Regulators shuttered a Minnesota bank on Friday night, for the 16th failure of 2010. The bank, 1st American State Bank of Minnesota, in Hancock, was closed by the state’s Department of Commerce. The department named the Federal Deposit Insurance Corp …
BusinessWire – PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company, and a wholly owned subsidiary of PSM Holdings, Inc. (OTCBB: PSMH), announces the opening of a new office in Belton, Texas near the Ft. Hood military …
As the great homie that is slinkerwink pointed out today , some of you today may have read how Sallie Mae is planning to stop President Obama’s Student Loans “Get the middle man” out ambitious plans. Well, meet the one leading Sallie Mae’s efforts in …
… support refinancing for owner-occupied commercial real-estate loans. To be eligible, business owners must have first mortgages and be current on all loan payments for the previous year. The White House said the proposal would help refinance up …
… paid off the sellers’ mortgages … original loans, causing the homeowners to default, according to a probable cause affidavit. The normal practice in real estate refinancings is for the escrow agent to immediately pay off the existing mortgage
Sales of homes for $1 million or more slumped in Santa Clara County and the state last year, as home values dropped and buyers avoided confronting a difficult mortgage market. In the county, million-dollar-plus sales fell 22 percent, from 3,055 in …
LANHAM, Md. — Seeking to create more jobs, President Barack Obama today asked Congress to temporarily expand two lending programs for the owners of small businesses. Obama said he wants to bolster the impact of the businesses that are the chief …
The 58,381 in shares, which will convert into Goldman’s common stock in thirds over the next three years, is a fraction of the figures rumored in the media in recent weeks. One New York paper said Blankfein was to be paid $100 million . Goldman’s …
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That yield is a widely used benchmark for consumer loans including mortgages. Josh Stiles, a bond strategist at IDEAGlobal.com, said Treasurys will get tested next week as auctions of three-year and 10-year notes and 30-year bonds take place. “
