Small Business News You Can Use (3/7)

Scarcity of strong loan applicants shifts bargaining power to qualified borrowers

A litany of factors play into whether a small business is considered a “highly qualified” loan candidate, and each bank weighs those factors differently. But if you meet a lender’s test, you may hold the upper hand at the negotiating table given the current scarcity of such borrowers. More...


Obama offers lower mortgage fees to 3 mln homeowners

An election-year bid to shore up the shaky housing market

WASHINGTON — Up to three million U.S. homeowners could save around $1000 a year through cheaper government-backed mortgages unveiled by the White House on Tuesday in an election year move to help the shaky housing market. More...


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Huge Spike in Repeat Foreclosures

The pig in the python is suddenly moving.

Thousands of foreclosures that were stuck in process due to delays over the so-called "Robo-signing" paperwork scandal are working their way through a revamped banking system and heading toward final bank repossession.More...


3 Things to Remember When Filing Taxes for the First Time

It’s your first year outside Corporate America and, in addition to attending to your mile-long to-do list, your taxes need to be filed. Dread not. Tax time doesn’t need to be painful, especially if you remember to do the following. More...


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