed securities before going ahead with a new 10 billion-rouble issue.
    2007-11-13 07:28:20
  • After Fires, Homeowners Feeling Insurance Pinch (New York Times)

    Many of the 14,000 homeowners who suffered losses in recent wildfires in Southern California are discovering that the insurance on their homes might not be enough to rebuild them.
    2007-11-12 06:26:22
  • Employer-provided insurance continues to decline (USA Today)

    The percentage of people with health insurance through their employers traditionally the way most people get coverage is continuing to shrink, raising anxiety among workers and invigorating a debate about whether insurance should be tied to jobs.
    2007-11-13 04:46:51