Archive for April, 2009

Cigna joins competitors with 1Q enrollment slip (AP)

Thursday, April 30th, 2009

AP - Cigna Corp. joined its biggest health insurance competitors Thursday when it said rising unemployment helped suppress enrollment in the first quarter, normally a big time for insurers to add members or renew business.Source:Cigna joins competitors with 1Q enrollment slip (AP)

5 charged in $70M mortgage Ponzi scheme (AP)

Thursday, April 30th, 2009

AP - Five people face charges in what prosecutors say was a mortgage scheme that defrauded more than 1,000 people of more than $70 million.Source:5 charged in $70M mortgage Ponzi scheme (AP)

The Benefits You Get from a Debt Relief Council

Thursday, April 30th, 2009

A debt relief council provides management programs on how you can settle your problems on debts. Many debt relief councils are supported by credit card providers. They can help you directly on your problems on payments and bills. They will allow you to go under a debt negotiation service or ...

Euro jobless rate surges, inflation stable (AP)

Thursday, April 30th, 2009

AP - The jobless rate in the 16 nations that use the euro surged to 8.9 percent in March, the highest level in nearly five years, the EU statistics office said Thursday.Source:Euro jobless rate surges, inflation stable (AP)

SunTrust Banks has big loss but beats forecasts (Reuters)

Thursday, April 30th, 2009

Reuters - SunTrust Banks Inc posted its second straight quarterly loss, though results topped forecasts as deposit growth and higher mortgage lending offset charges tied to the collapsing real estate market.Source:SunTrust Banks has big loss but beats forecasts (Reuters)

Fed says economic slump seems to be easing (AFP)

Wednesday, April 29th, 2009

AFP - The Federal Reserve said Wednesday the US economy is still contracting but at a "somewhat slower" pace as it maintained its base interest rate at a range of zero to 0.25 percent.Source:Fed says economic slump seems to be easing (AFP)

Treasury has new mortgage incentives: official (Reuters)

Wednesday, April 29th, 2009

Reuters - The U.S. Treasury Department will on Tuesday tap a $50 billion housing rescue fund to pay off mortgage investors and reduce monthly payments for millions of borrowers, said a senior administration official.Source:Treasury has new mortgage incentives: official (Reuters)

Tips on Choosing the Best Debt Management Service

Wednesday, April 29th, 2009

So, you have debt problems and you would like to put an end to it. You are now ready to pick up the phone and call your chosen debt management service provider. But before you do that, please read on because you needed to be guided accordingly as to which ...

Consumers, home prices boost recovery hopes (Reuters)

Wednesday, April 29th, 2009

Reuters - U.S. consumer confidence posted its biggest jump in more than three years in April while the slump in home prices showed signs of slowing in February, adding to hopes that the recession may be waning.Source:Consumers, home prices boost recovery hopes (Reuters)

Mortgage rates dip, stay above record lows (AP)

Wednesday, April 29th, 2009

AP - Rates on 30-year mortgages fell slightly from last week but remained just ahead of record lows posted this month, Freddie Mac said Thursday.Source:Mortgage rates dip, stay above record lows (AP)