Mortgage and Financial News From 2008-1-24 Page 61

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• Gateway Financial Holdings, Inc. Declares Cash Dividend - CNNMoney.com

  Gateway Financial Holdings, Inc. Declares Cash DividendCNNMoney.com - 18 minutes ago... its Gateway Insurance Services, Inc. subsidiary, brokerage services through its Gateway Investment Services, Inc. subsidiary, and mortgage banking ...
  2008-01-24 06:42:18

• Corporate law firms: Fed cuts won't spur work - Daily Report

  Corporate law firms: Fed cuts won't spur workDaily Report, GA - 17 minutes agoMortgage-backed securities also are not directly tied to the overnight lending rate, Edwards said. The Fed's rate cuts also aren't likely to prompt ...
  2008-01-24 06:43:20

• Columbia Banking System Announces Fourth Quarter and Full Year ... - CNNMoney.com

  Columbia Banking System Announces Fourth Quarter and Full Year ...CNNMoney.com - 12 minutes agoWhile we are not immune to the instability in the residential real estate markets and mortgage-related industries, we continue to be committed to ...
  2008-01-24 06:47:28

• Harleysville National Corporation Reports 2007 Earnings of $26.6 ... - CNNMoney.com

  Harleysville National Corporation Reports 2007 Earnings of $26.6 ...CNNMoney.com - 12 minutes agoHarleysville's portfolio has virtually no exposure to subprime borrowers -- a benefit of our historically conservative approach to residential mortgage ...
  2008-01-24 06:47:28

• Old Republic Reports Fourth Quarter and Full Year 2007 Financial ... - CNNMoney.com

  Old Republic Reports Fourth Quarter and Full Year 2007 Financial ...CNNMoney.com - 12 minutes agoThe Company's mortgage guaranty insurance line bore the brunt of these difficulties, posting a substantial 2007 operating loss for both the fourth quarter ...
  2008-01-24 06:47:29

• Peoples Bancorp Inc. Reports Fourth Quarter and 2007 Results - CNNMoney.com

  Peoples Bancorp Inc. Reports Fourth Quarter and 2007 ResultsCNNMoney.com - 12 minutes ago... Trust and investment income 1344 1154 4983 4258 Electronic banking revenues 917 792 3524 3080 Business owned life insurance 424 428 1661 1637 Mortgage ...
  2008-01-24 06:47:29

• Radian to Webcast Fourth Quarter Conference Call on February 15, 2008 - CNNMoney.com

  Radian to Webcast Fourth Quarter Conference Call on February 15, 2008CNNMoney.com - 12 minutes agoRadian develops innovative financial solutions by applying its core mortgage credit risk expertise and structured finance capabilities to the credit ...
  2008-01-24 06:47:29

• Old Republic International Q4 Net Income Plummets 80.6%, Revenues ... - RTT News

  Old Republic International Q4 Net Income Plummets 80.6%, Revenues ...RTT News, NY - 11 minutes agoThe mortgage guaranty insurance line bore the brunt of these difficulties, posting a substantial 2007 operating loss. Net income for the quarter plunged ...
  2008-01-24 06:49:11

• Where is the hurt? Local businesses, experts differ on area economy - Daily Hampshire Gazette (subscription)

  Where is the hurt? Local businesses, experts differ on area economyDaily Hampshire Gazette (subscription), MA - 10 minutes ago'People are worrying about paying for insurance, school, food,' he said. 'They are extremely reluctant to spend money.' Across Main Street at Basha's ...
  2008-01-24 06:49:35

• Wall Street Extends Rally - TheStreet.com

  Wall Street Extends RallyTheStreet.com - 7 minutes ago"A report that the New York insurance regulators were discussing a bailout plan for mortgage insurers was the likely the main trigger. ...
  2008-01-24 06:52:46

• Fiscal budget has 'cancer,' US comptroller says - Austin American-Statesman

  Fiscal budget has 'cancer,' US comptroller saysAustin American-Statesman, TX - 7 minutes ago"That's like having a mortgage but no house," Walker said. The US has endured chronic budget deficits since shortly after the Bush administration took ...
  2008-01-24 06:53:17

• Will Bond Insurer Bailout Hold Water? - Minyanville.com

  Will Bond Insurer Bailout Hold Water?Minyanville.com, New York - 5 minutes agoHuge losses from insurance contracts backing subprime mortgage securities have endangered the credit ratings of these firms, who together insure $2.4 ...
  2008-01-24 06:54:23

• Harleysville National Corporation Reports 2007 Earnings of $26.6 Million and Fourth Quarter Earnings of $6.2 Million (PR Newswire via Yahoo! Finance)

  Harleysville National Corporation today reported net income of $6.2 million or $.20 per diluted share for the fourth quarter of 2007, compared to $13.3 million or $.45 per diluted share for the fourth quarter of 2006.
  2008-01-24 06:31:00

• Gateway Financial Holdings, Inc. Declares Cash Dividend (PrimeNewswire via Yahoo! Finance)

  VIRGINIA BEACH, Va., Jan. 24, 2008 -- Gateway Financial Holdings, Inc. , the holding company for Gateway Bank & Trust Co., announced that its board of directors declared a fourth quarter cash dividend of $0.08 per share.
  2008-01-24 06:31:44

• European, Asian markets rise after Wall Street's comeback (Charlotte Sun)

  LONDON (AP) -- European markets surged Thursday as a stunning comeback on Wall Street a day earlier heartened investors worried about the U.S. economic outlook.
  2008-01-24 06:35:04

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