...the U.S. government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 93 million account holders in all federal credit unions and...
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Unemployment Rate 8.1%, Economy Adds 96K Jobs In August
...(finance, insurance and real estate) sector added 7,000 jobs August, more than reversing the 2,000 jobs cut in that sector in July. Within the financial sector, the number of real...
Read More »First American and Home LoanPort Form Alliance to Provide Data
...[COLUMN_BREAK] As part of the alliance, First American Title Insurance Company will provide property-level collateral data, which includes lien priority insurance information and property valuations, to be integrated with the...
Read More »Corn Production Key Concern in Swing State Iowa, Not Foreclosures
...Insight"":http://www.ihs.com/products/global-insight/index.aspx, USDA's preliminary estimate shows that Iowa's corn yield will be 18 percent lower than last year, and soybean yields will be down 13 percent. While the federal crop insurance...
Read More »Churchill Mortgage Sees 540% Increase in FHA Refis Since 2011
...mortgage rates without needing an appraisal. In March 2012, FHA expanded the reduced mortgage insurance premium program to include loans endorsed or insured prior to June 2009. Churchill began calling...
Read More »Spending Growth Tops Income in July
...Wages and salaries grew just $16.3 billion in July, down from the $29.2 billion increase in June. Transfer payments â€" predominantly unemployment insurance, Social Security and Medicare â€" rose $10.3...
Read More »FDIC Sees Number of Problem Banks Fall in Q2
...FDIC's embattled Deposit Insurance Fund posted a net worth of $22.7 billion, which rose from $15.3 billion from the end of March. The loss reserve declined from $5.3 billion to...
Read More »Report: Credit Risk in Shared National Portfolio Declined in 2012
...largest industry groups-finance and insurance, durables manufacturing (excluding automotive), media and telecommunications, and utilities-comprised 44.5 percent of the 2012 SNC portfolio. Of these groups, media and telecommunications accounted for 22.3...
Read More »Fed Profits After Selling Remaining Securities from AIG Bailout
...all, the Fed accrued $17.7 billion in revenue from its assistance to AIG. The Federal Reserve and the Treasury stepped in to aid AIG, the world's largest insurance company, in...
Read More »RES.NET Adds SVP to Executive Team
...25 years of mortgage banking, title insurance, and closing services experience to the role, having worked in the past as SVP of business development at NDeX, LP, and Barrett Daffin...
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