Banking & Financial Services News
Get a balanced look at what’s new in the banking and financial services industry. This section features information about commercial banking services and products, credit unions, credit card companies, cryptocurrency, compliance issues and news from banking and financial service companies.
MB Trading Achieves Top Ten Status for ETF Monthly Volume
MB Trading (“MBT”), a financial services company, announced Thursday that according to Nasdaq OMX Group, it ranked in the Top Ten of Market Participants for nine of the most actively traded Exchange Traded Funds (ETFs) in the month of February 2008. This marks a record for the company... - April 18, 2008 - MB Trading
Power Financial Credit Union Presents Family Fun Day -- Secure Your Family & Secure a New Car All in One Location
Power Financial Credit Union, one of South Florida’s largest credit unions, will transform its parking lot to bring a host of new and used car dealers together so consumers can secure a new car while families can get a free DNA LifePrint, endorsed by John Walsh, America’s trusted name... - April 17, 2008 - Power Financial Credit Union
Seattle Area Foreclosures Decline Five Percent in March 2008
Area Continues to Avoid Major Foreclosure Crisis - April 14, 2008 - Default Research Inc
S. Florida Foreclosures Decrease in March 2008
Broward County Sees 10 Percent Drop, Leads Area - April 14, 2008 - Default Research Inc
Detroit Area Foreclosures Decrease 16 Percent in March 2008
Foreclosure Statistics Continue to Improve in the Area. - April 11, 2008 - Default Research Inc
Bush Administration Expands FHAsecure to Offer More Assistance and Financing Aid to Homeowners Facing Foreclosure
The Bush Administration today announced new plans to help homeowners facing foreclosure. See if you qualify and enroll at www.fedfac.com - April 09, 2008 - Federal Banking Coop
N. California Foreclosures Increase 4.6 Percent in March 2008
Area sees foreclosure increase at a relatively low rate. - April 09, 2008 - Default Research Inc
Banamex USA Opens Its New Branch in Calexico
Banamex USA announces the inauguration of its newest branch in Calexico, California, now open to serve its clients with all their banking and financial needs. With the opening of this new branch, Banamex USA will provide its clients the same quality service associated with Banamex in Mexico and... - April 09, 2008 - Citibank (Banamex USA) of Calexico, CA
S. California Foreclosures Increase 18 Percent in March 2008
Inland Empire Leads State in Foreclosures per Household. - April 08, 2008 - Default Research Inc
Phoenix Area Foreclosures Increase 35 Percent in March 2008
Area Sees Increase of Over 200 Percent from Same Time Last Year. - April 08, 2008 - Default Research Inc
Real Estate Experts Offer Advice to Homeowners Facing Foreclosure
Assist-2-Sell brokers from around the country offer advice to homeowners who are at risk of losing their homes to foreclosure. - April 08, 2008 - Assist-2-Sell
Students and Their Parents Seek Advice on Education Costs from Financial Planning Professional, Markwei Boye
Virtually all taxpayers can get help to pay for education costs in the form of tax credits and/or special deductions - April 06, 2008 - Smart Business International, PLLC
Markwei Boye, Financial Consultant, says, “Let’s Talk Money” One Type of Fund for the Time of Your Life
As the primary responsibility for saving for retirement falls on individual Americans, many are learning more about investing every day, however, investing can be complex - April 06, 2008 - Smart Business International, PLLC
Mortgage Lender Bucks Industry Collapse by Selling Innovative New Loan
The Metzler Group at Mortgages Unlimited bucks mortgage industry collapse by selling new Home Ownership Accelerator® Loan. Introduced in the US in 2005, innovative all-in-one home loan combines personal checking with mortgage to help borrowers save thousands in interest payments. - April 02, 2008 - Mortgages Unlimited Inc, Metzler Group
Crescent State Bank Opens Second Wilmington Office
Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global MarketSM), has announced the opening of the bank’s new Wilmington office located at 2506 Independence Blvd. The new office, which opened... - March 31, 2008 - Crescent State Bank
FEDs Expected to Announce New Mortgage Guarantee Swaps Through the FHA This Week
In an unprecedented move the President Bush, Treasury Secretary Paulson and the Federal Reserve have reversed their position on helping homeowners at risk. President Bush has been saying he would veto any legislation that would help Homeowners and Investors facing foreclosure. He has announced his support of the newest plan offering FHA guaranteed mortgages. - March 29, 2008 - Federal Banking Coop
Real Talk Helps Vail Area Residents Get Out of Debt
Consumers across the nation are burdened with debt, which prevents them from reaching their full potential. In fact, consumer debt has reached an extremely vulnerable position for the well being of our nation. Real Talk is educating consumers to get out of debt using a system called Mortgage Accelerator Plus. Many are wiping out all of their debt in as little as 3 – 7 years. - March 29, 2008 - Reality Financial
Debt Consolidation Care Community Helping People with Some Dollars
The Debt Consolidation Care community is now helping the community members with some dollars. Their purpose is to extend their helping hand to all the debt burdened people and make them debt free. - March 29, 2008 - Debt Consolidation Care
Short Sale May Provide Option to Foreclosure; Assist-2-Sell Owner Uses Experience to Help Local Homeowners
Today, many homeowners have found themselves in a tough financial situation because their homes are worth less than what is owed. Mike Carter, owner and broker of an Assist-2-Sell office in St. Augustine, Fla., explores "short sales" as one option for helping homeowners get through this difficult time. - March 27, 2008 - Assist-2-Sell
What You Need to Know About Choosing a Real Estate Agent
Most homeowners realize they need a real estate agent to help them sell their home. But how is one agent different from the next? - March 26, 2008 - Assist-2-Sell
Debt Shield Releases New Welcome DVD
New Welcome DVD provides valuable information for debt settlement clients. - March 26, 2008 - Debt Shield, Inc.
Costa Rica - the Undiscovered Southern Central Pacific Real Estate Boom
Changes are coming … this out-of-the-way place is not so out-of-the-way anymore. 1) New International Airport (Costa Rica’s third) is being built in Palmar Norte 2) New 80,000 square foot Hospital is currently under construction 3) Costanera Highway (Pacific Coast Highway) is in the final stages of road improvement. - March 25, 2008 - Hacienda Matapalo
Shoeboxed Releases Improved Navigation, Receipt Tagging
Shoeboxed.com released an improved design today, moving its main navigation to a side navigation bar, and changing its midnight blue header to a lighter blue. Additionally, tagging receipts by placing them in shoeboxes has been upgraded. In the top navigation, there is now more information about... - March 22, 2008 - Shoeboxed, Inc.
ProFund Financial and Real Estate Voted One of the "Best in Client Satisfaction Real Estate Agents (SM)" as Featured in San Diego Magazine
Ryan Mathys & Tracie Kersten of ProFund Financial and Real Estate were voted one of the "Best in Client Satisfaction Real Estate Agents (SM)" as featured in San Diego Magazine. - March 21, 2008 - ProFund Financial and Real Estate
MyMoneyManagementTools.com Helps Simplify Tasks of Personal & Small Business Financial Planning
Comprehensive and user-friendly spreadsheet tools for personal and small business financial planning are now available at www.MyMoneyManagementTools.com - March 21, 2008 - MyMoneyManagementTools.com
The Federal Foreclosure Assistance Center Goes Live; The FFAC Launched Their New Membership Self Help Assistance Site Today
The Federal Foreclosure Assistance today launched their online interactive website to help home owners at risk. With Foreclosures soaring to historic levels, banks, mortgage companies, lenders and loan service organizations are looking for creative solutions to keep home owners in their homes and open lines of communication. The FFAC helps home owners develop plans and get results from their lenders and to understand the foreclosure process. - March 20, 2008 - Federal Banking Coop
Crescent State Bank Partners with Dress for Success Triangle NC
Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that the bank has partnered with Dress for Success Triangle NC. Dress for Success Triangle NC is an affiliate of the... - March 20, 2008 - Crescent State Bank
Fresh Start Forms is on a Mission to Teach 1 Million People How to Live Debt Free in 2008
During his most recent guest appearance on WGN’s The Money Show, Edward Sanchez co-founder of Fresh Start Forms, LLC stated his company’s mission to teach 1 million people how to live debt free in 2008. When asked if their mission was related to Oprah’s Big Give, Sanchez stated they are not associated, although he believes they share a common goal; to empower as many people as possible. - March 20, 2008 - Fresh Start Forms LLC
New Web Site Teaches Anyone How to Get Out of Debt Fast
Planning For Retirement.com announces the launch of its new debt reduction section of the web site, http://www.planningforretirement.com. The new section of the website offers the ultimate step-by-step free guide to eliminate outstanding debt quickly and painlessly. The strategy is called... - March 19, 2008 - Planning for Retirement
Vance Bondurant Young Joins Crescent State Bank Advisory Board
Keith Betts, Wilmington area president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global MarketSM), has announced that Vance Bondurant Young, real estate broker at Intracoastal Realty, has been named to the bank’s... - March 13, 2008 - Crescent State Bank
J. Keith Stark Joins Crescent State Bank Advisory Board
Keith Betts, Wilmington area president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global MarketSM), has announced that J. Keith Stark, owner and managing member of B&K Coastal, LLC, has been named to the bank’s... - March 13, 2008 - Crescent State Bank
New Study Reveals 75% of Repossessions Could Have Been Avoided if Homeowner Had Access to Basic Advice
A new study by the Mortgage Rescue Network predicts that 25,000 repossessions could be avoided in 2008 if the homeowners have access to basic advice, legal protection and support. Almost 53,000 individuals - from toddlers to pensioners will be made homeless unnecessarily because the current legal... - March 07, 2008 - Mortgage Rescue Network
Crescent State Bank Announces Wilmington Advisory Board
Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global MarketSM), has announced its 2008 Wilmington Board of Advisors. The Crescent State Bank Wilmington Advisory Board acts as a liaison between... - March 06, 2008 - Crescent State Bank
Debt Shield Helps Collect 1,000 Coats for the Homeless
Award-winning debt settlement company continues charitable initiative by helping collect 1,000 coats for the DC-area homeless. - March 05, 2008 - Debt Shield, Inc.
Abalos & Associates, PLLC Announces New Senior Staff Accountant
Sandy Abalos, managing partner of Abalos & Associates, PLLC (www.abaloscpa.com), has announced that Laura A. Wellman has joined the firm as a senior staff accountant. In this position, Wellman will handle client relations, research and compliance, as well as tax returns for businesses and... - March 03, 2008 - Abalos & Associates
RealEstateLatino.com Announces Code of Honor and a New Service to Assist Spanish Speaking Consumers to Secure Real Estate Loans
Initial program to focus on California and Florida. - March 01, 2008 - Real Estate Latino, LLC
The Federal Foreclosure Assistance Center Launches Their Interactive Online Website to Help Home Owners at Risk
Due to the huge increase in foreclosures, lenders and loan servicers are rethinking the foreclosure process. The Federal Foreclosure Assistance Center has been established to help homeowners communicate with their lenders to develop alternatives to losing their home. - February 29, 2008 - Federal Banking Coop
A Different Approach to Revitalizing the Housing Market
Lyle Martin, co-founder and co-chief executive of Assist-2-Sell, shares his thoughts on what it will take to get the housing market back on track. - February 28, 2008 - Assist-2-Sell
Crescent State Bank Employee Earns Credit Risk Certification
Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that Matt King has earned his credit risk certification through the Risk Management Association (RMA). The risk... - February 28, 2008 - Crescent State Bank
Southern California Foreclosures Increase 433 Percent in January 2008
Los Angeles and County Has Nearly 10,000 Foreclosures - February 27, 2008 - Default Research Inc
Foreclosures Increase 300 Percent in January 2008 in Northern California
Sacramento County Has 3,700 Foreclosures - February 27, 2008 - Default Research Inc
Tax Rebates for Paying Down Credit Card Debt
Many consumers will likely use their tax rebates for debt repayment as being debt-free is the top New Year’s Resolution for 2008. - February 27, 2008 - National Financial Awareness Network, Inc.
South Florida Foreclosures Increase Nearly 200 Percent in January 2008
Miami-Dade and West Palm Beach Counties see 2158 Foreclosures - February 22, 2008 - Default Research Inc
Phoenix Area Foreclosures Increase 147 Percent in January 2008
Maricopa and Pima Counties See Over 3,000 Foreclosures - February 22, 2008 - Default Research Inc
Seattle Area Foreclosures Increase 63 Percent in January 2008
Only 378 King County Homes Enter Foreclosure Process - February 22, 2008 - Default Research Inc
Detroit Area Foreclosures Increase 39 Percent in January 2008
Wayne County Has 2,501 Foreclosures - February 22, 2008 - Default Research Inc
Southern California Foreclosures Increase 177 Percent in 2007
Los Angeles and San Diego Counties Have 87,000 Foreclosures. - February 21, 2008 - Default Research Inc
Northern California Foreclosures Increase 165 Percent In 2007
Sacramento County Has 22,273 Foreclosures. - February 21, 2008 - Default Research Inc
Economic Stimulus Bill Good News for California Mortgages
As predicted president Bush recently signed the economic stimulus bill into law. And for people in California, this is exciting news. Why? Much lower interest rates are available to someone who has a conforming loan than those who have jumbo loans. - February 21, 2008 - MLS, Mortgage Loan Specialists
Why LowVARates.com Told VA Loan Holders to Lock Loans in 2 Months Ago and Reiterate That Request Again
In December of 2007 LowVARates.com issued a press release titled, "Veteran home owners must pull the rate lock trigger immediately." In this press release home owners were advised to quit waiting around for interest rates to go lower and to lock in their rates immediately. Currently the VA interest rate market, along with conventional and all other interest rates for that matter has risen to new highs. In summary, interest rates are climbing and there is not a real clear end in sight. - February 21, 2008 - Low VA Rates