S&P Lowers Risk of Further Downgrades of PMI Group, But Maintains Negative Outlook

Standard & Poor’s Ratings Services lowered the risk of an additional downgrade on mortgage insurance company PMI Group Inc (NYSE:PMI), saying they expect the company to maintain solvency through at least the second quarter of 2012. Last month, S&P downgraded PMI two notches and put the company under further review for downgrades, saying they expected [...]

Loan data highlights weak outlook for consumer spending

Loan data highlights weak outlook for consumer spending
The weak outlook for UK consumer spending was highlighted by worse-than-expected tick-up in mortgage approvals, weak consumer credit growth, and the biggest slump in service sector output in over a year …
Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance

Fitch Rates New Plan Learning Inc. Project (OH) Revs, ‘BBB-’; Outlook Stable

Fitch Rates New Plan Learning Inc. Project (OH) Revs, ‘BBB-’; Outlook Stable
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned a ‘BBB-’ rating to the following Industrial Development Authority of the County of Pima’s New Plan Learning Inc. Project (NPLP) Educational Facility Revenue bonds: –$41.975 million tax-exempt series 2011A; –$0.730 million taxable series 2011B. The fixed rate series [...]

Macro events cloud equities outlook in 2011

Macro events cloud equities outlook in 2011
Despite the Australian sharemarket only returning a modest gain of 1.9 per cent over the 2010 calendar year, Australia remains vulnerable to recent global events, according to Lonsec.
Read more on Money Management

A.M. Best Revises Outlook to Stable of New Era Life Insurance Company and Its Subsidiaries

A.M. Best Revises Outlook to Stable of New Era Life Insurance Company and Its Subsidiaries
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of B+ and issuer credit ratings of “bbb-” of New Era Life Insurance Company and its subsidiaries, Philadelphia American Life Insurance Company and New [...]

Home repossessions fall in Q4 but outlook murky

Home repossessions fall in Q4 but outlook murky
Fewer people in Britain had their homes repossessed in the last three months of 2010 with low interest rates keeping many struggling Britons afloat data showed on Thursday.
Read more on Reuters via Yahoo! UK & Ireland News

Mortgage Rates Review & Outlook 4/17/09 – Houston, Spring, The Woodlands, Tomball, Conroe, TX

www.hlstx.com – Mortgage rates eased this week to near record lows for the 30-year fixed rate mortgage and record lows for the 15-year fixed rate. Our review and outlook for the home loan market for buyers and homeowners interested in refinancing their mortgage in Houston, Spring, Tomball, The Woodlands and Conroe, TX.

Fitch Rates Nevada’s $197MM GO Bonds ‘AA+’; Outlook Stable

Fitch Rates Nevada’s $197MM GO Bonds ‘AA+’; Outlook Stable
NEW YORK–(BUSINESS WIRE)–Fitch Ratings assigns an ‘AA+’ rating to the following State of Nevada general obligation (Limited Tax) (GO LT) bonds: –$95.12 million capital improvement and refunding bonds series 2010C; –$18.1 million natural resources and refunding bonds series 2010D; –$34.325 million open space, parks and cultural resources [...]

Fitch Rates Cigna’s $250MM Sr. Unsecured Notes ‘BBB’; Outlook Negative

Fitch Rates Cigna’s $250MM Sr. Unsecured Notes ‘BBB’; Outlook Negative
Fitch Ratings has assigned a ‘BBB’ rating to Cigna, Corp.’s issuance of 10-year, $250 million 4.375% senior unsecured notes. The ratings are equivalent to Fitch’s ratings on Cigna’s currently outstanding senior unsecured notes.
Read more on Business Wire via Yahoo! Finance

Housing Outlook – Low Mortgage Rates Make This Great Time to Buy Home – Bloomberg

Interview with Toll Brothers CFO Joel Rassman (Bloomberg News)

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