Latest Mortgage protection News

Sale of single premium PPI is to be banned

The Competition Commission (CC) has published its final report into the Payment Protection Insurance (PPI) market. Commenting on the Competition Commission's final report into PPI, Ian Williams, director of communications at moneysupermarket.com, said: "As a product there is nothing fundamentally wrong with payment protection insurance; indeed ABI stats recently showed a 118 per cent increase in unemployment claims on PPI policies demonstratin... [more]

A typical family could easily save over £2,350 each year in its insurance bill

With simple steps, a typical family can save over £2,350 each year on its insurance fees. Insurance is a vital part of everyday finances for us all, but there is no need to pay over the odds for it. Andy Leadbetter, managing director of insurance at moneysupermarket.com, said: "While insurance is essential for financial security and peace of mind, it is important Brits only opt for a level of cover relevant to their needs, and at the best ava... [more]

Financial crisis panel tells NV leaders to be bold

From mortgage problems to education and budget issues, Nevada leaders on Wednesday delivered a sobering assessment of the state's future as a result of the Great Recession during seven hours of testimony before a federal panel investigating the country's financial meltdown.

Payment protection insurance: if you really want it, where do you go?

As new rules by the FSA come into force, the industry is bracing itself for £2bn-worth of mis-selling claims. So if you need cover get the very best advice There is nothing wrong in the principle of payment protection insurance – it's just that it was (and in some cases remains) hugely overpriced, and contained terms that made it difficult for many to claim. But what if you really want a ...

Mortgage data pool looms

(EXCLUSIVE) Homebuyers' mortgage histories are set to be shared among banks from next year - if the privacy commissioner gives the go-ahead.

House OK’s financial overhaul bill

A sharply divided House yesterday passed the most dramatic overhaul of US financial regulations since the Great Depression, voting to establish a new borrower protection agency and give the government sweeping new powers to crack down on the types of Wall Street practices that caused last year’s economic meltdown.

Pittsburgh Hilton Hotel May Seek New Brand Name

There are new developments in the Hilton Hotel saga.  The hotel may be looking for a brand new name.  This comes after losing its Hilton franchise, facing a mortgage foreclosure complaint and filing for Chapter 11 bankruptcy protection.

Chinese Trade Surplus May Stoke Tension

China may tomorrow say that its trade surplus topped $20 billion for a third month in August in a report that risks stoking American lawmakers’ calls for protection from Chinese imports.

Hilton operator broke, lender tells court

Shubh Hotels Pittsburgh LLC appears to have no money to continue running the former Pittsburgh Hilton Hotel, the mortgage lender for the Downtown landmark said Wednesday, urging a bankruptcy judge to allow a foreclosure.

Panel examining recession's causes meets in Vegas

Nevada had unrealistic growth expectations before the nation's financial meltdown battered the state's tourism industry and erased billions of dollars in real estate equity, an economist told a federal commission examining the causes of the Great Recession.

Someone to keep the scallywags at bay

For a good portion of this summer I have been watching with amazement at the procrastination of our elected representatives in supporting the appointment of Elizabeth Warren to head the new Consumer Financial Protection Bureau. The reason is the banks, credit card companies, moral and immoral money lenders, plus other assorted scallywags have had their messenger boys telling them she is not the ...

GeoLearning Old Republic Home Protection Increases Efficiency With GeoMaestro LMS

GeoLearning, Inc., provider of the leading Software as a Service GeoMaestro Learning Management System and comprehensive Managed Learning Services, announced today that the nation's third largest home warranty company is utilizing the GeoMaestro⢠LMS to deliver information faster and cheaper to its employees spread across 27 states.