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Still-frozen credit? Blame it on recession - Reading EagleUnless you've lost your job in the last 12 months, the recessionary symptom that affected you most directly was the knotting of America's credit market. Even people with good credit ratings had a more difficult time securing home and auto loans, and ...
NY Fed begins purchasing mortgage securities - Reading EagleNEW YORK - The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. The program, initially announced Nov. 25, allows the Fed to spend $500 billion to buy ...
Eagle’s Rest Development files for bankruptcy - Albert Lea TribuneCommercial developer Scott LaFavre’s company Eagle’s Rest Development declared bankruptcy last month in U.S. Bankruptcy Court in St. Paul. In a phone message left at the Tribune this week, LaFavre said he filed Chapter 11 bankruptcy on Dec. 19 ...
Fifth Third receives $3.4 billion from U.S. - Traverse City Record-EagleCINCINNATI -- Regional bank Fifth Third Bancorp said Wednesday it received $3.4 billion as part of the government's $700 billion bank investment program. The government investment, administered by the U.S. Treasury Department, is part of a broader ...
Surviving a layoff - Dothan EagleRICHMOND - Eight months pregnant, Keisha Snead got word in March that her job would disappear at the end of the day. Like thousands of others in the struggling economy, she was reduced to an uncomfortable status — unemployed. Job losses during the ...
Arraignment of DiMasi friend delayed - Berkshire EagleBOSTON (AP) — A friend of House Speaker Salvatore DiMasi successfully maneuvered to delay his arraignment today and block the release of detailed background in his influence-peddling case just two days before DiMasi asks his members to re-elect him ...
GMAC gives up some GM financing - Traverse City Record-EagleLender will no longer have exclusive rights to no- or low-interest loans DETROIT (AP) -- GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives, as part ...
Dave Says: Should I feel guilty when another's loss is my gain? - Eagle-TribuneDo you see an ethical dilemma involved in buying things like repossessed cars, houses that have been through foreclosure, or even pawn shop items? While these kinds of purchases can be smart and thrifty, I worry sometimes that I'm taking advantage of ...
Dick Feagler: 45 years of stories, observations and memories - Cleveland Plain Dealer BlogIt's hard to pick one way to describe Dick Feagler: He has been a newspaper reporter and columnist, a television commentator, talk show host and news anchor. For 45 years, he has chronicled the ups and downs of life on the North Coast, skewering the ...
'It's the economy, stupid' Top 10 business stories of 2008 - Eagle-TribuneIn every way imaginable, the downturn in the economy and the fluctuating price of petroleum products had an impact on everyone on the planet this year. In the Merrimack Valley, the crumbling real estate market hit the construction industry. Even huge ...
Today's Mortgage Terms starting with W
Walk Through: A final inspection of a home to look for problems that may need to be addressed before closing.
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