Foreclosures Still Dragging Down Housing, Economy
Home sales, home prices and home building remain depressed — just as they were at the start of the year. Part of the problem is the ongoing foreclosure crisis. Government efforts to help homeowners like Debra Dahlmer of Gloucester, Mass., get loan modifications haven’t lived up to…
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Public notice for the day of December 28, 2010
TRUSTEE’S NOTICE OF SALE Loan No: 0602052681 T.S. No.: OR-258794-F Reference is made to that certain deed made by, ERNEST E PEMBERTON AND RHONDA K PEMBERTON, HUSBAND AND WIFE, AS TENANTS BY ENTIRETY as Grantor to EASTERN OREGON TITLE, INC, as trustee, in favor of “MERS” MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., SOLELY AS NOMINEE FOR WEALTHBRIDGE MORTGAGE CORPORATION, AN OREGON CORPORATION …
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2010: Sussex housing market trends upward
From boom to bust. As another year comes to a close, that’s the best phrase to describe the struggling housing industry in Sussex County.
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AFC Refinances Credit Facility
AFC announced the completion of refinancing of a five-year $100 million credit agreement with JPMorgan Chase Bank.
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Commercial Real Estate Suffers, but Not as Much as Feared
Prices have leaped for securities backed by commercial mortgages, not because things are great but because they are not nearly as bad was once expected.
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Daniel A. Sauers: Our actions must be governed by reason
Since the announcement of the tax-cut compromise reached betweenPresident Barack Obama and Republican leaders, I have been prayingfervently that an unlikely coalition of liberal Democrats andconservative Republicans in Congress will vote it down.
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H&R Block loses tax refund loan banking partner
Millions of H&R Block Inc. customers who relied on short-term loans backed by their expected tax refunds will not have that option this year, because Block’s banking partner was forced by federal regulators to stop offering the loans
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BofA offers WikiLeaks many potential targets
WikiLeaks Editor In Chief Julian Assange — currently under house arrest in England — touched off a fevered wave of speculation last month, when he disclosed the group would follow up its release of 250,000 diplomatic cables from the U.S. government in November with a look at the financial sector.
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JANUARY 2010: A MONTH IN REVIEW
1st Everton manager David Moyes suspended on-loan striker Jo for a breach of club discipline after the Brazilian returned home for Christmas without permission…Defender Steve Finnan admitted Portsmouth players were becoming concerned that the club had once again failed to pay wages on time as the club’s financial crisis deepened…Phil Taylor remained on course for his 15th world title after …
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Brazil Frets as Panamericano Exposes Weak Credit
The first investigation into Brazil’s asset-backed securities industry, rising consumer delinquencies and the biggest rout of a bank stock in more than a decade are opening cracks in the country’s financial system.
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No shelter ahead from uncertain housing market
Brian Vancampen admits he was too optimistic when he put his family’s three-bedroom, two-bathroom house in Shepherdsville on the market more than seven months ago.
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Western Wind has Secured Financing of $24 Million for Kingman
Toronto Stock Exchange (Venture) Symbol: ” WND” Issued and Outstanding: 55,261,986 VANCOUVER , Dec. 21 /PRNewswire-FirstCall/ – Western Wind Energy Corp (”Western Wind” or the “Company”) has closed a $24 million financing for its 100% wholly owned 10.5 megawatt (”MW”) combined wind and solar project located in Kingman, Arizona . The financing includes a one year construction loan convertible to …
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A how-to book on strategic mortgage default
There’s a new book on the market for people who are considering walking away from their underwater homes. Brent White, a University of Arizona law professor who has preached the morality double standard that homeowners face while companies default on loans without so much as a second thought, now makes his case in a book that [...]
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PolyMet Loan From Iron Range Resources Approved
HOYT LAKES, MINNESOTA–(Marketwire – Dec. 16, 2010) – PolyMet Mining Corp. (TSX:POM)(NYSE Amex:PLM) (”PolyMet” or the “Company”) announced today that the Board of Iron Range Resources (”IRR”) has, on the commissioner’s recommendation, approved a secured loan to PolyMet of up to $4 million. The IRR board is composed of five members of the Minnesota Senate, five members Minnesota House of …
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Unintended Consequences
Correct me if I’m wrong, but I seem to remember that one of the reasons for QE2 was to lower rates on the longer end of the US yield curve. Clearly, that has not happened?
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