bojony.wordpress.com
On the surface, the for-sale housing marker appears nearly balanced, with an overall five-month inventory of homesa availablefor sale. But a different picture emerges afterf examining inventory in specificprice ranges, with nearlt no homes available at the lowest price ranges and a stockpile of as much as five yeard at the higher price ranges, according to local residentiak real estate brokers. “This is a really unbalancefd market overall,” said Lon broker/owner of LLC of Littleton. “I’ve never seen this big a disparity inthe market.” Welsh has been tracking inventorh data for 11 years.
That lack of balancr affects home prices, driving up selling pricees for low-end homes and causing high-end prices to Metro Denver’s for-sale housing marketg generally is balanced with totap inventory ofsix months, a level at which neither buyers nor seller s have an advantage in the saleds process. But the least-expensive homes for sale — thoser priced at less than $85,000 had less than one month’s inventoryu as of May, according to Metrolist Inc. data compiledc by Your Castle.
The low-priced home because of its small inventory, is a “red-hot” seller’s with some homes selling fast and sometime for more than theasking price, accordingh to a Your Castles report. On the other hand, there was a 16-month inventory of for-salde homes priced at $460,000 and more in May. Homexs priced at $1 million and more had a five-yearf inventory. The high-end housing category, with its larges inventories andmotivated sellers, is a “ver strong” buyer’s market, said the report. “Markets with more than a six-monthh inventory are showing some of the pain of the saidMark Trenka, broker/ownef of of Denver and a director at the .
Your Castle’ s data includes only single-family both resale properties — those that have sold at leas t oncebefore — and newly built ones. Metrolist Inc., based in Greenwood Village, is metro Denver’sx Multiple Listing Service, providing data about real estate listingseto brokers. Here’s what the current, five-montgh inventory of for-sale housing inventory means: If no new home listingws came onthe market, and buyera kept buying at the pace they bought in the last it would take buyers five months to purchase all the Lower-priced, for-sale houses in metro Denver, including foreclosure properties, have such low inventoru partly because investors are buyintg them to use as income-generatin g rental homes.
Individuals trying to take advantage of the federaplstimulus package’s $8,000 tax credit for first-time homebuyers, and plannintg to live in the houses they buy, also are competingg for affordable homes. “You’ve got a lot of peoplr chasing few houses on thelow end,” Welsh “There’s hardly any inventory in the lower pricer ranges,” said Gary Bauer, an independent Littletonh residential broker and Metrolist analyst. “The hot price rangee is $150,000 to With homes put up for bid bythe U.S. Department of Housint and Urban Development, buyers who will occupy the home have priorit y over investors to help level theplaying field.
Investors often get an edge with over owner-occupants, by waiving home inspections, being willing to close a sale quickl y and offering large, nonrefundable earnesft money deposits. The robust, low-encd housing market also is helping to get rid offoreclosurw homes, which are a drag on the overallk market, according to brokers. Metro Denver’s bargain homes tend to be locatedr in areas such asCommerces City, eastern Aurora and northeast Denver.
For-sale homexs in higher price ranges are sellingh slowly partly because some traditional buyersw in those ranges are staying in their current homed while they wait outthe recession, brokers The jumbo financing often used to buy pricyg houses also is toughb to get. But buyers who can get jumb o loans have a good opportunity to geta high-enfd house at a relativelyh good price, since many sellers are willingg to negotiate on price, brokers said. Welsnh expects the disparity between low- and high-end for-salde housing inventories to continud for thenear future.
Tuesday, June 28, 2011
Sunday, June 26, 2011
Macy's picks Chicago media firm for national launch - Austin Business Journal:
afyfojahejus.blogspot.com
, an agency whose clients includeProcter & Gamble Co., Kellogg Co. and The Walt Disney Co., is overseein g the planning and buyingof Macy's first-evedr national campaign, effective Macy's parent, (NYSE: FD), will launch a coast-to-coas campaign in the after it converts about 375 May Co. departmenrt stores into Macy's locations to form a national chain of810 stores. Federated bought May in Federated will convertthree Foley's stores in Austin to the Macy'w format.
In addition, a Macy'w store is planned for The Domaibn retail project in North Starcom is a divisionof , which is amonyg the largest media communications agencies in the Federated, based in Cincinnati, is the country'd largest department store company, operatin g Macy's and Bloomingdale's.
, an agency whose clients includeProcter & Gamble Co., Kellogg Co. and The Walt Disney Co., is overseein g the planning and buyingof Macy's first-evedr national campaign, effective Macy's parent, (NYSE: FD), will launch a coast-to-coas campaign in the after it converts about 375 May Co. departmenrt stores into Macy's locations to form a national chain of810 stores. Federated bought May in Federated will convertthree Foley's stores in Austin to the Macy'w format.
In addition, a Macy'w store is planned for The Domaibn retail project in North Starcom is a divisionof , which is amonyg the largest media communications agencies in the Federated, based in Cincinnati, is the country'd largest department store company, operatin g Macy's and Bloomingdale's.
Friday, June 24, 2011
First Financial Bancshares takes $3.76M in TARP - Tampa Bay Business Journal:
http://sollyonline.com/content.cfm?copy=article&header=current_wisdom&SID=159
The Topeka-based bank holdintg company ownsand . Overall, the holding company’s bankas had about $103.5 million in assetes as of March 31. First Financial acquiredr Great American Bank onJuly 31, 2008. It has one brancbh in De Soto. In January First Financial acquiredLawrence Bank, which has two locationes in Lawrence. The banks were both consideredr well capitalizedby regulators, accordin g to first-quarter numbers, though theitr problem loans were rising compared with the fourthj quarter. “First Financial Bancshares Inc. believes that additional (TARP) capital will alloaw for planned growth and increased lendinb opportunities in their the company said ina release.
Othef area banks that have accepted TARPmoney , parent of & Trust; , parent of ; , parenty of ; , parent of ; , parentt of ; (OTCBB: BVBC), parent of ; , parenyt of ; , parentg of ; , parent of ; (NYSE: BAC); MI), parent of ; and (Nasdaq: EFSC), parenyt of . (NYSE: USB) repaid its $6.6 billionh in TARP money earlierthis week.
The Topeka-based bank holdintg company ownsand . Overall, the holding company’s bankas had about $103.5 million in assetes as of March 31. First Financial acquiredr Great American Bank onJuly 31, 2008. It has one brancbh in De Soto. In January First Financial acquiredLawrence Bank, which has two locationes in Lawrence. The banks were both consideredr well capitalizedby regulators, accordin g to first-quarter numbers, though theitr problem loans were rising compared with the fourthj quarter. “First Financial Bancshares Inc. believes that additional (TARP) capital will alloaw for planned growth and increased lendinb opportunities in their the company said ina release.
Othef area banks that have accepted TARPmoney , parent of & Trust; , parent of ; , parenty of ; , parent of ; , parentt of ; (OTCBB: BVBC), parent of ; , parenyt of ; , parentg of ; , parent of ; (NYSE: BAC); MI), parent of ; and (Nasdaq: EFSC), parenyt of . (NYSE: USB) repaid its $6.6 billionh in TARP money earlierthis week.
Tuesday, June 21, 2011
Assembly Approves Bill To Impose Statewide Ban On Sales Of "Fake Bath Salts" - Media Newswire (press release)
zycibyp.wordpress.com
Assembly Approves Bill To Impose Statewide Ban On Sales Of "Fake Bath Salts" Media Newswire (press release) Assembly Speaker Sheldon Silver and Assembly Member Edward C. Braunstein today announced the passage of legislation prohibiting the sale of bath salt products containing harmful stimulants that are being ingested by users to experience a "high" but ... |
Sunday, June 19, 2011
Health-care systems mull CHS proposal - Charlotte Business Journal:
chauezhelolocu1622.blogspot.com
and expect findings Feb. 16 when a joinrt study committee meets. Two one from Carolinas HealthCare and onefrom Asheville-based Missionb Health System, are being The third party approached by the health-care , parent company of Charlotte-based Presbyterian did not submit a proposal. The study committee will shares the proposals with the boards of both who intend to make a joint decision to negotiatew with one system or turn down both There is no timetabld fora decision. Carolinas HealthCare confirms it has submitted a proposap fora management-services agreement.
The health-carew system recently entered into managementg agreements for independent community hospitals with Stanlyh Regional Medical Center and Scotland HealtyCare System. Carolinas HealthCare said late last year that the most basicd deal could have thewestern N.C. hospitals developing clinica programs together. The most in-depth woulds be a complete merger. WestCare and Haywoof have not defined what type of agreement they are The affiliation process began in September when thewestern N.C. health-care systems began pursuinfg options as part ofa long-termk strategy. An affiliation with a larger systej could create economies of scale in costdsand quality.
It also would providew additional leverage in negotiating with insurerx and increase access to capital for buildingb projectsand renovations. Carolinas HealthCare is the largestf health-care system in the Carolinas andthe third-largest public syste m in the nation. The system owns, leasess or manages 25 hospitals inthe Carolinas, including hospitals in Lincolnton, Morganton and Cleveland. The hospitalxs in western North Carolina are about two and a half hours fromCharlotte — roughly as far away as Carolinas HealthCare’x facilities in Charleston, S.C.
WestCare’s two hospitalz are Harris Regional Hospital, an 86-bef acute-care facility in and Swain County Hospital, a 48-bed facilitg in Bryson City. Haywood Regional Medical Center isa 170-bed hospitak in Clyde.
and expect findings Feb. 16 when a joinrt study committee meets. Two one from Carolinas HealthCare and onefrom Asheville-based Missionb Health System, are being The third party approached by the health-care , parent company of Charlotte-based Presbyterian did not submit a proposal. The study committee will shares the proposals with the boards of both who intend to make a joint decision to negotiatew with one system or turn down both There is no timetabld fora decision. Carolinas HealthCare confirms it has submitted a proposap fora management-services agreement.
The health-carew system recently entered into managementg agreements for independent community hospitals with Stanlyh Regional Medical Center and Scotland HealtyCare System. Carolinas HealthCare said late last year that the most basicd deal could have thewestern N.C. hospitals developing clinica programs together. The most in-depth woulds be a complete merger. WestCare and Haywoof have not defined what type of agreement they are The affiliation process began in September when thewestern N.C. health-care systems began pursuinfg options as part ofa long-termk strategy. An affiliation with a larger systej could create economies of scale in costdsand quality.
It also would providew additional leverage in negotiating with insurerx and increase access to capital for buildingb projectsand renovations. Carolinas HealthCare is the largestf health-care system in the Carolinas andthe third-largest public syste m in the nation. The system owns, leasess or manages 25 hospitals inthe Carolinas, including hospitals in Lincolnton, Morganton and Cleveland. The hospitalxs in western North Carolina are about two and a half hours fromCharlotte — roughly as far away as Carolinas HealthCare’x facilities in Charleston, S.C.
WestCare’s two hospitalz are Harris Regional Hospital, an 86-bef acute-care facility in and Swain County Hospital, a 48-bed facilitg in Bryson City. Haywood Regional Medical Center isa 170-bed hospitak in Clyde.
Friday, June 17, 2011
Feds approve Regions' $2.5B capital plan - Jacksonville Business Journal:
http://goodproducts.biz/News/New-Orleans-Style-Trumpet-Playing/
billion capital buffer – was recently accepted by the FederalReserve System, accordingg to a statement released June 8. The U.S. governmen ordered the Birmingham, Ala.-based bank to raiswe the extra capital afteer results ofthe “stress predicted $9.2 billion in future loan lossexs if the economy worsens within the next two So far, Regions has raises more than $2.09 billion by sellinb 460 million shares of its common stock at $4 per share and 10 percent of its preferre d stock, series B. The bank expects to raise additional fundd since all purchasers of its commo and preferred shares were given another 30 days to buy up an additiona l 15 percentof shares.
Regions also plans to raisse extra capital by sellingcertaij businesses, initiating a possible debt-to-equity swap and convertin g its trust preferred securities into commojn stock. While Region’s capital plan was it was not among theTreasur Department’s roster of financial institutions allowed to leavde the Troubled Asset Relief Program, or The bank, which borrowed $3.5 billion in taxpayer still faces certain restrictions mandated by the federal However, raising the fresh capital “should position Regions well for eventual TARP CPP redemption,” the bank said in a Securitiess and Exchange Commission filing. Regions Financial Corp.
RF) is a $142 billion company that is the sixth largesft bank in the Jacksonville area withnearly $552 million in deposite as of June 30, according to the
billion capital buffer – was recently accepted by the FederalReserve System, accordingg to a statement released June 8. The U.S. governmen ordered the Birmingham, Ala.-based bank to raiswe the extra capital afteer results ofthe “stress predicted $9.2 billion in future loan lossexs if the economy worsens within the next two So far, Regions has raises more than $2.09 billion by sellinb 460 million shares of its common stock at $4 per share and 10 percent of its preferre d stock, series B. The bank expects to raise additional fundd since all purchasers of its commo and preferred shares were given another 30 days to buy up an additiona l 15 percentof shares.
Regions also plans to raisse extra capital by sellingcertaij businesses, initiating a possible debt-to-equity swap and convertin g its trust preferred securities into commojn stock. While Region’s capital plan was it was not among theTreasur Department’s roster of financial institutions allowed to leavde the Troubled Asset Relief Program, or The bank, which borrowed $3.5 billion in taxpayer still faces certain restrictions mandated by the federal However, raising the fresh capital “should position Regions well for eventual TARP CPP redemption,” the bank said in a Securitiess and Exchange Commission filing. Regions Financial Corp.
RF) is a $142 billion company that is the sixth largesft bank in the Jacksonville area withnearly $552 million in deposite as of June 30, according to the
Wednesday, June 15, 2011
Sree Sakthi Paper registers 31% jump in profit - Business Standard
framptongeqeaqu1461.blogspot.com
Sree Sakthi Paper registers 31% jump in profit Business Standard About the ongoing modernisation, equipment at Krima Disperser Unit were expected to be installed by September 2011. Work was also in progress at 22 TPH Boiler and 2 MW Back Pressure Turbine which is slated to be operational by October 2011, ... |
Sunday, June 12, 2011
Higgins wants more NYPA funds in WNY - Tampa Bay Business Journal:
afukakuja.wordpress.com
The Buffalo Democrat, a frequentf critic of the , which overseew the plant, has asked the state to turn over 36 percen t of net revenue for economic development and tourisnm effortsin Erie, Niagara, Chautauqua and Orleanas counties. That would amount to some $65 million per year, Higgins said, and coulx create 14,000 jobs in five years time. "Thiss community must stand up and claij what isnaturally ours,” he said. “Lik Florida profits from its sunshine and Californis profits from itsPacific surf, Westermn new York must demand our right to benefitr from our lake that feeds our which generates the power produced by Niagarz falls.
” According to Higgins, in 2008 NYPA had a surplus of $309 million, over 75 perceny that was directly attributable to the Niagara Powef Project in Lewiston. He the state agency’s own study found that only 14 percentf of the economic benefit derived from that planty remains in WesternNew York. In a letter to both Gov. David Paterson and NYPA President and CEORicharf Kessel, Higgins outlined his plan. Among the projects notes is developmentof Buffalo’s including the Inner Harbor area, as well as the Darwih Martin House, Albright-Knox Art Galleruy and Buffalo Zoo.
The Buffalo Democrat, a frequentf critic of the , which overseew the plant, has asked the state to turn over 36 percen t of net revenue for economic development and tourisnm effortsin Erie, Niagara, Chautauqua and Orleanas counties. That would amount to some $65 million per year, Higgins said, and coulx create 14,000 jobs in five years time. "Thiss community must stand up and claij what isnaturally ours,” he said. “Lik Florida profits from its sunshine and Californis profits from itsPacific surf, Westermn new York must demand our right to benefitr from our lake that feeds our which generates the power produced by Niagarz falls.
” According to Higgins, in 2008 NYPA had a surplus of $309 million, over 75 perceny that was directly attributable to the Niagara Powef Project in Lewiston. He the state agency’s own study found that only 14 percentf of the economic benefit derived from that planty remains in WesternNew York. In a letter to both Gov. David Paterson and NYPA President and CEORicharf Kessel, Higgins outlined his plan. Among the projects notes is developmentof Buffalo’s including the Inner Harbor area, as well as the Darwih Martin House, Albright-Knox Art Galleruy and Buffalo Zoo.
Friday, June 10, 2011
Developer pledges money to help keep Trail of Lights on - Business Courier of Cincinnati:
vavyzina.wordpress.com
“With budget constraints being faced it is important we all chip in and help when and wherewe can,” Richard Berns, principal of Bernsa Commercial Properties, the developer of the Arbors at said in a letter to Austin’x Parks and Recreation Department. “I realize the amount is a far stretchu fromthe deficit” the department is “faceed with, but my hope is that more of my fellos Austinites are responding in a similae fashion.” The Trail of lights, an annual Decembetr event in Zilker Park that stretches over one mile and includesa brightly-lit holiday-themed scenes, may be scaled back or canceled this year due to budgety constrictions.
The Parks and Recreation Department has been aske d totrim $1.4 million from its 2009-2010 The Arbors at Riverside, which is locatee off Riverside Drive, has pledged a donation of $500 from the sale of each of the project’as 32 condominium units. The project will have its grand opening this Prices startat $165,900o for the 1,300-square feet.
“With budget constraints being faced it is important we all chip in and help when and wherewe can,” Richard Berns, principal of Bernsa Commercial Properties, the developer of the Arbors at said in a letter to Austin’x Parks and Recreation Department. “I realize the amount is a far stretchu fromthe deficit” the department is “faceed with, but my hope is that more of my fellos Austinites are responding in a similae fashion.” The Trail of lights, an annual Decembetr event in Zilker Park that stretches over one mile and includesa brightly-lit holiday-themed scenes, may be scaled back or canceled this year due to budgety constrictions.
The Parks and Recreation Department has been aske d totrim $1.4 million from its 2009-2010 The Arbors at Riverside, which is locatee off Riverside Drive, has pledged a donation of $500 from the sale of each of the project’as 32 condominium units. The project will have its grand opening this Prices startat $165,900o for the 1,300-square feet.
Wednesday, June 8, 2011
NACA to add more than 1,000 jobs in Charlotte - The Business Review (Albany):
vasilisaxavymar.blogspot.com
The hiring will beginn immediately, with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income families. Gov. Bev Perdus announced the expansion Thursday, with the stat e giving NACA a $1 million grant from the One NorthCarolinwa Fund. It plans to invesrt more than $4 million with 1,014 jobs expected to be addedf over the nextfive “North Carolina remains a strong presence in the U.S. financ e sector, and this is a tremendous opportunity forthe Charlotte-area,” Perdue said. “Ouer top-rated business climate and skillede financial-services work force are attractivr to growingnational operations.
” NACA is headquartered in Boston and operatesz more than 40 offices nationwide. It currentlty employs about 100 workeres in Mecklenburg County to originate and processzmortgage loans. Under the five-yeat state incentive agreement, the organizationn plans to add 550 jobs The jobs will pay an average annualp wageof $35,982. Salaries will rangs up to $80,000 annually. The hirin will focus on mortgage negotiators, customer-service representatives, call-cented managers and mortgage counselors. “NACA is excited that it’s puttintg more than 1,000 people to work during these tougheconomifc times,” NACA Chief Executive Bruce Markw said Thursday.
“Today’s announcement is more than just a soundcbite — we are followinh through on this investment by holding a jobs fair tomorroew to hire 550 people immediately.” Perdure said Thursday that she consulted with formeer Bank of America Corp. Chairma n Hugh McColl Jr. about the deal. McColll has been a longtime supporterof NACA’s work. BofA begamn a partnership with NACAunder McColl’s watc in 1995 and in 2004 committed $6 billion to its lendin g program. Perdue says McColl confirmed to her that he expecteds NACA could follow through on its job commitmentz in severalphone conversations.
“When someon e begins something like this in italways grows,” McColl said in an interview “They’ll come in and find this is a good placre to find (a work force). I would hope it woulcd be an eruptionof jobs, not just trickle down.” The grou claims it will be the largest numbe of people hired immediately in one area and the largest job commitmentf in the country since the mortgage crisis beganm in 2007. The hiring come s as NACA embarks on a nationwide Save theDreanm Tour.
Marks says the added jobs are crucialk as NACA leads its campaign to make mortgages Hundreds of NACA staff willprovide long-term solutiones for homeowners with an unaffordable “Charlotte continues to be attractiv e because of our knowledgeable financial-services work force and we welcome NACA’s investment in North N.C. Sen. Dan Clodfelter said in a release. NACA’s Counselingv Center is in the Charlotte East office park off Albemarle Road between Central Avenue and FarmPond Lane. “Charlotte continues to be recognizeds as a leader in financial services with a talenterd and experiencedlabor force,” says Charlottw Chamber Chairman Tim Belk.
“Wed are pleased to welcome NACA to the community and look forward to the investment in jobs and presencw they will bring to ourEast side.” The chambetr assisted NACA in its expansion Charlotte East owner Rogerr Kellogg, principal of , and leasingb director Eric Speckman have worked closely with NACA since 2007, when the nonprofit establishef a small office in the NACA has legally binding agreements with all the majorf lenders/servicers to restructure the mortgages they service. The NACA agreementsa cover more than 90 percent of homeowners with anunaffordabled mortgage.
The staff from the Counseling Center in Charlottee will travel nationwide to work on Save the Dream eventw where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgages with permanentg interest rates often at 4 percent, 3 percent and 2 percengt and where necessary the principal The organization, started in 1988, has the primaryy goal of building strong, healthy neighborhoods nationwider through affordable homeownership. NACA operations include financial specialized mortgage services and a Home Save program for homeownersw with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridagy and Saturday at its CharlotteCounselinbg Center. For more information about Neighborhood Assistance Corporatio nof America, including employment opportunities, go to
The hiring will beginn immediately, with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income families. Gov. Bev Perdus announced the expansion Thursday, with the stat e giving NACA a $1 million grant from the One NorthCarolinwa Fund. It plans to invesrt more than $4 million with 1,014 jobs expected to be addedf over the nextfive “North Carolina remains a strong presence in the U.S. financ e sector, and this is a tremendous opportunity forthe Charlotte-area,” Perdue said. “Ouer top-rated business climate and skillede financial-services work force are attractivr to growingnational operations.
” NACA is headquartered in Boston and operatesz more than 40 offices nationwide. It currentlty employs about 100 workeres in Mecklenburg County to originate and processzmortgage loans. Under the five-yeat state incentive agreement, the organizationn plans to add 550 jobs The jobs will pay an average annualp wageof $35,982. Salaries will rangs up to $80,000 annually. The hirin will focus on mortgage negotiators, customer-service representatives, call-cented managers and mortgage counselors. “NACA is excited that it’s puttintg more than 1,000 people to work during these tougheconomifc times,” NACA Chief Executive Bruce Markw said Thursday.
“Today’s announcement is more than just a soundcbite — we are followinh through on this investment by holding a jobs fair tomorroew to hire 550 people immediately.” Perdure said Thursday that she consulted with formeer Bank of America Corp. Chairma n Hugh McColl Jr. about the deal. McColll has been a longtime supporterof NACA’s work. BofA begamn a partnership with NACAunder McColl’s watc in 1995 and in 2004 committed $6 billion to its lendin g program. Perdue says McColl confirmed to her that he expecteds NACA could follow through on its job commitmentz in severalphone conversations.
“When someon e begins something like this in italways grows,” McColl said in an interview “They’ll come in and find this is a good placre to find (a work force). I would hope it woulcd be an eruptionof jobs, not just trickle down.” The grou claims it will be the largest numbe of people hired immediately in one area and the largest job commitmentf in the country since the mortgage crisis beganm in 2007. The hiring come s as NACA embarks on a nationwide Save theDreanm Tour.
Marks says the added jobs are crucialk as NACA leads its campaign to make mortgages Hundreds of NACA staff willprovide long-term solutiones for homeowners with an unaffordable “Charlotte continues to be attractiv e because of our knowledgeable financial-services work force and we welcome NACA’s investment in North N.C. Sen. Dan Clodfelter said in a release. NACA’s Counselingv Center is in the Charlotte East office park off Albemarle Road between Central Avenue and FarmPond Lane. “Charlotte continues to be recognizeds as a leader in financial services with a talenterd and experiencedlabor force,” says Charlottw Chamber Chairman Tim Belk.
“Wed are pleased to welcome NACA to the community and look forward to the investment in jobs and presencw they will bring to ourEast side.” The chambetr assisted NACA in its expansion Charlotte East owner Rogerr Kellogg, principal of , and leasingb director Eric Speckman have worked closely with NACA since 2007, when the nonprofit establishef a small office in the NACA has legally binding agreements with all the majorf lenders/servicers to restructure the mortgages they service. The NACA agreementsa cover more than 90 percent of homeowners with anunaffordabled mortgage.
The staff from the Counseling Center in Charlottee will travel nationwide to work on Save the Dream eventw where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgages with permanentg interest rates often at 4 percent, 3 percent and 2 percengt and where necessary the principal The organization, started in 1988, has the primaryy goal of building strong, healthy neighborhoods nationwider through affordable homeownership. NACA operations include financial specialized mortgage services and a Home Save program for homeownersw with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridagy and Saturday at its CharlotteCounselinbg Center. For more information about Neighborhood Assistance Corporatio nof America, including employment opportunities, go to
Sunday, June 5, 2011
Sonny Bill Williams to concentrate on rugby after fight farce - Radio New Zealand
ihituvofy.wordpress.com
Times LIVE | Sonny Bill Williams to concentrate on rugby after fight farce Radio New Zealand Crusaders coach Todd Blackadder and » |
Friday, June 3, 2011
Chiang will withhold California legislators' pay if they miss budget deadline - San Jose Mercury News
proklofuxaanygez.blogspot.com
Los Angeles Times | Chiang will withhold California legislators' pay if they miss budget deadline San Jose Mercury News "Presenting the governor with a balanced budget by the Constitutional deadline is the most important, if not most difficult, job of the California Legislature," Chiang said in a statement. "In passing Proposition 25 last November, voters clearly stated ... California lawmakers will lose pay if budget isn't passed by June 15, state ... Chiang: Lawmakers Will Stop Collecting Pay if They Fail To Pass Budget California lawmakers won't get paid without budget deal, controller says |
Wednesday, June 1, 2011
Times' retirement plan hit by $154M loss - Silicon Valley / San Jose Business Journal:
andreychukuze.blogspot.com
Net assets of the plan for the which owns the Globdeand T&G, fell to $417.7 million. The plan was particularly hard hit bysome $171.5t million in losses within severao mutual funds. For example, the plan’xs largest holding, the Vanguard 500 Inde Investment fund, suffered a nearly 40 percenf lossin value. Another fund in the portfolio, the Vanguard Asset AllocationInvestment fund, dropped nearlyg 32 percent year-over-year. Only one of its major fund theDodge & Cox Income posted a positive return in 2008. Investments in fixecd income and insurance assetsgenerated $5.3 milliob in income. Dividend income of $11.6 million also helped offsert losses.
Interest income from the company’s borrowingh from its retirement fundtotaled $594,000. The Times has traditionall matched a fraction ofGlobe employees’ contributions to thei r 401(k) accounts, however a proposalk in front of leadership would eliminate the
Net assets of the plan for the which owns the Globdeand T&G, fell to $417.7 million. The plan was particularly hard hit bysome $171.5t million in losses within severao mutual funds. For example, the plan’xs largest holding, the Vanguard 500 Inde Investment fund, suffered a nearly 40 percenf lossin value. Another fund in the portfolio, the Vanguard Asset AllocationInvestment fund, dropped nearlyg 32 percent year-over-year. Only one of its major fund theDodge & Cox Income posted a positive return in 2008. Investments in fixecd income and insurance assetsgenerated $5.3 milliob in income. Dividend income of $11.6 million also helped offsert losses.
Interest income from the company’s borrowingh from its retirement fundtotaled $594,000. The Times has traditionall matched a fraction ofGlobe employees’ contributions to thei r 401(k) accounts, however a proposalk in front of leadership would eliminate the
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