Posts Tagged ‘Repurchase’

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M.I. Requirements Revised by Fannie

Sellers are required to obtain mortgage insurance policies on loans before delivery to Fannie Mae if the mortgage has a loan-to-value ratio in excess of 80 percent. When M.I. coverage isn’t in place, Fannie said that it could require that the seller repurchase the loan or remit a “make-whole” payment. The move can occur regardless [...]

Starbucks Announces Additional Stock Repurchase Authorization

SEATTLE–(BUSINESS WIRE)–Starbucks Corporation (Nasdaq: SBUX) today announced that its Board of Directors has authorized the repurchase of up to 10 million shares of the company’s common stock. This authorization is in addition to the 10.1 million shares that remained available at fiscal year-end 2010 for repurchase under an existing authorization. “This additional authorization to repurchase [...]