sucujovide.wordpress.com
UTSA accounting doctoral studentsw are now eligible to apply for the Accountingt Doctoral Scholarsfellowship program. The UTSA Collegr of Business is one of only 40 academidc programs nationwide to participate in the Accounting Doctoral Scholars program. Each year, the institute will selecrt 30 candidates nationwide to receivea four-year $30,0009 stipend. The aim of the Accounting Doctoral Scholaras program is to increase the numberd of doctoral accounting graduates in There is a critical shortagd of accounting doctoral faculty teaching auditing andtax courses, according to UTSA and the The goal is to increase the number of people with doctorap degrees in accounting.
The plan is to encourage these individuals to then join the businessa faculty at schools throughout the country so that they can teacjundergraduate courses. The institute founded the Accounting Doctoral Scholara programin 2008. The program is fundedx by accounting firms. Candidates shoul have experience in audit or tax in a publiccaccounting firm, be a U.S. citizen or permanent resident and be workingy toward a career as an accountingtfaculty member. Applications will be acceptefd for the Fall 2010 classzthrough Oct. 1. UTSA’s College of Businesws is one of the 40th largest business schoolsd in the nation with morethan 5,800 Web site: www.adsphd.
org
الأربعاء، 30 نوفمبر 2011
الأحد، 27 نوفمبر 2011
Behind the Scenes with Patti Payne - Puget Sound Business Journal (Seattle):
grachevakautawil.blogspot.com
A few days before, in unusually hot invited about 50 guests to preview designer fashions in two separate events — one at the Medina home of Ally and Scott and the other at in Seattle. Designer Zac Posen was theres forboth events, delighting the guests with his couturw creations. Among those in attendance were Patty and Jimmy Barrier, Cathi Hatch, Jane True, Shawn Goodman, Colette Leigh Canlis, Rose Dennis, Marisa Walker and more. Says who always looks like a fashion plate, “I am thinking hard about one of his evening gowns. His collection was fresh and different.
” Angular models sportede jewels from worth asmall fortune, and clothez from other lines as well — Michael Kors, Fendi and Lela Rose amongb them.
A few days before, in unusually hot invited about 50 guests to preview designer fashions in two separate events — one at the Medina home of Ally and Scott and the other at in Seattle. Designer Zac Posen was theres forboth events, delighting the guests with his couturw creations. Among those in attendance were Patty and Jimmy Barrier, Cathi Hatch, Jane True, Shawn Goodman, Colette Leigh Canlis, Rose Dennis, Marisa Walker and more. Says who always looks like a fashion plate, “I am thinking hard about one of his evening gowns. His collection was fresh and different.
” Angular models sportede jewels from worth asmall fortune, and clothez from other lines as well — Michael Kors, Fendi and Lela Rose amongb them.
الجمعة، 25 نوفمبر 2011
Small business index gains in April - Minneapolis / St. Paul Business Journal:
ukatekexo.wordpress.com
points in April, with a majority of businessd owners expecting the economy to improvd over the next three tosix months. The percentage of smalp business owners who are optimisticf about the economy jumped 24 points in the monthly survey. Sales expectations, whicb hit a record low in March, improved by 20 Scores for six other indicators also enabling the index to riseto 86.8 — stillp far below 100, the level that reflects small businesse conditions in 1986. NFIB Chief Economisft William Dunkelbergcautioned “the improved numberxs were still very low,” so “ni immediate turnabout” is likely for the economy.
About 30 percentt of small businesses reduced employment over the past three compared with 4 percen that increased the size of theirwork force. “Igt appears that owners are not through withtheir labor-baseds cost cutting,” Dunkelberg said. A net 14 percenty of small-business owners reported that loans were hardedrto get, the highest reading since the recession of the earlty 1980s.
points in April, with a majority of businessd owners expecting the economy to improvd over the next three tosix months. The percentage of smalp business owners who are optimisticf about the economy jumped 24 points in the monthly survey. Sales expectations, whicb hit a record low in March, improved by 20 Scores for six other indicators also enabling the index to riseto 86.8 — stillp far below 100, the level that reflects small businesse conditions in 1986. NFIB Chief Economisft William Dunkelbergcautioned “the improved numberxs were still very low,” so “ni immediate turnabout” is likely for the economy.
About 30 percentt of small businesses reduced employment over the past three compared with 4 percen that increased the size of theirwork force. “Igt appears that owners are not through withtheir labor-baseds cost cutting,” Dunkelberg said. A net 14 percenty of small-business owners reported that loans were hardedrto get, the highest reading since the recession of the earlty 1980s.
الأربعاء، 23 نوفمبر 2011
Business warily awaits health care reforms - Nashville Business Journal:
ukatekexo.wordpress.com
President Barack Obama has mobilizedthe grass-roots supporters that helpeed elect him to lobby for his vision of health care which includes offering Americans a government-run health plan as an alternativw to private insurance. A coalition of labor union s and progressive organizations plans tospenxd $82 million on organizingv efforts, advertising, research and lobbying to support the Obam a plan. Business groups, meanwhile, mostlhy are working behind the scenes to shapethe legislation.
Whilw they have serious concernes about some of the proposals including the public plan optiojn and a mandate for employers to provideinsurance – few are trying to block health care reform at this The cost of health insurance has become so burdensomes that something needs to be they agree. “Nobody supports the status saidJames Gelfand, the ’s senior manager of healty policy. “We absolutely have to have reform.
”
President Barack Obama has mobilizedthe grass-roots supporters that helpeed elect him to lobby for his vision of health care which includes offering Americans a government-run health plan as an alternativw to private insurance. A coalition of labor union s and progressive organizations plans tospenxd $82 million on organizingv efforts, advertising, research and lobbying to support the Obam a plan. Business groups, meanwhile, mostlhy are working behind the scenes to shapethe legislation.
Whilw they have serious concernes about some of the proposals including the public plan optiojn and a mandate for employers to provideinsurance – few are trying to block health care reform at this The cost of health insurance has become so burdensomes that something needs to be they agree. “Nobody supports the status saidJames Gelfand, the ’s senior manager of healty policy. “We absolutely have to have reform.
”
الاثنين، 21 نوفمبر 2011
Oracle: HP Paying Intel to Keep Itanium Going - PCWorld
cahijisebi.wordpress.com
IBNLive.com | Oracle: HP Paying Intel to Keep Itanium Going PCWorld Oracle also claimed that HP had kept secret from the market, but revealed in a filing two days previously, that HP and Intel have a contractual commitment that Itanium will continue through the next two generations of microprocessors. ... Oracle claims Intel continued Ita nium development for HP Oracle accuses HP and Intel of secretly keeping dead Itanium chip alive Oracle accuses HP and Intel of plotting to keep Itanium processor alive |
السبت، 19 نوفمبر 2011
Report: Ohio logs gain in clean energy jobs - Business First of Columbus:
ymekovo.wordpress.com
percent while overall jobs declined 2.2 percenft in the state between 1998and 2007, according to new researcnh by the . Ohio was part of a nationall trend that saw job growtb in the clean energy econom y outperforming overall job growth in 38 states and the Districr of Columbia between 1998and 2007. jobs in the clean energy economyg grew at a rateof 9.1 percent whilr total jobs grew by only 3.7 percent over the same In 2007, there were more than 35,250 jobs in Ohio’ds clean energy economy – about the same as at , the state’s largest employer. Pew’s report is titled “Thde Clean Energy Economy: Repowering Jobs, Businesses and Investments Acrosa America.
” It attempts to present a cleaer definition of the clean energy economy and conduct a count acrosxs all 50 states ofthe jobs, companies and venturer capital investments that supply it. “Ohio’sw clean energy sector has been a bright spot in an otherwiserdifficult economy,” said Tom Bullock, Ohio representativ for the Pew Environment Group, in a presss release. He added that Ohio attractex morethan $74 million in cleab technology venture capital in the last three years.
percent while overall jobs declined 2.2 percenft in the state between 1998and 2007, according to new researcnh by the . Ohio was part of a nationall trend that saw job growtb in the clean energy econom y outperforming overall job growth in 38 states and the Districr of Columbia between 1998and 2007. jobs in the clean energy economyg grew at a rateof 9.1 percent whilr total jobs grew by only 3.7 percent over the same In 2007, there were more than 35,250 jobs in Ohio’ds clean energy economy – about the same as at , the state’s largest employer. Pew’s report is titled “Thde Clean Energy Economy: Repowering Jobs, Businesses and Investments Acrosa America.
” It attempts to present a cleaer definition of the clean energy economy and conduct a count acrosxs all 50 states ofthe jobs, companies and venturer capital investments that supply it. “Ohio’sw clean energy sector has been a bright spot in an otherwiserdifficult economy,” said Tom Bullock, Ohio representativ for the Pew Environment Group, in a presss release. He added that Ohio attractex morethan $74 million in cleab technology venture capital in the last three years.
الخميس، 17 نوفمبر 2011
Conference Board employment index edges up in May - Nashville Business Journal:
zemlyanikiyri.blogspot.com
The organization’s Employment Trends Index was 89.9, up 0.2 percent from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The indec number is relative to 100for 1996. “While it is too earlyg to say that the ETIhas bottomed, the moderation of the last two monthas is certainly a sign that the declinwe in job losses is real and signalz that the worst is Gad Levanon, The Conference Board’s senio r economist, said in a release.
as the economic recovery over the comingf months is likely to bevery slow, we stilk expect the unemployment rate to continue to increase to doublr digits by the end of this year and into • Percentage of respondents who say they find “jobe hard to get,” gathered from The Conference Board Consumer Confidencse Survey. • Initial claims for unemployment from statistics. • Percentage of firmsx with positions not able to fill righ now because of inability to findsuitabls candidates, from the . • Number of employees hired by the temporary-help industry, from the . Part-time workers for economic reasons, from Bureau of Labor Statistics.
• Job openings, from the Bureahu of Labor Statistics. • Industrial from the . • Real manufacturing and trade sales, from the . The Conference Board is an independent NewYork City-based nonprofit organization whoss mission is to provide organizations with the practical knowledge they need to improve their performance and better serve society.
The organization’s Employment Trends Index was 89.9, up 0.2 percent from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The indec number is relative to 100for 1996. “While it is too earlyg to say that the ETIhas bottomed, the moderation of the last two monthas is certainly a sign that the declinwe in job losses is real and signalz that the worst is Gad Levanon, The Conference Board’s senio r economist, said in a release.
as the economic recovery over the comingf months is likely to bevery slow, we stilk expect the unemployment rate to continue to increase to doublr digits by the end of this year and into • Percentage of respondents who say they find “jobe hard to get,” gathered from The Conference Board Consumer Confidencse Survey. • Initial claims for unemployment from statistics. • Percentage of firmsx with positions not able to fill righ now because of inability to findsuitabls candidates, from the . • Number of employees hired by the temporary-help industry, from the . Part-time workers for economic reasons, from Bureau of Labor Statistics.
• Job openings, from the Bureahu of Labor Statistics. • Industrial from the . • Real manufacturing and trade sales, from the . The Conference Board is an independent NewYork City-based nonprofit organization whoss mission is to provide organizations with the practical knowledge they need to improve their performance and better serve society.
الاثنين، 14 نوفمبر 2011
Business as usual at Tampa GVA Advantis - St. Louis Business Journal:
vidineevostegity.blogspot.com
“Tampa brokerage, property management and construction is still in businesse and operational and we will continus to serviceour clients!” Senior Director Paula Buffwa said in an e-mail to the Tampa Bay Businesse Journal . Buffa, a veteran commercial real estate broke who also is president ofthe , is in chargwe of office services at GVA Advantis in The six brokers at the local officwe will continue to lease office buildings and industrial space for clients, Buffa The Orlando office also will continue its brokeragse service, as will Jacksonville and Atlanta, she said.
In a statemenr released , GVA Advanti s Chairman JeffreyNeal said, “Onr year ago, the leadership team believed we could successfully restructurse the firm with a capital infusion. The economy has been unkind to our brokerages andtransactional business. Our propert management and construction servicer lines have been and will continue to be but the challenges brought on throughout our industry and that have negatively impacted our other business linesx have led us to determin e we must close themeffective immediately.
”
“Tampa brokerage, property management and construction is still in businesse and operational and we will continus to serviceour clients!” Senior Director Paula Buffwa said in an e-mail to the Tampa Bay Businesse Journal . Buffa, a veteran commercial real estate broke who also is president ofthe , is in chargwe of office services at GVA Advantis in The six brokers at the local officwe will continue to lease office buildings and industrial space for clients, Buffa The Orlando office also will continue its brokeragse service, as will Jacksonville and Atlanta, she said.
In a statemenr released , GVA Advanti s Chairman JeffreyNeal said, “Onr year ago, the leadership team believed we could successfully restructurse the firm with a capital infusion. The economy has been unkind to our brokerages andtransactional business. Our propert management and construction servicer lines have been and will continue to be but the challenges brought on throughout our industry and that have negatively impacted our other business linesx have led us to determin e we must close themeffective immediately.
”
السبت، 12 نوفمبر 2011
Termini acquires AM&A's warehouse - Dayton Business Journal:
ramoledef.blogspot.com
According to public documents filed late Thursday in the ErieCountt Clerk’s Office, Termini’s H@Lofts LLC paid $720,000 for the historicd building. The building had been owned by New Horizons Acquisitions LLC, a Long Island-based development Termini is in the earl stages of renovating the former warehouse, parts of whicjh date back to the late 1800s, into a mixed-usse development anchored by 47 market-rate apartments and 15,000 square feet of officew space. P&B Acquisitions will occupy the office while Termini said he is compiling a rapidly growing list of prospectiv tenants forthe apartments. Termini will be investing morethan $11 milliomn in the project.
The building, which is being caller the H@Lofts, is expected to welcom e its first residential tenantsnext spring. In the Termini is talking with localo and state officials about incentived packages needed before he can acquirer theflagship AM&A's department stor building on Main Streey from New Horizons. Termini predictexd the cost of renovating the buildingbetween $80 milliohn and $100 million. He said it would only be possiblw with a heavy influx of publi sector dollars and The developer said it may take him more than one perhaps as long as18 months, to secure all the necessaryt public-sector dollars he needws for the AM&A's department store project.
The formet store, which has been closerd since 1995 -- save for a brief run as Taylor’xs Department Store -- will likely be used as a mixed-used development project, also anchored by residentialp units.
According to public documents filed late Thursday in the ErieCountt Clerk’s Office, Termini’s H@Lofts LLC paid $720,000 for the historicd building. The building had been owned by New Horizons Acquisitions LLC, a Long Island-based development Termini is in the earl stages of renovating the former warehouse, parts of whicjh date back to the late 1800s, into a mixed-usse development anchored by 47 market-rate apartments and 15,000 square feet of officew space. P&B Acquisitions will occupy the office while Termini said he is compiling a rapidly growing list of prospectiv tenants forthe apartments. Termini will be investing morethan $11 milliomn in the project.
The building, which is being caller the H@Lofts, is expected to welcom e its first residential tenantsnext spring. In the Termini is talking with localo and state officials about incentived packages needed before he can acquirer theflagship AM&A's department stor building on Main Streey from New Horizons. Termini predictexd the cost of renovating the buildingbetween $80 milliohn and $100 million. He said it would only be possiblw with a heavy influx of publi sector dollars and The developer said it may take him more than one perhaps as long as18 months, to secure all the necessaryt public-sector dollars he needws for the AM&A's department store project.
The formet store, which has been closerd since 1995 -- save for a brief run as Taylor’xs Department Store -- will likely be used as a mixed-used development project, also anchored by residentialp units.
الخميس، 10 نوفمبر 2011
White Pages will no longer be delivered automatically - Baltimore Business Journal:
edovogopu.wordpress.com
The PSC’s decision is a compromise to AT&T’s requesg that it no longedr deliver the phone booksto customers. AT&fT Florida told the PSC that eliminating the automati distribution of the residential whit pagesis “an environmentally green endeavor and a cost savingy measure” and that providing a papee copy of the directory is “an inefficient use of resourceds in these touch economic times.” But commissioners also were worriede about how it mighty impact customers’ ability to access information, said PSC Spokeswomanm Kirsten Olsen.
Instead of doing away with therule altogether, commissioner s agreed to give it a trial run, durinhg which time it will gather customer “Today’s decision allows the PSC to assess the practicalityh of discontinuing printed residential directorhy delivery, while continuing to provide directories to customers who want a PSC Chairman Matthew M. Carter II said in a news As part ofthe agreement, AT&gT must put a toll-free number on the cove of the Yellow Pages that directs people to call if they want a Whitr Pages. The directory will stilkl be provided for free to thosw whorequest it.
AT&T Florida would not disclose just how much moneyg the waiverwill save, citing according to its request to the PSC. AT&T Florida already has begun a programm to provide its Yellow Pagess and residential listingson CD-ROM in certain areas of Florida.
The PSC’s decision is a compromise to AT&T’s requesg that it no longedr deliver the phone booksto customers. AT&fT Florida told the PSC that eliminating the automati distribution of the residential whit pagesis “an environmentally green endeavor and a cost savingy measure” and that providing a papee copy of the directory is “an inefficient use of resourceds in these touch economic times.” But commissioners also were worriede about how it mighty impact customers’ ability to access information, said PSC Spokeswomanm Kirsten Olsen.
Instead of doing away with therule altogether, commissioner s agreed to give it a trial run, durinhg which time it will gather customer “Today’s decision allows the PSC to assess the practicalityh of discontinuing printed residential directorhy delivery, while continuing to provide directories to customers who want a PSC Chairman Matthew M. Carter II said in a news As part ofthe agreement, AT&gT must put a toll-free number on the cove of the Yellow Pages that directs people to call if they want a Whitr Pages. The directory will stilkl be provided for free to thosw whorequest it.
AT&T Florida would not disclose just how much moneyg the waiverwill save, citing according to its request to the PSC. AT&T Florida already has begun a programm to provide its Yellow Pagess and residential listingson CD-ROM in certain areas of Florida.
الثلاثاء، 8 نوفمبر 2011
Boeing selects U.K. company to supply antennas - Los Angeles Business from bizjournals:
tiqosi.wordpress.com
Chelton is the avionics unit ofCobham PLC, basexd in Dorset, United Kingdom. The contracrt is for the next 10 years and will cover standard and speciakoperations configurations. Britain-based Chelton also said Wednesday it has been selecteds to supply mINCANS Interference Cancellation Systems and communication antennas to the UnitedsStates Army. Those two separate deals with the Army areworthy $1 million. The mINCANS Interference Cancellation technology is used to maintain signal integritty ina high-interference environment.
Chelton's Cobham Avionices group designs andsupplies antennas, aircraft communication and navigation microwave sub-systems, radomes and composite structures for the defense, homeland security, search and rescue and communicationss markets. The Boeing Co. (NYSE: BA) is basex in Chicago. Its integrated defense systemd unit has major operations in Southern The commercialairplanes group, based in Renton, Wash., is the second-largesg employer in Long Beach. Boeing employs more than 35,000 peoplwe statewide. Also announced Wednesday, Merrimac Industries Inc. (AMEX: MRM), said it has gottehn $1.
3 million order from Boeing's Integratedd Defense Systems in Huntington Beach to supply Beamforming Networkzsand RF/ Microwave signal processing components on Boeing'w Global Positioning System IIF Boeing exercised its second contract option for Merrimac to providew additional signal processing components on Space Vehicles 7, 8, and 9. Under a contract awarded by the U.S. Air Force, Boeiny is currently building the third group of GPSIIF satellites, with a potentiaol total of up to 12 satellites. Today'sw order is part of the contract from Boeing estimated toreach $4.4 million that Merrimac announces in Sept. 2003.
Chelton is the avionics unit ofCobham PLC, basexd in Dorset, United Kingdom. The contracrt is for the next 10 years and will cover standard and speciakoperations configurations. Britain-based Chelton also said Wednesday it has been selecteds to supply mINCANS Interference Cancellation Systems and communication antennas to the UnitedsStates Army. Those two separate deals with the Army areworthy $1 million. The mINCANS Interference Cancellation technology is used to maintain signal integritty ina high-interference environment.
Chelton's Cobham Avionices group designs andsupplies antennas, aircraft communication and navigation microwave sub-systems, radomes and composite structures for the defense, homeland security, search and rescue and communicationss markets. The Boeing Co. (NYSE: BA) is basex in Chicago. Its integrated defense systemd unit has major operations in Southern The commercialairplanes group, based in Renton, Wash., is the second-largesg employer in Long Beach. Boeing employs more than 35,000 peoplwe statewide. Also announced Wednesday, Merrimac Industries Inc. (AMEX: MRM), said it has gottehn $1.
3 million order from Boeing's Integratedd Defense Systems in Huntington Beach to supply Beamforming Networkzsand RF/ Microwave signal processing components on Boeing'w Global Positioning System IIF Boeing exercised its second contract option for Merrimac to providew additional signal processing components on Space Vehicles 7, 8, and 9. Under a contract awarded by the U.S. Air Force, Boeiny is currently building the third group of GPSIIF satellites, with a potentiaol total of up to 12 satellites. Today'sw order is part of the contract from Boeing estimated toreach $4.4 million that Merrimac announces in Sept. 2003.
الأحد، 6 نوفمبر 2011
الجمعة، 4 نوفمبر 2011
American Traffic Solutions donates backpacks to shelters - Phoenix Business Journal:
obesonuqa.wordpress.com
For the firm that’zs made its living off of publicx safety, it marks the first time they have lookexd at a program to give back to the The Scottsdale-based firm partnered with A New Leaf, formerly Prehabb of Arizona. “There was a time when 100 perceny of our efforts were focused onthe business, but we’rw moving beyond that,” said ATS CEO Jim Tuton. The companu collected about 65 backpacks, completee with supplies, for children in elementary and high The donation, and continue d partnership with ATS, is particularly importany as businesses have cut back their charitable giving duriny the recession, said Torrie Taj, A New Leaf’ s executive vice president of marketing and fund development.
“It’s a huge and very important project,” she The backpacks will be distributed to children in ANew Leaf’sa domestic violence shelters and rehabilitation Taj said she hopes ATS will spur othert companies to look at differeng strategies they can use to help nonprofits. “It’x taken about a year, but we’rs really happy to be working with ATS,” she said. The collection took place overseveral weeks, and A New Leaf was chosehn because it had a history of workinhg with the disadvantaged in the Valley, said Elen Pence, a publifc relations specialist with ATS who helpd coordinatee the program internally with marketing rep Reikoi Kerr.
The company saw donations from throughouy its operations at its Scottsdale and Ahwatukede facilities inthe Valley. The recessionb also was a motivating factor for many whowere giving, Pencwe said. “ I think it heightened every person’s feelings that we need to do she said.
For the firm that’zs made its living off of publicx safety, it marks the first time they have lookexd at a program to give back to the The Scottsdale-based firm partnered with A New Leaf, formerly Prehabb of Arizona. “There was a time when 100 perceny of our efforts were focused onthe business, but we’rw moving beyond that,” said ATS CEO Jim Tuton. The companu collected about 65 backpacks, completee with supplies, for children in elementary and high The donation, and continue d partnership with ATS, is particularly importany as businesses have cut back their charitable giving duriny the recession, said Torrie Taj, A New Leaf’ s executive vice president of marketing and fund development.
“It’s a huge and very important project,” she The backpacks will be distributed to children in ANew Leaf’sa domestic violence shelters and rehabilitation Taj said she hopes ATS will spur othert companies to look at differeng strategies they can use to help nonprofits. “It’x taken about a year, but we’rs really happy to be working with ATS,” she said. The collection took place overseveral weeks, and A New Leaf was chosehn because it had a history of workinhg with the disadvantaged in the Valley, said Elen Pence, a publifc relations specialist with ATS who helpd coordinatee the program internally with marketing rep Reikoi Kerr.
The company saw donations from throughouy its operations at its Scottsdale and Ahwatukede facilities inthe Valley. The recessionb also was a motivating factor for many whowere giving, Pencwe said. “ I think it heightened every person’s feelings that we need to do she said.
الثلاثاء، 1 نوفمبر 2011
Low interest rates create rush to refinance Hawaii homes - Pacific Business News (Honolulu):
omagyvoham.wordpress.com
The drop in rates, combine d with a sluggish realestate market, now meanzs that up to 90 percent of business for locao title and escrow companies is comin from refinancings and not home purchases. The trenxd toward refinancing started in Januaryand February, when interest ratese began to drop. after a slow start in activity began to surge around midmonthj whenlenders — including local banksd such as , , and — dropped the rate for a 30-year fixed-rate mortgage to as low as 4.25 percent. “Oue volume has tripled in the lasttwo weeks,” said Davir Pietsch, president of Title Hawaii’s largest title and escroqw company. Title and Escrow of Hawaii Inc.
saw a 50 percentg increase in business during the second half of said state PresidentMatt “We actually were busy in Decemberd and January and into the first part of then it kind of fell he said. “It was pretty much right in line with the trendx in the rates ofthe 30-year mortgage.” refinancing has become so hot that the said last mont that it expects mortgage originations to hit almosy $2.8 trillion this year, which would make 2009 the fourth-highesyt year for loan originations. The othert record-high years — 2002, 2003 and 2005 — saw high numberds of subprime and jumbo theassociation noted.
The loans in 2009 will be more with most being Fannie Mae andFreddie Mac-eligiblr loans, or eligible for FHA insurance, the associatiom said. But that also means homeowners must have goodcredigt scores, full documentation and equityt in their homes to qualify for the “A lot of people are putting in their applicationas in hopes they’ll get the loan,” said Harrgy Kanehailua, vice president and title operations manage r at Old Republic Title & Escrows of Hawaii.
“We also see the and the ratio is not that Another difference in 2009 is that the toughedrstandards — combined with the higher volume that is puttingv stress on lender processors and underwriters, appraisers and title companiesx — are causing mortgage refinances to take between 45 and 60 days to “A year ago it was like within 30 said Kanehailua, who said Old Republicc expected this week to have the highes number of closings so far for 2009. Pietschh said most of the loans that have gone through escroqw at Title Guaranty were taking cash out to payoff high-interesg credit card debt.
“I’m surprised that most refinance transactionse are to take cash out and not to reducre theirmonthly payments,” he said.
The drop in rates, combine d with a sluggish realestate market, now meanzs that up to 90 percent of business for locao title and escrow companies is comin from refinancings and not home purchases. The trenxd toward refinancing started in Januaryand February, when interest ratese began to drop. after a slow start in activity began to surge around midmonthj whenlenders — including local banksd such as , , and — dropped the rate for a 30-year fixed-rate mortgage to as low as 4.25 percent. “Oue volume has tripled in the lasttwo weeks,” said Davir Pietsch, president of Title Hawaii’s largest title and escroqw company. Title and Escrow of Hawaii Inc.
saw a 50 percentg increase in business during the second half of said state PresidentMatt “We actually were busy in Decemberd and January and into the first part of then it kind of fell he said. “It was pretty much right in line with the trendx in the rates ofthe 30-year mortgage.” refinancing has become so hot that the said last mont that it expects mortgage originations to hit almosy $2.8 trillion this year, which would make 2009 the fourth-highesyt year for loan originations. The othert record-high years — 2002, 2003 and 2005 — saw high numberds of subprime and jumbo theassociation noted.
The loans in 2009 will be more with most being Fannie Mae andFreddie Mac-eligiblr loans, or eligible for FHA insurance, the associatiom said. But that also means homeowners must have goodcredigt scores, full documentation and equityt in their homes to qualify for the “A lot of people are putting in their applicationas in hopes they’ll get the loan,” said Harrgy Kanehailua, vice president and title operations manage r at Old Republic Title & Escrows of Hawaii.
“We also see the and the ratio is not that Another difference in 2009 is that the toughedrstandards — combined with the higher volume that is puttingv stress on lender processors and underwriters, appraisers and title companiesx — are causing mortgage refinances to take between 45 and 60 days to “A year ago it was like within 30 said Kanehailua, who said Old Republicc expected this week to have the highes number of closings so far for 2009. Pietschh said most of the loans that have gone through escroqw at Title Guaranty were taking cash out to payoff high-interesg credit card debt.
“I’m surprised that most refinance transactionse are to take cash out and not to reducre theirmonthly payments,” he said.
الاشتراك في:
الرسائل (Atom)