IRS probe looks into loans made by Hialeah mayor

IRS probe looks into loans made by Hialeah mayor
Associated Press – January 28, 2011 9:44 AM ET HIALEAH, Fla. (AP) – Federal investigators are looking into $750,000 in loans Hialeah Mayor Julio Robaina and his wife made to a diamond jeweler…

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FHA Program For Flipped Houses Extended

FHA Program For Flipped Houses Extended
The Obama administration on Friday extended through the end of the year a popular program allowing buyers of flipped homes to obtain loans backed by the Federal Housing Administration (FHA).

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How to ditch mortgages before retirement

How to ditch mortgages before retirement
Dear Dr. Don, I am 55 years old and am considering taking advantage of current low interest rates to refinance my existing mortgage debt. The maturity dates of these loans roughly coincide with my planned retirement date from full-time employment.

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The Public Eye: The rising cost of a UC, CSU education

The Public Eye: The rising cost of a UC, CSU education
UC and CSU officials recently increased student fees by another 10 percent. Since 1966, fees at both systems have increased about six times faster than inflation. Gov. Jerry Brown is proposing further cuts that would likely lead to more student fee increases.

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Get help applying for college aid at OJC on Feb. 13

Get help applying for college aid at OJC on Feb. 13
La Junta, Colo. — Students and parents will be offered free professional help as they take an important first step to getting college financial aid on Sunday, Feb. 13 at 15 locations across Colorado, including Otero Junior College.

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S.Korea banks’ Q4 profits fall on provisioning -regulator

S.Korea banks’ Q4 profits fall on provisioning -regulator
SEOUL, Feb 1 (Reuters) – South Korean banks’ total fourth quarter net profit slid 23.2 percent from the previous quarter on declining non-interest income amid continued provisioning pressure, South Korea’s financial watchdog said on Tuesday.

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India’s DLF Q3 net slips, cautious on outlook

India’s DLF Q3 net slips, cautious on outlook
* Net profit 4.66 bln rupees VS 4.68 bln rupees

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Greek decline may yet lead to fall

Greek decline may yet lead to fall
The European Union is engaged in frantic behind the scenes talks to reduce Greece’s debt as international monitors fly into Athens this week.

Read more on Brisbane Times

Citizens First risk was not rewarded

Citizens First risk was not rewarded
The Blue Water area got a bitter taste of the bad banking practices that led to the collapse of 157 banks nationwide in 2010 when CF Bancorp, known locally as Citizens First, failed.

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Businesses on hook to pay U.S. $3.1 billion for unemployment benefits

Businesses on hook to pay U.S. $3.1 billion for unemployment benefits
Pennsylvania has borrowed $3.1 billion from the federal government to pay unemployment benefits. The bill is coming due. And businesses are paying up.

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