March 5 (Bloomberg) -- The former mayor of Birmingham, Alabama, was sentenced to 15 years in prison for taking $241,000 in bribes in exchange for giving $7.2 million in sewer-bond and derivatives business to a friend who was an investment banker.
March 5 (Bloomberg) -- The former mayor of Birmingham, Alabama, was sentenced to 15 years in prison for taking $241,000 in bribes in exchange for giving $7.2 million in sewer-bond and derivatives business to a friend who was an investment banker.
Jan. 21 (Bloomberg) -- The U.S. Federal Housing Administration , facing as much as $14 billion in losses from a down-payment-assistance program terminated in 2008, is seeking to block efforts to bring it back.
Jan. 21 (Bloomberg) -- The U.S. Federal Housing Administration , facing as much as $14 billion in losses from a down-payment-assistance program terminated in 2008, is seeking to block efforts to bring it back.
The premiums FHA charges to insure mortgages will rise to 2.25 percent from 1.75 percent this year, the agency said in a statement today.
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