Posts Tagged “Insistence”

News Sources wrote an interesting post today on
Here’s a quick excerpt
Beach resident, activist, professional photographer and prolific city e-mailer Art Seitz has finally been appointed to an official city board. Commissioner Charlotte Rodstrom put him on the Beach Redevelopment Advisory Board.In this photo, courtesy of Art Seitz, the city’s Aquatic Complex is at the bottom, and above it is the Bahia Mar peninsula, on the Intracoastal Waterway in Fort Lauderdale.Seitz shook up the meeting this week with his insistence on talking about the proposed Bahia Mar red

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News Sources wrote an interesting post today on
Here’s a quick excerpt
Earlier today, ten of the nation’s largest banks received permission from the Treasury to repay a fraction of the amounts loaned out. I know, it’s kind of bizarre. Permission to pay back a loan early? You’d think the feds would be thrilled. Here’s the scoop. While some of the banks were begging for funds, others were forced to take the funds at the insistence of the Bush administration in an attempt to stabilize the financial system. The idea was that forcing banks to take the money woul

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News Sources wrote an interesting post today on
Here’s a quick excerpt
Times: Lenders need more bottle on deposits The insistence by lenders on reserving the best mortgage deals for those with large deposits is holding back the recovery in activity in the housing market. Everybody knows the plight of first-time buyers. The latest figures from the CML shows mortgages to FTBs averaged 75% loan-to-value ratio in March, down from 89% last year. Without a deposit equivalent to a quarter of a property’s value — a year’s salary or more — they are locked out. There are

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