Debt and bankruptcy relief plan to benefit 30,000 homeowners – Irish Times
Tens of thousands of others who have amassed large unsecured and unaffordable personal debt will also be able to use measures contained in a Personal Insolvency Bill to lessen their debt burden or lift it entirely. The new Bill, announced by Minister for …
Read More
Wollaston Theatre purchased by supermarket owner
The Wollaston Theatre in Quincy has finally been sold after years of controversy and false hopes. According to Land Deed records, the property was transferred from Yvonne Chandler to Weston-based BNW Realty LLC on Jan. 25 for $600,000. BNW is managed by Michael Fang, who is trying to open a C-Mart in North Quincy. Fang says he hasn’t decided what to do with the building, but will be seeking …
Read More
Las Vegas Analyst: Foreclosures In U.s. Could Reach 10 Million
Home prices in Las Vegas will continue to slide for the next six months and recovery won't come until banks open up the spigot again on foreclosures, housing analyst Dennis Smith said Thursday in his annual housing outlook webinar. Recent legislation cracking
Read More
Allstate adds roof insurance to improve homeowners revenue – Chicago Tribune
Allstate Corp., trying to improve profits in its homeowners’ insurance business, will launch a new product called House & Home that will deal with losses caused by poorly maintained roofing, its chief executive said Thursday. The Northbrook …
Read More
Intesa Sells First Italian Unsecured Bank Bond Since July – Bloomberg
Intesa Sanpaolo SpA (ISP), Italy’s second- biggest bank, sold senior, unsecured bonds in the first benchmark offering of the debt from one of the country’s lenders since July. The 1.5 billion euros of 18-month bonds were priced to yield 295 …
Read More
Australia’s small banks set to feel funding pinch – Reuters
|
Australia's small banks set to feel funding pinch
Reuters … Feb 1 (IFR) – Australia's non-major banks could end up paying more than twice the spread for raising senior unsecured debt that they incurred last year, if the new five-year bond from National Australia Bank prices in line with guidance. |
Fitch Downgrades Ally Financial Inc. to ‘BB-’; Outlook Revised to Negative – MarketWatch (press release)
|
Fitch Downgrades Ally Financial Inc. to 'BB-'; Outlook Revised to Negative
MarketWatch (press release) NEW YORK, Feb 02, 2012 (BUSINESS WIRE) — Fitch Ratings has downgraded the long-term Issuer Default Rating (IDR) and the senior unsecured debt rating of Ally Financial Inc. (Ally) and its subsidiaries to 'BB-' from 'BB'. The Rating Outlook is Negative. Ally Financial Reports Preliminary Fourth Quarter and Full Year 2011 Financial … |
BizBuySell Launches New, Free Guide to Help Nation’s Small Business Owners Prepare Their Business for Sale – YAHOO!
BizBuySell, the Internet’s largest business- for-sale marketplace, has published its new “Guide to Selling Your Small Business,” a comprehensive, 100+ page manual to help small business owners maximize their success when the day to sell arrives.
Read More
Tracy Morgan – Tracy Morgan’s Mum Facing Home Foreclosure – Contactmusic.com
Funnyman Tracy Morgan’s estranged mum is facing foreclosure on her home after failing to make $25,000 (£15,625) in mortgage payments. Alicia Warden, 61, lost her job in Ohio last year (11) and she has since fallen on hard times. The 30 Rock star’s sister …
Read More
Obama details broader housing plan
President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth. He conceded that his administration’s housing plans so far have not lived up to their promise.
Read More