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Business Loan Rates News

Real estate notebook Sunday, September 5, 2010 @ 2:26AMWASHINGTON -- Mortgage rates fell to the lowest level in decades for the 10th time in 11 weeks, as investors worried about the economy. The average rate for a 30-year fixed loan was 4.32 percent this week, down from 4.36 percent last week, mortgage buyer Freddie Mac said Thursday.
Closing costs haven't surged but have become more accurate Sunday, September 5, 2010 @ 2:09AMThe federal government now requires lenders to stand by the good-faith estimates they provide to mortgage applicants or face fines. Mortgage closing costs may look as if they've skyrocketed, but it would be more accurate to say that they've just gotten real.
Japan Eases Economic Policy, Plans Stimulus Monday, August 30, 2010 @ 6:36PMJapan eases policy, plans new economic stimulus
Business Highlights Monday, August 30, 2010 @ 6:08PM___
Taking Stock / Your banker sleeps just fine at night Monday, August 30, 2010 @ 6:02PM1 - The governor of the Bank of Israel has a problem. He sees housing prices rising by the day. He understands that a large part of that increase is caused by the low level of interest rates.
Japan Policy Tinkering Leaves ’Huge’ Risk to Growth Monday, August 30, 2010 @ 5:53PMJapan’s limited policy response yesterday to risks facing economic growth after a surge in the yen may leave the recovery dependent on overseas spending.
Business Highlights Monday, August 30, 2010 @ 5:44PMAmericans are spending a little more this summer, but hardly enough to rejuvenate the weakening economy.
Business Highlights Monday, August 30, 2010 @ 5:36PM___ Americans spend a bit more as economy limps along WASHINGTON (AP) _ Americans are spending a little more this summer, but hardly enough to rejuvenate the weakening economy. What is needed is a bigger boost in salaries and more jobs. Economists don't see... United States - Business - Associated Press - WASHINGTON - Barack Obama
Business Highlights Monday, August 30, 2010 @ 5:36PMWASHINGTON (AP) _ Americans are spending a little more this summer, but hardly enough to rejuvenate the weakening economy. What is needed is a bigger boost in salaries and more jobs. Economists don't see either coming this year, which is why the economy is likely to limp along.
Lease Up (Aug. 29 - Sept. 4): BP Selects Memphis Facility to Store Gulf Cleanup Materials Monday, August 30, 2010 @ 4:12PMCoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. In this week's issue: BP inks a huge...
BOJ ups bank-loan program; yen unfazed Monday, August 30, 2010 @ 4:06PMUnder growing pressure to act, the Bank of Japan announced Monday it will ease its monetary stance further by expanding a ¥20 trillion lending program to ¥30 trillion, aiming to lower short-term interest rates and curb the yen's rise against the dollar. The decision came ahead of the government's release of its economic stimulus package later in the day. Prime Minister Naoto Kan has urged the ...
W&M grads among best at honoring loans Saturday, August 28, 2010 @ 1:47AMFrom National Public Radio Which graduate is more likely to honor a loan: Riff-raff from a state school or a savant from one of the Ivy League Universities?
BR housing sales down Saturday, August 28, 2010 @ 12:12AMJuly was a tough month for the metro area’s three major parishes, as the apparent hangover from the end of federal tax credits continued.
NASCAR office tower lenders could take a $40 million loss Friday, August 27, 2010 @ 7:23PMCHARLOTTE, N.C.-- Regions Bank wants to foreclose on the NASCAR office tower in uptown Charlotte but claims Wells Fargo is preventing it from doing so, according to documents Regions Bank filed last month. An affiliate of Indiana-based Lauth Property Group Inc., Corporate Plaza Partners LLC, developed the 19-story tower next to the NASCAR Hall of Fame. Corporate Plaza Partners defaulted on a $95 ...
Payday loan signs still pepper Tucson Friday, August 27, 2010 @ 6:09PMNearly two months after payday loans became illegal in Arizona, some stores have covered up the "Payday" portion of the sign, others have replaced them with signs for other products; yet, signs still exist in Tucson that advertise the high interest loans. Attorney General Terry Goddard says those signs should be gone. "It would be very suspicious if the name on the store still says payday loans ...
PSU banks to woo customers with cheaper loans this festive season Friday, August 27, 2010 @ 6:04PMIn a sign of how intense the competition in the consumer banking space has become, banks are planning to woo individuals with cheaper loans even as interest rates are on the rise.
SBA Stands Ready to Assist Illinois Residents Affected by Severe Storms and Flooding Friday, August 20, 2010 @ 1:20PMWASHINGTON--(BUSINESS WIRE)--Following the announcement of the Presidential disaster declaration in Illinois for several counties affected by severe storms and flooding on July 22 to August 7, 2010, Administrator Karen G. Mills of the U.S. Small Business Administration issued the following statement: “The U.S. Small Business Administration is strongly committed to providing the most effective ...
SBA Stands Ready to Assist Illinois Residents Affected by Severe Storms and Flooding Friday, August 20, 2010 @ 1:08PMWASHINGTON----Following the announcement of the Presidential disaster declaration in Illinois for several counties affected by severe storms and flooding on July 22 to August 7, 2010, Administrator Karen G.
Western Alliance Bancorporation Announces Pricing of $75 Million Senior Notes Offering Friday, August 20, 2010 @ 11:51AMLAS VEGAS--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE: WAL) today announced the pricing of $75 million in aggregate principal amount of its Senior Notes due 2015. The notes will bear interest annually at 10% and gross proceeds from the offering are expected to be approximately $73.9 million. The Company anticipates that the offering will be completed on August 25, 2010, and intends ...
Western Alliance Bancorporation Announces Pricing of $75 Million Senior Notes Offering Friday, August 20, 2010 @ 11:37AMLAS VEGAS----Western Alliance Bancorporation today announced the pricing of $75 million in aggregate principal amount of its Senior Notes due 2015. The notes will bear interest annually at 10% and gross proceeds from the offering are expected to be approximately $73.9 million.
Hearing set for assisted living zoning Friday, August 20, 2010 @ 11:22AMALGONA—During the Algona City Council Meeting on Monday, Aug. 2, the Algona City Council forwarded a request to planning and zoning to review about rezoning the property out by Ernie Williams, Ltd., from light manufacturing to residential multifamily type 1.
Fitch Affirms UMB Financial Corp's IDR at 'A+; Outlook Stable Friday, August 20, 2010 @ 11:05AMCHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed UMB Financial Corporation (UMBF) and its principal banking subsidiary, UMB Bank N.A., long-term Issuer Default Ratings (IDR) of 'A+' and the short-term IDRs of 'F1+'. The Rating Outlook remains Stable. A full list of ratings follows at the end of this release. Today's rating affirmation reflects UMB's long history as a conservatively managed ...
Fitch Affirms UMB Financial Corp's IDR at 'A+; Outlook Stable Friday, August 20, 2010 @ 10:53AMCHICAGO----Fitch Ratings has affirmed UMB Financial Corporation and its principal banking subsidiary, UMB Bank N.A., long-term Issuer Default Ratings of 'A+' and the short-term IDRs of 'F1+'.
Area news in brief: Aug. 20, 2010 Friday, August 20, 2010 @ 10:37AMPublished: Friday, August 20, 2010 at 10:23 a.m. Last Modified: Friday, August 20, 2010 at 10:25 a.m. THIBODAUX — A loan officer charged in February with forgery and identity theft has been discovered to have stolen $73,000 through fraudulent loans, Thibodaux Police said.
DCP Midstream Partners Reports Second Quarter 2010 Results Thursday, August 5, 2010 @ 8:17PMDCP Midstream Partners, LP , or the Partnership, today reported financial results for the three and six months ended June 30, 2010.
Mortgage rates hit record low for 7th week Thursday, August 5, 2010 @ 7:36PMMortgage rates for U.S. home loans fell to a record low for the seventh straight week, aiding a three-month trend of rising applications to refinance. The average rate of a 30-year fixed-rate mortgage dropped to 4.49 percent, from 4.54 percent last week,... Mortgage - United States - Refinancing - Business - Tax rate
Marlin Business Services Corp. Reports Second Quarter 2010 Results Thursday, August 5, 2010 @ 7:31PMSecond Quarter Highlights:
Territorial Bancorp Inc. Announces Second Quarter 2010 Results Thursday, August 5, 2010 @ 7:30PMHONOLULU -- Territorial Bancorp Inc. , the holding company parent of Territorial Savings Bank, reported net income rose by 43.5% to $3.2 million, or $0.29 per share for the three months ended June 30, 2010 from $2.3 million for the three months ended June 30, 2009.
Fannie Mae 2Q Loss Narrows; Doesn't Request More Federal Aid Thursday, August 5, 2010 @ 6:48PMFannie Mae 2Q Loss Narrows; Doesn't Request More Federal Aid
Summary Box: 15-year loan rates below 4 pct. Thursday, August 5, 2010 @ 6:21PMRARE OPPORTUNITY: Homeowners can now lock in a 15-year fixed-rate mortgage at a rate of less than 4 percent, the lowest in decades. RATES FALL: The average rate on the 15-year fixed loan dropped to 3.95 percent last week, according to mortgage company Freddie... Mortgage - Loan - United States - Business - Tax rate
Oriental Bk Q1 profit jumps 41 pct, shares gain Thursday, July 29, 2010 @ 6:33AM* Low cost deposit, higher advances push up profits
National Penn Bancshares, Inc. Reports Second Quarter 2010 Results Thursday, July 29, 2010 @ 6:25AM-
Moody’s Corporation Reports Results for Second Quarter 2010 Thursday, July 29, 2010 @ 6:13AMNEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE: MCO) today announced results for the second quarter of 2010. Summary of Results for Second Quarter 2010 Moody’s Corporation reported revenue of $477.8 million for the three months ended June 30, 2010, an increase of 6% from $450.7 million for the second quarter of 2009. Operating income for the quarter was $190.5 million, a 2% increase from ...
Hamish McRae: The subtle hand we must play on trade Wednesday, July 28, 2010 @ 4:09AMThe Government is seeking to rebalance Britain's trading relations away from slow-growing Europe to the emerging economies, of which Brazil, Russia, India and China are the largest, and that makes obvious sense.
Sumitomo Mitsui Profit Triples as Bad-Loan Costs Fall Wednesday, July 28, 2010 @ 3:46AMSumitomo Mitsui Financial Group Inc., Japan’s third-largest bank by assets, said first-quarter profit tripled, beating analysts’ estimates as bad-loan charges fell and trading income climbed.
Santa Cruz County Bank welcomes strong Q2 Wednesday, July 28, 2010 @ 3:41AMSANTA CRUZ -- Cost-savings measures and new income helped boost second quarter assets and profits for Santa Cruz County Bank.
India's most debt-ridden states Wednesday, July 28, 2010 @ 2:50AMThe minister said this in response to his detractors' claims that the state was reeling under the heavy debt burden.
Oman's Bank Sohar net shows quantum jump of 261% Wednesday, July 28, 2010 @ 1:59AMOman's Bank Sohar net shows quantum jump of 261%
Japan recovery not yet strong: BOJ Wednesday, July 28, 2010 @ 1:49AMExport growth, currency movements, end of govt stimulus key. 28 Jul 2010 4:35 PM
Dynex Capital, Inc. Reports Second Quarter Diluted EPS of $0.38 and Book Value Per Common Share of $9.80 Tuesday, July 27, 2010 @ 3:32PMGLEN ALLEN, Va.----Dynex Capital, Inc. reported diluted earnings per common share of $0.38 for the second quarter of 2010 versus $0.25 for the second quarter of 2009. The Company also reported book value per common share of $9.80 at June 30, 2010 versus $9.40 at March 31, 2010 and $9.08 at December 31, 2009.
Taubman Centers Announces Second Quarter Results Tuesday, July 27, 2010 @ 3:30PM-
Cathay General Bancorp Announces Net Income of $1.9 Million for Second Quarter 2010 Tuesday, July 27, 2010 @ 3:30PMCathay General Bancorp , the holding company for Cathay Bank , today announced results for the second quarter of 2010.
RenaissanceRe Reports Net Income Available to RenaissanceRe Common Shareholders of $210.2 Million for the Second ... Tuesday, July 27, 2010 @ 3:30PMPEMBROKE, Bermuda----RenaissanceRe Holdings Ltd. today reported net income available to common shareholders of $210.2 million or $3.66 per diluted common share in the second quarter of 2010, compared to net income available to common shareholders of $271.2 million or $4.32 per diluted common share for the second quarter of 2009.
IESI-BFC Ltd. Announces Strong Results for the Three and Six Months Ended June 30, 2010 Tuesday, July 27, 2010 @ 3:30PMTORONTO, ONTARIO--(Marketwire - 07/27/10) - IESI-BFC Ltd. (the "Company") (TSX: BIN - News )(NYSE: BIN - News ) reported financial results for the three and six months ended June 30, 2010. (All amounts are in United States ("U.S.") dollars, unless otherwise stated) Management Commentary Reported revenues increased $45.9 million or 18.1% from $253.7 million in the second quarter of 2009 to $299.6 ...
Hotel room rates fall to 1999 levels Wednesday, July 21, 2010 @ 6:56PMFIERCE COMPETITION among hoteliers in the Republic’s hard-hit hospitality industry has seen average room rates drop back to 1999 levels, according to a survey of businesses.
Little Joy at Carlyle’s Party Supply Company Wednesday, July 21, 2010 @ 6:27PMFor most of the 78 years since its founding in Omaha, the Oriental Trading Company has been the life of the party.
Tennessee Commerce Bancorp, Inc. Announces Second Quarter Earnings Release and Conference Call on the Internet Wednesday, July 21, 2010 @ 6:00PMFRANKLIN, Tenn. -- Tennessee Commerce Bancorp, Inc. has scheduled its Second Quarter 2010 results announcement for Tuesday, July 27, 2010. Michael R. Sapp, Chairman and Chief Executive Officer, Frank Perez, Chief Financial Officer and senior management will be available for questions from shareholders and the media following prepared remarks.
Mortgage Volume Increases 7.6 Percent Last Week Wednesday, July 21, 2010 @ 10:00AMMortgage application volume rises 7.6 percent last week on record low mortgage rates Mortgage - Business - Financial Services - United States - Arizona
Mortgage volume rises, boosted by low rates Wednesday, July 21, 2010 @ 9:58AMApplications for home loans rose last week as rates on 30-year and 15-year fixed-ate loans sank to the lowest levels on the survey's record. Mortgage - Loan - Business - Financial Services - United States
LendingTree Weekly Mortgage Rate Pulse Reports Record-Breaking Low Rates Wednesday, July 21, 2010 @ 9:57AMMortgage rates reached record-breaking lows this week with the Current Coupon dropping 12 basis points to 3.51 percent, according to LendingTree's Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders.