LendingTree Monthly Mortgage Rate Review
CHARLOTTE, N.C., April 9, 2012 /PRNewswire/ — According to the LendingTree Monthly Mortgage Review, average mortgage rates inched up in March, while more borrowers than ever took advantage of low Federal Housing Administration (FHA) loan rates. Even with the slightly higher rates experienced by the market in March, the average FHA 30-year fixed rate was just 3.85 percent, almost 50 basis points lower than the average rate for a 30-year fixed rate mortgage in the same time period.
However, because the FHA is currently adjusting its loan program guidelines and insurance premium structure, the cost of a loan for future FHA borrowers will likely increase. The burden is on potential borrowers to thoroughly vet their options to ensure they are taking advantage of the currently low rates before they rise.
Changing Guidelines Varies Rates for Consumers
The FHA recently announced that it will disqualify potential borrowers with credit disputes greater than $1,000. It also released changes to its insurance premium structure for homebuyers. Effective today, April 9, up-front insurance premiums will increase to 1.7 percent of the loan amount, up from 1 percent. Additionally, annual insurance costs for purchase loans, paid monthly, will rise .1 percentage points. The increase in annual insurance costs is even greater for loans above $625,500, making a .35 point jump.
In contrast, FHA refinances will see a dip in costs. Beginning in June, the FHA will lower its upfront and annual premiums for existing FHA borrowers, saving the average FHA borrower approximately $3,000 per year. FHA loan limits will remain unchanged.
Doug Lebda, chairman and CEO of LendingTree, says the key is for consumers to thoroughly research their own financial situation and explore all potential options before settling on a plan.
FHA Loans
“Borrowers who are in the market for either a purchase mortgage or refinance need to be proactive with their lenders and explore all available options,” says Lebda. “LendingTree has seen an approximate 12 percent increase in FHA loans year-over-year, as the program is attractive to qualified borrowers with lower down payments, particularly among first-time homebuyers. Taking these latest changes into consideration, choosing between conventional and FHA financing should be carefully considered. Paying additional private mortgage insurance (PMI) on a conventional loan with a low down payment may actually prove to be a better financial decision because of the upfront and annual premium increase. Borrowers should work with their lenders to analyze options and the associated costs to determine which loan may best fit their needs.”
Tracking the National Spread
LendingTree tracked the lowest, average and highest rates offered from more than 200 mortgage lenders on the LendingTree network for each loan program in March. In March, 2012, average mortgage rates offered by LendingTree network lenders were 4.34 percent (4.56% APR) for 30-year fixed mortgages, 3.53 percent (3.89% APR) for 15-year fixed mortgages and 3.07 percent (3.36% APR) for 5/1 adjustable rate mortgages (ARM).
Potential California First Time Buyers Should Follow This Advice
Helpful Advice for California First Time Home Buyers
It’s not every day that you’re going to invest your money in purchasing a property. So before you make a decision of such magnitude, you need to make sure that you’re fully informed. Buying a home in California for the first time is always risky, but the tips in this article can help you make the right decision.
When buying a home that needs fixing up, make sure the home is worth it. You do not want to spend too much money on a home that you cannot make a profit on. If a home is in very bad condition, it might pay to knock it down and start from scratch.
Prior to making any offer on a property, be sure to hire an inspector to look over every part of the home. Nothing is quite as disheartening as moving into a home and six months later finding out that the foundation is failing. Check the inspector’s credentials, performance history and references before settling on one to inspect your investment.
Before buying a home in California, set some parameters. Start searching online, look at virtual tours, and go through photographs and aerial shots of various neighborhoods and homes. Get an idea of the type of home and neighborhood you want to live in. By the time you see the real estate, you will know what you want.
Don’t become attached to your properties. Never be afraid to make an offer on a piece of real estate that grabs your interest. However, be careful to leave your emotions out of the process, this is because you could very easily end up spending more money than you intended on a particular property if you allow yourself to become attached.
When building a house, you should think of any unique features that you can add to it during construction. Anything you think of, that is creative, helpful or otherwise unique, can not only give you a house that you will love, but it will increase its value on the real estate market.
Get pre-approved for financing. A quality lender will pre-approve you for a mortgage loan amount prior to buying a property. The loan will give you a bigger picture of things. You will know ahead of time how much you can spend and what your monthly payments will be. In order to successfully complete the pre-approval process, you will need access to your bank information, tax forms and other documents. Ask you lender what you will need prior to applying for pre-approval.
Accept points in lieu of a higher interest rate. This means that you would pay more of your interest at closing, and you would receive a lower interest rate in return. Particularly if you are going to stay in a house for longer than three years, you will save more money by selecting the points.
A great way to make some money on the real estate market is to buy a relatively cheap home and “flip” it. Many people have made a good living from this. All you do is fix up the home a bit, increasing its value, and resell it to make a profit.
Unless you have a green thumb and really love gardening, you might want to stay away from a home that is over-landscaped. You would have to pay a premium to purchase that house and then it would take quite a bit of money in order to maintain it after you purchased it.
Get a home protection plan before you close on your property. Particularly if the residence is a little older, this plan will help in the event that an air conditioner, stove, oven or water heater breaks. It typically lasts for a year and covers most types of mechanical breakdowns.
The perfect home is out there somewhere. Utilize the many online sites and you will find that there are many more homes on the market than what you find in your local paper. With some time spent online looking through many different sites, you are sure to find the one that is perfect for you.
To make the best purchase decision when buying real estate you must consider what it will be like to live there for 10 or more years. Look at where the trend of the neighborhood is going and is the house laid out to hold a larger family if yours expands during that time.
Before you go house hunting, and after you have set up a budget for yourself, go to lenders and find the best mortgage. Doing this before finding a house will ensure that you will already be funded for the loan, and it will give you a better idea of the price range you should be looking for.
First-time buyers are advised to stay away from pre-construction property. While these properties make an excellent investment once you are established, there are generally a lot of very specific rules that you will encounter, and may not understand. Some of these rules concern how soon a property can be resold, and the penalty for selling before that time is up.
Don’t purchase a home with a garage unless you really need the garage. Homes with garages can cost thousands of dollars more than homes without them, and adding on a garage at a later date will save you upwards of 80% to scale. Besides, you can get auto tents for a few hundred dollars and really save some serious cash.
If you are not in any hurry to buy a home, check the paper for homes that are listed to go up for auction. One homeowner’s loss may be your gain. You can get a home for far less than market price by going through the home auction process.
Programs in California for First Time Buyers
If you are purchasing your first California home, chances are you will need a down payment, which can sometimes be the hardest part of the purchase. Financing this could range from selling off some of your personal assets or asking for help from parents, friends or other relatives. Of course, saving for this on your own for a few years is always a good option as well, or, if you haven’t owned a home in the past 3 years (the definition of a first time buyer in many states), you are considered a first time home buyer. This puts you at an advantage. There are several California first time home buyer programs available, from the county to the national level. Search your state to see what is available for you.
When purchasing your first home you should try to think about resale value when you are making a decision on where to live. Properties that are located near hospitals, schools, and downtown areas normally have the most amount of buyers interested in them and they sell much faster than other homes.
Start by purchasing a home of your own. If you are not already a homeowner, it is probably a good idea to purchase a home before you purchase an investment property. There are several reasons, but perhaps the most important is that you will learn the process of purchasing a property by actually buying one. It is not unusual for investors to turn their first home into their first investment property, because the property and the market become familiar entities.
When considering the purchase of your first home, look into a fixed-rate mortgage and payments that are affordable. With this fixed-rate mortgage, your budget will be set monthly with no surprises, such as n interest rate increase, rearing their ugly head if you had chosen an adjustable-rate mortgage. Also, keep your monthly payments in a comfortable range compatible with your monthly income.
California first time home buyer
Are you considering purchasing a second home? Purchasing a second home is not really much different than the processes taken in buying your first home. As with the first home, you will need to qualify for a home mortgage. If you plan on using the second home as a rental property, keep in mind that you may have to pay a mortgage rate that is slightly higher since the home is not for personal use.
Buying your first home can be a lot of fun. Just make sure the home will fit your needs now, and also your future needs. If you entertain a lot or plan to expand your family, you will need a bigger house. If you are concerned with privacy, you will want to find one that will give you that. Take the time to really decide what you are looking for.
Before you purchase a home, you should read the government housing and urban development websites to see if you qualify for any of their assistance. Remember FHA and other programs exist to let people like you purchase their first home. Even if you don’t qualify, you may be able to help your friends.
Before you purchase your first home anywhere in California, determine if you are ready to be a homeowner. If you are not planning on staying in the same area for at least the next three to five years, buying a home is not the right choice. Also be sure you are willing to accept the reality of the home you can afford, rather than the one you want.
If you are looking for ways to come up with a down payment for your first home purchase, you can consider borrowing against your retirement accounts. You can take out up to $10,000, penalty free, from your IRA to use towards your purchase if you are a first-time home buyer.
Purchasing your first home is a wonderful life lesson. It will teach you the cost of home ownership and help you learn about maintaining your property. You will also build a network of people that can really help with investing. Your first home is an investment that should not be taken lightly.
Remember, investing in property isn’t something that you’re going to do every day. Make sure that you’re always taking your time to make the best decision possible. Real estate costs a lot of money, so use the tips you learned in this article to be sure that you’re spending it wisely.
A Spotlight On Postion Marketing Group Methods
Position Marketing Group, an Adaptive Marketing Agency, publicizes a brand new set of features for their own Interactive Secured Advertising Technology (ISAT) Banners. The use of Social Media, both as a promotional channel and as a recommendation source, has grow to be a new aspect meant for ISAT Banners. Additionally, PMG’s personalized QR Code generator has been adapted for creating millions of QR Codes for use within ISAT banners.
“Social Media and Mobile Media are two areas where our clients would like to expand their messaging,” says Scott Madlener, President of PMG. “Our dynamic content banners are prefect for creating personalized QR Codes and for integrating two-way Social Media opportunities.”
Position Marketing Group focuses on the life-event of people moving. Also known as “Consumer Movers” and “Consumers in Transition,” this life-event provides advertisers with the single strongest selling opportunity to reach consumers with relevant products and services. PMG brings together targeted media with Direct Response solutions via our Interactive Secured Advertising Technology, allowing our advertising partners to better engage their audience at a time of need.
Working with online publishers, brands and brand agencies, PMG’s seasoned interactive experts provide detailed campaign strategy, traffic support and analysis. PMG’s exclusive Real Estate Media Group consists of the top publishers for Consumer Movers, Foreclosures and First Time Home Buyers. We serve as agency of record (AOR) or Strategic Partner with leading publishers, including RealtyTrac, HomeFinder, Movoto, ZipRealty and many others. These relationships give PMG rate card savings and inventory access not available anywhere else.
Derek Bates, CEO of PMG states, “The PMG Adaptive Marketing Practice allows us the ability to create consumer ‘experiences’ instead of campaigns, with media strategies to reach individuals instead of segmented audiences. As a result, our ISAT Banners typically out perform traditional rich media by 7-10 times.”
Position Marketing Group is an adaptive marketing and interactive advertising agency targeting the home buyer audience and consumer home products marketplace. PMG partners with top real estate websites as well as hyper-local and niche ‘move’ publishers such as newspapers and realtor websites. These partnerships allow PMG the ability to offer exceptional and less pricey efforts to their agency and brand clients.
iPhone App for Medical Services Explained
GeoBlue, a frontrunner and innovator serving the healthcare needs of expatriates and global travelers, reported today that it has unveiled the 1st iPhone application for locating and paying for high quality healthcare services all over the world. GeoBlue Mobile is already obtainable in the i-tunes Application Store for downloading it onto iPhones, iPads as well as iPod touches. From the palm of their hands, GeoBlue insurance members conveniently utilize the down-loadable app to:
* Review detailed profiles of carefully selected English-speaking physicians and dentists in 180 countries
* Contact GeoBlue’s concierge service to request an appointment with a specific doctor or within a medical specialty
* Plug into iPhone’s mapping and GPS functionality to find the shortest route to convenient care
* Present a digital identification card directly to doctors and hospitals as confirmation of their eligibility for benefits.
GeoBlue Mobile also maps and profiles notable hospitals and pharmacies and provides brand name equivalents for over 350 prescription and over-the-counter medications. To help users describe and understand symptoms, diagnoses and treatment plans, GeoBlue Mobile has built-in translation tools with audio allowing users to play hundreds of key medical terms and phrases in the world’s most widely spoken languages.
Requiring no Internet connection when taken abroad, GeoBlue Mobile is exceptionally fast and easy to use with convenient functionality to save favorites or recall recent searches. With an Internet connection, travelers can also go directly from the app to the Blue National Doctor and Hospital Finder mobile web site to find providers inside the U.S. GeoBlue Mobile was developed and is maintained by HTH Worldwide, the global leader in mobile technology for destination health services.
“Today GeoBlue sets a new industry standard for member convenience and value with the deployment of the global downloadable application,” said Angelo Masciantonio, Chief Executive Officer of GeoBlue. “No other international health plan can place access to a world of quality health care literally in its members’ hands.”
About GeoBlue
GeoBlue is the trade name for the international health insurance programs of Worldwide Insurance Services, an independent licensee of the Blue Cross Blue Shield Association. Setting the industry standard, GeoBlue’s mission is to provide peace of mind to long- and short-term global travelers by offering competitive insurance protection and technology-powered assistance, including an elite community of thousands of carefully selected, contracted doctors and hospitals in almost every country in the world as well as its signature destination databases, mobile tools and concierge-level services. The scope of GeoBlue’s services and technology creates a complete, reliable, convenient way to keep international travelers and expats healthy and productive.
Deciding on Clear-Cut Systems Of Rising Teen Driver Deaths
A report revealed just recently by means of the Governors Highway Safety Association (GHSA) explains that the amount of 16- and 17-year-old driver deaths in passenger vehicles increased slightly for the first six months of 2011, based on preliminary data supplied by all 50 states and the District of Columbia. Overall, 16- and 17-year-old driver deaths increased from 190 to 211 – an 11 percent increase. If the trend continued for the second half of 2011, it will mark the end of eight straight years of collective reductions in fatalities with this age bracket.
The new report – the first state-by-state look at teen fatalities in 2011 – was completed by Dr. Allan Williams, a researcher who formerly served as chief scientist at the Insurance Institute for Highway Safety. Dr. Williams surveyed GHSA members, who reported fatality numbers for every state and D.C. The report comes as the National Highway Traffic Safety Administration (NHTSA) has released a statistical projection suggesting that total motor vehicle deaths for the first six months of 2011 declined 0.9 percent.
Deaths of 16-year-old drivers increased from 80 to 93 (16 percent) while the number for 17-year-olds went from 110 to 118 (7 percent), a cumulative increase of 11 percent. Twenty-three states reported increases, 19 had decreases, and eight states and the District of Columbia reported no change. While the changes in state-by-state fatality numbers generally are small, states such as Florida, Texas and North Carolina reported significant increases.
Dr. Williams attributes much of the increase to the fact that the benefit of state Graduated Driver Licensing (GDL) laws may be leveling off, as most of these laws have been in place for some time. Additionally, Dr. Williams speculates that improving economic conditions are contributing to an increase in teen driving, thus increasing their exposure to risk of traffic collisions. Dr. Williams notes, “While it is not a surprise that these numbers are stabilizing or slightly increasing, states should not accept these deaths as something that cannot be prevented. More work can and should be done to save teen lives.”
Troy E. Costales, Chairman of GHSA, pointed out, “While it is good news that overall deaths appear to have declined during the first six months of 2011, we are concerned that the trend with teens is going in the opposite direction,” He continued, “As the report notes, a widespread strengthening of laws is still possible and finding effective tools outside of GDL is an important goal. These include improving driver education and involving parents in proactively establishing safe driving habits for their teens.”
Chairman Costales acknowledged, “As the parent of a young driver and a soon-to-be-driver, I know firsthand the pressures parents face in allowing their teens behind the wheel. As parents, we must set and enforce strict rules for our new drivers, making sure risks are minimized. This includes limiting other teens in the car, limiting nighttime driving and absolutely prohibiting any type of cell phone or electronic device use while driving.”
Barbara Harsha, Executive Director of GHSA, said states could use federal support to save more teen lives. “As part of the upcoming highway reauthorization bill, Congress should provide financial incentives to states that have strengthened or will strengthen teen driving laws. Additionally, Congress should provide adequate funding so that NHTSA can research and support demonstration projects to determine the most effective ways to increase teen seat belt use and compliance with GDL laws. Congress also should fund NHTSA and the states to carry out distracted driving campaigns aimed at teen drivers,” Harsha added, “Research also needs to be done to determine the impact of changing school start times so that teens are less likely to be driving fatigued.”
The full report, including state-by-state data, is available online at www.ghsa.org.
The Governors Highway Safety Association (GHSA) is a nonprofit association representing the highway safety offices of states, territories, the District of Columbia and Puerto Rico. GHSA provides leadership and representation for the states and territories to improve traffic safety, influence national policy, enhance program management and promote best practices. Its members are appointed by their Governors to administer federal and state highway safety funds and implement state highway safety plans.
The Options For Swift Solutions For Windsor Advantage Company Growth
Windsor Advantage, LLC, a leading lender service provider to banks participating in Small Business Administration (SBA) loan programs, has achieved real success in 2011, by not only increasing profitability but also by creating or preserving more than 2,000 jobs and by assisting its bank clients in providing SBA loans to nearly 100 small businesses across the country.
Shawn Andrews, Managing Director of Windsor stated, “The SBA enables banks to offer borrowers the loans they need to increase productivity, hire employees and benefit their local communities. This partnership with the SBA will ultimately provide the foundation for the next generation of entrepreneurs and innovation in the US. We at Windsor are proud to be part of the solution by allowing our bank clients to participate profitability in this great program.”
In 2011, Windsor Advantage achieved its best year to date, generating over 84 million dollars in successfully completed transactions. This achievement is built on 150 years of collective experience working with SBA small business lending programs and a commitment to industry compliance as evidenced by Windsor’s recent SOC 1 Type 2 certification. From offices in Chicago, Los Angeles, Boston, Charlotte, Kansas City and the corporate headquarters in Indianapolis, the Windsor Advantage team is poised to become the nation’s preeminent SBA lender service provider.
To meet the demands of its growing business, Windsor Advantage made a significant investment in human capital, hiring five new professional staff members last year. Windsor’s internal success in 2011 also resulted in meaningful growth for the United States economy. In partnership with its bank clients, Windsor helped to create or preserve over two thousand US jobs. Windsor has also played a pivotal role in the growth of the nearly 100 US small businesses represented in the loans closed and serviced by the company on behalf of its bank clients.
The responsible and real growth of Windsor Advantage in 2011 is a significant achievement that is made more significant by the company’s success in job creation and preservation and in facilitating the flow of invaluable financial support to small businesses across the country. This is what makes Windsor Advantage a progressive industry leader.
Windsor Advantage provides a comprehensive outsourced SBA department solution to banks across the country. Services include application packaging, loans closing and compliance, secondary market sales, loan servicing and regulatory exam support. Windsor also provides continuing training and technical assistance to banks at no cost. With more than 150 years of collective SBA lending experience, cutting edge systems and rigid controls, Windsor Advantage is uniquely qualified to support its clients to develop and execute a thoughtful and profitable SBA 7(a) loan program.
Finding Quick Systems Of Former Top DOJ Lawyer
Bass, Berry & Sims PLC is delighted to be able to declare the addition of John Kelly, a former top U.S. Department of Justice official, as a partner in the firm’s Compliance and Government Investigations Practice.
Mr. Kelly will become the managing business partner of the company’s brand new Washington, D.C. office. He has extensive experience with complex federal and state investigations and Litigation matters related to healthcare fraud and abuse, the False Claims Act, white collar crime, the Foreign Corrupt Practices Act, and regulatory and compliance issues.
Mr. Kelly joins Bass Berry following having a recognized record of service as a criminal law attorney with the Department of Justice, and subsequently as a partner at Fulbright & Jaworski LLP. During his tenure at DOJ, Mr. Kelly supervised investigations and prosecutions in a broad range of healthcare fraud actions nationwide, including criminal law violations of the Anti-Kickback Statute, the False Claims Act, wire and insurance fraud, and anti-money laundering. He served in several prestigious positions including Assistant Chief for Health Care Fraud of the Criminal Division’s Fraud Section, and he led the Los Angeles Medicare Fraud Strike Force. He also served as Chief of Staff and Deputy Director of the Executive Office for U.S. Attorneys, where he worked closely with senior leadership within the 94 U.S. Attorneys’ Offices, the Department of Justice, and various federal agencies including HHS-OIG, FBI, and DEA.
“With increasingly significant regulatory and enforcement activity having such direct impact on our clients and the healthcare industry, we saw no better time than now to establish a presence in Washington, DC,” said Keith Simmons, Managing Partner of Bass, Berry & Sims PLC. “We are most fortunate to have John at the helm. He is deservedly regarded as one of the most capable healthcare fraud enforcement and compliance lawyers in the profession.
“The best way to build a practice in Washington is by recruiting the best lawyers in Washington, those who are firmly established and recognized in the marketplace,” added Mr. Simmons. “John brings an insider’s knowledge of the Beltway that will have a direct and beneficial impact on our clients who are so directly affected by legislative and regulatory decisions made at the federal level.”
“It is an honor to now be a part of this prestigious law firm,” said Kelly. “I particularly welcome the opportunity to build on Bass, Berry & Sims’ stellar client base and grow its Compliance and Government Investigations Practice here in Washington.”
About Bass, Berry & Sims
Starting from a prosperous heritage within capital markets activity in the southeast, the firm’s more than 200 attorneys now represent more than 40 public companies and have developed a national healthcare practice from Nashville, the hub of for-profit healthcare. Bass, Berry & Sims has distinguished itself for service to healthcare clients at every level, including service to hospitals, health systems, pharmaceutical companies and outpatient service providers. The healthcare practice, which includes an interdisciplinary team of more than 100 attorneys, provides unsurpassed depth in government investigations and enforcement, compliance, regulatory and operational matters, mergers and acquisitions, and joint ventures and syndications.
No-Hassle Solar Contracts Webinar Series Systems – An Intro
Sol Systems, LLC and Cooley LLP are happy to announce a webinar series on bankable solar contracts for solar installers, developers and investors. Each webinar in the series will lead participants through key terms and issues of a different contract and will provide an opportunity for Q&A. The webinars will be hosted by Sol Systems’ CEO, Yuri Horwitz, Cooley Clean Energy and Technologies group attorneys and guest panelists.
The webinar series is a complement to the strategic collaboration announced by Sol Systems and Cooley last fall. Through this collaboration, Cooley developed a suite of legal e-documents and tailored consulting services for Sol Systems’ SolMarket users. SolMarket is a transaction-driven community that facilitates solar project origination and investment and currently has more than $1.7 billion in aggregate partnership funds. Members of the SolMarket community have access to this network of business funding as well as transaction and financial resources. SolMarket members can view and utilize Cooley’s form legal templates as well as request direct consultations with Cooley attorneys.
“The Cooley collaboration and our suite of legal templates are critical to our overarching goal of driving efficiencies and uniformity into the solar space,” explained Horwitz. “Cooley and Sol Systems are focused on connecting a fragmented solar industry and helping solar companies operate more efficiently.”
“This collaboration with Sol Systems is part of Cooley’s deep commitment to the innovative delivery of legal services and business insight in the clean energy and technology space,” said Cooley Partner Tom Amis, co-chair of the firm’s Clean Energy and Technologies practice. “SolMarket is rapidly becoming a go-to resource for some of the most exciting and ambitious players in the solar and clean energy space, from across the United States and further afield.”
Webinar Series Schedule
* Wednesday, February 15, 2012 at 12:30 pm EDT: Engineering, Procurement and Construction (EPC) Agreements Register
* Wednesday, February 29 at 12:30 pm EDT: Power Purchase Agreements (PPAs) Register
* Wednesday, March 14 at 12:30 pm EDT: Securing Site Control Register
* Wednesday, March 28 at 12:30 pm EDT: Developing a Solar Lease Register
Questions regarding the webinars should be directed to info@solmarket.com and interested participants can sign up by visiting solmarket.com/events.
About Cooley LLP
Cooley’s 650 attorneys located throughout the U.S. and in China have an entrepreneurial spirit and deep, substantive experience, and are committed to solving clients’ most challenging legal matters. From small business with big ideas to international enterprises with diverse legal needs, Cooley has the breadth of legal resources to enable companies of all sizes to seize opportunities in today’s global marketplace. The firm represents clients across a broad array of dynamic industry sectors, including technology, life sciences, venture capital, clean energy, real estate and retail.
Cooley Clean Energy and Technologies group attorneys have been singularly focused on the renewable energy sector for over a decade. Cooley’s comprehensive strength throughout the clean energy value chain, from emerging cleantech startups to utility and refinery scale deployment, is unique among law firms and provides a compelling value proposition for our clients.
About SolMarket
SolMarket is a transaction-driven ecosystem for the solar industry that catalyzes investment in solar energy by transforming how solar projects are financed. SolMarket provides investors and developers with the tools they need to efficiently originate, evaluate, finance, and construct renewable energy projects. SolMarket has over $1.7 billion in committed partnership funds seeking qualified solar projects and hundreds of users from the solar community. SolMarket is a wholly owned subsidiary of Sol Systems.
About Sol Systems
Sol Systems, LLC is a Washington D.C. based solar finance firm, and the largest solar renewable energy credit (SREC) aggregator in the nation. Through its SREC offerings, it has promoted the development of the solar market by providing long-term business financing options for SRECs, facilitating over $100 million in solar development.
Picking Real-World Solutions Of ATF Reward for Information
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is providing a reward of up to $2,500 for info resulting in the public arrest and conviction of the individual or maybe persons accountable with regard to the Jan. 23, 2012, break-in and attempted arson of the Tipsy Toad Tavern, located at 609 W. Western Ave., in Muskegon.
In addition to the ATF reward, the Muskegon Police Department is offering an additional $500 for information leading to the arrest and conviction of the individual responsible for the break-in and attempted arson.
“Arson can have a devastating effect on our community. We need the public’s help to solve this crime,” asserted David McCain, special agent in charge of the ATF Detroit Field Division. “ATF and the Muskegon Police Department will continue working together toward our goal of a successful prosecution in the investigation.”
ATF and the Muskegon Police Department are seeking the public’s assistance in identifying the individuals responsible. Anyone who may have noticed a drunk driver on January 23, or with any information is encouraged to call the Muskegon Police Department at 231/724-6750 or Silent Observer at 231/72CRIME (231/722-7463). People might additionally telephone the ATF Grand Rapids Field Office at 616/301-6100 or ATF at 1-888-ATF-FIRE (1-888-283-3473).
Speedy Products In SBA Working Capital Disaster Loans For 2012
The U.S. Small Business Administration is reminding small businesses that Mar. 8 will be the submitting deadline regarding federal government economic injury disaster loans available in Appling, Candler, Emanuel, Evans, Liberty, Long, Tattnall, Toombs and Wayne counties in Georgia. The SBA declared a disaster because of excessive rain, high winds and a hail storm on March 26 – 28, 2011.
“When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to eligible entities affected by the same disaster,” announced Frank Skaggs, director of SBA’s Field Operations Center East.
Under this declaration, the SBA‘s Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers.
The small business funding can be up to $2 million with a 4 percent interest rate for eligible small businesses and 3 percent for non-profit organizations with terms up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. small business loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These SBA working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.
Disaster loan information and application forms may be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@sba.gov. Loan applications can be downloaded from the SBA’s website at www.sba.gov.