Government gives GMAC $3.8 billion in new aid
Thursday | via Coshocton Tribune
WASHINGTON -- The government on Wednesday provided a fresh $3.8 billion cash infusion to stabilize GMAC Financial Services as the financing company struggles with hefty losses in its home mortgage unit. Comment?
Youngstown, Warren, Columbiana, Ohio
Wednesday | via WYFX-TV Youngstown
Job cuts, foreclosures and bailouts stole the business headlines in 2009. The economy started 2009 in meltdown. Comment?
Ohio to join national mortgage database
Monday Dec 28 | via Dayton Business Journal
Starting next week, Ohio will be plugged into a national network that tracks mortgage company licenses in an effort to better protect consumers. Comment?
Navajo AG seeks special prosecutor for probe
Wednesday Dec 30 | via Myrtle Beach Online
The top legal official on the Navajo Nation announced Tuesday he is seeking a special prosecutor to investigate allegations of illegal and unethical behavior by tribal government employees. Comment?
Small biz not sold on credit card rules
Monday Dec 28 | via Business First of Columbus
Janis Mitchell says risk is part of the American business DNA, which is why the staffing firm owner philosophically opposes part of pending federal legislation creating an agency whose rules critics say could affect the way small businesses will be able to use credit cards for their companies. Comment?
29 min ago | via NBC Dallas - Fort Worth
Though the skylines of Dallas and Fort Worth don't carry the iconic weight of New York, Hong Kong, or Tokyo, to the locals who see Reunion Tower's lighted globe twice a day on the multi-mile commute, it's home. Comment?
UCDC foreclosure program helps area homeowners
7 min ago | via The News-Review
Olympia Church is a foreclosure prevention counselor at Umpqua Community Development Corporation. Comment?
Mortgage help becomes mired in bureaucracy
11 min ago | via Modesto Bee
It was the year that promised relief, opening with foreclosure moratoriums and a highly touted Obama administration initiative to keep millions of desperate borrowers in their homes. Comment?
U.S. to inject more funds into GMAC
12 min ago | via St Petersburg News
GMAC Financial Services, which provides loans to General Motors and Chrysler car buyers, is to receive its third U.S. government bailout in 12 months. Comment?
Pirate cash suspected cause of Kenya property boom
13 min ago | via KLFY-TV Lafayette
Property prices in Nairobi are soaring, and Somali pirates are getting the blame. Comment?