Archive for September, 2010
GM buys AmeriCredit, creates General Motors Financial
DETROIT – General Motors’ purchase of AmeriCredit, intended to provide more access to subprime lending and leasing, will close Friday, creating a new entity called General Motors Financial. “The acquisition will form the foundation of the company’s plan to create an in-house financing arm,” GM said today in a statement. The automaker’s sales have suffered [...]
The Law’s Losing the Texting-While-Driving Fight
The many laws enacted by states to ban texting while driving appear to be for naught, suggest findings from a new study by the Highway Loss Data Institute. It found no reductions in crashes after these laws took effect. In fact, the bans were associated with a slight increase in the frequency of auto insurance [...]
Long-term mortgage rates hit record low
WASHINGTON, Sept. 29 (UPI) — The Mortgage Bankers Association said U.S. mortgage activity decreased in the latest weekly survey, even though long-term interest rates hit record lows. Mortgage Bankers Association – United States – Mortgage loan – Mortgages – Business View full post on All Stories
Freehold Capital Partners Promotes National Disclosure Standard for Private Transfer Fees
NEW YORK, Sept. 29 /PRNewswire-USNewswire/ — Today, Freehold Capital Partners reiterated its support for an alternative to the current guidance under review by the Federal Housing Finance Agency (FHFA) that seeks to restrict Fannie Mae and Freddie Mac from insuring mortgages on property that is enc View full post on All Stories
Apply Today Online Unemployed Personal Loans For Quick Cash
Handling unforeseen fiscal impediments is not easy when you are out of job and do not have any other steady source of income. In such circumstances you need additional cash in reference to your wants. In that case you are exactly at right place to get monetary assistance right way. You can apply for online [...]
With aid from state, Commerce Bank to tout business loans in area
Missouri Treasurer Clint Zweifel is trying to push the state’s cut-rate small-business lending program into St. Louis, and Commerce Bank says it will plan to make a lot more loans under it. View full post on All Stories
Clico files sent to DPP
THE REPORTS of several investigations into CL Financial subsidiaries, including insurance company Clico, are now in the hands of the Office of the Director of Public Prosecutions (DPP), Attorney General Anand Ramlogan said yesterday as he announced plans to unveil legislation to deal with the CL Financial issue in Parliament this Friday. View full post [...]
Corporate Mortgage Scams Threaten to Crash an Already Shaky Housing Market
A foreclosure pandemic riddled by corruption may stall America’s recovery. View full post on All Stories
World leaders criticize Israel for refusing to extend West Bank construction moratorium
Construction of a housing project resumes in the West Bank Jewish settlement of Ariel the day after the 10-month moratorium on Israeli construction in the Palestinian territory expired. View full post on All Stories
Regence drops child-only health coverage
Regence BlueShield, one of the state’s largest health insurers, will no longer offer child-only individual plans, a move that state insurance officials fear may trigger other insurers to drop similar policies. View full post on All Stories
