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Interest Rates
Carmel council approves refinancing package
November 19, 2012
IBJ StaffCarmel’s City Council on Monday night voted 7-0 to approve a proposal to refinance $195 million in debt incurred by
the Carmel Redevelopment Commission.
MoreRecord-low rates aren't creating rush at local mortgage firms
March 12, 2012
Scott OlsonLocal mortgage industry executives say record-low interest rates aren't leading to a big boom in business because broader
economic issues are keeping large parts of the population from seeking or qualifying for loans.
MoreUPDATE: Competitors' woes could help Fishers mortgage firm expand
December 14, 2010
Francesca JaroszFishers-based Stonegate Mortgage Corp. plans to spend about $3 million to expand operations, creating up to 300 jobs by 2015.
MoreBond swaps cost city units $93M in penalties
July 3, 2010
Cory SchoutenWall Street bankers for decades sold municipalities like Indianapolis on debt instruments called swaps as a safe way to reduce
borrowing costs and hedge against rising interest rates. In reality, the swaps were complicated bets that relied
on misguided assumptions, and taxpayers paid.
MoreNew Indiana law aims to promote safety of traditional loans
May 22, 2010
Scott OlsonA new state program is encouraging lenders to promote the stability of their conventional mortgages to help Indiana's
housing market rebound from a foreclosure crisis instigated by risky loans.
MoreIndiana Legislature approves mortgage certification program
March 20, 2010
IBJ StaffRating system will help homebuyers avoid the risks of borrowing.
MorePanel handicaps market recovery chances
May 25, 2009
Cory SchoutenA panel of five veterans of real estate and construction provided industry insights at IBJ's Power Breakfast May
1 at the Westin Indianapolis.
MoreMarket, not bailouts, should stimulate refinancings
March 2, 2009
Mike HicksMarkets, no matter how imperfect, not government programs, manage the economy.
MoreHospitals suffer from spiking bond interest rates, investment losses
November 3, 2008
J.K. WallIndianapolis-area hospitals have suffered a double whammy of spiking interest rates on their bonds and heavy losses in their
investment portfolios and are trying to save cash any way they can.
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.