Terrace Capital closes $4.2 MM commercial loan in Brooklyn, NY. The loan was originated by Terrace Capital’s Senior …

The new first mortgage loan was secured by an apartment building in the Park Slope section of Brooklyn, New York.New York, NY July 10, 2011 Terrace Capital, Inc., in strategic partnership with Greystone Servicing Corporation, Inc., has refinanced 528 Bergen Street, a 21-unit class A, apartment complex located in the Park Slope section of Brooklyn, New York.The proceeds of this $4.2 ...

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Faroe Petroleum signs two new credit facilities

LONDON - Faroe Petroleum ’s shares surged after the North Sea-focused oil group said it has secured two new banking facilities that would provide substantial additional finance to support the company’s growth plans.

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Broad Financial Launches its ‘Entrepreneur Solo 401K’ for Self-Employed Individuals

Broad Financial helps widen retirement plan options and opens doors to more investment opportunities with a self-directed IRA custom-made for the self-employed.Gilbert, AZ July 08, 2011 Tirdad Zarookian, 55, was looking into alternative investments to help his retirement account grow. A business taxes accountant, Zarookian is used to managing accounts on his own time and it was this same ...

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European suicide rates pushed higher by financial crisis

LONDON - Suicides rates rose sharply in Europe in 2007 to 2009 as the financial crisis drove unemployment up and squeezed incomes, with the worst hit countries like Greece and Ireland seeing the most dramatic increases, researchers said on Friday.

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PNC Financial Stays Neutral

We have reiterated our Neutral recommendation on PNC Financial Services Group Inc.

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GE Energy Financial Services Expands Gas-Fired Lending Portfolio with $73 Million for LS Power Merchant Plants

Bolstering its lending portfolio of natural gas-fired power plants, GE unit GE Energy Financial Services announced today it is providing $73 million for three merchant generating facilities owned by an affiliate of LS Power in Illinois and Connecticut.

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WebEquity Solutions Completes FFIEC Exam

Company’s cloud-computing commercial lending software serves more than 700 financial institutions and exhibits safe and sound performance.Omaha, NE July 06, 2011 WebEquity Solutions® LLC announced today that it has successfully concluded its first examination by the Federal Financial Institutions Examination Council. The FFIEC consists of the Federal Deposit Insurance ...

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Beltone Financial Selects SunGard’s Valdi and Global Network to Support its Middle East Trading Business

Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard's Valdi trading and order management solution to support its local and regional trading business via a single front-office platform.Dubai July 06, 2011 Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard's Valdi trading and ...

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Little-known way to save on foreclosures

Fannie's HomePath program doesn't require mortgage insurance or an appraisal.

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Secrets to getting a mortgage

Getting a mortgage can be tough these days -- even people with near-perfect credit have been rejected for loans. But for some lucky borrowers, things aren't as bad as the doom-and-gloom crowd says.

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