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Credit Ratings

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  • Fed chief concerned about the number of Americans working part-time

    Fed chief concerned about the number of Americans working part-time
    Federal Reserve Chair Janet Yellen has a stubborn warning light blinking on her labor market dashboard: A group of Americans larger than Washington state's population can find only part-time work.
  • Leesburg touts higher credit rating from Standard & Poor's

    Leesburg touts higher credit rating from Standard & Poor's
    LEESBURG — The city, which has weathered tough financial times in recent years, is celebrating a decision by Standard & Poor's Ratings Services to give a boost to Leesburg's credit rating. The rating improved from A+ to AA- for overall long-term...

    Flippers, landlords find new home-loan money

    Flippers, landlords find new home-loan money
    Orlando landlord Brian Lunsford needed $40,000 to renovate a house that a college student almost burned down, so he turned to an online crowdfunding site. Within two days, more than a dozen investors had each agreed to loan him an average of $2,800...

    Institutional investors losing interest in Chicago-area housing

    Institutional investors losing interest in Chicago-area housing
    Investors that bought at least 10 single-family homes and condominiums in a year -- a measure designed to exclude activity by mom-and-pop rehabbers and flippers -- accounted for only 4.9 percent of area sales during the second quarter, compared with 8.8...

    Bristol Consultant: Downtown Plan Unlikely To Work

    Bristol Consultant: Downtown Plan Unlikely To Work
    BRISTOL — After analyzing the downtown housing market, a consultant on Monday recommended that the city reject the current version of Renaissance Downtowns' redevelopment plan. The financing documents in Renaissance's proposal for a 100-unit...