Latest Va Loans news:

State to give loans for teachers to pay retirement buy-in
CHARLESTON, W.Va. -- Teachers who opt to switch back into the Teachers Retirement System from the Teachers Defined Contribution Plan will have the opportunity to take out a loan to help cover their buy-in costs.The law requires the state to offer the loan
Read more News Source - Charleston Daily Mail
Publish date - 15:01:58 07/17/08

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In this economy, failure is an option
Investors are pushing institutions to the limits to assess risk. The U.S. economy appears to be caught in a cycle of recurrent panic attacks. So many things have gone wrong, and so much anxiety has accumulated in the financial system, that nothing seems safe.
Read more News Source - Los Angeles Times
Publish date - 07:31:14 07/20/08

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Beware of that phone call (5:09pm)
Chesterfield County, VA--On Thursday, July 17, 2008, Chesterfield Federal Credit Union discovered that phishing phone calls had been randomly sent attempting to fraudulently gather credit card information from its members.
Read more News Source - CBS 6 Richmond
Publish date - 21:17:47 07/18/08

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GI Bill 'update' doubles tuition benefits
MONTPELIER -- Despite billions spent on the wars in Iraq and Afghanistan, veterans have come back to a welcome that, in terms of college tuition assistance at least, has not kept up with inflation. ... - By LOUIS PORTER Vermont Press Bureau
Read more News Source - The Barre Montpelier Times Argus
Publish date - 07:14:14 07/20/08

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Pearlstein: The Economic Crisis
Washington Post columnist Steven Pearlstein was online Friday, July 18 at 11:00 a.m. ET to discuss oil prices, the Fannie and Freddie rescue and the unfolding financial crisis.
Read more News Source - Washington Post
Publish date - 06:12:30 07/20/08

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Gateway Financial Holdings Reports 2nd Quarter 2008 Results and Results for the Six Months Ended June 30, 2008
VIRGINIA BEACH, Va., July 18, 2008 -- Gateway Financial Holdings, Inc. , the holding company for Gateway Bank & Trust Co., reported net income for the second quarter of 2008 of $2.0 million, which was in line with the $2.0 million for the prior year second quarter.
Read more News Source - PrimeNewswire via Yahoo! Finance
Publish date - 11:02:36 07/18/08

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Eastern Virginia Bankshares Announces Earnings, Declares Dividend
TAPPAHANNOCK, Va.----Eastern Virginia Bankshares today reported second quarter and six month earnings and announced a dividend declaration.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 13:01:31 07/18/08

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July 19, 2008
WASHINGTON - The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs.
Read more News Source - The Virginia Gazette
Publish date - 19:05:04 07/19/08

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Lawmaker: Extend mortgage protection for vets - Navy News, opinions, editorials, news from Iraq, photos, reports - ...
Two projects aimee at protecting veterans with adjustable rate mortgages and adjustable hybrid rate mortgages could be extended past the end of this year if Rep. Ginny Brown-Waite, R-Fla., moves her legislation forward.
Read more News Source - Navy Times
Publish date - 11:37:15 07/19/08

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Business Briefing: July 19, 2008
FREDDIE MAC REGISTERS TO SELL MORE SHARES
Read more News Source - The Morning Call
Publish date - 10:04:40 07/19/08

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Stonewall Jackson loans raise a fuss
MONTGOMERY - A three-member board that runs a state program created to honor the memory of Confederate Lt. Gen. Thomas "Stonewall" Jackson has awarded 53 interest-free loans for college of $1,000 each with little fanfare since October 1989.
Read more News Source - Birmingham News
Publish date - 08:21:39 07/15/08

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Color of Money Live
Need advice about how to handle your personal finances? Whether the struggle is saving for retirement, organizing your bank files, or talking about money responsibility with your spouse or loved one, Post personal finance columnist Michelle Singletary offers her advice and answers your tough questions.
Read more News Source - Washington Post
Publish date - 09:20:43 07/19/08

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Business briefs: July 19
NEW YORK - Wall Street closed out an impressive week with a mixed performance Friday after disappointing high-tech earnings punctured some of investors' enthusiasm over better-than-expected bank earnings reports.
Read more News Source - Knoxville News Sentinel
Publish date - 04:12:13 07/19/08

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The Root: Homewreckers
"More than half of all black borrowers who got refinance mortgages in 2006 were sold subprime products. According to a recent study, black and Latino borrowers will collectively lose an estimated $164 billion to $213 billion in the wave of foreclosures that have followed that lending; we'll have absorbed about half the nation's overall foreclosure loss.
Read more News Source - Washington Post
Publish date - 23:23:53 07/19/08

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Weak credit raises bills, threatens jobs and more
Most people understand that low credit scores will translate into higher mortgage and credit-card interest rates. But few realize there are plenty of other insidious ways that low scores can add to a person's payment costs.
Read more News Source - Miami Herald
Publish date - 20:15:08 07/18/08

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