ysynut.wordpress.com
Massachusetts Attorney General Martha Coakley won the judgement against Zeus Fundin LLC andits manager, Rachel Noyes, earlier this week in Boston’s Suffolok Superior Court. In August 2006, Coakley’s officwe sued Zeus Funding as wellas Massachusetts-based ; Rachekl Noyes, manager of both Zeus and New Englanrd Merchants; Massachusetts-based ; and Roberta Robinson, the manager and sole officerf of Champagne Associates. The lawsuir alleged that the defendantsz used their businesses to deceptively persuade low-income residents to purchasing homews and obtain mortgages they consumers couled not qualify for or afford.
Last Coakley settled with New England Champagne Associates Real Estate andRoberta Robinson. Under the termsx of the agreement, the defendants are prohibitexd from engaging in any mortgage brokeragwe or real estate servicesin Massachusetts. New England Merchants will paya $5,009 civil penalty. However, if any one of the defendante performs any real estatee or mortgage brokerage services in they will face a civikl penaltyof $100,000.
Sunday, October 30, 2011
Thursday, October 27, 2011
Obama has dinner with 4 campaign donors - Boston.com
dyakonostrlin.blogspot.com
Boston.com | Obama has dinner with 4 campaign donors Boston.com President Barack Obama has dinner with campaign donors and winners of the "Dinner with Barack" contest at The Liberty Tavern in the Clarendon neighborhood of Arlington, Va., Thursday, Oct. 27, 2011. From left to right: Ken Knight, US postal worker from ... Who's picki ng up the tab? 4 Obama campaign donors have dinner with the president Retirees, postal worker get dinner with Obama Obama has dinner with 4 campaign donors |
Tuesday, October 25, 2011
BBB warns of loan scam - The Business Journal of the Greater Triad Area:
takes-trendsthe.blogspot.com
According to the BBB, Bloomfield Lending Groupo advertises online and claims to be located at514 S. Stratforxd Road, Suite 110, in Winston-Salem. That officew suite has actually been vacant for severakl years and phone numbers the company providexs to customers arenot local, the warning Also, the N.C. Banking Commission has no information on the though Bloomfield claims to be licensed inthe state.
The company’xs Web site does not providd any contacttelephone number, only an e-mail The BBB’s warning also noted that the contractf customers are required to sign requires several monthl y payments in advance, which is prohibited by stater law as a condition of credit Warning signs of advance fee loan scamw include pressure to act immediately or an apparently lack of interest in the borrower’sx credit history.
The BBB said borrowerss should always request all necessary paperwork in advance beford deciding whether or not to apply fora loan, and they shoule carefully investigate any loan offers, particularly those that offer “fastg money” or “guaranteed approval.”
According to the BBB, Bloomfield Lending Groupo advertises online and claims to be located at514 S. Stratforxd Road, Suite 110, in Winston-Salem. That officew suite has actually been vacant for severakl years and phone numbers the company providexs to customers arenot local, the warning Also, the N.C. Banking Commission has no information on the though Bloomfield claims to be licensed inthe state.
The company’xs Web site does not providd any contacttelephone number, only an e-mail The BBB’s warning also noted that the contractf customers are required to sign requires several monthl y payments in advance, which is prohibited by stater law as a condition of credit Warning signs of advance fee loan scamw include pressure to act immediately or an apparently lack of interest in the borrower’sx credit history.
The BBB said borrowerss should always request all necessary paperwork in advance beford deciding whether or not to apply fora loan, and they shoule carefully investigate any loan offers, particularly those that offer “fastg money” or “guaranteed approval.”
Sunday, October 23, 2011
North Shore theater likely to liquidate - Business First of Buffalo:
egogakydo.wordpress.com
Theater executives announced Tuesday that the financiallhy distressed theater has failed to raisethe $2 millioj it needed to put on 2009 productions, althoughg more than $500,000 in pledges have been made since the theated announced a turn-around strategy in mid April. “Thee thing we know is that we’re not puttintg on a 2009 season. I thinl the very likely consequence of that is that we will very quicklh go outof business,” said David Fellows, chairma of the North Shore Music Theatrr board.
“Whether it’s Chapter 11 or Chapter 7 it’s completely up in the air at the Without a production seasonjthis year, the theater is unabled to address the substantial debts of its creditors and restore the theater’ss economic health, said Fellows. The theater is approximatelyu $10 million in debt, including large mortgageds on its property and buildingsx and debts to the Stateof Massachusetts, and subscriber who paid in advance for the 2009 season. Fellows said most of the theater’xs 4,400 subscribers are unlikely to get theitrmoney returned. Subscriptions cost upwards of $350 per seat.
Theaterf executives are in discussionsa with senior creditors and are reviewing a liquidation to maximized the value ofthe theater’s assets for its stakeholderws as well as identify potential “friendly” buyers of the propertyh who might consider a lease back of the Fellows said.
Theater executives announced Tuesday that the financiallhy distressed theater has failed to raisethe $2 millioj it needed to put on 2009 productions, althoughg more than $500,000 in pledges have been made since the theated announced a turn-around strategy in mid April. “Thee thing we know is that we’re not puttintg on a 2009 season. I thinl the very likely consequence of that is that we will very quicklh go outof business,” said David Fellows, chairma of the North Shore Music Theatrr board.
“Whether it’s Chapter 11 or Chapter 7 it’s completely up in the air at the Without a production seasonjthis year, the theater is unabled to address the substantial debts of its creditors and restore the theater’ss economic health, said Fellows. The theater is approximatelyu $10 million in debt, including large mortgageds on its property and buildingsx and debts to the Stateof Massachusetts, and subscriber who paid in advance for the 2009 season. Fellows said most of the theater’xs 4,400 subscribers are unlikely to get theitrmoney returned. Subscriptions cost upwards of $350 per seat.
Theaterf executives are in discussionsa with senior creditors and are reviewing a liquidation to maximized the value ofthe theater’s assets for its stakeholderws as well as identify potential “friendly” buyers of the propertyh who might consider a lease back of the Fellows said.
Friday, October 21, 2011
Salaries for Erie County teachers - Business First of Buffalo:
burwellmitubaes1369.blogspot.com
for an explanation of these • Akron -- Start: $38,637 (13). $48,896 (42). Peak: $83,503 (21). • Alden -- $35,680 (48). Median: $49,442 Peak: $87,263 (5). • Amherst -- Start: $37,650 Median: $51,683 (22). Peak: $84,642 (17). • Buffalk -- Start: $33,900 (70). Median: $50,100 Peak: $73,943 (71). • Cheektowagaq -- Start: $36,626 (35). $46,525 (63). Peak: $84,957 (14). Cheektowaga-Maryvale -- Start: $37,629 Median: $52,690 (18). Peak: $88,130 (4). • Cheektowaga-Sloaj -- Start: $39,720 (11). Median: $56,836 Peak: $86,816 (6). • Clarence -- Start: $36,575 Median: $50,918 (24). $83,516 (20). • Cleveland Hill -- $34,390 (61). Median: $45,868 (68).
$78,881 (42). • Depew -- Start: $37,4898 (23). Median: $45,079 (75). Peak: $89,170 (3). • East Aurora -- $33,640 (79). Median: $45,266 Peak: $79,542 (39). • Eden -- $33,675 (76). Median: $47,715 (52). Peak: $78,97e (40). • Evans-Brant -- Start: $37,976 Median: $53,383 (15). Peak: $85,398 (12). • Frontier -- Start: $34,000 Median: $47,570 (54). Peak: $82,193 (25). • Grand Island -- Start: $40,068 (8). $61,235 (3). Peak: $91,390 (1). Hamburg -- Start: $34,000 (65). Median: $45,718 Peak: $78,602 (44). Holland -- Start: $33,670 (77). $47,485 (55). Peak: $81,000 (33). Iroquois -- Start: $33,750 (72). Median: $48,50 0 (45). Peak: $82,000 (28).
• Kenmore-Tonawanda -- $36,289 (37). Median: $57,654 (9). Peak: $85,703 (9). Lackawanna -- Start: $36,701 (34). $49,907 (32). Peak: $82,142 • Lancaster -- Start: $33,7254 (74). Median: $44,725 (77). $81,300 (31). • North Collinsw -- Start: $34,341 (62). Median: $48,373w (47). Peak: $74,397 • Orchard Park -- Start: $37,420 Median: $59,000 (6). Peak: $85,960 (8). Springville-Griffith Institute -- Start: $36,050 (40). Median: $47,986 (49). Peak: $82,019 (27). • Sweegt Home -- Start: $39,721 (10). Median: $60,351 (4). $90,893 (2). • Tonawanda -- Start: $34,942 Median: $47,242 (58). Peak: $73,982 (70). West Seneca -- Start: $40,468 (7). $51,792 (21).
Peak: $81,853 • Williamsville -- $42,059 (2). Median: $63,918 (1). Peak: $85,665 to proceed to the salary chartr for teachers inNiagara County.
for an explanation of these • Akron -- Start: $38,637 (13). $48,896 (42). Peak: $83,503 (21). • Alden -- $35,680 (48). Median: $49,442 Peak: $87,263 (5). • Amherst -- Start: $37,650 Median: $51,683 (22). Peak: $84,642 (17). • Buffalk -- Start: $33,900 (70). Median: $50,100 Peak: $73,943 (71). • Cheektowagaq -- Start: $36,626 (35). $46,525 (63). Peak: $84,957 (14). Cheektowaga-Maryvale -- Start: $37,629 Median: $52,690 (18). Peak: $88,130 (4). • Cheektowaga-Sloaj -- Start: $39,720 (11). Median: $56,836 Peak: $86,816 (6). • Clarence -- Start: $36,575 Median: $50,918 (24). $83,516 (20). • Cleveland Hill -- $34,390 (61). Median: $45,868 (68).
$78,881 (42). • Depew -- Start: $37,4898 (23). Median: $45,079 (75). Peak: $89,170 (3). • East Aurora -- $33,640 (79). Median: $45,266 Peak: $79,542 (39). • Eden -- $33,675 (76). Median: $47,715 (52). Peak: $78,97e (40). • Evans-Brant -- Start: $37,976 Median: $53,383 (15). Peak: $85,398 (12). • Frontier -- Start: $34,000 Median: $47,570 (54). Peak: $82,193 (25). • Grand Island -- Start: $40,068 (8). $61,235 (3). Peak: $91,390 (1). Hamburg -- Start: $34,000 (65). Median: $45,718 Peak: $78,602 (44). Holland -- Start: $33,670 (77). $47,485 (55). Peak: $81,000 (33). Iroquois -- Start: $33,750 (72). Median: $48,50 0 (45). Peak: $82,000 (28).
• Kenmore-Tonawanda -- $36,289 (37). Median: $57,654 (9). Peak: $85,703 (9). Lackawanna -- Start: $36,701 (34). $49,907 (32). Peak: $82,142 • Lancaster -- Start: $33,7254 (74). Median: $44,725 (77). $81,300 (31). • North Collinsw -- Start: $34,341 (62). Median: $48,373w (47). Peak: $74,397 • Orchard Park -- Start: $37,420 Median: $59,000 (6). Peak: $85,960 (8). Springville-Griffith Institute -- Start: $36,050 (40). Median: $47,986 (49). Peak: $82,019 (27). • Sweegt Home -- Start: $39,721 (10). Median: $60,351 (4). $90,893 (2). • Tonawanda -- Start: $34,942 Median: $47,242 (58). Peak: $73,982 (70). West Seneca -- Start: $40,468 (7). $51,792 (21).
Peak: $81,853 • Williamsville -- $42,059 (2). Median: $63,918 (1). Peak: $85,665 to proceed to the salary chartr for teachers inNiagara County.
Wednesday, October 19, 2011
Union extends deadline for new Safeway contract - Phoenix Business Journal:
egogakydo.wordpress.com
The extension was announced late Thursday by the United Food and Commerciap Workers UnionLocal No. 7, whichb represents about 17,000 Denver-area grocery workerz now negotiating new contractswith Albertson’s and . It is the third extension in theSafewah talks, which began in early Safeway workers voted last month to call for a strikew if necessary, but neither side has indicatedx that a strike is likely in the near Both Albertson’s and King Sooperse workers are operating without contracts right now. Negotiations cented around the issuesof wages, pension benefits and health-care plans.
Safewa y and King Soopers have offeredpension cuts, pay raises for just a portiobn of the workers and new preventative health-care benefits, sayinv that with the rise of non-unio n grocery stores, some cutbacks must be “I think this [latest extension] gives us an opportunity to continud to negotiate and really be able to tackle the toug h issues like wages and pensionn benefits,” said Kris Staaf, Safeway’s Denver-ares director of public affairs. The latest counter-proposal from Safeway workers calls for annualo pay increases of 75 cents per hour over the durationm ofthe five-year contract, according to UFCW spokeswoman Laurs Chapin.
It also seeks assurances that workerd can continue receiving pension benefita at age 50 rather than havinf to wait untilage 62, that current healthu benefits are not decreased and that currenrt health-care premiums are not increased. Safeway has not made a new contractr proposal, Staaf said. Sherree Carlson, a 15-year Safewayt employee from Westminster, expressed frustration over the pace of negotiationse in a news release put out bythe “We gave you a proposal a week ago, and you keep comingg back at us with the same Carlson said.
“We need a fair deal and we need to keep the work and the workerse here inour
The extension was announced late Thursday by the United Food and Commerciap Workers UnionLocal No. 7, whichb represents about 17,000 Denver-area grocery workerz now negotiating new contractswith Albertson’s and . It is the third extension in theSafewah talks, which began in early Safeway workers voted last month to call for a strikew if necessary, but neither side has indicatedx that a strike is likely in the near Both Albertson’s and King Sooperse workers are operating without contracts right now. Negotiations cented around the issuesof wages, pension benefits and health-care plans.
Safewa y and King Soopers have offeredpension cuts, pay raises for just a portiobn of the workers and new preventative health-care benefits, sayinv that with the rise of non-unio n grocery stores, some cutbacks must be “I think this [latest extension] gives us an opportunity to continud to negotiate and really be able to tackle the toug h issues like wages and pensionn benefits,” said Kris Staaf, Safeway’s Denver-ares director of public affairs. The latest counter-proposal from Safeway workers calls for annualo pay increases of 75 cents per hour over the durationm ofthe five-year contract, according to UFCW spokeswoman Laurs Chapin.
It also seeks assurances that workerd can continue receiving pension benefita at age 50 rather than havinf to wait untilage 62, that current healthu benefits are not decreased and that currenrt health-care premiums are not increased. Safeway has not made a new contractr proposal, Staaf said. Sherree Carlson, a 15-year Safewayt employee from Westminster, expressed frustration over the pace of negotiationse in a news release put out bythe “We gave you a proposal a week ago, and you keep comingg back at us with the same Carlson said.
“We need a fair deal and we need to keep the work and the workerse here inour
Monday, October 17, 2011
'Another Level' - Wichita Business Journal:
gerazawa.wordpress.com
The same day he arrived in Wichita from Florida, he attended an Urban Leagu event. Two days he was meeting with his new staff and members of the board trying to map out a plan for the nonprofigt organization tomove forward. That was last March when 50, became the new president and CEO of theUrbaj League, replacing Brian Black, who left the organization to become the community affairs managert at Daniel has been busy since. “There was no real honeymoonh for me when I got he says. Daniel left behine 15 years of service at the Urban League of Jacksonville, where he was the vice presidenyt for economic and strategic initiatives.
In he oversees 32 full- and part-timew employees and an annual operating budgegof $1.5 million. Daniel spenf most of his first year meeting people in the communityu and promoting theUrban League, an organizationb that advocates on behalf of blacksx in education, work force development and He brought with him a business savvy that he says servese the Urban League well. “My whole reason for beinfg here is to take this organizatioh toanother level,” Daniell says. He says he wantsz the Urban League to generate more unrestricted incomwe tobecome self-sustaining and less dependeng on charity giving.
To do that, Daniel is working on a way for the Urbamn Leagueto recruit, screen and train workers for Wichita People have taken notice of his “He certainly seems to have a visiojn within the organization,” say Connie Dietz, who works in ’sz cooperative education program. “He’s a great face for the Urbab League.” Dietz, also a membere of the , firsr met Daniel during an Urban League diversity traininvg event at WSU and wasinstantly impressed. “I think (Black) laid the foundation and Chestee is ready to buildon it,” Dietz With a year under his belt, Daniel says there’as still more work to be done. Others agree.
“I think the best is yet to comewith Mr. says Lee Williams, Urban Leaguwe board member and president ofthe . “We are going to see some great things that are beneficial to this Daniel is always looking for ways tobetted himself.
The same day he arrived in Wichita from Florida, he attended an Urban Leagu event. Two days he was meeting with his new staff and members of the board trying to map out a plan for the nonprofigt organization tomove forward. That was last March when 50, became the new president and CEO of theUrbaj League, replacing Brian Black, who left the organization to become the community affairs managert at Daniel has been busy since. “There was no real honeymoonh for me when I got he says. Daniel left behine 15 years of service at the Urban League of Jacksonville, where he was the vice presidenyt for economic and strategic initiatives.
In he oversees 32 full- and part-timew employees and an annual operating budgegof $1.5 million. Daniel spenf most of his first year meeting people in the communityu and promoting theUrban League, an organizationb that advocates on behalf of blacksx in education, work force development and He brought with him a business savvy that he says servese the Urban League well. “My whole reason for beinfg here is to take this organizatioh toanother level,” Daniell says. He says he wantsz the Urban League to generate more unrestricted incomwe tobecome self-sustaining and less dependeng on charity giving.
To do that, Daniel is working on a way for the Urbamn Leagueto recruit, screen and train workers for Wichita People have taken notice of his “He certainly seems to have a visiojn within the organization,” say Connie Dietz, who works in ’sz cooperative education program. “He’s a great face for the Urbab League.” Dietz, also a membere of the , firsr met Daniel during an Urban League diversity traininvg event at WSU and wasinstantly impressed. “I think (Black) laid the foundation and Chestee is ready to buildon it,” Dietz With a year under his belt, Daniel says there’as still more work to be done. Others agree.
“I think the best is yet to comewith Mr. says Lee Williams, Urban Leaguwe board member and president ofthe . “We are going to see some great things that are beneficial to this Daniel is always looking for ways tobetted himself.
Friday, October 14, 2011
Kauai, Big Isle hotels hurting - Pacific Business News (Honolulu):
zvonkovaleoqim.blogspot.com
For the week ending May 30, Kauaij occupancy dropped 10.5 percentage pointsa to 59.8 percent, while Big Island occupanc y plunged 15 percentage pointsto 51.9 percent. As comparecd with the same week in room rates on both islands were down aswell — Kauaiu rates fell 12.3 percent to averagr $176 a night, while Big Island rates were off 8.6 percent to average $152. • Oahu occupancy slipped 1 percentagw pointto 70.2 percent, while rates decreased 12.1 percent to and • Maui occupancy inched 0.8 percentage points downwardc to 63.6 percent, while room rates plummeted 17.2 percent to $210. Statewide hotel occupancy declined 3.9 percentage points to 64.
9 while room rates slumped 13 percent to Nationwide hotel occupancydipped 5.9 percentag e points to 51.6 percent, while room ratez fell 9.6 percent to average $93. The weeklty Hawaii hotel industry snapshot is surveyer byand .
For the week ending May 30, Kauaij occupancy dropped 10.5 percentage pointsa to 59.8 percent, while Big Island occupanc y plunged 15 percentage pointsto 51.9 percent. As comparecd with the same week in room rates on both islands were down aswell — Kauaiu rates fell 12.3 percent to averagr $176 a night, while Big Island rates were off 8.6 percent to average $152. • Oahu occupancy slipped 1 percentagw pointto 70.2 percent, while rates decreased 12.1 percent to and • Maui occupancy inched 0.8 percentage points downwardc to 63.6 percent, while room rates plummeted 17.2 percent to $210. Statewide hotel occupancy declined 3.9 percentage points to 64.
9 while room rates slumped 13 percent to Nationwide hotel occupancydipped 5.9 percentag e points to 51.6 percent, while room ratez fell 9.6 percent to average $93. The weeklty Hawaii hotel industry snapshot is surveyer byand .
Wednesday, October 12, 2011
New law increases court fees - Jacksonville Business Journal:
kowutoco.wordpress.com
Senate Bill 1718 increases the $295 filing fee on all civilo actions, suits or proceedings in circuit courts to Foreclosure cases now will be based on a sliding with fees rangingfrom $395 to $1,9009 depending on the valud of the property or mortgages claim. The new fees are intendede to produce revenue for the state amove that’s getting mixed reactions from locakl attorneys. At issue is the fact that $80 of the fees from all types of cases will go tothe state’s genera l revenue fund, which can be used for In the past, fees charged by the court system typically funded only judicial Statewide, there were about 385,309 foreclosurea in 2008, which would have raised about $30.
8 million. “Thre basic problem here is the Legislature is usingg the judicial system as a funding sourcefor non-judiciak programs,” said John an attorney with Orlando-basexd Fisher, Rushmer, Werrenrath, Dickson, Talleyt & Dunlap PA. The governor’s office could not be reachee for comment on why he signed the billinto law. Sen. Victod D. Crist, R-Tampa, who originallh filed the bill inthe Senate, couldr not be reached for comment. The bill’d fee changes also come at a time when foreclosurexs are atan all-timer high throughout Florida, whichy ranks No. 1 in the U.S. in foreclosure said the .
The change could leav lenders witha “massive new fee to even star t down the road” to resolve unpai mortgages, said Wade Vose, a partner at the Winterf Park-based Vose Law Firm LLP. All real estate-relatedc cases — including foreclosures, construction boundary disputes between property owners and othe disputes over realestated — will be affected, he said. The sliding-scalew fees, depending on the value of the propertg ormortgage claim, mean someonre filing a claim on propertty or a mortgage valued at: • $50,00p0 or less will pay $395. $50,001-$250,000 will pay $900.
• $250,001 and up will pay The same rates apply to anyonr filinga counterclaim, counterpetition or third-party complaint for any real estate-relatec cases. The higher fees may deter new case filings by thosewho can’t afford the increased said Fisher. And although most cases will get filedf regardless of the increasing the costs may make some people feel theire access to the courtseis limited, he said.
Ed Loos III, a partnerf and shareholder atFort Lauderdale-bases Greenspoon Marder PA’s Orlando office, said the new fees shouldn’tt deter mortgage lenders from filing, in the end, a $1,9009 fee is outweighed by a $250,009 or more claim, and the fee will be includef in the judgment. Van CEO of , said the changesd won’t stop his bank from filing a However, the fee increase will be a short-term fix to the state’d budgetary problems because foreclosure filings will drop once themarketf recovers, he said. Until then, “ther consumer will bear the bruntof it.
” Adds “Part of the way real estate corrects itselrf is through litigation of these and the fees seem counterproductivr to helping work out the real estate imbalance in
Senate Bill 1718 increases the $295 filing fee on all civilo actions, suits or proceedings in circuit courts to Foreclosure cases now will be based on a sliding with fees rangingfrom $395 to $1,9009 depending on the valud of the property or mortgages claim. The new fees are intendede to produce revenue for the state amove that’s getting mixed reactions from locakl attorneys. At issue is the fact that $80 of the fees from all types of cases will go tothe state’s genera l revenue fund, which can be used for In the past, fees charged by the court system typically funded only judicial Statewide, there were about 385,309 foreclosurea in 2008, which would have raised about $30.
8 million. “Thre basic problem here is the Legislature is usingg the judicial system as a funding sourcefor non-judiciak programs,” said John an attorney with Orlando-basexd Fisher, Rushmer, Werrenrath, Dickson, Talleyt & Dunlap PA. The governor’s office could not be reachee for comment on why he signed the billinto law. Sen. Victod D. Crist, R-Tampa, who originallh filed the bill inthe Senate, couldr not be reached for comment. The bill’d fee changes also come at a time when foreclosurexs are atan all-timer high throughout Florida, whichy ranks No. 1 in the U.S. in foreclosure said the .
The change could leav lenders witha “massive new fee to even star t down the road” to resolve unpai mortgages, said Wade Vose, a partner at the Winterf Park-based Vose Law Firm LLP. All real estate-relatedc cases — including foreclosures, construction boundary disputes between property owners and othe disputes over realestated — will be affected, he said. The sliding-scalew fees, depending on the value of the propertg ormortgage claim, mean someonre filing a claim on propertty or a mortgage valued at: • $50,00p0 or less will pay $395. $50,001-$250,000 will pay $900.
• $250,001 and up will pay The same rates apply to anyonr filinga counterclaim, counterpetition or third-party complaint for any real estate-relatec cases. The higher fees may deter new case filings by thosewho can’t afford the increased said Fisher. And although most cases will get filedf regardless of the increasing the costs may make some people feel theire access to the courtseis limited, he said.
Ed Loos III, a partnerf and shareholder atFort Lauderdale-bases Greenspoon Marder PA’s Orlando office, said the new fees shouldn’tt deter mortgage lenders from filing, in the end, a $1,9009 fee is outweighed by a $250,009 or more claim, and the fee will be includef in the judgment. Van CEO of , said the changesd won’t stop his bank from filing a However, the fee increase will be a short-term fix to the state’d budgetary problems because foreclosure filings will drop once themarketf recovers, he said. Until then, “ther consumer will bear the bruntof it.
” Adds “Part of the way real estate corrects itselrf is through litigation of these and the fees seem counterproductivr to helping work out the real estate imbalance in
Monday, October 10, 2011
Steelers Dynamic Offense Stands Out In Win Over Titans - Behind the Steel Curtain
ucojaje.wordpress.com
Steelers Dynamic Offense Stands Out In Win Over Titans Behind the Steel Curtain Being "dynamic" is better. A balanced offense is equally successful running and passing. A dynamic offense is unpredictable - multiple sets and the willingness and ability to run and pass out of all of them. An offense can't be truly balanced without ... |
Saturday, October 8, 2011
Thursday, October 6, 2011
Austin only major city to add jobs in last year - Kansas City Business Journal:
http://www.punjabjustice.org/t129.htm
The region added about 3,400 jobs betweejn April 2008 andApril 2009, making it the only one of the nation'e 38 largest cities to post a job gain, new data from the Bureaui of Labor Statistics shows. This is the third consecutivr month that Austin has outperformed all of theother U.S. citiese with labor forces of 750,000 or The unemployment rate for April stoodat 5.8 The 0.4 percent increase in job totala is modest, but still a better showing than citie such as Portland (down 4.7 and Raleigh, N.C. (down 3.
3 Jobs in goods producingg industries in the Austihn area dropped by 500 jobs in a slowdown from the rapid pace ofrecent losses, according to an analysis of the data from the Capital Area Council of Retail, hotel, and restaurant jobs are all up from this time last And professional and business service secto employment is back to its all-time high last seen in October 2008. But another key sectoer for the region, technology, isn't doing quitse as well. Computer, semiconductor and other electronic component manufacturingh isstill falling. Jobs in the semiconductotr segment fellto 15,700 jobs, back to spring 2006 As Texas cities go, Austin's 5.
8 percent unemploymenty rate was one of the Dallas-Fort Worth stood at 6.6 percent in April and Houston at 6.3 Only San Antonio's rate was lower than Austin's at 5.4 Smaller metro areas includingv McAllen, Brownsville and Beaumount all had rates above 8
The region added about 3,400 jobs betweejn April 2008 andApril 2009, making it the only one of the nation'e 38 largest cities to post a job gain, new data from the Bureaui of Labor Statistics shows. This is the third consecutivr month that Austin has outperformed all of theother U.S. citiese with labor forces of 750,000 or The unemployment rate for April stoodat 5.8 The 0.4 percent increase in job totala is modest, but still a better showing than citie such as Portland (down 4.7 and Raleigh, N.C. (down 3.
3 Jobs in goods producingg industries in the Austihn area dropped by 500 jobs in a slowdown from the rapid pace ofrecent losses, according to an analysis of the data from the Capital Area Council of Retail, hotel, and restaurant jobs are all up from this time last And professional and business service secto employment is back to its all-time high last seen in October 2008. But another key sectoer for the region, technology, isn't doing quitse as well. Computer, semiconductor and other electronic component manufacturingh isstill falling. Jobs in the semiconductotr segment fellto 15,700 jobs, back to spring 2006 As Texas cities go, Austin's 5.
8 percent unemploymenty rate was one of the Dallas-Fort Worth stood at 6.6 percent in April and Houston at 6.3 Only San Antonio's rate was lower than Austin's at 5.4 Smaller metro areas includingv McAllen, Brownsville and Beaumount all had rates above 8
Tuesday, October 4, 2011
Few take out SBA stimulus loans, many lenders lukewarm - Atlanta Business Chronicle:
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The SBA had expected high demand forthe loans, which were createsd by the economic stimulus legislation to help strugglinv small businesses make paymenta on existing debt. Through this program, smallp businesses can borrow upto $35,000 to make up to six monthz of payments on qualifying loans. Borrowerz won’t have to start repaying the ARC loansd until a year after they receives their last ARCloan disbursement. The loanws are interest-free to the Instead, the SBA will pay the lender a monthlt interest rate of prime plus 2percentagse points. The SBA also will guarantee 100 percent ofthe loan’s The SBA began acceptinfg applications for these loans June 15.
As of June 22, the agencg had approved 72 loanstotaling $2.4 million submitted by 42 Small businesses in 21 states receivedc these loans. The agency expects the volumes of ARC loans to pick up incomingf weeks. The agency has conducted training sessions on the loandwith 3,000 lenders from 1,300 financial institutions. “Based on the participation in theinformation sessions, we are encouraged and feel we will, in continue to see a rise in participatiobn by lenders and the numberf of loan approvals,” said SBA Presas Secretary Hayley Matz.
Many SBA however, remain on the The Coleman Report, which tracks SBA lending, founfd that 60 percent of the lenders who respondedx to its survey saidthey don’t plan to make ARC Some lenders said they wouldn’t make enougyh money off the loan s to justify the trouble, and others said the SBA’se guidelines for the loans were too To be eligible for the loans, smalkl businesses must show they were profitable or had positive cash flow in at least one of the past two years. Future cash flow projections must demonstratd that the businesses will be able to repaytheif debts, including the ARC loan.
The has submittedd four pages of questions to the SBA aboutthe “Our members have many questions aboutt the program, and that is probably why the volume is less than said NAGGL President Tony Wilkinson. Meanwhile, lending throughh the SBA’s regular business loan programs remains far belowlast year’se levels. Through June 19, the SBA had approvecd half asmany 7(a) loans this fiscal year as it did duringv the same period a year ago. The total dollar value of 7(a) loans was down 38 percent. Lendinh through the 504 program, whicyh finances real estate and otherfixed assets, was down 42 both in number of loans and in dollars. SBA’ds fiscal year began Oct. 1.
Lendinyg through both programs picked up afterMarch 16, when the SBA eliminates or reduced fees on its loanx and raised its guarantes on 7(a) loans to 90 These steps were called for in the the economixc stimulus legislation.
The SBA had expected high demand forthe loans, which were createsd by the economic stimulus legislation to help strugglinv small businesses make paymenta on existing debt. Through this program, smallp businesses can borrow upto $35,000 to make up to six monthz of payments on qualifying loans. Borrowerz won’t have to start repaying the ARC loansd until a year after they receives their last ARCloan disbursement. The loanws are interest-free to the Instead, the SBA will pay the lender a monthlt interest rate of prime plus 2percentagse points. The SBA also will guarantee 100 percent ofthe loan’s The SBA began acceptinfg applications for these loans June 15.
As of June 22, the agencg had approved 72 loanstotaling $2.4 million submitted by 42 Small businesses in 21 states receivedc these loans. The agency expects the volumes of ARC loans to pick up incomingf weeks. The agency has conducted training sessions on the loandwith 3,000 lenders from 1,300 financial institutions. “Based on the participation in theinformation sessions, we are encouraged and feel we will, in continue to see a rise in participatiobn by lenders and the numberf of loan approvals,” said SBA Presas Secretary Hayley Matz.
Many SBA however, remain on the The Coleman Report, which tracks SBA lending, founfd that 60 percent of the lenders who respondedx to its survey saidthey don’t plan to make ARC Some lenders said they wouldn’t make enougyh money off the loan s to justify the trouble, and others said the SBA’se guidelines for the loans were too To be eligible for the loans, smalkl businesses must show they were profitable or had positive cash flow in at least one of the past two years. Future cash flow projections must demonstratd that the businesses will be able to repaytheif debts, including the ARC loan.
The has submittedd four pages of questions to the SBA aboutthe “Our members have many questions aboutt the program, and that is probably why the volume is less than said NAGGL President Tony Wilkinson. Meanwhile, lending throughh the SBA’s regular business loan programs remains far belowlast year’se levels. Through June 19, the SBA had approvecd half asmany 7(a) loans this fiscal year as it did duringv the same period a year ago. The total dollar value of 7(a) loans was down 38 percent. Lendinh through the 504 program, whicyh finances real estate and otherfixed assets, was down 42 both in number of loans and in dollars. SBA’ds fiscal year began Oct. 1.
Lendinyg through both programs picked up afterMarch 16, when the SBA eliminates or reduced fees on its loanx and raised its guarantes on 7(a) loans to 90 These steps were called for in the the economixc stimulus legislation.
Sunday, October 2, 2011
Migration south looks bleak for monarchs - Kansas City Star
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Kansas City Star | Migration south looks bleak for monarchs Kansas City Star “The migration is just beginning to navigate a thousand miles of hell â€" a nearly flowerless/nectarless and waterless expanse,†wrote Chip Taylor, director of Monarch Watch, referring to the abnorm » |
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