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Servicer Settlement Yields Over $80k in Relief Per Borrower

Report cards issued on two separate settlements with residential loan servicers indicate that borrowers have received more than $50 billion in relief. The bigger of the two settlements has yielded an average of more than $80,000 in benefits per borrower. A progress update in the national mortgage servicer settlement has been issued by Independent Settlement [...]

SA minting boss in hearing over ‘dodgy notes’

The South African Bank Note Company (SABN) may have printed Zambian Kwacha and Namibian Dollar notes in ways that compromised their quality. ||| The South African Bank Note Company (SABN) may have printed Zambian Kwacha and Namibian Dollar notes in ways that compromised their quality – a breach economists say could harm the South African [...]

Kensington Leasing, Ltd.’s Subsidiary Allianex Corp. Announces the Launch of My Tech Card Computer Care Gift Cards in over 7,000 CVS/Pharmacy Stores Nationwide

SANTA BARBARA, Calif.–(BUSINESS WIRE)–Kensington Leasing, Ltd.’s (OTCBB:KNSL) wholly owned subsidiary Allianex Corp. today announced the launch of their My Tech Card Computer Care Gift Cards in CVS/Pharmacy stores throughout the United States. As part of the launch, CVS/Pharmacy will make My Tech Card Computer Care Gift Cards available at highly visible point of purchase displays [...]

Shares of Citrix plunge over 9%

SAN FRANCISCO (MarketWatch) — Shares of Citrix Systems Inc. plunged over 9% Wednesday following a strong run-up in stock price since early July. The shares of the software company, which closed at $42.11 on July 2, had rallied to close above $70 recently following the release of its second-quarter earnings at the end of July. [...]

Unusual bond heals wounds over Japan’s WWII POWs

Lester Tenney was stunned to receive a call that Japan’s new ambassador to the United States would see him. He had tried for years to seek an apology from Japanese officials for the atrocities he witnessed and endured as a prisoner of war during World War II…. World War II – United States – Japan [...]

Private Real Estate Money: the 5 Advantages of Private Money Over Hard Money Loans or Mortgage Loans

For real estate investors there are numerous benefits and advantages to private real estate money versus hard money loans or mortgage loans to fund your real estate investing business. Knowing the advantages can mean the difference between making a real estate deal work or losing a good deal to your competitors. As the credit-bubble [...]