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Another payday loan debate on the horizon
Get ready for another debate on whether payday loan stores should return to Pennsylvania. State Sen. Pat Browne of Allentown said Friday he intends to introduce legislation in the next few weeks that would "redefine the debate" over access to short-...Tags: Media Industry, Bill Harris, Credit and Debt, Consumers, Economy, Business and Finance
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Missing Boca attorney had ties with companies facing FTC lawsuit
Missing Boca Raton attorney Timothy McCabe once had ties to what federal authorities have described as a web of South Florida businesses that financially preyed on people desperate to avoid foreclosure, the Sun Sentinel has found. McCabe got some of...
Tags: Boca Raton, Defendants, Boynton Beach, Realty, Consumers
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One step closer to obtaining funding to finish new Hedgesville public library building
matthewu@herald-mail.comThe Berkeley County Building Commission advanced a bond ordinance to second reading Thursday that would allow officials to obtain up to $700,000 in financing to complete the new Hedgesville, W.Va., public library building. The bond ordinance for the...Tags: Debt Market, U.S. Department of Agriculture, Government, Safety of Citizens, Politics
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UK pension funds take on leveraged loans in search for yield
ReutersBy Sarah Mortimer LONDON, May 17 (Reuters) - UK pension funds are dipping a toe into the specialist market for high yielding but risky bank loans in an effort to offset poor returns in their traditional investment portfolios. After years of slow...Tags: Emerging Market, Moody's Corporation, Mutual Funds, Credit Ratings, United Kingdom
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Republicans move forward with student loan plan that could mean higher rates later
Associated PressWASHINGTON (AP) — The days of fixed-rate student loans could be coming to a close, with House Republicans on Thursday advancing a proposal that would link rates to financial markets. The GOP-led House Education and the Workforce Committee sent to...Tags: Phil Roe, Budgets and Budgeting, Ruben Hinojosa, Finance, Democratic Party
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ANALYSIS-Liquidity issues and lawsuits hit Mexico's homebuilders
ReutersBy Gabriela Lopez MONTERREY, Mexico, May 16 (Reuters) - Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short...Tags: Housing and Urban Planning, Moody's Corporation, Credit and Debt, Trials, Companies and Corporations
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Analysis: Liquidity issues and lawsuits hit Mexico's homebuilders
ReutersMONTERREY, Mexico (Reuters) - Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short term. Home sales at Geo , Urbi...Tags: Housing and Urban Planning, Moody's Corporation, Credit and Debt, Trials, Companies and Corporations
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No let-up for busy US high-grade market
ReutersBy Joy Ferguson and Rachelle Kakouris May 16 (IFR) - There was no let-up in the high-yield market on Thursday even after the deluge of deals yesterday, when 10 issuers rushed to market for a total of USD7.5bn. A total of USD10.451bn has priced so far...Tags: Univision (tv network), Supervalu Inc., Books, Deutsche Bank AG, Credit and Debt
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Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51%
Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago. The survey, released Thursday by mortgage financier...Tags: Mortgages, Financial and Business Services, Credit Ratings, Freddie Mac
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Libor floors stripped from U.S. leveraged loans
ReutersNEW YORK (Reuters) - Massive demand from investors has pushed yields on U.S. leveraged loans to 2004 levels and aggressive market conditions continue to strip protection from new deals, including removing Libor floors that guarantee minimum yields for...Tags: Universal Health Services Incorporated, Marketing, Mutual Funds, Credit and Debt, Economy, Business and Finance
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UBS Americas hires in-house experts to spur life insurance sales
ReutersNEW YORK (Reuters) - After years of urging its financial advisers to sell more life insurance, UBS Wealth Management Americas is bringing in full-time experts and offering financial incentives to prod its tradition-bound sales force outside its comfort...Tags: Wells Fargo & Co., UBS AG, Finance, Politics, Raymond James Financial Incorporated
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Veterans home-loan bond money going untapped
SACRAMENTO — In the last century, Californians have said yes to every request for money to help veterans buy homes. Since 2000, they have signed off on $1.4 billion in bonds for that purpose. But most of that money remains untapped. In fact, the...Tags: Mental Health, Elections, Arnold Schwarzenegger, Afghanistan, Agriculture
May 18, 2013
|Column| Allentown Morning Call
May 18, 2013
|Story| South Florida Sun-Sentinel
May 17, 2013
|Story| Herald Mail
May 17, 2013
|Story| Reuters
May 16, 2013
|Story| AP Broadcast
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 14, 2013
|Story| Los Angeles Times
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