EIN News: Florida Banking News http://www.einnews.com/florida/newsfeed-florida-bankingConstantly updated news and information about world affairs. Countrywide to Set Aside $8.4 Billion in Loan Aid http://www.einnews.com/news.php?wid=191666215 6 Oct 2008 12:37 GMT ... comprehensive, mandatory loan workout program since the mortgage crisis began last year. Congress has proposed ... states in the settlement are Arizona, Connecticut, Florida, Iowa, Michigan, North Carolina, Ohio, Texas and ... Specialty-sports retail chain Sun & Ski Sports has thrived by not attempting to be all things to all people http://www.einnews.com/news.php?wid=191665445 6 Oct 2008 12:32 GMT ... Houston, San Antonio, Dallas and Austin areas; Florida, Georgia, North Carolina, Oklahoma, Ohio and Tennessee. ... Boston-based , which handles Sun & Ski’s banking. “The three of them are all partners ... Retail development continues, albeit cautiously, http://www.einnews.com/news.php?wid=191665443 6 Oct 2008 12:32 GMT ... mid-2009 completion. A nationwide credit crunch caused banks to demand that developers pre-lease a certain ... the International Council of Shopping Centers’ 2008 Florida Retail Report. “It seems like a shock ... Sacramento way down the list in bizjournals' look at top 100 cities http://www.einnews.com/news.php?wid=191665113 6 Oct 2008 12:30 GMT ... troubled times. And the rejection of a banking industry bailout bill that prompted a 777-point ... other high-growth states such as California and Florida. A bizjournals study in March identified Houston ... Worst labor markets 100. Detroit 99. Bradenton-Sarasota, Fla. 98. Providence, R.I. 97. Toledo, Ohio 96. ... Buffalo-area job growth defies national trend http://www.einnews.com/news.php?wid=191665097 6 Oct 2008 12:30 GMT ... bubbles deflated during the past year. Bradenton-Sarasota, Fla., Los Angeles, Riverside-San Bernardino, Calif., Sacramento and ... also has been able to avoid the mortgage bubble that burst with devastating impact in ... other high-growth states such as California and Florida. A Bizjournals.com study in March identified Houston ... Citigroup and Wells Fargo open talks http://www.einnews.com/news.php?wid=191664753 6 Oct 2008 12:01 GMT ... between Citi, which bid $2.2bn for Wachovias banking operations last Tuesday, and Wells Fargo, which ... be interested in Wachovias branches in California, Florida and the U.S. east coast but it ... Selling out gets tougher for business owners http://www.einnews.com/news.php?wid=191664318 6 Oct 2008 11:56 GMT ... credit crunch are making selling companies harder. Florida is on pace to experience a double-digit ... in commercial real estate, as a broker, mortgage broker and investor. But with no signs ... loan to buy Gennaro's, Romero says. Some banks wanted him to put down 40 percent ... Countrywide mortgage pact may be worth $3.5 billion to California loan holders http://www.einnews.com/news.php?wid=191664233 6 Oct 2008 11:37 GMT ... or principal. Bank of America said Countrywide mortgage-servicing employees would be trained to carry out ... nine states as of Sunday, including California, Florida and Texas, where Countrywide wrote the most ... BofA in $8.6 billion deal over Countrywide loans: report http://www.einnews.com/news.php?wid=191663973 6 Oct 2008 11:34 GMT ... as well as those with option adjustable-rate mortgages that are serviced by Countrywide, the paper ... Countrywide, the spokesman told the paper. California, Florida and Illinois, where Countrywide has faced civil ... U.S. bank failures almost certain to... http://www.einnews.com/news.php?wid=191663933 6 Oct 2008 11:34 GMT ... With more super-sized banks in business, fewer failures could still dump ... helping to negotiate the sale of Wachovia's banking operations to Citigroup Inc. in a complex ... numbers of troubled banks are in California, Florida, Georgia, Illinois and Minnesota. "It's important for ... Hurricane fund crisis could put homeowners at risk http://www.einnews.com/news.php?wid=191663476 6 Oct 2008 11:32 GMT ... bonds. For the past year, as inflated mortgages undermined the nation's credit markets, that would ... meeting last week. "It is closed." If Florida is unable to borrow after a major ... Economic Unrest Shifts Electoral Battlegrounds http://www.einnews.com/news.php?wid=191663463 6 Oct 2008 11:32 GMT ... In Nevada, advertisements are geared toward the mortgage crisis in a state that has one ... the economy showing pictures of shuttered banks, for example, could create more worry ... Street downturn was hurting Mr. McCain in Florida where the mortgage crisis has been ... New Jersey man flying high http://www.einnews.com/news.php?wid=191663208 6 Oct 2008 11:27 GMT ... job is not without perks. There's no mortgage, no rent and no lawn. In addition, ... Another crew member, Al Williams of Tampa, Fla., said he took the job 12 years ... The week: Stories and photos from Sept. 28-Oct. 4 http://www.einnews.com/news.php?wid=191662598 6 Oct 2008 11:12 GMT ... dropping for an additional two years, PMI Mortgage Insurance Co. said last week. PMI said ... projected price drops. Communities in California and Florida topped the list of areas facing price ... What was then economic calamity is today a history lesson http://www.einnews.com/news.php?wid=191662441 6 Oct 2008 11:12 GMT ... street corners, shantytowns sheltering the unemployed, small-town banks with darkened windows. Today's financial crisis is ... unemployment reaching 25 percent in 1933. The banking system went into convulsions. About 9,000 banks ... evident in real estate, most notably in Florida. It was cheap to borrow, and investors ...