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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, Finance, Federal Reserve, Central Bank, Financial and Business Services
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Bad Gambles
Blogging with Bill WhiteDuring my trip to Scottsdale, Ariz., this spring, we took in a San Francisco Giants preseason game, and the friend my wife and I were visiting proposed a bet. We would wager $20 on the final records of my team,...... -
Stocks fall nearly 1% on anxiety about Friday's employment report
NEW YORK -- The first day of May gave investors reasons to worry about a sluggish economy, sending stocks down nearly 1% Wednesday. The Dow Jones industrial average fell 138.85 points, or 0.94%, to 14,700.95 at the closing bell on Wall Street. The...
Tags: Federal Reserve, Labor Markets, Employment, Employment Opportunities, Automatic Data Processing, Inc.
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Rating agency: Allentown water/sewer lease is 'credit positive'
Allentown's recently approved water and sewer lease is "credit positive" for the city, according to a news release from Moody's Investors Service. A "credit positive" label indicates that the lease will have a positive financial impact on the city...Tags: Economy, Business and Finance, Finance, Local Government, Interior Policy, Pension and Welfare
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Minnesota farmland taxes to rise with prices
MANKATO, Minn. - A county assessor, when valuations on any type of property soar by 44 percent in a single year, would typically expect to get an earful from irate property owners worried about the impact the valuations will have on their next round of...Tags: Religion and Belief, Values, Politics, Taxation
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Chinese investors to fund Pa. turnpike I-95 connection
(MCT) — To help pay for the construction of the long-awaited connection between the Pennsylvania Turnpike and I-95, turnpike officials plan to borrow $200 million from wealthy foreign investors. The investors, expected to be primarily from China,...Tags: Corporate Officers, Bucks County, Bonds, Joint Ventures, Immigration
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Broward Commissioner Holness owes $13,000 in property taxes
Broward Commissioner Dale V.C. Holness owes almost $13,000 in unpaid property taxes on five apartments he owns in Lauderhill, records show. According to the Broward County Property Appraiser, Holness is delinquent on his taxes since 2010. He owes $2,...
Tags: Fort Lauderdale, Government, Lauderhill, North Lauderdale, Lauderdale Lakes
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Understanding credit utilization
To build a good credit score, most people know that paying bills on time and not having too much total debt compared to income go a long way to establish creditworthiness. But there's another important credit score factor which is less known and much...Tags: Economy, Business and Finance, Finance, Consumers, Credit and Debt
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Jupiter Farms man accused of running $1.1 million Ponzi scheme
Richard Aron thought he was investing in a second mortgage on a Comfort Inn & Suites in Jupiter. But the 79-year old snowbird from Connecticut became one of seven people sucked into what detectives call a Ponzi-type scheme orchestrated by Leonard Lee...
Tags: Theft, Delray Beach, Palm Beach County Sheriff's Office, Lantana
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The truth about hard-money loans
Q: What is a "hard money" loan? A: Technically, it is a loan that is given in exchange for money, rather than to assist a consumer in buying a house. The latter would be called a "purchase money" mortgage. Hard-money lenders do not rely on the...Tags: Property, Interior Policy, Pension and Welfare, Ratings, Fannie Mae
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Foreclosures surge in Orlando, Ocala
The Ocala area had the second-highest rate of home foreclosures in the nation during April, with Orlando ranked close behind in fourth, according to a new report. During a month when Florida and the U.S. saw further declines in foreclosure activity, the...
Tags: Ocala, Foreclosures, Orlando, Tampa, Auction Service
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Investors snap up $17 billion in Apple bonds
First came the frenzy for iPhones and iPads. Now there's a scramble for iBonds. Apple Inc. sold $17 billion in bonds Tuesday, a gargantuan deal that ranked as the largest in global corporate history. And even though the securities are paying...
Tags: Chevron Corportion, Apple iPad, Microsoft Corporation, Cisco Systems Inc., Bonds
May 10, 2013
|Story| Los Angeles Times
May 6, 2013
| Allentown Morning Call
May 1, 2013
|Story| Los Angeles Times
May 3, 2013
|Story| Allentown Morning Call
May 10, 2013
|Story| Aberdeen News
May 10, 2013
|Story| Allentown Morning Call
May 9, 2013
|Story| South Florida Sun-Sentinel
May 10, 2013
|Story| Chicago Tribune
May 9, 2013
|Story| South Florida Sun-Sentinel
May 10, 2013
|Story| Chicago Tribune
May 9, 2013
|Story| Orlando Sentinel
May 1, 2013
|Story| Los Angeles Times
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