News, Weather and Sports for Chattanooga and the Ten...
Tuesday | via WDEF-TV Chattanooga
Submitted by WDEF on December 29, 2009 - 6:36pm. Business News Catoosa County News Whitfield County News A A A A Federal regulators have put five Georgia banks on notice. Comment?
Durham: Looking for home financing to the USDA
Monday Dec 28 | via Chattanooga Times Free Press
Q: I was told there is 100 percent financing available for homes in areas that are considered rural. Comment?
Financial heart-to-heart: Discuss money before marri...
Saturday Dec 26 | via The Victoria Star
When Missy Gillen met her future husband, Mike, she hadn't given much thought to a rainy-day fund or investing money. Comment?
Home Sales in Hamilton Co. Improve Year to Year
Wednesday Dec 23 | via WDEF-TV Chattanooga
Submitted by Bill Mitchell on December 23, 2009 - 5:16pm. Consumer News Hamilton County News The Chattanooga Board of Realtors this week released figures for November showing some improvement in the housing market. Comment?
Home Sales Down 7.1% From Last Month, But Up From Ye...
Tuesday Dec 22 | via Chattanoogan.com
In an optimistic note, economists from the National Association of Realtors have estimated that, in all, 4.4 million Americans will look to take advantage of the homebuyer tax credit before it expires by the middle of next year. Comment?
Wells Fargo sued over loans in Tennessee
Yesterday | via SF Gate
Memphis city and Shelby County officials have filed a federal civil lawsuit against Wells Fargo Bank alleging discriminatory mortgage lending practices. Comment?
First Tennessee holds tight to mortgage warehouse le...
Nov 16, 2009 | via Memphis Business Journal
While many in the financial industry have and continue to turn their backs on the mortgage warehouse lending business, First Tennessee Bank remains committed to the segment. Comment?
Tuesday Dec 8 | via Farragut Press
Bays and her family recently moved to Knoxville from the Kingsport area. Fecher is a fifth generation Knoxvillian and her experience in the insurance and banking business will help facilitate the ease of purchasing a new home. Comment?
Man wants answers on bank overdraft fees
Dec 1, 2009 | via The Tennessean
QUESTION: A Nolensville man has a problem with his bank. He says he was charged more than $500 for overdraft fees although he had signed up for a protection plan that would transfer money from his savings account to his checking account. Comment?
Housing fund may not fulfill job hopes in TN
Nov 30, 2009 | via The Tennessean
The state's housing agency is about to write $61.6 million in checks for the developers of 20 low-income housing developments in Tennessee - including seven in the Nashville area - as part of the federal stimulus package passed into law last February. Comment?
Uncle Sam a proud owner of loan giant
3 min ago | via News Chief
Published: Friday, January 1, 2010 at 4:01 a.m. Last Modified: Friday, January 1, 2010 at 2:09 a.m. For a while, it looked like the federal government could get out of the business of running private financial institutions. Comment?
US bails out General Motors-related company GMAC wit...
9 min ago | via UTV
The US government has pumped a further $3.8bn into the former General Motors financial arm to take a controlling stake The United States government has pumped a further $3.8bn into GMAC, giving it a controlling stake in the former finance arm of General Motors, which had been heavily involved in sub-prime mortgages. Comment?
Economists hopeful, but wary on Mass. economy
12 min ago | via SouthCoastToday.com
A stabilizing real estate market, improving business and consumer confidence, lower unemployment and higher state tax collections suggest the state's economy is heading into the new year behind a growing head of steam. Comment?
Esmael Adibi: Recovery here; jobs will take a bit lo...
14 min ago | via Orange Co. Register
In all likelihood, the so-called Great Recession ended last summer in the middle of the third quarter of 2009. Comment?
From the Tax God: Losing a Home? A Tax Bite May Be Next
15 min ago | via Frugal Wisdom From Wenchypoo's Warehouse
From MSN Money . Did you know that debt relief of any kind is counted as income unless there's a tax break for it? "The basic tax rule on debt discharge is simple: If a lender cancels your debt, that's taxable income to you, and you and the Internal Revenue Service will get a 1099-C form, and you will have to pay tax on that forgiveness. Comment?