Mortgage and Financial News From 2007-11-5 Page 18

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• Jury deliberations continue in Shields' mortgage fraud case (The Kansas City Star)

  A federal jury resumed deliberations about 8:20 this morning in the mortgage fraud case involving former Jackson County Executive Katheryn Shields.
  2007-11-05 07:51:10

• IAC/InterActiveCorp to split up - CNBC

  Reuters - ... InterActiveCorp (IACI.O: Quote , Profile , Research ) plans to split into five companies, CNBC reported on Monday. IAC is controlled by media veteran and Internet investor Barry Diller. It includes shopping network HSN and the LendingTree mortgage ...
  2007-11-05 06:20:00

• Auditors getting tougher

  Cincinnati Enquirer - This has to do with how companies value their risky mortgage assets. Auditors are collectively saying they will take a hard-line approach to how this is done. The ugly numbers coming out from the likes of Merrill Lynch & Co. Inc. and other big ...
  2007-11-05 08:43:00

• Barry Diller's IAC to split into five companies

  Silicon Valley - ... said its HSN home shopping network, Ticketmaster ticketing service, Interval time-share business and LendingTree mortgage ... will keep substantially all the company's cash, and IAC shareholders will own 100 percent of the equity in all five companies ...
  2007-11-05 05:30:00

• IAC Announces Plan to Spin Off HSN, Ticketmaster, Interval and ...

  Forbes - IACI) announced today that its Board of Directors has approved a plan to separate IAC into five publicly traded companies: ... LendingTree, obviously under pressure from the macro real estate and mortgage environment, is nevertheless a valuable asset ...
  2007-11-05 06:06:00

• IAC To Split Into Five Companies

  All Headline News - HSN, Ticketmaster, time-sharing company Interval and online mortgage firm LendingTree will gain their independence. Diller said the units would benefit from becoming separate companies. IAC will retain the Ask.com search engine, along with dating ...
  2007-11-05 08:00:00

• IAC/InterActive Corp to spin off four units

  MSN MoneyCentral - ... conglomerate IAC/InterActiveCorp plans to spin off four of its businesses as publicly traded companies, the company said on Monday. IAC will spin off the HSN shopping network, its Ticketmaster ticket ordering service, Interval and mortgage ...
  2007-11-05 06:27:00

• Sub-prime crisis claims boss of biggest bank

  Los Angeles Times - Several companies indicated in the last two months that the bulk of the mortgage-related trauma had passed, but investors felt deceived when that proved untrue. O'Neal left Merrill with a $161.5-million retirement package; Prince walks away with an ...
  2007-11-05 08:29:00

• IAC/InterActiveCorp to Separate Into Five Companies (Update3)

  Bloomberg - ... network, will split into five publicly traded companies, dismantling a media and Internet conglomerate Barry Diller spent 12 years assembling after the shares slumped 20 percent this year. Profit at HSN and the LendingTree mortgage unit ...
  2007-11-05 08:14:00

• IMS Completes SAS 70 Type I Certification

  Forbes - ... resource for the mortgage servicing industry, offering loss draft, inspections and preservation, hazard claims processing, property repair and consulting services. The company was created with the sole purpose of helping mortgage servicing companies ...
  2007-11-05 06:06:00

• Home Depot, Lowe's thumped

  CNN Money - Latest Rates Active Companies Stock Price Increases Stock Price Decreases Earnings: Reports & Estimates Hot Stocks Stock Spotlight ... The turmoil in the mortgage market hurt suppliers, Baker said, especially appliance vendors with big-ticket items for sale ...
  2007-11-05 06:41:00

• AIG up as shareholder group explores options

  CNN Money - Latest Rates Active Companies Stock Price Increases Stock Price Decreases Earnings: Reports & Estimates Hot Stocks Stock Spotlight ... said Greenberg's efforts may boost AIG's stock price, which has sagged recently on worries that AIG is exposed to mortgage ...
  2007-11-05 06:41:00

• The day after: Citi's earnings take deeper hit

  CNN Money - Latest Rates Active Companies Stock Price Increases Stock Price Decreases Earnings: Reports & Estimates Hot Stocks Stock Spotlight ... to subprime securities, Citigroup Inc. revised its third-quarter earnings lower to reflect a bigger hit due to the mortgage ...
  2007-11-05 07:53:00

• Mortgage refinancing pitches keep on coming (The Salinas Californian)

  “Congratulations!” Irvine-based mortgage brokerage Sunwest Lending Group wrote in a recent mailing to a homeowner. “You have been selected to substantially reduce your mortgage payment,” the flier says, dangling a monthly payment of only $1,190 based on a 1 percent interest rate.
  2007-11-04 09:53:49

• Connect Mortgage Group plans to double in size in 2008 (Money Marketing Online)

  Mortgage outsourcing company Connect Mortgage Group says it is looking to double in size over the next 12 months by acquiring struggling packagers and small networks.
  2007-11-05 08:18:31

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