1/12 Yahoo! Finance: Surety & Title Insurance Industry News

Yahoo! Finance: Surety & Title Insurance Industry News         Government 'Fixes'...Unintended Consequences January 12, 2011 at 7:23 AM         CoreLogic Announces Agreement to Acquire Australian Firm RP Data January 12, 2011 at 12:08 AM   [PR Newswire] - CoreLogic , a leading provider of information, analytics and business services, announced today an agreement with the independent board of directors of RP Data Limited "RP Data" to recommend to RP Data shareholders the acquisition by CoreLogic of all of the outstanding shares of the company for a price of A$1.65 per share plus assumption of existing debt.  In conjunction with the transaction, RP Data proposes to declare a special dividend of A$0.05 per share to shareholders of record at the close of the transaction.  CoreLogic currently holds a 40-percent equity interest in RP Data which it has acquired over the past four-and-a-half-years at an average price of A$1.08 per share.  The total purchase price is A$194 million and consists of A$149 million for the remaining 60-percent equity and the assumption of A$45 million of bank debt.  The transaction is subject to shareholder and regulatory approval and is projected to close in the second quarter of 2011.         PMI Group Shares Popped: What You Need to Know January 11, 2011 at 9:52 PM         MBIA restructuring plan upheld by NY court January 11, 2011 at 9:45 PM   [AP] - Shares of MBIA Inc., which insures municipal bonds, surged in afternoon trading Tuesday after a New York appeals court ruled that the company's 2009 restructuring plan was legally valid.         MBIA Shares Pop Over Court Win January 11, 2011 at 9:43 PM         North Texas economic signs mixed January 11, 2011 at 9:05 PM         Report Touts Mortgage Insurance Model, But Critics Loom January 11, 2011 at 8:56 PM         New York Supreme Court Appellate Division Overturns Lower Court and Grants MBIA's and National Public Finance Guarantee Corp.'s Motion to Dismiss Bank Group Plenary Action January 11, 2011 at 8:39 PM   [Business Wire] - MBIA Inc. today announced that the Appellate Division of the New York State Supreme Court has reversed an earlier decision by a lower court and granted MBIA's motion to dismiss the plenary lawsuit brought by a group of banks challenging the Company's Transformation.         [$$] MBIA Wins Ruling on Its Restructuring January 11, 2011 at 7:35 PM         Appeals court throws out case against MBIA: report January 11, 2011 at 6:22 PM         MBIA shares jump 15% January 11, 2011 at 6:05 PM         CoreLogic® Home Price Index Shows Decline for Fourth Straight Month January 11, 2011 at 2:00 PM   [PR Newswire] - CoreLogic , a leading provider of information, analytics and business services, today released its November Home Price Index which shows that home prices in the U.S. declined for the fourth month in a row.  According to the CoreLogic HPI, national home prices, including distressed sales, declined by 5.07 percent in November 2010 compared to November 2009 and declined by 3.35 percent* in October 2010 compared to October 2009.  Excluding distressed sales, year-over-year prices declined by 2.21 percent in November 2010 compared to November 2009 and declined by 2.24* in October 2010 compared to October 2009.  Distressed sales include short sales and real estate owned transactions.             This email was sent to bruno.jovanov.insurance@blogger.com. Delivered by Feed My Inbox PO Box 682532 Franklin, TN 37068 Account Login Unsubscribe Here