NASHVILLE – A $30.78 billion state spending plan that received final approval Saturday from the General Assembly includes funding for an extension of unemployment benefits for thousands of Tennesseans, plus $5 million to help the University of Memphis operate a branch on Lambuth University’s campus. View full post on All Stories
Ellen Lockyer, KSKA – Anchorage The Matanuska Susitna Borough Assembly passed the Borough’s fiscal year budget last Monday night without raising the mill rate. Assembly woman Cindy Bettine says the spending plan met approval around 10:30 pm. Borough mayor Larry DeVilbiss had called for more than two million dollars in cuts to the $378.9 million [...]
JPMorgan Chase & Co., after admitting it mishandled mortgages of U.S. service members, won approval of a $56 million settlement of claims that it overcharged on their home loans. View full post on All Stories
Product DescriptionThis book is a simple, practical, and effective step-by-step guide to achieving your financing goals in the least amount of time. Written for the small business owner, it teaches you everything about securing loans: choosing loans, applying for a loan, improving your chances of being approved for a loan, and learning everything you need [...]
Federal regulators released their consent order Friday instructing Reliance Bancshares, parent of Reliance Bank in Des Peres, to reduce bad loans, cut expenses, raise capital and examine management. The order with the Federal Deposit Insurance Corp. also prohibits pay raises or bonuses for bank executives without regulatory approval. Reliance Bank, which is led by Chairman [...]
BY BEN AGANDE ABUJA ? The Senate, yesterday, gave approval of $1.348 billion external loans for the Federal Government and 14 states of the federation as part of the 2010 External Borrowing Plan of … View full post on All Stories
A Romeo home builder was sentenced Tuesday to six months in prison and ordered to pay $1.6 million in restitution to several financial institutions for his role in a mortgage fraud scheme that led to the approval of more than $4.1 million in bogus loans. View full post on All Stories
Product DescriptionThis book explains how to borrow money from people, companies or investors who do not typically require detailed loan submission and approval processes. Generally, private lending requires less formal processes and has different and potentially lower lending criteria requirements than those from traditional lending institutions such as banks and venture capital firms. This book [...]
A public filing from the Housing and Urban Development Department indicated that eight mortgagees lost their FHA direct-endorsement approval. “The approval may be terminated on the basis of poor performance of FHA-insured mortgage loans underwritten by the mortgagee,” the filing stated. Word of the actions came just one day after HUD announced that the origination [...]
JPMorgan Chase & Co. pleased investors Friday with news that it will raise its dividend soon, pending approval from the Federal Reserve. The bank also reported that its income jumped 47 percent in the final three months of 2010 as fewer customers defaulted on their loans. View full post on All Stories
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