Fairfax Real Estate News
Real Estate news for Fairfax, VT continually updated from thousands of sources.
Dec 22, 2016 | via Insurance Journal West
Vermont Governor-elect Phil Scott announced he would reappoint Michael Pieciak as commissioner of the Department of Financial Regulation. The department will also retain the deputy commissioners for each of its four divisions, which include Cynthia Stuart for Banking, Kaj Samsom for Insurance, William Carrigan for Securities, and David Provost for Captive Insurance. Comment?
Dec 19, 2016 | via Seven Days
Republican governor-elect Phil Scott remains interested in shifting public-sector pension plans from "defined benefit" to "defined contribution," an idea Vermont labor unions say is a nonstarter . Well, he's interested in his own elliptical way. Comment?
Dec 17, 2016 | via OregonLive.com
Oregonians aren't very financially savvy, which can lead to uninformed and poor choices about their money, according to a new national report card on adult financial literacy. If it's any consolation, however, we're not quite as ignorant, profligate or strapped as adults in most states, according to the report from the Center for Financial Literacy at Champlain College in Vermont. Comment?
Dec 16, 2016 | via Seven Days
Al Turgeon, a senior administrator at the University of Vermont, spent 24 years in the United States Army on active duty. He served in Alaska, Illinois, Kansas, Colorado, South Korea, Germany and the Middle East as an infantry officer with a specialty in operations, planning and training. Comment?
Oct 26, 2016 | via The Brattleboro Reformer
On Oct. 13, the Vermont Center for Independent Living honored Julie Lineberger and Joseph Cincotta of LineSync Architecture with an Ally of Accessibility Award. The award was handed out at VCIL's Montpelier office. Comment?
3 min ago | via The Daily Millbury
Bank of Queensland says it has seen a surge in mortgage applications in recent weeks, despite tough competition in the home loan market and stricter regulatory controls. The bank reported cash earnings of $175 million for the first half of the financial year, down 2 per cent from a year earlier. Comment?
14 min ago | via CBC News
The low vacancy rate in Merritt has forced some residents who lost everything in an apartment fire to move to Kamloops and Logan Lake. An apartment fire at Kengard Manor in Merritt, March 16, forced 58 people out of their homes and with the tight rental market in the city, it's unlikely any of them will be able to find an affordable rental. Comment?
24 min ago | via Steuben Courier
U.S. stock indexes closed mostly higher Wednesday after a sharp increase in crude oil prices helped drive market-leading gains for energy companies. Banks and other financial stocks declined the most as bond yields headed lower, which translates into lower interest rates on loans and lower profits for banks. Comment?
31 min ago | via WFAA-TV Dallas
Will Donald Trump be good or bad for the housing market? It is far too early to say, but ultimately, it may depend on what side of the housing transaction you find yourself. So far, indications are that the Trump years may produce a more conservative market for home loans, especially for those with fewer resources and lower down-payment money. Comment?
45 min ago | via SouthCoastToday.com
Santander, which Healey called the largest packager of subprime auto loans in the nation, funded "unfair and unaffordable" loans to more than 2,000 consumers in Massachusetts, knowing that many of the borrowers could not meet the terms and would default, Healey said. Buyers often agree to financing terms through contracts signed at car dealerships, but the loans are backed by financial institutions such as Santander, who often resell the loans to third parties or place them into asset pools. The bank also was accused by the states of knowingly taking on loans from car dealers that submitted loan applications that inflated the reported incomes of customers, and continued to fund loans from dealers it knew had high rates of delinquency and default among customers. "We will continue to pursue investigations in this area to ensure that Delaware consumers receive a fair deal ... (more) Comment?
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