Stock retreated Friday after a government report showed that U.S. job growth in November was much slower than expected. View full post on Business Stories
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Servicers Fight R.I. Requirement
November 29th, 2010
davidguide There is no ruling yet in Ocwen Loan Servicing LLC’s challenge to a loss-mitigation program instituted last year by the U.S. Bankruptcy Court in Providence for lenders and debtors at risk of foreclosure. A hearing on the challenge by Ocwen and PHH Mortgage Corp. was held this month before a U.S. bankruptcy judge. The servicers [...]
Mortgage Market Metrics Continue Deterioration
November 25th, 2010
davidguide Mortgage originators priced 14 percent fewer loans based on the latest Mortech-Mortgage Daily Mortgage Market Index . Also lower for the second week was the average U.S. loan amount. The refinance share additionally fell for the second consecutive week to 54 percent. View full post on Mortgage Stories
Wall Street Falls After Ireland Receives a Bailout
November 22nd, 2010
davidguide U.S. exchanges followed European indexes lower as enthusiasm over a plan to help Ireland started to wane and traders began to worry about the problem spreading. View full post on Business Stories
Delinquency Rate on U.S. Mortgages Declines
November 18th, 2010
davidguide But the report, from the Mortgage Bankers Association, also found a rising rate of new foreclosure applications. View full post on Business Stories
Stocks take a beating
November 16th, 2010
davidguide U.S. stocks tumbled Tuesday morning, with the Dow sliding more than 150 points and all three major indexes down 1.5%, as investors cast a worried eye at economic developments in Europe and China. View full post on Business Stories
The Silver Lining for Jobs
November 5th, 2010
davidguide Each day, Inc.’s reporters scour the Web for the most important and interesting news to entrepreneurs. Here’s what we found today: Jobs on the rise in October. New Labor Department numbers reveal that, for the first time since May, the U.S. actually added jobs in October – 151,000 of them, to be exact. Today’s Wall [...]
Peet’s Coffee & Tea, Inc. to Report Its Third Quarter Results on Tuesday, Nov. 2, 2010
October 25th, 2010
davidguide EMERYVILLE, Calif.–(BUSINESS WIRE)–Peet’s Coffee & Tea, Inc. (NASDAQ: PEET), the premier specialty coffee and tea company in the U.S., today announced that it will release its third quarter results on Tuesday, Nov. 2, 2010 at 1:00 p.m. View full post on Press Release – Retail Stories
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