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Channel 2 NewsA bill that would allow insurance companies to consider someone's credit rating without consent when renewing policies will get a public hearing later Tuesday. Currently, insurance companies can only use credit scores when issuing news policies. They...
Tags: Credit and Debt, Credit Ratings, Insurance
Channel 2 NewsCatholic Social Services is getting ready to nearly triple the number of beds it offers to homeless women and their children in the near future. On Wednesday, CSS announced it had just acquired the Anchorage Eagles Nest Hotel, at 4110 Spenard Rd. The...
Burbank received a “AAA” credit rating this month from Standard & Poor’s, which cited the city’s “strong local economy and steady tax base growth.” City officials were pleased with the score, which is the highest...
Allentown's recently approved water and sewer lease is "credit positive" for the city, according to a news release from Moody's Investors Service. A "credit positive" label indicates that the lease will have a positive financial impact on the city...
Q: What is a "hard money" loan? A: Technically, it is a loan that is given in exchange for money, rather than to assist a consumer in buying a house. The latter would be called a "purchase money" mortgage. Hard-money lenders do not rely on the...
Tags: Credit and Debt, Fannie Mae, Credit Ratings, Mortgages, Property
McClatchy-Tribune News ServiceNearing the end of a massive debt-restructuring and having completed a mostly voluntary downsizing of its workforce, Foxwoods Resort Casino finds itself at a crossroads. As in Crossroads Massachusetts, a $1 billion casino project that may or may not...
The Markham Roller Rink was past its prime. The clout-heavy owner struggled to make money and failed to make needed repairs, records show. The rink's appraised market value sat at about half a million dollars — and that was before the real...
Re. "Commentary: What is Mesa Water up to?" (March 27): This wink-and-nod commentary lacks logic and legitimacy. First, the writer, Jay B. Litvak, opens with negative comments about the Costa Mesa City Council, pink slips, union battles and a city...
LANSING, Mich. (AP) — Two rating agencies have upgraded their outlook for Michigan. Fitch Ratings on Monday upgraded the state's general obligation credit rating to AA, the first time Fitch has rated Michigan above AA- since 2007. Standard and...
Clout StreetThe state’s troubled finances are now hitting City Hall in a more visible way, as a major agency downgraded Chicago’s credit rating as the city prepares to refinance some debt. A $181 million bond issue backed with the city’s share...
The electoral map, the demographics behind President Barack Obama's re-election and the high-end tax increases that were just wrung from the Republicans give Democrats reason to believe that long-term political trends are on their side in budget...
You may have heard last week about a couple of big lawsuits brought by federal and state governments, alleging that the credit rating agency Standard & Poor's concocted a fraudulent scheme that contributed to trillions of dollars in investment losses...
Mar 20, 2013 |Story| KTUU
Aug 29, 2012 |Story| KTUU
May 17, 2013 |Story| Burbank Leader
May 3, 2013 |Story| Allentown Morning Call
May 10, 2013 |Story| Chicago Tribune
Apr 15, 2013 |Story| Hartford Courant
Apr 5, 2013 |Story| Chicago Tribune
Apr 9, 2013 |Story| Daily Pilot
Apr 3, 2013 |Story| Petoskey News
Mar 14, 2013 |Story| Chicago Tribune
Jan 11, 2013 |Story| Chicago Tribune
Feb 9, 2013 |Column| Los Angeles Times
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