Types Of Bankruptcy

Laurentian Bank changes its mortgage rates (CNW Group via Yahoo! Finance)   Laurentian Bank has changed its mortgage rates. The changes are as follows:read more...


Keeping Company With Colonial Flair    The gateway to Port Royal doesn't do justice to the community within. read more...


Veterans have another mortgage option (Austin American-Statesman)  Shoved aside by the hot mortgage products of recent years, Veterans Affairs mortgage loans are making a comeback and are a viable financing alternative for veterans looking to secure an


Corzine's ex-girlfriend faces re-election foe (Reg Req'd)  Local union chief Carla Katz, who became embroiled in the gubernatorial campaign for accepting a $470,000 mortgage loan-turned-gift from Sen.read more...


The Bubble   The black-tie party at Washington's swank Mayflower Hotel seemed a fitting celebra tion of the biggest American housing boom since the 1950s: filet mignon and lobster, a champagne room and


Cool Data & Hot Choices  Tuesday's update on existing home sales confirmed what Monday's new home sales only hinted at: the real estate market's cooling.read more...

August 7th, 2007

MGIC says it can nix Radian acquisition following mortgage impairment charges

“Radian is not aware of any developments that would impact MGIC’s obligation to close the merger”

MGIC Investment Corp. said Tuesday it does not believe it has to complete its US$4.9 billion purchase of Radian Group Inc., after their joint interest in a mortgage investor became all but worthless. via Canadian Business Magazine



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