Student Loan Debt Is A Drag On Your Health – Yahoo News

Mob boss cuffed on racketeering charges | New York Post

Graduates with the greatest amounts of student debt $50,000 or more are less likely than debt-free grads to be thriving in terms of well-being, according to a new Gallup-Purdue Index released Thursday. The index is a joint effort between Purdue University and the Lumina Foundation to study the relationship between the college experience and graduates lives. It looked at Americans who graduated from college between 1990 and 2014. Related: ID Thieves Could Ruin a College Students Financial Future Gallup defines well-being as consisting of five elements: finding fulfillment in daily work and interactions; having strong social relationships and access to vital resources; feeling financially secure; being physically healthy; and taking part in a true community. Not surprisingly, the pollster found the starkest difference between graduates who sunk deepest into debt and those who didnt take on any debt at all in the areas of financial and physical well-being. More specifically, high financial debt of all kinds, including student debt, has been associated with higher blood pressure and poorer self-reported general and mental health in young adults, according to a Northwestern University study published a year ago. That study also found that people with high debt reported higher levels of perceived stress and higher depressive symptoms. Related: Why High Debt Could Mean Financial Stability However, Gallup noted that high student loan debt might not be the only reason for lower well-being. Other factors that often determine whether students take out loans for college and how much they borrow may be the same factors that influence graduates future well-being, it noted. These other factors include the familys household income, its socio-economic status, the type of school the student attended, the chosen field of study, and the students ability to get scholarships and financial aid.
Puedes ver la version sin traducir en http://news.yahoo.com/student-loan-debt-drag-health-174300588.html

Payday advances without the loan-sharking – CNN.com

Al Sharpton was arrested Thursday on racketeering charges involving loan sharking, extortion and illegal gambling. Daniel Pagano, 61, son of the late Genovese hit-man Joseph Pagano, was busted at his Ramapo, NY, home and arraigned before a Magistrate Judge Sarah Netburn in Manhattan federal court on racketeering conspiracy. An associate, Michael Palazzolo, 49, of Rockland, was also charged before Netburn on racketeering conspiracy and extortion conspiracy. Pagano faces a maximum of 20 years behind bars and Palazzolo 40 years. The alleged crimes took place between 2009 and February 2012. Palazzolo and several unnamed co-conspirators also used threats of force to collect payments from a person they believed robbed one of the co-conspirators of marijuana, the indictment says. Pagano has been reportedly linked to an unsuccessful mob attempt in the early 1980s to recruit Sharpton to distribute illegal drugs. The two were also once acquaintances. Sharpton, according to reports, was also once a mole with the FBIs Mafia unit when they were investigating Paganos father. Sharpton has denied being a snitch or any wrongdoing.
Puedes ver la version sin traducir en http://nypost.com/2014/08/07/mob-boss-cuffed-on-racketeering-charges/

The purchases are set to end in October. Home prices rose in June by the smallest year-over-year amount in 20 months, data released Tuesday showed, slowed by modest sales and more properties coming on the market. Data provider CoreLogic said prices rose 7.5 percent in June compared with 12 months earlier. That’s a solid gain but less than the 8.3 percent year-over-year increase in May and a recent year-to-year peak of 11.9 percent in February. To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week. The average doesn’t include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1 percent of the loan amount. The average fee for a 30-year mortgage was 0.7 point, up from 0.6 point last week. The fee for a 15-year mortgage declined to 0.6 point from 0.7 point last week. The average rate on a five-year adjustable-rate mortgage fell to 2.98 percent from 3.01 percent. The fee remained at 0.5 point.
Puedes ver la version sin traducir en http://www.startribune.com/business/270326281.html

The 22-Year-Old Entrepreneur Producing Reusable Sanitary Pads For Poor African Girls – Forbes

Barclay Paul Okari

I am the founder of Impact Africa Industries, a 3-year old company that manufactures affordable, reusable sanitary pads. Before now, I have been a founder of two other tech start-ups in Nairobi which had mixed success. I have a Bachelor of Commerce- Finance degree from the University of Nairobi. Barclay Paul Okari Your company produces reusable sanitary towels. How did you stumble on this of all other ideas? I started Impact Africa Industries in 2011. The idea was completely by default. I took a volunteering job in a girls school in rural Kenya and at the time I thought I the schools did not have enough teachers. When I got there I realized that pockets of girls kept missing school. On further inquiry, I learnt that the girls missed schools because they were on their periods and could not afford sanitary pads. I then wondered why there were no affordable pads in the market for this kind of population.
Puedes ver la version sin traducir en http://www.forbes.com/sites/mfonobongnsehe/2014/08/07/the-22-year-old-entrepreneur-producing-reusable-sanitary-pads-for-poor-african-girls/?ss=pharma

Robinho returns to Brazilian club Santos from AC Milan on season-long loan | FOX Sports

“As we move into this on-demand economy, your payroll should be the same way.” The Threat of Abuse Still, not everyone is as convinced. According to Adair Morse, assistant professor of finance at UC Berkeley’s Haas School of Business, ActiveHours is a smart idea that’s meeting a very real need for low cost alternatives to payday loans. And yet, she says, ActiveHours may be overly vulnerable to abuse. Although people are only borrowing money they’ve already earned, Morse says it’s still possible that when ActiveHours tries to withdraw money from a user’s account on payday, the money will already be gone. Then, there’s the fact that ActiveHours relies on donations, meaning it’s susceptible to what economists call the free rider problem. “People assume someone else is better able to step up and contribute,” she says. “This whole idea of donations sounds great, but we’re talking about people who are constrained. They don’t have savings. They have debt.” And, if the donation model doesn’t work, Morse points out, ActiveHours reserves the right to change its fee structure at any point.
Puedes ver la version sin traducir en http://edition.cnn.com/2014/08/07/tech/innovation/startup-offers-payday-advances/index.html?eref=edition

Average US rate on 30-year mortgage rises to 4.14 percent; 15-year loan at 3.27 percent | Star Tribune

The 30-year-old forward had been linked with a move to Major League Soccer, but instead heads back to the club where he began his career before moving to Real Madrid in 2005. He also had a spell there on loan from Manchester City in 2010 before joining Milan. “This is my home,” Robinho said on the Santos website. “It’s a place where I feel very good and where I came into the world of football. I hope to repay the affection of all the fans on the pitch. I want to put Santos back where they should be, at the very top of the table.” Robinho had an injury-hampered season in Milan last year as the Rossoneri stumbled to an eighth-placed finish. FOX Soccer’s Blog offers unique coverage of the world game. Join us. The 92-cap Brazil international is under contract with the Italian giants until June 2016 but had expressed his wish to leave the San Siro outfit this summer after four years at the club.
Puedes ver la version sin traducir en http://www.foxsports.com/soccer/story/robinho-returns-to-brazilian-club-santos-from-ac-milan-on-season-long-loan-080714

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Mortgage Loan Companies Skirting Federal Regulations | Sandusky Register

Pacific Rubiales Executives Said to Plan Share Purchase – Bloomberg

Assurant Inc. also declined to discuss its relationship with Nationstar. The insurer said it complies with the federal government’s new rules against affiliate commissions but “may pay commissions to unaffiliated agents in compliance with laws and regulations for work performed.” In court, however, Assurant and Nationstar have not defended their arrangements. Earlier this month, the companies reached a deal to settle a class-action lawsuit in the U.S. District Court for the Southern District of Florida that alleged Harwood exists solely to “funnel profits ” to Nationstar at borrowers’ expense. If Nationstars’ attempts to sell Harwood are successful, the deal would render the agency immune from bans on commissions much as a similar agency owned by the country’s largest subprime mortgage servicer already is. That servicer, Ocwen Financial Corp, oversees more than one-quarter of the country’s outstanding subprime loans, according to data from trade publication Inside Mortgage Finance. Last March, Ocwen sold off a force-placed insurance affiliate called Beltline Road Insurance Agency as part of an $86 million deal with Altisource, a company spun out Ocwen in 2008, led by former Ocwen executives and partially owned by Ocwen’s founder. The deal closed the same month that the Federal Housing Finance Agency formally proposed banning commissions and New York reached a legal accord with Assurant, OCwen’s principal force-placed insurer, banning payments to affiliates like Beltline. By selling the company to Altisource, however, Ocwen got cash upfront and handed the lucrative business of collecting commissions to Altisource, a company characterized in financial filings as a related party. In a statement to the Associated Press, Ocwen noted that it had only owned the insurance agency for a short period after acquiring it along with the assets of a smaller mortgage servicer.
Puedes ver la version sin traducir en http://www.sanduskyregister.com/article/5938701

Federal Home Loan Bank of Atlanta Declares a 3.73% Dividend for Second Quarter 2014 – Yahoo Finance

I dream about it every minute, and I think about it every moment, said Susan Tacherra, the director and head teacher. The preschool expects the mobile classroom to be delivered to the campus in mid-August and the school year will begin roughly a month later. The $30,000 bridge loan from a Bolinas donor was the only way we could have possibly moved on, Ms. Tacherra said. Were very thankful. The classroom will be installed on a three-year contract, the location slightly different than planned due to a French drain that butted too close to the original footprint to jive with county regulations. A playground will be developed in phases. The main thing we can all agree on is that all children deserve a great education and great care on a great site. The details will be worked out, Ms. Tacherra said. Once the classroom is installed and local toddlers are learning once again, the preschool will ramp up its fundraising efforts to repay their loans.
Puedes ver la version sin traducir en http://www.ptreyeslight.com/article/loan-moves-stinson-preschool-portable

Loan moves Stinson preschool into portable | The Point Reyes Light

The 22-year-old right-back has been linked with a host of Barclays Premier League clubs and decided to move across London for the 2014/15 campaign. Wenger signs new three-year contract Jenkinson, who joined the Gunners from Charlton in 2011 and earned his only England cap against Sweden 18 months later, becomes the Hammers’ sixth summer signing joining Mauro Zarate, Enner Valencia , Cheikhou Kouyate, Aaron Cresswell and Diego Poyet. “I’m clearly seen as a big part of things here and hopefully I can prove my worth here because it is an important year for me,” saidJenkinson. “I was flattered to have a lot of options but deep down, if I was being honest with myself, West Ham was always the place I wanted to go to. “It’s one of them where I wanted to do the right professional thing and consider all the options, but in the back of my mind it was always West Ham and I’m just so glad it’s all worked out how I wanted it to in the end. “It will be brilliant to play here. I’ve got a lot of friends who are West Ham fans and I know how good the supporters are here. “You get a great atmosphere here and the fans are great, so I just can’t wait to get a West Ham shirt on and get on the pitch and play.” Jenkinson, who played for Finland at Under-17, Under-19 and Under-21 level before switching to the Three Lions, was swayed by the Hammers’ ambition to progress. “To be honest, that was a big swing in this for me, seeing this club is going in the right direction,” he explained. “Obviously the (Olympic) stadium plans are only a couple of years away and that’s going to improve this club massively. We’ve signed six players and they are top players as well.
Puedes ver la version sin traducir en http://www.foxsports.com/soccer/story/arsenal-defender-jenkinson-joins-west-ham-on-season-long-loan-080114

I dont know if any other vice president has, but we are not grouped together for this. Alfas holding in Pacific Rubiales, Colombia s biggest oil producer after Ecopetrol SA, rose to 14 percent from about 10 percent when it disclosed the stake on May 20, according to Canada s System of Electronic Disclosure by Insiders or SEDI. While Alfa describes the share purchases as a financial investment, the San Pedro Garza Garcia, Mexico-based companys actions boost the chances of a takeover, according to Monex Casa de Bolsa. Pacific trades in Toronto and Bogota. Mexico Opportunities Alfa is already the largest shareholder in Pacific Rubiales after Lazard Ltd. (LAZ) , which has 19 percent, according to data compiled by Bloomberg. Capital Group Companies Inc. is the third largest with 11 percent, the data show. Pacific Rubiales, which has a $6 billion market value, is looking at opportunities in Mexico and hired Bank of America Corp. to review options for its midstream assets. The company, Latin America s largest non-state oil producer, hasnt been approached by a potential buyer, CEO Pantin said on May 13 during an investor event in New York .
Puedes ver la version sin traducir en http://www.bloomberg.com/news/2014-08-01/pacific-rubiales-executives-said-to-plan-share-purchase.html

Arsenal defender Jenkinson joins West Ham on season-long loan | FOX Sports

He said GM needed to make more models available as loaners for those whose cars are being recalled. As part of its small-car ignition switch recall, GM is offering free loaners to owners. But dealers have run short of cars for the program and have been forced to rely on rental car companies, which can loan out cars from competing brands. GM has issued more than 83,000 loaner cars since the recalls started in February. But CEO Mary Barra said last week that it had fixed about 550,000 of the small cars, so the need for loaners was waning. The automaker won’t say how many vehicles were purchased by dealers in June. After about two months, the loaners are resold as used cars because of the miles on them, but buyers get low-interest financing and other incentives offered to new-car buyers, said the dealers, most of whom asked not to be identified for fear of reprisals from the company. “There was a heavy push on an incentive program that increased sales,” one dealer said. “If they don’t have the volume they want, they’ll come out to the dealers.” GM’s U.S. sales rose 2.5 percent in the first half of the year, lagging the overall market’s 4.3 percent gain.
Puedes ver la version sin traducir en http://news.yahoo.com/gm-boosted-june-sales-discounts-dealers-060705433.html

GM boosted June sales with discounts to dealers – Yahoo News

A link has been sent. Done Federal Home Loan Bank of Atlanta Declares a 3.73% Dividend for Second Quarter 2014 Federal Home Loan Bank of Atlanta 1 hour ago 0 shares Content preferences Done ATLANTA, July 31, 2014 (GLOBE NEWSWIRE) — The Board of Directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) has approved a dividend at an annualized rate of 3.73 percent for the second quarter of 2014. “We are pleased that the Bank’s continued focus on shareholder success and consistent financial performance resulted in a strong second quarter,” said FHLBank Atlanta Chair of the Board of Directors, Donna C. Goodrich. The dividend rate is equal to average three-month LIBOR plus 3.50 percent for the period of April 1, 2014, to June 30, 2014. The dividend payout is applicable to capital stock held during the period of April 1, 2014, to June 30, 2014. The dividend will be credited to shareholders’ daily investment accounts at the close of business on August 5, 2014. If you have questions, please contact FHLBank Atlanta’s Funding Desk at 1.800.536.9650, ext. 8011. About FHLBank Atlanta FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities.
Puedes ver la version sin traducir en http://finance.yahoo.com/news/federal-home-loan-bank-atlanta-172326062.html