Headline News: Financial

Global Financial News, Breaking Financial News, Debt and Mortgage Loan Crisis News

Staff at The Sun tabloid arrested in bribe inquiry

LONDON (AP) — Britain’s biggest-selling tabloid newspaper was fighting to contain the damage after five of its employees were arrested Saturday in an inquiry into the alleged payment of bribes to police and other officials, detectives and the newspaper’s parent … Continue reading

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7 Ways the U.S. Government Wastes Money

You don’t have to look very far to find the U.S. government wasting money. It’s everywhere. It’s where you think it is and in places where you’d never even think of looking. The government’s wasteful spending habits go way beyond … Continue reading

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JC Penney CEO: America Believes in Ellen Degeneres

The new marketing campaign hasn’t even launched yet, but just about every American knows Ellen DeGeneres is JC Penney’s new spokesperson. A group called One Million Moms organized a Facebook campaign protest this week in response to JC Penney’s decision … Continue reading

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Big Is Back: Mega-Mansions of the Super Wealthy

The latest project of Hyatt hotel heir Anthony Pritzker is a 49,300-square-foot building designed by an architecture firm in Paris. It involves a small army of specialized consultants and boasts amenities like a bowling alley, hairdressing area and gym. The … Continue reading

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Mortgage Rates Flat to Slightly Improved After Auction, Greece News

For several sessions in a row, Mortgages Rates have moved in the opposite direction from the previous session, although even the bigger examples of these movements haven’t been enough to nudge 3.875% out of the “best-execution” position.  The same back-and-forth … Continue reading

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Mortgage Rates at a Tipping Point After Rising Today

Mortgages Rates moved higher today at the quickest pace of the week.  For the second time this year, the 3.875% Best-Execution rate on 30yr Fixed Conventional loans is in question.  If rates move much higher from here, the average Best-Execution rate … Continue reading

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Mortgage Rates Battle Back From The Edge

With yesterday’s increases, Mortgages Rates moved to the edge of their recently long and stable stay at a 3.875% Best-Execution level.  While some lenders are still best-priced at 4.0%, the average Best-Execution rate moved back down into 3.875% territory today.  Keep … Continue reading

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Thank you!

FOR ALL MORTGAGE AND LENDING NEWS VISIT LANSNER ON REAL ESTATE! You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed. Read … Continue reading

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Hanover Posts $49M Q4 Profit; Pricing Improved in Commercial Lines

The Hanover Insurance Group, based in Worcester, Mass., reported $49.3 million for its 2011 fourth-quarter net income, down 15.6 percent from one year ago when the insurer posted $58.4 million profit. For the 2011 full year, Hanover posted net income … Continue reading

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Poms Names Mahl SVP of Property & Casualty in Southern California

Woodland Hills, Calif.-based Poms Associates Insurance Brokers Inc. has named Robert Mahl senior vice president of its property/casualty group in the firm’s Woodland Hills office. Mahl was previously vice president of property/casualty insurance and apparel practice Leader for USI Insurance … Continue reading

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