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Florida Banking News. Service for global professionals. Constantly updated news and information about Florida.
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Latest Florida Banking News

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  • National Thirty-Year Fixed Mortgage Rate Surges to Near 5.0%; Loan Request Mix Heavily Favors Purchase Loans 1 Jan 2010 00:12 GMT
    ... Continues to Rise Monday, According to Zillow(R) Mortgage Rate Monitor SEATTLE, Dec. 29 /PRNewswire/ -- ... 5.06% 4.90% +16 ----------- ---- ---- --- Florida 4.90% 4.73% +17 ------- ---- ---- --- ...

  • TJX stolen data used in Florida crime spree 1 Jan 2010 01:11 GMT
    ... Law enforcement officials in Florida have arrested six individuals suspected of carrying ... be connected to the , although some banks have previously reported that accounts held by consumers ...

  • Briefings: Workers' Comp, Washington Times Layoffs, Mortgage Rates Up 1 Jan 2010 02:53 GMT
    ... Thursday, December 31, 2009 at 4:49 p.m. Florida's workers' compensation market remained competitive and increasingly ... cents or 0.09 percent to $32.25 Thursday. Mortgage rates rose for the fourth straight week, ...

  • South Alabama women's basketball team tops Florida International in Sun Belt Conference contest 1 Jan 2010 10:51 GMT
    ... South Alabama women's basketball team tops Florida International in Sun Belt Conference contest MIAMI ... 14 points, Tashley Gaines 11 and Siedah Banks 10 for USA. Nettles surpassed the 1,000-point mark ...

  • Why Mexico over traditional Florida?Why Mexico over traditional Florida? 1 Jan 2010 06:15 GMT
    ... person with a Spartan lifestyle and some savings idling unprofitably in U.S. stocks and/or banks. One of our Cape neighbors went shopping for a condo in Florida last winter. He returned somewhat deflated and said he gave up on the idea. ...

  • Late on Payments, Man Burns Rental Home 1 Jan 2010 06:14 GMT
    ... at 10:57 p.m. Last Modified: Thursday, December 31, 2009 at 10:57 p.m. A South Florida man having trouble making mortgage payments has been charged with torching a rental home. The Palm Beach County Sheriff's ...

  • How they did: People to watch in 2009 1 Jan 2010 00:47 GMT
    ... With unemployment, foreclosures and the banking crisis many are likely happy 2009 is ... former CEO, President and founder of Orion Banks, is the poster child for banking institutions ... first year as Naples representative in the Florida House. The latest story is from 2008. ...

  • Foreclosures in 2010? More of the same 1 Jan 2010 05:57 GMT
    ... unemployment to falling home values, will keep Florida residential foreclosure filings at elevated levels in ... proceedings in the third quarter, the Mortgage Bankers Association said. Just as many were at ... a home. Then there are fears that banks will unleash a “shadow inventory” of foreclosed ...

  • Paul Krugman: Good riddance to Big Zero 1 Jan 2010 08:56 GMT
    ... America, and 45 percent of mortgages in Florida, are underwater, with owners owing more than ... Even as the dot-com bubble deflated, credulous bankers and investors began inflating a new bubble ... of creative accounting, analysts and investors believed banks' claims about their own financial strength and ...

  • Business Highlights 1 Jan 2010 02:54 GMT
    ... 20 million-plus collect unemployment checks in '09 WASHINGTON (AP) ... it has pumped $29.3 million into 10 banks, which will be the last to receive ... Los Angeles, New York, Dallas and Orlando, Fla. A midnight Thursday deadline looms, and Fox has threatened ...

  • Tampa Bay real estate market took its medicine in 2009 1 Jan 2010 00:47 GMT
    ... active foreclosure lawsuits. Fifteen percent of local mortgage borrowers are late on payments. But the ... have signed up. The year ended with Florida's approval of mandatory mediation for homeowners who ... want to cut a deal with their banks before they lose their homes. The year began ...

  • Tampa Bay area home prices show worst decline 1 Jan 2010 04:30 GMT
    ... 7 percent from November 2008, according to Florida Realtors, the group formerly calling itself the ... of homeowners who owe more to the banks than their houses are worth. The positive trend ... is also buying up $1.25 trillion in mortgage-backed securities to help keep interest rates at ...

  • 2009... year in review 1 Jan 2010 05:34 GMT
    ... deal isn't reached between Georgia, Alabama and Florida. But at a mid-December meeting, Georgia Governor ... northeast Georgia during 2009 included retired Gainesville banker and economic development guru Ray McRae; longtime ... Effingham County - were killed on the banks of the Amicalola River and their bodies ...

  • Obama's Radical Rogues Gallery 1 Jan 2010 04:34 GMT
    ... the government guarantee 90% of all U.S. mortgages, imposing $5 trillion in off-budget debt on ... in Citigroup (one of the world's largest banks), would you have believed he could get ... Amendment. In this case the notoriously liberal Florida Supreme Court held that a receding shoreline ...

  • Glimmers of light on home prices 1 Jan 2010 04:32 GMT
    ... first-time home buyer's tax credit and low mortgage rates lured buyers who'd been dithering and ... the past three years-located in Arizona, California, Florida, Michigan, Minnesota and Nevada -- prices may ...


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