Wednesday, February 8th, 2012
President Obama will appear at a Falls Church community center Wednesday to unveil a plan to ease the sluggish housing market by making it easier for homeowners to refinance their mortgages. Obama’s proposal would allow borrowers to refinance at federally President Obama.(Charles Dharapak - AP) insured lower rates even ...
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Tuesday, February 7th, 2012
The Obama administration's latest refinancing proposal could extend mortgage refinancing opportunities to millions of homeowners, but it faces plenty of opposition.The plan the president outlined Wednesday is intended to help qualifying borrowers refinance into lower-interest-rate loans, saving them $3,000 a year on average, even if they owe more on their ...
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Tuesday, February 7th, 2012
Calling the housing problem "massive in size and in scope," Obama detailed a proposal he outlined in his State of the Union speech last week, tackling an issue of vital concern in states key to his re-election."This housing crisis struck right at the heart of what it means to be ...
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Wednesday, February 1st, 2012
BERWICK, Pa.--(BUSINESS WIRE)-- First Keystone Corporation (OTC BB: FKYS), parent company of First Keystone Community Bank, reported record net income of $9,907,000 or $1.82 per share for the year ending December 31, 2011, as compared to $8,961,000 or $1.65 per share in 2010. For the fourth quarter ending December 31, ...
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Wednesday, February 1st, 2012
JACKSONVILLE, Fla., Jan. 31, 2012 /PRNewswire/ --Foundation Financial Group's insurance division has acquired BR Insurance, securing its Florida customers who have personal and commercial insurance policies. The acquisition means that BR Insurance customers will now have access to Foundation Financial Group's wide array of additional financial products and services such ...
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Monday, January 30th, 2012
Tonight, the president announced that he is sending the Congress a plan to allow for the refinancing of the mortgages of every responsible homeowner. Conventional wisdom in Washington has it that little if any serious legislation will pass this year. But this issue may and should be different. Many of ...
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Monday, January 30th, 2012
Between the Federal Reserve's announcement that it will not raise interest rates until at least 2014 and President Obama's mortgage refinancing plan , the government is trying to cripple the banking system, noted bank analyst Dick Bove told "The Kudlow Report" Wednesday. "What this government is doing is its ...
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Monday, January 30th, 2012
President Barack Obama unveiled an ambitious mortgage refinancing program during his Tuesday night State of the Union speech, but some experts say the new plan is a whole lot of politics without much policy to back it up.Though details remain murky, the plan would likely build off of the existing ...
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Monday, January 30th, 2012
The TV audience rating is dropping for Barack Obama.About 37.75 million viewers tuned in Tuesday to watch President Obama deliver his State of the Union address, according to the Nielsen Company.The speech, in which Obama called for a minimum tax for millionaires and addressed mortgage refinancing, was carried live ...
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Monday, January 30th, 2012
No more games when it comes to refinancing options for responsible homeowners, President Obama said in his third State of the Union address Tuesday night, pledging to send Congress a plan that would give millions of homeowners the chance to refinance their mortgages at today's historically low rates."Responsible homeowners shouldn't ...
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