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Financial and Business Services

A collection of news and information related to Financial and Business Services published by this site and its partners.

Top Financial and Business Services Articles

Displaying items 56-66
  • Underwater mortgages could play role in how people vote

    Underwater mortgages could play role in how people vote
    If over-mortgaged homeowners go to the polls bearing a grudge against incumbents, Central Florida's Democratic members of Congress are most likely to suffer the consequences, a new study shows. In Metro Orlando's Democratic congressional districts,...
  • New IRA would target small businesses without employer-sponsored retirement plans

    New IRA would target small businesses without employer-sponsored retirement plans
    Legg Mason Inc. and two partners will begin offering a new retirement product aimed at small businesses and their employees. The EZ-IRA is designed to overcome hurdles that limited small-business access to such retirement investment vehicles, leaving...
  • Lawsuit seeks documents in Puerto Rico fund settlement with UBS

    (Reuters) - An investor who alleges he lost more than $400,000 in Puerto Rico closed-end bond funds sold by a UBS AG unit has sued Puerto Rico's financial regulator, challenging the transparency of its $5.2 million settlement with the firm. Manuel...
  • UBS Re-Ups In State Incentive Package Tied to 2,000 Jobs

    Swiss banking giant UBS, which is exploring whether it will exit its large Stamford skyscraper at the end of its lease in 2017, will keep jobs in the state through 2021, as part of an agreement announced by the governor Friday. "This extended agreement...
  • Prominent Financial Firm Shuts Downtown Offices; Managers 'Operating Virtually From Their Homes'

    HARTFORD — Smith Whiley & Co., a Connecticut financial services firm that once handled tens of millions of dollars in state pension fund investments, got a $350,000 state economic development deal in 2012 on the condition that it add jobs to its...
  • Fannie Mae, Freddie Mac reach deal to ease mortgage lending

    Mortgage financing giants Fannie Mae and Freddie Mac, together with their federal regulator, have drawn up rules aimed at loosening constricted lending standards to make mortgages more affordable and easier to get for those with less than stellar credit....
  • For vets, a housing boom

    There may be fewer military boots on the ground overseas, but here at home there have been major campaigns in the housing market this year directed at veterans. Not only has the Department of Veterans Affairs' VA home-loan program gained significant...
  • Mortgage rates rebound

    Mortgage rates rebound
    Average fixed mortgage rates moved higher this week, rebounding from the lowest rates of the year. The average interest rate on a 30-year, fixed-rate mortgage was 3.98 percent. That compared with 3.92 percent last week and 4.10 percent in the same...
  • The Hartford Reports Strong Quarterly Earnings

    The Hartford Financial Services Group reported strong earnings, beating analysts' expectations, on growth in underwriting and higher prices in property-casualty segments, though revenue was down, partly due to a drop in Group Benefits. Net income for the...
  • Don't buy a house you can't afford

    America needs more low-down-payment loans. That seems to be the opinion of our government, anyway. The government agencies that drive most of the housing market are pushing for lower down-payment standards on mortgages, easing the 20 percent requirement...
  • Federal rules are deterring banks from approving more home loans

    By most measures, the housing market should be roaring. Prices are leveling off. Borrowing is cheap. Even the job market is recovering. And yet home sales are on pace to fall this year for the first time since 2010. The torturous experience of home...