Archive for April, 2009
Full of Ambition, Short on Aid
Amid a confluence of rising tuition, exceptional competition for scholarships and his family?s financial troubles, Brennan Jackson is out to raise the $25,000 he needs to start college.
Rise in amount of equity released
The amount of money retired people unlocked from their homes rose during the first quarter as pensioners looked to offset lower savings rates, research shows.
Solidifi & Altus Group Complete Financing to Develop Lending and Insurance Data Solutions
CHICAGO—-Solidifi Inc. announced today that it has completed an additional equity investment with Altus Group Income Fund .
Capstead Mortgage Corporation Announces First Quarter 2009 Earnings
DALLAS—-Capstead Mortgage Corporation today reported net income of $42,076,000 for the quarter ended March 31, 2009 compared to $24,302,000 for the fourth quarter of 2008. After considering preferred share dividends, the Company earned $0.58 per diluted common share for the first quarter of 2009 compared to $0.32 for the fourth quarter of 2008.
American Physicians Capital, Inc. Reports First Quarter 2009 Results
EAST LANSING, Mich.—-American Physicians Capital, Inc. today announced net income of $10.1 million or $1.13 per diluted common share for the first quarter of 2009
Senate Defeats Mortgage ‘Cram-Down’ After Banks, Democrats Balk
April 30 — The U.S. Senate rejected legislation letting U.S. bankruptcy judges cut mortgage terms to help borrowers avoid foreclosure, a victory for banks and credit unions that said the measure would lead to higher loan costs.
Senate Defeats Mortgage ‘Cram-Down’ After Banks, Democrats Balk
April 30 — The U.S. Senate rejected legislation letting U.S. bankruptcy judges cut mortgage terms to help borrowers avoid foreclosure, a victory for banks and credit unions that said the measure would lead to higher loan costs.
Greenspan: Foreign Skilled Workers May Help US Housing Woes
WASHINGTON — Former Federal Reserve Chairman Alan Greenspan said Thursday that increasing skilled foreign workers in the U.S. could mollify housing price declines that have caused “the plunge in the value of the vast quantity of U.S
GemStone Unveils GemFire Enterprise 6.0
BEAVERTON, Ore.—-GemStone Systems, the leading provider of distributed data management technologies, today announced availability of GemFire Enterprise 6.0. The new version incorporates advanced capabilities enabling customers to dynamically adjust compute resources to meet service demands without any interruption to operations.
Senate Mortgage ‘Cram-Down’ Bill Headed to Defeat as Banks Balk
April 30 — Senate legislation letting bankruptcy judges cut mortgage terms to help borrowers was headed to defeat as a half dozen Democrats were opposed or undecided and major U.S.
