7 Institutions Seized The Georgia Department of Banking and Finance closed a bank in the state, while federal and state regulators closed two banks in Florida.
In addition, state regulators in Washington and Oregon closed two more banks.
Two credit union failures brought to seven the number of financial institutions to fail last week.
COFI Edges Up The Cost of Funds Index increased 0.006 percent from May to June, the Federal Home Loan Bank of San Francisco reported.
The index jumped 20 basis points compared to a year earlier.
The index was calculated based on data from 11th District members.
U.S. Rep Takes on HUD Democratic Rep. Dennis Cardoza is taking steps to curtail travel by U.S. Department of Housing and Urban Development Secretary Shaun Donovan.
The California congressman noted that Donovan took a delegation to Rio de Janeiro in March for an international housing conference.
Cardoza said Donovan needs to first concentrate on the foreclosure rate in the U.S. before getting involved in international housing problems.
Learn About the 2009 First-Time Home Buyer Tax Credit Attention potential home buyers! Take advantage of an $8,000 tax credit toward the purchase of a principal residence for first-time buyers on or after January 1, 2009 and before December 1, 2009. And to make the deal even better, the credit does not require repayment. It's all part of the American Recovery and Reinvestment Act.
This Website-www.remodelminnesota.com is owned and operated by Venture Development-a
Minnesota Mortgage broker providing mortgage loan financing. We are a private
company and not a government agency or the federal government. Begin your online mortgage application for a Minnesota home loan at http://www.VentureLoanApp.com
John Mazzara is a licensed Realtor and is affiliated with RE/MAX Associates Plus, 7300 France Ave S, Suite 410, Edina, MN 55435.
Each RE/MAX office is independently owned and operated. John has sold homes since 1986 in Edina and throughout the entire
Minneapolis/St. Paul Metro area. We have a lot of relocation resources for relocating to MN.
Search for Minnesota Homes via our online MLS search at
http://www.minneapolisstpaulhomes.com/ or
by phone at 952-929-2577.
NMLS # John Mazzara - 332556, Patti Mazzara- 333279 Venture Development State Of MN Originator License #20183304
