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Realogy Reports Results for Full Year 2010 Friday, March 4, 2011 @ 5:00AMPARSIPPANY, NJ--(Marketwire - 03/04/11) - Realogy Corporation, a global leader in real estate and relocation services, today reported results for the full year ended December 31, 2010. Realogy's net revenue for the year was $4.1 billion, an increase of 4% compared to 2009. The growth is attributed to an increase in the average sales price of homes sold by our franchisees and owned real estate ...
Taxpayers tormented needlessly, IRS told Thursday, January 6, 2011 @ 4:43AMWASHINGTON - The Internal Revenue Service's increasing use of "hard-core" collection tactics "is inflicting unnecessary harm on financially struggling taxpayers," an in-house critic at the IRS said yesterday.
PRODUCT PROFILE Wednesday, December 29, 2010 @ 3:57AMUS consumer confidence unexpectedly deteriorated in December, while prices of single-family homes fell almost double the expected pace in October, tempering growing optimism on the recovery of the economy there.
US consumer confidence slips; home prices decline Tuesday, December 28, 2010 @ 2:08PMUS consumer confidence unexpectedly deteriorated in December, while prices of single-family homes fell almost double the expected pace in October, tempering growing optimism on the economy's recovery
Consumer confidence slips as home prices decline Tuesday, December 28, 2010 @ 1:36PMBy Wanfeng Zhou
Consumer confidence slips as home prices decline Tuesday, December 28, 2010 @ 1:36PMConsumer confidence unexpectedly deteriorated in December, while prices of single-family homes fell almost double the expected pace in October, tempering growing optimism on the economy's recovery.
WRAPUP 2-U.S. consumer confidence slips; home prices decline Tuesday, December 28, 2010 @ 1:32PM* Consumer confidence slips in December * Oct home prices down for 4th straight month * US retail sales spike week before Christmas-ISCS/GS (Adds details, comment, adds byline) NEW YORK, Dec 28 (Reuters) ...
Confidence, housing shows recovery still weak Tuesday, December 28, 2010 @ 10:20AMU.S. consumer confidence unexpectedly deteriorated in December, while prices of U.S. single-family homes fell almost double the expected pace in October, tempering growing optimism on the economy's recovery.
US consumer confidence, home prices fall Tuesday, December 28, 2010 @ 9:35AMData tempers growing economic optimism. 28 Dec 2010 3:07 PM
Fixing the state's broken property tax system ends in compromise Monday, December 13, 2010 @ 3:24AMGov. Chris Christie and state Senate President Stephen M. Sweeney reached a deal on a key element of controlling local spending...
Scott Dickensheets: Can we hire Andre Agassi to do a benefit for Nevada? Wednesday, November 17, 2010 @ 4:05AMTwo weeks ago, Nevadans voted Brian Sandoval into the Governor’s Mansion, deeply impressed by his non-Reidness and let’s-work-out-the-details-later approach to our budget crisis. Finally! A politician who tells it like it is.
Fitch Affirms Stafford County, VA's GOs at 'AA'; Outlook Stable Friday, November 5, 2010 @ 2:16PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken the following rating actions as part of its continuous surveillance efforts: --$257.2 million general obligation (GO) bonds affirmed at 'AA'; --$42.1 million economic development authority (EDA) lease revenue bonds, series 2008 affirmed at 'AA-'. The Rating Outlook is Stable. RATING RATIONALE: --The county economy continues to benefit from its ...
Fitch Affirms Stafford County, VA's GOs at 'AA'; Outlook Stable Friday, November 5, 2010 @ 2:02PMFitch Ratings has taken the following rating actions as part of its continuous surveillance efforts:
IRS Plans to Fix Foreclosure Procedures Tuesday, November 2, 2010 @ 11:45AMThe Internal Revenue Service was inconsistent in how it processed foreclosure cases and coordinated with local United States Attorneys Offices, and needs to improve its procedures, according to a new government report.
Fitch Rates Santa Fe, NM Sr and Sub Lien GRT Rfdg Bonds 'AA+'/'AA'; Outlook Stable Tuesday, November 2, 2010 @ 7:40AMAUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings assigns initial ratings to the following city of Santa Fe, New Mexico's (the city) gross receipt tax (GRT) bonds: --Approximately $15.5 million GRT refunding revenue bonds, series 2010A rated 'AA+'; --Approximately $26.6 million subordinate lien GRT refunding revenue bonds, series 2010B rated 'AA'. Proceeds of the 2010A and 2010B bonds will refund a ...
Fitch Rates Santa Fe, NM Sr and Sub Lien GRT Rfdg Bonds 'AA+'/'AA'; Outlook Stable Tuesday, November 2, 2010 @ 7:32AMFitch Ratings assigns initial ratings to the following city of Santa Fe, New Mexico's gross receipt tax bonds:
PHH Corporation Announces Third Quarter 2010 Results Tuesday, November 2, 2010 @ 5:00AMPHH Corporation today announced results for the three and nine months ended September 30, 2010. Mortgage production segment profit of $161 million offset a substantial portion of an unfavorable market-related change in the fair value of the Mortgage Servicing Rights of $191 million, driving a third quarter 2010 GAAP loss before taxes of $2 million, Net loss attributable to PHH Corporation of $8 ...
Home sales rise in September, but a housing glut and concerns remain | Business Agenda Tuesday, October 26, 2010 @ 9:49AMThe pace of home sales gathered steam in September, a welcome sign for a housing market that remains troubled across much of the United States. Previously owned homes sold at an annualized pace of 4.53 million units, up from 4.12 million a month earlier, the National Association of Realtors reported. But the Realtors report also noted a decline in the median price of homes, compared with a year ...
Who’s who in the foreclosure scandal: A primer on the players | WorldPP Thursday, October 21, 2010 @ 7:32AMThe unfolding foreclosure scandal just keeps expanding. Scrutiny first fell on the “robo-signers” who rubber-stamped banks’ foreclosure paperwork , but they’re one of the many players who may have contributed to the mess. To help sort it all out, we’ve drawn up a cast of characters. Let’s start with the basics: Loan Originators/Mortgage Issuers - Banks make mortgage loans to homeowners, which ...
Mortgage Bonds Show Foreclosure Crisis Overdone: Credit Markets Tuesday, October 19, 2010 @ 5:22AMThe mortgage-bond market shows investors are shrugging off speculation the U.S. is in the throes of a foreclosure-document crisis.
Klein-West debate turns nasty Sunday, October 10, 2010 @ 9:26PMThe testy and often nasty campaign between Democrat incumbent Ron Klein and Republican Allen West went on full display Sunday morning as the two congressional candidates bickered back and forth in their first live televised debate.
U.S. Rep. Ron Klein and Republican challenger Allen West argued during testy debate Sunday, October 10, 2010 @ 3:31PMThe testy and often nasty campaign raging between Democrat incumbent Ron Klein and Republican challenger Allen West went on full display Sunday morning as the two congressional candidates bickered back and forth in their first live televised debate.
Gauging tax values key in auditor's race Wednesday, October 6, 2010 @ 5:28AMCandidates for Franklin County auditor will face off in public for the first time tonight, with each saying he would do a more fair job of determining property-tax bills for next year's countywide reappraisal.
Extra Credit: Many Republicans misunderstand tea party's aims Tuesday, September 21, 2010 @ 8:22AMBy now, people should be beyond surprise when a tea-party candidate upsets an establishment Democrat or Republican - either in a primary or regular election. After all, they've had a year to get used to it.
Fitch Rates Lee County, FL's TDT Bonds 'AA-'; Outlook Stable Monday, August 9, 2010 @ 1:38PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA-' rating to the following Lee County, Florida (the county) tourist development tax (TDT) revenue bonds: --$44.3 million series 2010A Build America Bonds (BABs); --$37.4 million series 2010B BABs, Recovery Zone Economic Development Bonds; --Series 2010C, tax-exempt bonds. The bonds are expected to sell via negotiation on Aug. 31, 2010. At ...
Fitch Rates Lee County, FL's TDT Bonds 'AA-'; Outlook Stable Monday, August 9, 2010 @ 1:29PMNEW YORK----Fitch Ratings assigns an 'AA-' rating to the following Lee County, Florida tourist development tax revenue bonds:
Fitch Rates Raleigh, NC's LOBs 'AA+'; Outlook Stable Monday, August 9, 2010 @ 9:09AMNEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA+' rating to the following Raleigh, North Carolina (the city) limited obligation bonds (LOBs): --$27.4 million series 2010A, taxable Build America Bonds (BABs) and Recovery Zone Economic Development Bonds (RZED); --$18.3 million series 2010B, tax-exempt. The bonds are expected to sell via negotiation on Aug. 12, 2010. In addition, Fitch ...
Fitch Rates Raleigh, NC's LOBs 'AA+'; Outlook Stable Monday, August 9, 2010 @ 8:59AMNEW YORK----Fitch Ratings assigns an 'AA+' rating to the following Raleigh, North Carolina limited obligation bonds :
Legal Aid continues building equal justice for all Monday, August 9, 2010 @ 5:13AMFor almost 60 years, Legal Aid of NorthWest Texas has provided free legal assistance to eligible low-income residents.
Fitch Rates Forsyth County, NC's $200.9MM GOs 'AAA'; Outlook Stable Tuesday, August 3, 2010 @ 1:09PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AAA' rating to the following Forsyth County, North Carolina (the county's) general obligation (GO) bonds: --$14.2 million GO public improvement series 2010A; --$41.2 million GO public improvement series 2010B; --$75.8 million taxable GO public improvement (Build America Bonds) series 2010C; --$26.4 million taxable series GO public improvement ...
Fitch Rates Forsyth County, NC's $200.9MM GOs 'AAA'; Outlook Stable Tuesday, August 3, 2010 @ 1:04PMNEW YORK----Fitch Ratings assigns an 'AAA' rating to the following Forsyth County, North Carolina general obligation bonds:
Fitch Rates Chesapeake, VA's $74MM GOs 'AAA'; Outlook Stable Tuesday, July 13, 2010 @ 2:09PMNEW YORK----Fitch Ratings assigns an initial 'AAA' rating to Chesapeake, Virginia's general obligation bonds as follows:
Mortgage giants throw clouds on solar financing Friday, July 2, 2010 @ 10:43PMA novel way of funding solar panels and other pricey energy-efficiency improvements through property taxes is threatened by the nation’s mortgage giants.
Loan giants threaten Sonoma's energy program Friday, July 2, 2010 @ 8:10PMCatherine Williams and Stephen Parsons used a Sonoma County energy retrofit program this spring to finance a solar energy system for their home outside Sebastopol. A few weeks later a lender told them they couldn't refinance their home.
Do your homework before diving into municipal bonds Thursday, July 1, 2010 @ 2:21AMInvestors have been lulled over the years to think of municipal bonds as a basically sound place to put money. Wealthy bond buyers appreciated the tax-free yields.
Fitch Affirms Los Angeles, CA's 2010 TRANs at 'F1+' Tuesday, June 29, 2010 @ 1:56PMSAN FRANCISCO----Fitch Ratings affirms its 'F1+' rating on the following Los Angeles tax and revenue anticipation notes :
Realtors in Port St. Lucie helping watch for code violations Tuesday, June 22, 2010 @ 3:53PMPORT ST. LUCIE — There’s a new set of code enforcement eyes helping the city crack down on property maintenance violations. The Realtors Association of St. Lucie Inc. has formed a partnership with the city to act as code enforcement watchdogs.
Fitch Downgrades North Las Vegas, NV's GO Bonds to 'AA-'; Outlook Negative Thursday, May 20, 2010 @ 5:09PMNEW YORK----Fitch Ratings assigns an 'AA-' rating to the following bonds for North Las Vegas, Nevada :
U.S. Stocks Drop Wednesday, May 19, 2010 @ 3:40PMU.S. stocks fell, wiping out the 2010 gain for the Standard & Poor’s 500 Index, as Germany’s ban on certain bearish investments and a jump in mortgage foreclosures to a record triggered a flight from equities.
The Other Foreclosure Menace Wednesday, May 19, 2010 @ 9:14AMby Fred Schulte, Ben Protess and Lagan Sebert One raw day in early February, Vicki Valentine stood by helplessly as real estate investors snatched her West Baltimore home over what began with an unpaid city water bill of $362. As snow threatened to fall, she watched a work crew hired by the new owners punch out the lock on her front door. A sheriff’s deputy was on the scene while Valentine and ...
From mayor to sheriff, a number of candidates for county offices have stumbled over financial missteps Sunday, May 2, 2010 @ 12:00AMThe primary topic for Thursday's sheriff's candidates' forum at St. Mary's Episcopal Cathedral was wage theft, and three of the four Democratic candidates made sure to appear before a crowd of likely Democratic voters -- Randy Wade (the 2002 nominee), Larry Hill and Bennie Cobb, along with Republican James Coleman.
Coldwell Banker program is similar to federal tax credit Friday, April 30, 2010 @ 5:06AMA federal homebuyer tax credit is set to expire June 30, but a Las Vegas real estate brokerage is participating in a program designed to mimic its effect.
Swim center drawing skepticism in Florida Sunday, April 25, 2010 @ 11:57PMSwim center drawing skepticism in Florida
JPMorgan Chase Reports First-Quarter 2010 Net Income of $3.3 Billion, or $0.74 Per Share, on Revenue1 of $28.2 Billion Wednesday, April 14, 2010 @ 5:59AMNEW YORK----JPMorgan Chase & Co. today reported first-quarter 2010 net income of $3.3 billion, compared with $2.1 billion in the first quarter of 2009. Earnings per share were $0.74, compared with $0.40 in the first quarter of 2009.
Redwood Trust set on mortgage-backed securities Wednesday, April 14, 2010 @ 2:30AMIs a Marin County real estate investment trust about to ride back into the valley of death of far more than 600? According to the Wall Street Journal, Mill Valley's Redwood Trust Inc. looks set to put "at least" $200 million of residential mortgage-backed... Real estate - Wall Street Journal - Business - Mortgage-backed security - Investment trust
Fitch Rates Salt Lake City (UT) $25MM GO Bonds 'AAA'; Outlook Stable Tuesday, March 30, 2010 @ 2:24PMSAN FRANCISCO----Fitch Ratings has assigned an 'AAA' rating to the following bonds for Salt Lake City, Utah :
Fitch Rates Kansas City, Missouri's Special Obligation Bonds 'A+'; Outlook Stable Tuesday, March 30, 2010 @ 1:03PMCHICAGO----Fitch Ratings assigns ratings to the following Kansas City, Missouri bonds:
Fitch Affirms Oakland Redevelopment Agency, California's Housing Set-Aside Bonds at 'A' Monday, March 15, 2010 @ 12:35PMSAN FRANCISCO----Fitch Ratings takes the following rating action on the Redevelopment Agency of the City of Oakland , California as part of its continuous surveillance effort:
Fitch Downgrades Kansas City, MO's GOs to 'AA' & Appropriation Bonds to 'A+'; Outlook Stable Wednesday, February 24, 2010 @ 3:02PMCHICAGO----Fitch Ratings assigns an 'AA' rating to Kansas City, Missouri's approximately $47 million unlimited tax general obligation improvement and refunding bonds, series 2010A, a portion or all of which may be issued as taxable Build America Bonds .
Fitch Rates Cape Coral, FL's Gas Tax Revs 'A-'; Outlook Stable Tuesday, February 23, 2010 @ 5:01PMNEW YORK----Fitch Ratings assigns an 'A-' rating to the following Cape Coral, Florida gas tax revenue bonds :