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READER SUBMITTED: Simsbury Bank Provides Funds For Improvements To Simsbury Memorial park
SimsburySimsbury Bank is very pleased to announce that it is the lead sponsor of the Simsbury Little League's capital initiatives, providing $25,000 for improvements and renovations to the Little League facilities at Simsbury Memorial Park. The improvements...Tags: Economy, Business and Finance, Banking, Finance, Simsbury, Avon (Hartford, Connecticut)
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Former UK central bankers say mortgage scheme fuels debt risk
ReutersLONDON (Reuters) - Two former Bank of England policymakers criticized on Wednesday a flagship government scheme to boost mortgages, saying it would encourage more risky lending in an economy already overburdened with debt. Former deputy governor Rachel...Tags: Economy, Business and Finance, United Kingdom, England, Finance, Politics
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FHA financing attracts larger pool of buyers
Q: I own a condominium in an eight-unit building. I am preparing my unit for sale and my Realtor says that our association should get the building FHA approved so that prospective buyers who plan to use FHA-backed mortgages can be viable prospects. Can...Tags: Federal Housing Administration, Services and Shopping, Real Estate, Condos, Real Estate Buyers
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Redfin's valuation tool puts homeowners in driver's seat
For the past six years, the question "what's my home worth" caused homeowners to wince. With some optimism now in the real estate market and more transactions occurring than have in years, Redfin thinks homeowners and potential homebuyers are ready to...Tags: Homes, Real Estate Sellers, Real Estate, Bank of America Corp., Chicago Mortgages
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Woman fights to keep house
South Bend TribuneA series of setbacks led to a Mishawaka woman's home being sold at a county tax sale, and a St. Joseph County judge is weighing whether she was adequately warned that her house was in jeopardy. Meanwhile, attorneys and judges around the state are...Tags: Homes, Fires, Car Repair and Maintenance Tips, Accounting and Auditing, Crime, Law and Justice
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Some lenders venturing out to give mortgages with 3 or 5% down
Six years after the housing market collapsed and credit tightened, some South Florida-based lenders are easing up on the 15 to 20 percent down traditionally required for a conventional mortgage. Tropical Financial Credit Union and The Mortgage Firm...
Tags: Economy, Business and Finance, Deerfield Beach, Lake Worth, Miramar, Finance
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05/13: Progressions
Architecture Shweta Bakshi was hired as an architectural designer for the retail division in Jacobs' Orlando office. Boards of Directors Jeannie Amendola, Walt Disney World Resorts, was reappointed by Gov. Rick Scott to the board of directors for The...Tags: Justice System, Real Estate, Arts and Culture, Liberty Bell, Orange County (Florida)
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Obama urges Congress to back new housing regulator
ReutersWASHINGTON (Reuters) - President Barack Obama urged lawmakers on Saturday to back his nominee to oversee mortgage financiers Fannie Mae and Freddie Mac, Democratic Representative Mel Watt. "Mel's represented the people of North Carolina in Congress for...Tags: Economy, Business and Finance, Freddie Mac, U.S. Congress, Washington, DC, Finance
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Obama calls on Congress to help more homeowners, confirm choice to lead federal housing agency
Associated PressWASHINGTON (AP) — President Barack Obama says Congress must give more homeowners the chance to refinance their mortgages to save money. Obama says more than 2 million people are saving about $3,000 a year after restructuring their loans under his...Tags: Freddie Mac, U.S. Congress, Republican Party, Washington, DC, Politics
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Goldman Sachs must face fraud claims from insurer -N.Y. court
ReutersBy Joseph Ax NEW YORK, May 7 (Reuters) - Goldman Sachs Group Inc must face fraud claims brought by CIFG Assurance North America over insurance it provided for $275 million in mortgage-backed securities, a New York state appeals court ruled on Tuesday....Tags: Ambac Financial Group Incorporated, York (York, Pennsylvania), Justice System, Assured Guaranty Limited, Crime, Law and Justice
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BofA fires back at New York over modification violations
ReutersBy Karen Freifeld NEW YORK, May 10 (Reuters) - Bank of America Corp has fired back at New York Attorney General Eric Schneiderman after he threatened to sue the bank for violating the terms of a $25 billion settlement designed to end mortgage...Tags: Lawyers, Financial and Business Services, Justice System, Crime, Law and Justice, Trials
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Are your mortgage modification terms worth continuing payments?
Financially strapped homeowners who are close to foreclosure may want to face the music now rather than continuing to struggle with their monthly payments. There's a high probability of losing the house anyway, even with the government's help. According...Tags: Economy, Business and Finance, Financial and Business Services, Credit Ratings, Central Bank, Federal Reserve
May 8, 2013
|Story| Hartford Courant
May 8, 2013
|Story| Reuters
May 10, 2013
|Column| Chicago Tribune
May 10, 2013
|Column| Chicago Tribune
May 12, 2013
|Story| South Bend Tribune
May 12, 2013
|Story| South Florida Sun-Sentinel
May 12, 2013
|Story| Orlando Sentinel
May 11, 2013
|Story| Reuters
May 11, 2013
|Story| AP Broadcast
May 7, 2013
|Story| Reuters
May 10, 2013
|Story| Reuters
May 10, 2013
|Story| Los Angeles Times
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