| Oct 8, 2013
| 10:03 AM
Here is the press release from Fitch Ratings, documenting their upgrade of the Seminole Tribe of Florida.
Fitch Ratings assigns a 'BBB' rating to Seminole Tribe of Florida's (STOF) proposed $395 million incremental term loan B. Fitch also upgrades...
| Feb 3, 2014
| 8:10 PM
In a move that will add to the city's mountain of debt, Mayor Rahm Emanuel won support Monday from the City Council's Finance Committee to issue up to $900 million in bonds backed by property taxes.
It's the largest request put forth during Emanuel's...
| Apr 23, 2014
| 6:47 PM
Even though the recent financial crisis is barely in the rearview mirror, risk is starting to build once again in both the U.S. mortgage and housing markets.
Contrary to the prevailing view that only borrowers with pristine credit records can get a...
| May 31, 2013
| 3:37 PM
At one point during the three years that Harbor Bank of Maryland operated under heightened federal scrutiny, a regulator asked CEO Joseph Haskins Jr. why he stuck it out. Why not just retire?
But for Haskins, one of the founders of the Baltimore bank in...
| Feb 18, 2014
| 12:17 PM
Below: A chronology of today's Florida Panthers / Broward County Commission meeting, with highlights of all that was said. Bottom line: A majority of commissioners support giving more hotel taxes to the team.
The Broward County Commission is holding...
| Jul 8, 2013
| 9:52 AM
South Floridians have been trying to lower their student loan balances and experts say students can lower what they need to borrow with some advance planning.
In May, those with student loans in Miami-Dade and Broward counties had lowered their...
| Jun 17, 2013
| 5:38 PM
Marylanders are big complainers.
At least when it comes to the financial services they receive.
Maryland ranked No. 2 in the nation in mortgage complaints per capita, second only to New Hampshire, for grievances lodged with the Consumer Financial...
| Jun 11, 2013
| 7:32 PM
The state-owned Hyatt Regency Chesapeake Bay resort in Cambridge continues to deplete a reserve fund to cover its semiannual debt payments because it is not making enough money.
The state withdrew $2 million from the reserve June 1, cutting the fund's...
| Jun 13, 2013
| 6:45 AM
A recent article in The Sun lamented the scheduled interest rate increase on student loans ("Student loan rates set to rise, barring Congress cram session," June 7).
Cancellation of this program would be of benefit to all future students. The increase...
| Jun 13, 2013
| 9:59 AM
State regulators have ordered a South Dakota-based payday lender to stop making consumer loans in Maryland after finding the company used predatory tactics and charged excessive interest rates.
Western Sky Financial, located on a reservation in Timber...
| Jun 24, 2013
| 4:52 PM
Can you figure out how much a $300 sofa would cost during a half-price sale? If five people share the winning numbers for a lottery with a $2-million prize, can you calculate how much money will wind up in each winner’s pocket? If questions like...