Archive for the ‘Real Estate Loans’ Category

American Honda Recalls Trimmers Due to Laceration Hazard

Torrance, CA, United States (AHN) – The U.S. Consumer Product Safety Commission and Health Canada, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product. [...]

SEC Warns Top Banker of Charges Over Magnetar Deal

ProPublica Staff United States (ProPublica) – by Cora Currier According to the Wall Street Journal, the Securities and Exchange Commission has warned a top banker that it may bring civil charges against him for his role in creating a risky collateralized debt obligation, or CDO, that exploded spectacularly as the housing market crashed. It’s the [...]

U.S. stocks open higher as Greek debt deal okayed

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened higher Monday after Greece’s parliament approved strict financial reforms needed to obtain its latest international package and prevent a messy default. Just after 10 a.m. on Wall Street, the Dow Jones Industrial Average was up 38 points, the Standard [...]

U.S. stocks open higher as Greek debt deal okayed

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened higher Monday after Greece’s parliament approved strict financial reforms needed to obtain its latest international package and prevent a messy default. Just after 10 a.m. on Wall Street, the Dow Jones Industrial Average was up 38 points, the Standard [...]

After years in camps, thousands of Nepal’s ex-fighters leaving for home

Anil Giri – AHN News Correspondent Kathmandu, Nepal (AHN) – Six years after the end of a decade-long armed conflict, Nepal’s ex-Maoist fighters who have been languishing in various satellite camps have begun leaving their cantonments. The process started Friday in the three major camps–Sindhuli, Chitwan and Nawalparasi–and was scheduled to begin in the other [...]

Weak U.S. dollar keeps gold glistening

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Gold prices rallied for a third straight day, spurred higher by a weak U.S. dollar and the Fed’s comments on interest rates made earlier in the week. In mid-afternoon trading on Friday, the most actively traded gold contract, for February delivery, gained [...]

Nation’s Mayors Support Gay Marriage But Complain About Unemployment

Tom Ramstack – AHN News Legal Correspondent DC, Washington, United States (AHN) – The U.S. Conference of Mayors wrapped up its winter meeting Friday in Washington, D.C., with Chicago Mayor Rahm Emanuel stepping into controversies on same sex marriage and education. Emanuel joined about 80 other mayors from across the nation in endorsing laws to [...]

Mortgage rates fall to new lows

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – If it sounds like you have heard this before you are right. Mortgage rates have fallen once again to a record low. On Thursday, mortgage giant Freddie Mac reported the average rate on 30-year fixed mortgages fell to 3.89 percent in the [...]

Lawsuit Accuses Company Of Fraudulently Cycling Patients Through Nursing Homes, Hospice Care

Plano, TX, United States (KaiserHealth) – A national hospice company improperly cycled patients through nursing homes and hospice with a goal of making as much profit as possible from Medicare, according to a whistleblower lawsuit announced this week. Federal attorneys also sued the hospice company, AseraCare, alleging it milked Medicare’s hospice benefit by pressuring its [...]

S&P index says home prices down for sixth straight month

Linda Young – AHN News Writer Washington, DC, United States (AHN) – U.S. residential house prices dropped by 1.2 percent in October compared with September, according to the S&P/Case-Shiller 20-city index. In addition, S&P/Case-Shiller issued a negative outlook for housing prices. “There was weakness in the monthly statistics, as 19 of the cities posted price [...]

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