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Veterans group complicates things for loan bill
It's funny how the vibe around a piece of legislation can change. Several weeks ago, a bill that would let consumer lenders increase the cost of borrowing was, politically speaking, not especially dicey. The groups that opposed it — Progress...
Tags: NAACP, Consumers, Don Gaetz, Jacksonville (Duval, Florida), Credit and Debt
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Lenders venturing back into subprime market
Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking — a subprime loan. The...
Tags: Richard Cordray, Homes, Interior Policy, Politics, Housing and Urban Planning
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Average credit score goes down despite S. Floridians paying down debt
Despite debt dropping in South Florida, credit scores have actually worsened from a year ago, making it harder for some to snag the lowest interest rates or even get a loan of any kind. The average credit score in Broward and Miami-Dade fell to 646 in...Tags: Real Estate Buyers, Miami (Miami-Dade, Florida), Economy, Business and Finance, Mortgages, Deerfield Beach
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Former public defender pleads guilty to stealing more than $200,000
In a courtroom where he not long ago practiced, a disbarred Northampton County public defender pleaded guilty Friday to stealing more than $200,000 from private clients. Anthony J. Martino admitted to two felony counts of theft, a steep fall from grace...Tags: Politics, Internal Revenue Service, Lawyers, Crime, Law and Justice, Judges
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Deeds for April 28, 2013
BOYLE Deeds filed recently in the office of Boyle County Clerk Trille Bottom include: Karen A. and Walter Stauffer Jr. to Mary M. Whitehead, property on Grafton Street, $37,000. Thomas Hardison to Regina D. and Ralph Bays Jr., property on...Tags: Bank of New York Company, Transportation, Insurance, Travel, Mortgages
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Entering homeownership with eyes wide open
Sitting down in front of a pile of mortgage loan documents to sign at the closing, with a lending officer and maybe a real estate agent at your side, what do you look at first? The eye typically latches on to the simplest things to read, namely the...Tags: Research, Education, Science and Technology, Real Estate Buyers, Psychology
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U.S. bank regulator warns on short-term deposit advances
ReutersWASHINGTON, April 25 (Reuters) - U.S. financial regulators on Thursday warned banks to boost underwriting standards and oversight of short-term, small-dollar loans that could lead some borrowers to become buried in debt. Some banks, including Wells Fargo...Tags: Consumers, US Bancorp (Delaware), Office of the Comptroller of the Currency, Finance, Credit and Debt
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Synagro Technologies' bankruptcy will bring jobs to Baltimore
A Wednesday bankruptcy filing by Synagro Technologies Inc. means growth and new jobs for the Baltimore area as the waste recycler consolidates its headquarters in White Marsh. The Carlyle Group LP-owned company, which had been co-headquartered in...
Tags: Patapsco, Bankruptcy, Washington, DC, The Carlyle Group, Companies and Corporations
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Ethics report: Ex-charter school chief's 'self-dealing' cost taxpayers $1.5 million
HARRISBURG — The former head of an embattled Monroe County charter school broke state ethics and conflict-of-interest rules by funneling more than $1.5 million in taxpayer money to himself, his family, his businesses and his church, an investigative...
Tags: Crime, Law and Justice, Judges, Ethics, Religion and Belief, Scranton
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FACTBOX-Debts increase at European businesses owned by private equity firms
ReutersLONDON, April 24 (Reuters) - Private equity firms have got the European companies they own to increase their debt loads by 2.3 billion euros ($3 billion) this year in order to pay themselves and their investors, according to S&P Leveraged Commentary and...Tags: Credit and Debt, Stock Market, Private Equity
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Carlyle's Synagro preparing for bankruptcy -sources
ReutersBy Tom Hals and Soyoung Kim April 24 (Reuters) - Carlyle Group LP's Synagro Technologies Inc is preparing to file soon for Chapter 11 bankruptcy protection to restructure its debt, two sources with knowledge of the situation told Reuters. Synagro is the...Tags: Bankruptcy, Credit and Debt, The Carlyle Group, Economy, Business and Finance, Companies and Corporations
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Consumer bureau calls payday loans a trap, warns of new rules
ReutersWASHINGTON (Reuters) - The U.S. consumer watchdog said high-cost, short-term loans often trap borrowers in a cycle of debt, warning in a report on Wednesday that new rules could be on the way for payday lenders and banks making similar loans. The...Tags: Richard Cordray, Consumers, U.S. Bancorp, Community Financial Corporation, U.S. Consumer Financial Protection Bureau
Apr 28, 2013
|Column| Orlando Sentinel
Apr 27, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Story| South Florida Sun-Sentinel
Apr 26, 2013
|Story| Allentown Morning Call
Apr 26, 2013
|Story| AM News
Apr 26, 2013
|Column| Chicago Tribune
Apr 25, 2013
|Story| Reuters
Apr 24, 2013
|Story| Baltimore Sun
Apr 24, 2013
|Story| Allentown Morning Call
Apr 24, 2013
|Story| Reuters
Apr 24, 2013
|Story| Reuters
Apr 24, 2013
|Story| Reuters
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