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Business Examiner > Blog
Published July 9, 2009, 11:26 am, South Sound Business Examiner
A record wave of job losses is being cited as a major factor in a record rate of consumer delinquencies in the first quarter of 2009, according to the American Bankers Association's Consumer Credit Delinquency Bulletin.
GOP rips bill to use TARP funds for home loans
Published July 9, 2009, 8:56 am, Market Watch
Republicans lash out against legislation that would require more than $6 billion of funds from the bank-bailout package to be used to help troubled homeowners and neighborhoods.
US Consumer Credit Falls In May A Fourth Straight Month
Published July 8, 2009, 12:27 pm, Nasdaq
WASHINGTON -(Dow Jones)- Americans, forced to frugality by the highest jobless rate in a quarter century, reduced borrowing during May for a fourth straight month.
Canadian consumer bankruptcies soar in May
Published July 8, 2009, 1:40 am, Toronto Star
Bankruptcies in Canada continued to soar in May versus year-earlier levels as consumers succumbed to crushing debt loads and job losses, but the tally improved modestly from April.
Job Losses Drive Consumer Delinquencies to Record Highs
Published July 7, 2009, 2:30 pm, US News & World Report
The American Bankers Association says home equity credit delinquencies have hit new highs.
Consumer loan delinquencies rise to record high
Published July 7, 2009, 12:10 pm, Market Watch
The number of consumers who were delinquent on their loans rises to a record level in the first quarter of 2009, according to the American Bankers Association.
US Consumers Continue To Fall Behind On Loans - Report
Published July 7, 2009, 8:26 am, Nasdaq
WASHINGTON -(Dow Jones)- U.S. consumers are falling behind on their loans at a record pace as the nation's economic woes continue to grow, according to a report from a banking industry group.
Fitch Rates Springfield Metro Sanitary Dist., IL GOs 'AA-'; Outlook Stable
Published July 6, 2009, 3:06 pm, Business Wire via Yahoo! Finance
CHICAGO----Fitch Ratings assigns an initial rating of 'AA-' to the Springfield Metro Sanitary District, Illinois' $18.8 million general obligation bonds , series 2009A, which are scheduled for a competitive sale on July 8, 2009.
Security Bank CFO leaving
Published July 6, 2009, 1:43 pm, Atlanta Business Chronicle
Security Bank Corp. Chief Financial Officer James R. McLemore Jr. is leaving to become CFO of an unnamed Southeast financial institution, Security Bank reported Monday. (SBKC)
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