WASHINGTON (Reuters) – Foreclosure activity in the United States rose sharply last month, on an increase in bank repossessions, according to a report by industry firm RealtyTrac.
Foreclosures, which include foreclosure notices, scheduled auctions and bank repossession, were up 20 percent to a total of 122,060 last month, the group said on Thursday.
WASHINGTON (Reuters) – A Republican lawmaker pushing to reauthorize the U.S. Export-Import Bank said on Wednesday he was confident the export credit agency would get a lifeline before a June 30 deadline, based on “positive interactions” he has had with Ex-Im critic Jeb Hensarling.
Hensarling, chairman of the House of Representatives committee with jurisdiction over the bank, has said he wants the bank’s mandate to expire in June and he plays a key role in deciding whether legislation to renew it can progress to a vote.
WASHINGTON (Reuters) – The U.S. Postal Service on Tuesday unveiled a limited edition stamp honoring black poet and civil rights activist Maya Angelou.
The ceremony at the Warner Theater in Washington, D.C., included Angelou’s only son, Guy Johnson, First Lady Michelle Obama, media magnate Oprah Winfrey and U.S. Attorney General Eric Holder.
WASHINGTON (Reuters) – U.S. small businesses took out fewer loans last month but borrowing was up from a year ago as firms ramped up investments in their operations, according to data released on Tuesday.
The Thomson Reuters/PayNet Small Business Lending Index fell to 119.2 last month from 122.4 in January. Still, the index was up 7 percent from February 2014, signaling a steadily improving sector.