The US housing finance firms have been asked to improve their structure for guarantee fees. The regulator has directed Fannie Mae and Freddie Mac to take the steps. However, it said that the changes would be 'revenue neutral'.
According to the Federal Housing Finance Agency (FHFA), Fannie and Freddie will cut guarantee fees for some borrowers and increase them for others. Predictably, the regulator is removing a 25-basis-point adverse market fee, which the companies forced on all new borrowers in 2008, when housing prices fell rapidly.
As per a statistics released on Friday, unemployment rate in Ohio stands at 5.1% between February and March 2015. The statistics released by the Ohio Department of Job and Family Services remains unchanged during the period.
During the same time period, the number of jobs in Ohio increased by 1,500. The number of jobs increased from 5,385,000 in February to 5,386,500 in March. In the last 12 months, the number of unemployed people in state has declined by 50,000. Also, the jobless rate has declined from 6.0% a year ago.
Surgeon General of the United States Dr. Vivek H. Murthy and the Department of Health and Human Services have joined forces with Elmo, Muppet character on the children's television show Sesame Street, to help children in the United States directly receive vaccinations.
On Friday, Murthy revealed a 30-second public service announcement with Elmo in a blog post published on the Department of Health and Human Services website. In the YouTube video, Murthy and the Muppet character tell children about the importance of getting their vaccinations on time.
Earlier, a group of doctors sent a letter to Columbia University, asking for Turkish-American cardiothoracic surgeon and television personality Mehmet Oz's dismissal from the medical school's faculty. According to medical professionals, some of the television host's advices lack scientific backing. Now, Oz has defended himself against criticism.
According to a recent study, light walking for nearly three hours every week could help cancer survivors reduce harmful effects of their treatment. The research was conducted by the researchers from the Northwestern University Feinberg School of Medicine. It has been published in the 'Journal of Cancer Survivorship: Research and Practice'.
According to the Indiana State Department of Health, the number of people infected with HIV in Indiana's Scott County has grown to about 120. The department stated that there are 10 preliminary positive cases tied to Scott County. Last week, the count was 106.
Panera Bread management has permitted $500 million in new debt with a purpose to fund a buyback program after engaging in a constructive dialogue with activist hedge fund Luxor Capital Group.
When the company made announcement that it has increased the buyback program to $750 million, the stock jumped as investors picked up the stock. The company has plans to buy back $500 million in shares with cash on hand, cash flow, and the new debt over the next year.
On Wednesday, Dominion announced that it is going to acquire Richard Solar Center located in Twiggs County, Georgia. Dominion will acquire the facility from HelioSage Energy.
The 20-megawatt solar facility in Georgia is expected to enter service in 2015. The company has also secured a 20-year power purchase agreement and interconnection agreements with Georgia Power. Not only this, the company has also signed an engineering, procurement and construction contract.
On Thursday, UnitedHealth Group delivered its best quarterly results in years as it received benefits from new ObamaCare customers. It also raised its full-year 2015 sales and earnings guidance.
The nation's No. 1 health insurer has logged first-quarter earnings of $1.46 per share, up 33% vs. compared to year earlier. The net profit was much higher than analyst estimates for $1.35. The company registered 13% gain in revenue to $35.76 billion, topping views for $34.6 billion.
According to a new study, heavy snorers and people with sleep apnea may have more chances of developing memory and thinking problems at younger ages as compared to their well-rested peers.
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