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Some good reasons to refinance
Why refi? There are a number of reasons to refinance a mortgage. You probably can think of the first one – to get a lower mortgage rate. The average interest rate on an outstanding mortgage at the beginning of 2010 was 5.979 percent, according to the Bureau of Economic Analysis. However, lenders today are offering rates well below that benchmark, making a refinance a no-brainer for many. But low ...
Read more News Source - The Nashua Telegraph
Publish date - 02:02:37 07/30/10

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Homes keep falling into foreclosure as programs fail to help
WASHINGTON — More than three years into the housing crisis that helped trigger a worldwide recession, the torrid pace of home foreclosures continues to tear at the core of the American dream.
Read more News Source - McClatchy Washington Bureau
Publish date - 22:59:55 07/29/10

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Foreclosures slam Miami metro area in first half of 2010
The foreclosure quagmire continues.
Read more News Source - Sun-Sentinel
Publish date - 21:35:49 07/29/10

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Read more News Source - Provo Daily Herald
Publish date - 07:38:45 07/29/10

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Fla. has most communities being hit hard by foreclosures
Nearly 4 percent of homes in the Miami metro area received a foreclosure notice during the first half of 2010 The Miami metro area – Palm Beach, Broward and Miami-Dade counties – still leads all regions with a total of 94,466 homes in some stage of foreclosure from January through June.
Read more News Source - Sun-Sentinel
Publish date - 17:34:03 07/29/10

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By Henry C K Liu
Recurring financial crises of past decades had clearly exposed the instability of globalized unregulated financial markets and the great danger that poses for the economic wellbeing of defenseless developing countries participating in such markets.
Read more News Source - Thailand Outlook Channel
Publish date - 04:07:59 07/29/10

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7 reasons why you should refinance
A refinance can make sense for many reasons, from getting a lower rate to consolidating debt.
Read more News Source - Bankrate.com via Yahoo! Finance
Publish date - 11:47:42 07/26/10

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Irish banks get nod to pursue developers for €236m debt
Four developers can now be pursued for almost a quarter of a billion euro in property debts after they accepted in court that they owe the money. Related Stories Report reckless drivers: priest Dublin woman posted false sex adverts Irish tourist is shot dead outside Spanish bar Portlaoise jewellery store owner foils €130,000 robbery Iconic Arnotts store could be sold for €1 as banks tighten grip
Read more News Source - Belfast Telegraph
Publish date - 06:20:46 07/29/10

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Current rating:
The impact smashed the windshield of the car. The driver told police she did not see the bicyclist in the dark. Police are continuing their investigation.
Read more News Source - Observer-Reporter
Publish date - 07:52:56 07/28/10

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BREAKING NEWS: Steven Kottage and Genaro Hathaway are indicted for mortgage fraud
The United States Attorney’s office for the District of Connecticut announced today that a federal grand jury sitting in New Haven has returned an 11-count indictment charging Steven J. Kottage, 44, and Genaro R. Hathaway, 46, both of Weston, and Mary Ellen Durso, 53, of Milford, with conspiracy and other offenses stemming from the defendants alleged involvement in mortgage fraud.
Read more News Source - Weston Forum
Publish date - 17:54:44 07/28/10

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With payday loans, poor get the loans, firms get the payday
NATHAN HUNSINGER/DMNPayday lenders say they're taking a risk on those scorned by other financial companies, but critics say the loans trap customers in a downward debt spiral.
Read more News Source - Dallas Morning News
Publish date - 16:59:57 07/26/10

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Receiver secures injunction to allow possession of Tallaght hotel and pub
A RECEIVER has secured a High Court injunction restraining a businessman from preventing him taking possession of a hotel, pub and nightclub employing more than 100 people in Tallaght. The injunction continues pending the outcome of a full action over the receiver’s appointment.
Read more News Source - The Irish Times
Publish date - 23:35:00 07/27/10

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With payday loans, poor get the loans, firms get the payday
On July 2, a 74-year-old Dallas widow named Yvonne Sands received her monthly Social Security check of $1,360. Shortly after 7:30 a.m., she withdrew money from the bank and drove off to renew four payday loans with annual percentage rates of about 250 percent to more than 300 percent.
Read more News Source - Dallas Morning News
Publish date - 07:32:43 07/25/10

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Firstbank Corporation Announces Second Quarter 2010 Results
Highlights Include:
Read more News Source - GlobeNewswire via Yahoo! Finance
Publish date - 12:32:54 07/27/10

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CIT Reports Second Quarter 2010 Net Income of $142 Million; $0.71 Per Diluted Share
NEW YORK----CIT Group Inc. , a leading provider of financing to small businesses and middle market companies, today reported net income for the quarter ended June 30, 2010 of $142.1 million, $0.71 per diluted share, up from $97.3 million and $0.49 per diluted share last quarter.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 10:31:44 07/27/10

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Everett takes another look at RV code after residents complain
EVERETT -- One thing's for sure: These RV owners were not happy campers. Officials decided Tuesday night to go back to the drawing board with a proposal that sought to limit where recreation vehicles, trailers and boats could be stored on residential lots.
Read more News Source - Everett Herald
Publish date - 06:02:24 07/24/10

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In brief: Pay czar to identify banks he says overpaid executives - Fri, 23 Jul 2010 PST
WASHINGTON – The Treasury Department’s pay czar is preparing to criticize Wall Street banks that paid their executives lavishly after receiving taxpayer bailouts. Kenneth Feinberg will disclose a list of banks today that made payouts he has determined were inappropriate. Wall Street titans including JPMorgan Chase & Co. used poor judgment in paying executives as the global financial system ...
Read more News Source - The Spokesman-Review
Publish date - 17:05:07 07/23/10

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