Anglo Irish Bank posts record first-half loss
Ireland’s state-run Anglo Irish Bank reported a record first-half loss on Tuesday, hit by soaring bad debts, and revealed that the government had injected another 8.58 billion euros to prop it up.
Read more on AFP via Yahoo! News
Mortgage rates reach…
From the Fed: Minutes of the Federal Open Market Committee Economic outlook: Members still saw the economic expansion continuing, and most believed that inflation was likely to stabilize near recent low readings in coming quarters and then gradually rise toward levels they consider more consistent with the Committee’s dual mandate…
As we’ve discussed for some time, the Case-Shiller index is seriously lagged to real time data. The release today was for “June”, but it is really an average of April, May and June. Home sales were strong in April, May and June, and then collapsed in July. And prices have…
Let’s say you do business with 5 or 6 lenders. You (or your compliance department) get email updates. Maybe you get them one at a time. Maybe you get 10 changes at one time. An easy way to keep track of all lenders, all at one time is by subscribing…
The FDIC released the Q2 Quarterly Banking Profile today. The FDIC listed 829 banks with $403 billion in assets as “problem” banks in Q2, up from 775 banks in Q1 2010, but the total assets declined from $431 billion in assets in Q1 2010. There were 702 banks with $403…
One of the biggest things that’s changed in my life since my financial turnaround and subsequent career changes is that I’m constantly involved in a lot more self-evaluation than I used to be. I’m constantly looking at how I do things, looking for ways to improve the quality and…
IMPORTANT : These graphs are Seasonally Adjusted (SA). S&P has cautioned that the seasonal adjustment is probably being distorted by irregular factors. These distortions could include distressed sales and the various government programs. S&P/Case-Shiller released the monthly Home Price Indices for June (actually a 3 month average of April,…
Logan’s Roadhouse agrees to buyout by equity firm Kelso
Nashville-based Logan’s Roadhouse, Inc., a steakhouse chain with 214 locations in 23 states, has agreed to be acquired by Kelso & Co., a New York private-equity firm.
Read more on The Tennessean
Pacific North West Capital continues Exploration Program on…
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This introduction to computer-based problem-solving using the MATLAB® environment is highly recommended for students wishing to learn the concepts and develop the programming skills that are fundamental to computational science and engineering (CSE). Through…
Guy Glisson Joins HomeBanc as Mortgage Loan Officer
TAMPA, FL — (August 30, 2010) – Tampa-based HomeBancorp, Inc. has named Guy Glisson as Mortgage Loa…
Read more on citybizlist South Florida
Car loan rates slipping as lending costs drop
NEW YORK — It’s easy to overlook the cost of…