CHARLOTTE, N.C.–(BUSINESS WIRE)–Jul. 3, 2012– Bank of America Corporation today announced the Board of Directors has authorized dividends on preferred stock.
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Bank of America Declares Preferred Dividends
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Tag Archives: Weston Short sales
Weston Short Sales ::: Find A Weston Short Sale Expert!
A Weston short sale occurs when a lender agrees to receive less than the full loan balance due to a hardship on the part of the borrower. A Weston short sale is a negotiation done through the lender’s Loss mitigation department. The distressed homeowner hires a licensed REALTOR® to list, market and sell the property for its current market value, even if less than the outstanding balance of the loan. Since the lender is receiving less than what it is owned, a Weston short sale requires the lender’s approval before the sale can close.
A Weston short sale is executed to prevent a home foreclosure. Lenders will approve a well planned, well prepared, well presented Weston short sale in order to avoid the costs of a foreclosure that can reach tens of thousands of dollars.
The advantages that a successful Weston short sale brings to a Weston homeowner are too numerous to list here, but they include the end of the Weston foreclosure proceedings against the borrower, minimum impact on the credit history (compared to the devastating impact a Weston foreclosure would bring), ability to maintain current employment and obtain future employment. A Weston Short Sale is a complex, detailed and time consuming transaction and a distressed homeowner’s financial future solely depends on his/hers decision of hiring a Weston real estate professional who specializes in and is an expert on Weston Short Sales. Call Patty Da Silva, The Weston Short Sale Expert.
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Tablets and the next tech bubble
On the last day of the second quarter, the major indexes tracked global markets sharply higher today after a two-day summit in Brussels resulted in a plan to ease borrowing costs in Europe. The Dow rose 277 points, the Nasdaq gained 85, and the S&P 500 added 33. Twenty-nine of the Dow’s 30 components gained ground, with JPMorgan Chase (JPM) the sole laggard, slipping 0.42%. Volume was moderate, and advancers led decliners by about six to one on both the NYSE and the Nasdaq. The prices of Treasuries fell, while gold futures added 3.4% to $1,604.20 an ounce. Oil futures spiked 9.3% to $84.96 a barrel.
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How stable is cable? (podcast)
Video subscriptions to cable companies have stagnated. Yet, some cable companies have managed to deliver pleasant earnings surprises. And growth. That’s nice. How are they doing it, and what’s the opportunity for investors? Here to explain is Ann Miletti, managing director and lead portfolio manager with the Core Equity team at Wells Capital Management.
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Pushed toward a step in the right direction
Chief Portfolio Strategist Dr. Brian Jacobsen, CFA, CFP®, and Chief Equity Strategist John Manley share their thoughts on this week’s European Union summit.
Although details are lacking, which we should be used to by now with these summits, today’s news from Europe seems to be a step in the right direction. Instead of having the European Stability Mechanism (ESM) lend money to governments, who then would need to recapitalize their banks, the ESM is going to bypass the national governments and inject capital directly into the banks. This should help governments’ balance sheets from getting leveraged up as they attempt to bailout their overly leveraged banks.
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