The KUIK Closing Market Report for Wednesday, August 8: |
Markets were flat today. |
|
Direction |
Change |
Units |
Last |
Time |
|
|
Dow |
Up |
7 |
points |
13,176 |
2:31 PM |
|
|
S&P500 |
Up |
0.1% |
percent |
1,402 |
|
|
|
Nasdaq Composite |
Down |
-0.2% |
percent |
3,011 |
|
|
|
30 Year Treasury |
Up |
2.1 |
basis points |
2.74 |
|
|
|
Citigroup is launching a program in which 500 distressed homeowners will rent back their homes if they sign over the deed. An alternative known as “deed-in-lieu” of foreclosure, it is less costly to the bank and does less damage to the borrower’s credit. |
|
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/citi-launches-pilot-foreclosure-rental-program-2012-08-08-154851725?dist=afterbell |
|
For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |
Short Link> |
|