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Home : South Atlantic Information

South Atlantic Information

Get professional help to buy a foreclosure
Julie and I did it. Denise Starcher and her husband also did it. Thousands of others are trying to do it and are encountering unexpected hurdles. "I happened to come across your article in that drawer and reread the part about this Special Limited ...
Challenging the Crowd in Whispers, Not Shouts
A search of the Federal Reserve Board’s working paper series reveals a few papers that touch on the ... panel advises the president of the New York bank, who, in turn, is vice chairman of the Federal Open Market Committee, which sets interest rates.
Ordinary Days Are a Thing of the Past on New York Stock Exchange
At least part of the explanation for the previous day's rally is investors' expectation that this afternoon the Federal Reserve will cut interest rates, continuing its battle to save the financial system. There's wide agreement that Fed Chairman Ben ...
Mortgage Plan May Aid Many and Irk Others
As the Treasury Department prepares a $40 billion program to help delinquent homeowners avoid foreclosure, it confronts a difficult challenge: not making the plan too tempting to people like Todd Lawrence. An airline pilot who lives outside Norwich ...
Housing market may get a boost
The federal government is mulling a sweeping plan that could help 3 million homeowners avoid foreclosures. A final deal had not been reached and negotiations could still fall apart, but government agencies were contemplating using $50 billion from ...
Housing shows signs of a comeback
Since the housing market started its slide in 2006, home buyers are finding that prices are down from historic highs, interest rates are near historic lows and high inventory and low sales means more homes to choose from and more time to shop around. ...
Local banks say they have the money to support loans
Myer said the bank stuck to the fundamentals of providing home loans by ensuring the applicant had good credit and was employed with enough income to make payments. Myer, who has worked with HomeTrust for 31 years, said the bank has always had the ...
Housing prices erase the boom
The Sarasota-Bradenton housing market may have broken through a key statistic in its quest to find a bottom: the level at which a home would be selling for had the real estate boom never happened. The median sales price in the Sarasota-Bradenton ...
Insurers Are Getting in Line for Piece of Federal Bailout
The administration originally envisioned it as a program to buy up distressed mortgage-backed securities and other hard-to-sell assets. But the Treasury secretary, Henry M. Paulson Jr., rapidly shifted the focus of the Treasury’s efforts to inject ...
Plan unveiled to recruit businesses | Ocala.com | Star-Banner | Ocala, FL
Thursday, October 23, 2008
Ocala, FL -
By Bill Thompson OCALA — In its quest to jump-start Marion County’s stalled economy, and possibly reroute the business sector away from such heavy reliance on the housing industry, the County Commission will soon consider wading deeper into the economic development pool. ...
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