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10/22/2008 News For:
Mortgages In Puerto Rico
Banco Popular de Puerto Rico reporta p?rdida 3er trimestre
Reuters - Popular Inc, el mayor banco de Puerto Rico y matriz de Banco Popular, report? una p?rdida en el tercer trimestre, debido a un alza de provisiones por cr?ditos incobrables y dijo que reducir? sus operaciones en Estados Unidos por la crisis del sistema financiero.
St. Jude Medical Resurrects Former Guidant Plant to Produce Pacemakers in Puerto Rico, an Industrial Info News Alert
Reported by Annette Kreuger, Industrial Info Resources -- St. Jude Medical Incorporated St. Paul, Minnesota has received final approval from the U.S. Food and Drug Administration to begin producing pacemakers and cardiac leads at a new plant in Arecibo, Puerto Rico.
Dodd says mortgages subject of ethics panel
Connecticut Sen. Christopher Dodd said Wednesday that he's awaiting the conclusion of a Senate ethics inquiry before releasing information to two mortgages he received from Countrywide Financial Corp.
'Under Water' Mortgages are Growing Threat to US
As the financial crisis continues to spread, nearly one in six U.S. homeowners are finding themselves owing more on their mortgages than her house was worth.
Popular Inc posts steep 3Q loss on bad loans
SAN JUAN, Puerto Rico Popular Inc. says it posted a steep loss in the third quarter due to exposure to bad loans, and will scale back its banking operations on the U.S. mainland in response to the economic downturn.
Variable mortgages cheaper after rate cut
Variable mortgages have become a bit cheaper after the Bank of Canada cut its key lending rate by a quarter of a percentage point on Tuesday. The big winners are people who already hold variable products at a fixed discount to prime, the rate the banks offer their best customers.
Dallas Cowboys' Owens deflects questions about role in offense
IRVING ? Terrell Owens won't complain about his diminishing role in the Cowboys' offense. Instead, the wide receiver told reporters Wednesday to direct those questions to the offensive coaches.
Police Called In After Judges Squabble
A scuffle in Florida's Dade County Courthouse between Circuit Judges David C. Miller and Maria Espinosa Dennis was nothing more than "bathroom tittle-tattle," Miller's attorney claims. Dennis told police Miller "grabbed her by her shoulders and pushed her toward her office" during a squabble about a fax machine. The police report says the chief circuit judge ordered both judges to leave the ...
Wachovia has $23.9 billion loss on writeoff, mortgages
Wachovia Corp reported a third-quarter loss of $23.9 billion on Wednesday, a record quarterly deficit for a banking company in the global credit crisis, underscoring the challenges Wells Fargo & Co faces when it acquires the big lender.
2 small planes collide in air in Colo; no injuries
A sheriff's department plane carrying inmates collided with another small craft in the air over western Colorado on Wednesday, but both landed safely and no injuries were reported, authorities said. "This is truly one of those miracles," said Allen Kenitzer of the Federal Aviation Administration. "Usually with a midair collision you have very serious damage and very serious injuries, ...
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