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Finance, Economy & Government Issues Archive


Fed Makes Emergency 0.75% Rate Cut

RISMEDIA, Jan. 23, 2008-(NYTimes.com)-The Federal Reserve, responding to an international stock sell-off and fears about a possible United States recession, cut its benchmark interest rate by three-quarters of a percentage point on Tuesday. ...


MBA: Slow Economic Growth + Lower Levels of Mortgage Originations = 2008

RISMEDIA, Jan. 16, 2008-The Mortgage Bankers Association (MBA) projects that economic growth will continue to slow through the first half of 2008, but expects economic activity will begin to pick up in the second half of 2008 and resume trend-like growth toward the end of 2009. Total mortgage production will ...


Chase Promotes Terry Lindsey for Fast-Growing Correspondent Business

RISMEDIA, Jan. 16, 2008-Chase announced the promotion of Terry Lindsey to national sales manager of Correspondent Sales among key appointments that reflect the business's continuing growth. ...


Chase Expands Mortgage Office in Coral Gables

RISMEDIA, Jan. 8, 2008-Chase has announced the hiring of new area and sales managers for the expansion of its Coral Gables mortgage office. The office, which opened five years ago at 225 Alhambra Circle, is expanding to meet the growing needs of the area. ...


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