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Limited interest closes doors at some area lenders - Crescent-NewsDozens of "payday loan" stores across Ohio have announced they will close following passage of a statewide ballot issue that affirmed a state law limiting the interest rates these institutions can charge. These stores dot northwest Ohio towns under ...
Kalamazoo housing professionals stress deals and loans are plentiful - Ann Arbor News BlogKALAMAZOO, MI -- Local homebuilders, real estate agents and mortgage lenders want you to know that the housing market may be soft, but there are great values to be had and lots of money to borrow to get those deals. That was the overall message ...
Commercial-Mortgage Bond Risk Rises After Loan Delinquencies - BloombergNov. 19 (Bloomberg) -- The cost to protect top-rated commercial-mortgage bonds against default rose to a record, a day after two bad loans boosted concern the debt will cause losses. The cost of default swaps on AAA rated bonds rose 161.8 basis ...
Consumers may get ray of good news: lower prices - Washington PostFederal Reserve Chairman Ben Bernanke, second from left, and Treasury Secretary Henry Paulson, third from left, meet Speaker Nancy Pelosi, not seen, and other House Democratic leaders on Capitol Hill, Monday, Nov. 17, 2008, in Washington. (AP Photo ...
Economically stable S.D. can skirt mortgage relief - Argus LeaderAs the U.S. housing market remains mired in deep and ongoing troubles, South Dakota is bucking the malaise with one of the lowest mortgage foreclosure rates in the nation. In October, the Mount Rushmore state ranked 47th in the nation for mortgage ...
Six area residents indicted in mortgage-fraud schemes - News-Leader.comSeveral mortgage brokers were among six area residents indicted today by a federal grand jury for participating in several related mortgage fraud schemes in Christian and Greene Counties, according to John F. Wood, United States Attorney for the ...
Fed's Lacker Says Economy May Regain Momentum in 2009 (Update2) - BloombergNov. 21 (Bloomberg) -- Federal Reserve Bank of Richmond President Jeffrey Lacker said the economy could begin a recovery in 2009 as low interest rates, falling energy prices and a diminished drag from housing shore up spending. ``Many analysts expect ...
November 2008 - ABC News BlogsABC News' Alice Gomstyn reports: Give a person a few billion dollars and chances are, they’ll be flying high. Not so, apparently, for U.S. banks. Some four weeks after the U.S. Treasury Department invested $125 billion into nine major U.S. banks ...
Foreclosure: Don’t Be a Statistic - Mountain NewsThe membership of what may be the fastest-growing club on the local scene is made up of San Bernardino County residents who’ve lost their homes to foreclosure, as the twin nemeses of lost jobs and unwise loans continue taking their toll. But amid ...
Business people - Anchorage Daily NewsSummit Mortgage recently hired Colin Krieger as a mortgage loan officer. He has worked in the loan mortgage industry since 2003. He is a member of the National Mortgage Bankers Association, Anchorage Home Builders Association and Armed Services YMCA ...
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