NuWire Investor: Latest News

Crowdsource Funding Legislation in Motion

Sheppard Mullin Richter & Hampton LLP — Fri, 03 Feb 2012 16:09:00 GMT

Entrepreneurs and startups are always looking for financing, and “crowdsourcing” – using the Internet to establish large groups of small-budget investors – is a hot trend. Unfortunately, current law prevents a lot of crowdsourcing from taking place. The Entrepreneur Access to...

Taxpayers Fund HAMP Enhancement

Fri, 03 Feb 2012 15:55:00 GMT

The largely unsuccessful Home Affordable Modification Program (HAMP), which was designed to help ease the loan burdens of struggling homeowners, is getting yet another boost from American taxpayers on orders from the U.S. Treasury. The plan is to use TARP funds to triple the incentives to lenders &ndash...

Citigroup Decision Cuts Lending Volume

Dan Freed — Fri, 03 Feb 2012 15:54:00 GMT

Citigroup is the latest lender among major banks to announce it will stop accepting broker-originated mortgages, meaning the bank will now only deal in loans it makes directly to homebuyers. JPMorgan Chase and Bank of America previously chose this strategy, with all banks reasoning that broker-originated...

Google Apps for Global Business Performance

Jonathan Blum — Fri, 03 Feb 2012 15:53:00 GMT

It’s no secret that Google has global ambitions for all of its products, evidenced by the 149 languages available in its interface and country-specific content, but bugs still remain in the functionality of Google Apps for Businesses for the international business traveler. One tester put the...

UK Cold Snap Causes Property Troubles

Property Wire — Fri, 03 Feb 2012 15:51:00 GMT

Europe has been struck by cold weather and that means more burst pipes for landlords and tenants in the United Kingdom (UK). The Landlord Syndicate, an organization that provides support services to UK landlords, notes that insurance claims for burst pipes increased 900% last winter, and provides advice...

Australian Home Prices Show Market Promise

Property Wire — Fri, 03 Feb 2012 15:50:00 GMT

New statistics from Australian Property Monitors indicates home prices in Melbourne edged up 1.1% in the final quarter of 2011, while prices in Sydney remained neutral. Analysts are interpreting the numbers as good news moving into 2012 when combined with increased housing affordability, inexpensive...