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.

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

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

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

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

Crescent State Bank Announces New Commercial Banking Manager

Michael G. Carlton, president of Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that Rick Merrill has joined the bank as a commercial banking manager. In this position, Merrill will focus his activities on generating loans... - February 21, 2008 - Crescent State Bank

Offshore Legal Adds Panama Offshore Company Search

Offshore Legal has recently expanded its online services to include a Panama Offshore Company search tool that has been integrated directly into their website. OffshoreLegal.org visitors will now be able to utilize a live search tool to see if their preferred offshore corporation name is available. - February 21, 2008 - Panama Offshore Legal

First Online 2008 Income Tax Calculator for All Canadian Provinces Released

The first online income tax calculator was released today for all Canadian provinces, containing the latest 2008 taxes. To be found at http://lsminsurance.ca/calculators/canada/income-tax, this tool incorporates all tax rates for all 13 provinces of Canada. “Being a certified financial... - February 16, 2008 - Foliovision Ltd

Assist-2-Sell Optimistic About New Homeowner Relief Program

Assist-2-Sell Optimistic About New Homeowner Relief Program

Assist-2-Sell responds to this week's announcement that major lenders will offer relief to troubled homeowners through "Project Lifeline." - February 15, 2008 - Assist-2-Sell

YapStone’s RentPayment™ Will Significantly Benefit from MasterCard’s New Lower Emerging Market Rate for the Property Sector

YapStone’s RentPayment™ Will Significantly Benefit from MasterCard’s New Lower Emerging Market Rate for the Property Sector

YapStone, Inc., through its RentPayment™ division, is the Country’s largest payment processor to the property market, focusing primarily on apartments, student housing, homeowner associations, and other property-related markets. - February 14, 2008 - Yapstone, Inc.

Baby Boomers Dominate New Homes Sales for 2007

Baby Boomers Dominate New Homes Sales for 2007

Del Webb’s Village at Deaton Creek is #1 Selling Community in Atlanta. - February 13, 2008 - Village at Deaton Creek by Del Webb

Kristin Abouelata Home Loan Specialist Joins Mortgage Investors Group as a Mortgage Banking Officer at the Knoxville (Home Office) Branch

Kristin Abouelata Home Loan Specialist Joins Mortgage Investors Group as a Mortgage Banking Officer at the Knoxville (Home Office) Branch

Mortgage Investors Group is pleased to announce that Kristin Abouelata has come on board as a Mortgage Banking Officer at the Knoxville (Home Office) branch. Kristin is a native of Maryville, Tennessee, and resident of Knoxville. She is a graduate from Clemson University, South Carolina; receiving... - February 12, 2008 - Kristin Abouelata - Mortgage Investors Group

ProFund Real Estate Releases New San Diego Foreclosure Service and Web Interface

ProFund Real Estate Releases New San Diego Foreclosure Service and Web Interface

ProFund Financial & Real Estate announces new foreclosure service and web interface through their website www.profundrealestate.com - February 09, 2008 - ProFund Financial and Real Estate

The State of Information Security Survey 2008 - Executive Overview

The State of Information Security Survey 2008 - Executive Overview

Exclusive Survey Uncovers Disconnect in Financial Institutions' Efforts to Manage Vendors, Educate Customers. - February 07, 2008 - Information Security Media Group

One of the Nation’s Largest Real Estate Investing Summits Kicks into High Gear

One of the Nation’s Largest Real Estate Investing Summits Kicks into High Gear

Leap into Prosperity, boasting one of the largest educational line-ups for real estate investors in 2008 has rolled out the schedule of events and it includes over 40 hours of real estate education. - February 07, 2008 - Get Real REI

Two Out of Three Dentists Are Not Wealthy

Two Out of Three Dentists Are Not Wealthy

When asked if they consider themselves wealthy, two out of three dentists said no. Though the average dentist's salary is high, so are the costs of getting a dental education and running a dental practice. - February 06, 2008 - The Wealthy Dentist

Federal Foreclosure Assistance Center Opens Its Online Help Center

The Federal Foreclosure Assistance Center, today announced that they have launched an on-line assistance help website, providing information, help, legal aid, housing aid, current news and events for Home Owners at Risk due to the current mortgage and lending crisis. Go to www.FederalForeclosureAssistanceCenter.com - January 30, 2008 - Federal Banking Coop

Ransom Enterprizes, LLC Sees Surge in Homeowners Ready to Stop Foreclosures

Foreclosure consulting firm says more homeowners are trying to work directly with their mortgage lenders to stop their foreclosures. - January 30, 2008 - Ransom Enterprizes, LLC

Albany Reverse Mortgages Web Page Launched by the Coleman-Kirsch Team at First Niagara Mortgage

IMSS Web Solutions has developed a web page to promote Reverse Mortgages in the Albany, NY region for the Coleman-Kirsch Team at First Niagara Mortgage. - January 30, 2008 - Independence Marketing Systems and Solutions

Lipsky & Associates Acquires Douglas-Michaels Company, LP

Acquisition Builds on Lipsky & Associates Leading Position in Electronic Payment Processing. - January 29, 2008 - Lipsky & Associates, Inc

Is Your Christmas Credit Card Statement a Fright

The true definition of despair is opening your January Credit Card Statement. - January 28, 2008 - The Mom-Defrazzler

New Analysis Shows Telecommuting Could Save Consumers $52 Billion at the Pumps

New Analysis Shows Telecommuting Could Save Consumers $52 Billion at the Pumps

Telecommuting could reduce Gulf oil imports by 60 to 75%, reduce greenhouse gases by up to 101 million metric tons a year, and save as much as 12 billion gallons of gasoline each year. These findings are based on research conducted by Kate Lister and Tom Harnish from Undress4Success.com. "It's clear that as nation we can and should make the road less traveled the way to work," says Lister. - January 26, 2008 - Undress4Success

The Federal Banking Co-Op Considers Asking US Senate Banking Committee to Review Consumer Bank Fees and Charges

The Federal Banking Co-Op Considers Asking US Senate Banking Committee to Review Consumer Bank Fees and Charges

The Federal Banking Co-op, today formed a committee to research and develop a plan of action to ask the US Senate Banking Committee to review retail consumer fees charged by the banks to their customers. The Federal Banking Co-op will begin raising funds to lobby for changes and caps in these charges. The committee will determine which fees are excessive and ask that these fees be limited on a performance basis, and that there is full disclosure of the actions that account for the fees. - January 24, 2008 - Federal Banking Coop

The Only Thing Assist-2-Sell® Discounts is Its Price

The Only Thing Assist-2-Sell® Discounts is Its Price

Unlike many other discount real estate companies, Assist-2-Sell does not discount its fee by eliminating services. - January 24, 2008 - Assist-2-Sell

Elizabeth S. Daly, Vice President of Bankers Trust, Has Been Named a Princeton Premier Honored Member in Business

Elizabeth S. Daly has an impressive academic history. She graduated from Carlton University with a Bachelor of Arts degree and earned her Masters Degree in International Administration from the School for International Training in Vermont. In her current position as Vice President for Bankers... - January 24, 2008 - Princeton Premier

First Debt Settlement Company to Win SmartCEO Future 50 Award

Debt Shield is the only debt settlement company to be selected as a Baltimore SmartCEO Future 50 winner this year. - January 17, 2008 - Debt Shield, Inc.

NewLine Consulting Publishes New E-Book Aimed at Helping Families Create a Solid Financial Plan

During his over 10 years in the financial industry consulting consumers and businesses, Alvaro Ramirez the owner of NewLine Consulting has finally put together a book that shares his formula that he uses to help his clients build wealth. - January 17, 2008 - NewLine Consulting

EU Directives and Banks of Non-EEA Countries: MiFID, UCITS iii, 8th Directive, Basel ii / CRD, Conglomerates Directive, Regulation for Hedge Funds

EU Directives and Banks of Non-EEA Countries: MiFID, UCITS iii, 8th Directive, Basel ii / CRD, Conglomerates Directive, Regulation for Hedge Funds

Compliance LLC launched a new web site and a new training course for banks and financial organizations of non-EEA countries that want to provide services to European clients. - January 16, 2008 - Compliance LLC

Full-Service Receipt Mail-In Program Makes Organizing Receipts Easier Than Ever

Receipt Mail-In allows people to mail all the receipts they would like to have organized to Shoeboxed’s offices in North Carolina. Shoeboxed’s expert organizational staff will then scan and upload the receipts into users’ accounts. With this groundbreaking program, the hassle of scanning in receipts is finally a thing of the past. - January 14, 2008 - Shoeboxed, Inc.

MyCreditGroup Launches “World Ugliest Credit Report” Contest

Company invites individuals to submit story by Jan. 31 for chance at free services. - January 13, 2008 - My Credit Group Inc.

Credit Card Rewards - Credit Card Reward Programs - Rewards Credit Card Site

The Reward Credit Card Site – RewardCreditCardSite.com welcomes 2008 with a fresh, new look and more enhanced features. It aims to help consumers and business owners from any part of the world to explore the advantages that credit card rewards have to offer. It is a leading source of reward credit card offers and reviews of the best credit card reward programs available. - January 09, 2008 - Credit Card Rewards - Credit Card Reward Programs - Rewards Credit Card Site

How to Eliminate Predatory Lending and Foreclosures - Free Mortgage Loan Comparison Worksheet

How to Eliminate Predatory Lending and Foreclosures - Free Mortgage Loan Comparison Worksheet

Education is the best way to eliminate predatory lending practices. This simple Mortgage Loan Comparison Worksheet from a former senior loan officer can help mortgage borrowers save thousands of dollars. Plus, the Top 10 Mistakes Mortgage Borrowers Make. - January 07, 2008 - Janus Presentations LLC

5 Ways to Keep a Financial New Years Resolution, According to Shopping-Bargains.com, LLC

Here are a few simple steps that can help families and consumers ease their financial burden by stretching each dollar further using Internet technology. Specifically, by shopping online and taking advantage of the savings available through online coupons, loose financial habits can be successfully managed. - January 07, 2008 - Shopping-Bargains.com, LLC

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