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

Johnston Joins Gorst & Compass in California as Vice President

Gorst Compass has named Russ Johnston vice president of business development and marketing. Johnston is based in San Diego, Calif. and will be responsible for business development and marketing for the Western region. Johnston comes to Gorst from Conway ES, … Continue reading

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Education a Priority for Outgoing IIAT Executive Director

Texas’ and the nation’s largest state level independent insurance agents’ association is about to lose its long-time executive director, but David VanDelinder plans to continue working with agents and agencies in an educational role. VanDelinder has been executive director of … Continue reading

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Mortgage Rates Back to Pre-Taper-Tantrum Levels

Mortgage rates fell decisively today, bringing some lenders back in line with rate sheets seen on May 22nd, 2013.  That’s significant because it was arguably the first day of the ‘Taper Tantrum,’ when markets began pricing in the effects of … Continue reading

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Wall Street ends lower after tumultuous session

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks fell for a third day in a volatile session Tuesday, led by declines in consumer discretionary and technology shares, while another drop in the Russian rouble added to worries about the … Continue reading

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Is the Fed about to ditch its ‘considerable time’ language?

“O, what men dare do! What men may do! What men daily do, not knowing what they do!” – “Much Ado About Nothing” Shakespeare seemed to have some insights on how markets have failed to understand monetary policy these days, … Continue reading

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7 ways to play the Russian contagion

Now watching   Next video starts in : 7 Play 7 ways to play the Russian contagion Up next Why Russia isn’t anywhere close to a default    Article source: Article Source

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Investors take cover amid Russia crisis, oil slide

By Wayne Cole SYDNEY (Reuters) – An uneasy calm settled on Asian markets on Wednesday as a brewing financial crisis in Russia and the rout in oil prices sent investors scurrying for the cover of top-rated bonds. Yields on British, … Continue reading

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China Journal Says Planned Insurance Trust Fund to Start with $6.5 Billion

A planned insurance fund for China’s trust industry will have an initial size of around 40 billion yuan ($6.47 billion), the state-owned China Securities Journal reported on Saturday, citing unidentified officials from the banking regulator. The fund, the first of … Continue reading

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Terrorism Insurance Bill Tagged with Community Bank Provision

When the U.S. House of Representatives approved a terrorism insurance bill last week, it contained a little-noticed provision that would require at least one member of the Federal Reserve’s board to have community banking experience. That provision appears destined to … Continue reading

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UPC Insurance to Acquire Family Security Holdings

United Insurance Holdings Corp. (UPC Insurance) said it plans to acquire Family Security Holdings LLC for $9 million. The transaction is expected to close by Jan. 31, 2015. FSH is an insurance holding company with two wholly owned subsidiaries, Family Security Insurance … Continue reading

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