Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The United States saw its exports for the month of June fall more rapidly than imports declined. U.S. exports fell by $4.1 billion to $170.9 billion, while imports fell by $1.9 billion to $223.9 billion and still exceeded exports. That fueled another increase [...]
Posts Tagged ‘Washington’
US trade deficit widens as exports plunge
August 14th, 2011 
admin 
Posted in News 
Tags: AHN, Australia, China, china rise, D.C., deficit, Egypt, exports, gap, Hong Kong, June, linda young, plunge, Singapore, trade, trade deficit with china, trade gap, U.S., U.S. Commerce, United States, Washington, widens, writer washington 
Comments OffFDA unveils new cigarette packaging labels
June 21st, 2011 admin Ayinde O. Chase – AHN News Staff Washington, D.C., United States (AHN) – The U.S. Department of Health and Human Services on Tuesday unveiled a series of graphic images and messages that will cover the top portion of every cigarette package in the United States starting in September. According to statistics from the Food and [...]
Posted in News Tags: Canada, caption, cigarette, cigarette companies, cigarette package, Cigarettes, D.C., fatal lung disease, food and drug administration, graphic health, image, labels, O. Chase - AHN, packaging, smoke, U.S . Department, United States, unveils, Washington Comments OffHouse approves bill to axe borrower help
March 30th, 2011 admin WASHINGTON (MarketWatch) — The House of Representatives late Tuesday approved legislation that would axe an Obama administration program that seeks to modify mortgages for troubled borrowers. It is unlikely that the bill would be approved by the Democratic-controlled Senate. GOP officials argue that the programs aren’t working and must be eliminated as part of a [...]
Posted in News Tags: approves, Bill, borrower, congressional oversight, gop officials, Help, house, market pulse, MarketWatch, News, oversight panel, senate gop, Stories, Washington Comments OffWells Trimming Servicing Staff
March 24th, 2011 admin Wells Fargo announced it will cut 68 positions at a Washington State loan collection call center. As borrowers pay off their loans, the company said that the number of delinquent accounts has decreased. “Unfortunately this wasn’t enough to address the smaller workload,” a Wells Fargo executive stated. View full post on All Stories
Posted in News Tags: borrowers, call, center, collection, delinquent accounts, Fargo, loan, loan collection, servicing, staff, state, Trimming, Washington, washington state loan, Wells, wells fargo Comments OffSettlement would offer significant new protections for homeowners
March 20th, 2011 admin By Kenneth R. Harney, Special to the Times Thursday, March 17, 2011 Settlement would offer significant new protections for homeowners WASHINGTON — When you take out a home mortgage, do you expect to be treated fairly and competently by your bank or loan servicer? Most likely you do. But the widely publicized “robo-signing” and foreclosure [...]
Posted in News Tags: congressional hearings, dual track, fair dealing, foreclosure, Homeowners, Kenneth R. Harney, loan, mortgage, offer, payment histories, protections, settlement, significant, Thursday, Times, track 13, Washington, Would Comments OffOfficials: Banks to be sanctioned
February 18th, 2011 admin WASHINGTON – Major U.S. banks are about to get penalized for “critical deficiencies” and shortcomings in how they handled foreclosures, a top federal regulator said Thursday at a Senate Banking Committee hearing examining the Dodd-Frank Act six months after its congressional approval. “These deficiencies have resulted in violations of state and local foreclosure laws, regulations [...]
Posted in News Tags: Bank, Banking, Banks, Comptroller, comptroller of the currency, critical deficiencies, Currency, federal deposit insurance, foreclosure, Frank Act, John Walsh, jpmorgan chase, Major U.S, Officials, sanctioned, senate banking committee, U.S., Walsh, Washington, Wells Comments OffFed to cut role in home loans
February 12th, 2011 admin Washington – The Obama administration laid out three broad options Friday for reducing the government’s role in the mortgage market. All three would almost certainly lead to higher interest rates and costs for borrowers. View full post on All Stories
Posted in News Tags: Administration, borrowers, Friday, government, home, interest rates, mortgage market, News, Obama, role, Washington Comments OffU.S. Nov. consumer credit up $1.35 bln
January 14th, 2011 admin WASHINGTON (MarketWatch) -U.S. consumers increased their debt for the second straight month in November, the Federal Reserve reported Friday. Total seasonally adjusted consumer debt increased $1.35 billion, or a 0.7% annualized rate, in November to $2.402 trillion. This is the first two month gain in consumer credit since June and July 2008. Economists had expected [...]
Posted in News Tags: $1.35, consumer, credit, credit card debt, debt, debt market, Increase, initial estimate, market pulse, Nov., November, revolving debt, U.S., Washington Comments Off$4B in ‘botched’ stimulus loans
January 8th, 2011 admin WASHINGTON — An internal Agriculture Department report says the feds may have given out more than $4 billion in stimulus housing loans to ineligible borrowers. A preliminary report from the USDA insp View full post on All Stories
Posted in News Tags: 'botched', Agriculture, agriculture department, Department, housing, housing loans, insp, News, preliminary report, report, stimulus, Washington Comments Off95 percent of borrowers go for fixed rates
November 16th, 2010 admin WASHINGTON, Nov. 15 (UPI) — Ninety-five percent of U.S. borrowers in the third quarter chose fixed-rate contracts when refinancing, the U.S. Federal Loan Mortgage Corp. said Monday. View full post on All Stories
Posted in News Tags: borrowers, federal loan, fixed, loan mortgage, mortgage corp, Ninety-five, Nov., percent, quarter, rates, U.S., U.S. Federal, UPI, Washington Comments Off
