CEO pay has been going in one direction for the past three years: up.

The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.

2. Employers Add 165,000 Jobs in April - Monday, May 06, 2013

WASHINGTON (AP) – The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, employers added a solid 165,000 jobs in April – and far more in February and March than anyone thought.

3. Buffett Says Women Key to Nation’s Prosperity - Friday, May 03, 2013

OMAHA, Neb. (AP) – Billionaire Warren Buffett is optimistic about America’s economic future because the nation has begun to unleash the potential of women.

Buffett’s views on the role of women appeared online Thursday in an editorial he wrote for Fortune magazine.

4. Magna Bank Makes Several Appointments - Saturday, April 20, 2013

Magna Bank has named Frazer Gieselmann as senior vice president and manager of construction lending.

As manager of construction lending, he will lead the bank in providing construction loans to individuals and builders.

5. US Housing Starts Surpass 1 Million in March - Wednesday, April 17, 2013

WASHINGTON (AP) – U.S. homebuilders broke the 1 million mark in March for the first time since June 2008. The gain signals continued strength for the housing recovery at the start of the spring buying season.

6. Magna Bank Makes Several Appointments - Wednesday, April 17, 2013

Magna Bank has named Frazer Gieselmann as senior vice president and manager of construction lending.

As manager of construction lending, he will lead the bank in providing construction loans to individuals and builders.

7. Harold Ford Sr. Buys Sycamore View Property - Tuesday, April 16, 2013

1670 Sycamore View Road Memphis, TN 38134

Sale Amount: $1.8 million

Sale Date: April 8, 2013

8. March Mortgages Drop 8 Percent - Tuesday, April 16, 2013

From March 2012 to March 2013, the number of mortgages made in Shelby County dropped 8 percent – from 649 to 597.

March 2013 mortgage volume totaled a little more than $100 million, though, up from a little more than $97 million in March 2012.

9. Shelby County Mortgage Market Up 2 Percent - Tuesday, April 16, 2013

Someone let out a cheer earlier this month at the Memphis Area Association of Realtors 2013 Residential Real Estate Summit as MAAR President Regina Hubbard gave her optimistic forecast for the local housing market.

10. Cordova Ridge Shops Sells for $1.8 Million - Thursday, April 11, 2013

An affiliate of Norcross, Ga.-based Safeway Group Inc. has paid $1.8 million for Cordova Ridge Shops, a retail shopping center at 1204 Houston Levee Road in unincorporated Cordova.

11. Housing Huddle - Wednesday, April 03, 2013

Memphis Area Association of Realtors president Regina Hubbard got an unabashed response from the crowd at the Germantown Performing Arts Centre during the real estate group’s 2013 Residential Real Estate Summit.

12. Chism Joins BankTennessee as Mortgage Loan Specialist - Saturday, March 30, 2013

George Chism Sr. is a newly appointed mortgage loan specialist at BankTennessee.

Chism, who has been with the bank since February 2012, had been a commercial loan officer. During his tenure in the banking industry, Chism has worked at Magna Bank, Wells Fargo and Germantown Home Mortgage.

13. Chism Named BankTennessee Mortgage Loan Specialist - Friday, March 29, 2013

George Chism Sr. is a newly appointed mortgage loan specialist at BankTennessee.

Chism, who has been with the bank since February 2012, had been a commercial loan officer. During his tenure in the banking industry, Chism has worked at Magna Bank, Wells Fargo and Germantown Home Mortgage.

14. Whitehaven View Apartments Sell for $1.6 Million - Wednesday, March 27, 2013

Saddle Vineyards LP has paid $1.6 million for the 128-unit Whitehaven View apartment complex at 1594 E. Holmes Road.

15. Builder Confidence Falls on Weak Supply - Tuesday, March 19, 2013

Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers.

In the short term, those constraints could slow sales. But builders’ outlook for sales over the next six months has reached its strongest point in more than six years.

16. Consumer Confidence Rebounds in February - Wednesday, February 27, 2013

NEW YORK (AP) – Americans seem to be more confident in the economy than they have been in the past few months. But that doesn't mean they're willing to spend more money.

Consumer confidence rebounded in February, reversing three straight months of declines, according to The Conference Board, a private research group. But analysts and economists say that doesn't necessarily mean that they're going to be more likely to open up their pocketbooks and wallets.

17. U of M Files Permit for New Residence - Tuesday, February 26, 2013

3615 Central Ave. Memphis, TN 38111

Permit Cost: $43.5 million

Project Cost: $53 million

18. Tennessee Homeowners Get Loan Relief - Monday, February 25, 2013

Thousands of Tennessee homeowners have received more than $161 million in loan relief as part of a landmark multistate settlement with five U.S. banks over foreclosure abuses.

Tennessee Attorney General Bob Cooper’s office said on Friday that the relief went to about 4,000 homeowners in the state between March 1 and Dec. 31. The announcement came after a report was released last week by an office monitoring the settlement.

19. Carey Watermark Investors Buys Beale Hampton Inn - Friday, February 22, 2013

The new owner of the Hampton Inn & Suites Memphis-Beale Street at 175 Peabody Place Downtown, has filed a $22.5 million loan on the property after acquiring the 144-room hotel.

20. US Homebuilder Confidence Dips From 6.5-Year High - Wednesday, February 20, 2013

LOS ANGELES (AP) – Confidence among U.S. homebuilders slipped this month from the 6.5-year high it reached in January, with many builders reporting less traffic by prospective customers before the critical spring home-buying season.

21. Seminar: Uncertainty Pervades Real Estate - Monday, February 18, 2013

2013 will be a big year on many real estate fronts – foreclosures, property taxes and property values.

That was the message industry professionals heard Thursday, Feb. 14, at real estate information company Chandler Reports’ 2012 year-end “Master Your Market” seminar at the Holiday Inn University of Memphis.

22. Survey Shows Improving Small Business Optimism - Saturday, February 02, 2013

The Wells Fargo/Gallup Small Business Index shows that business owners have regained some optimism with the start of the new year.

That’s a reversal from November, when the survey had dropped to its most pessimistic level in two years. The latest Index improved 20 points (to positive 9) in January, up from negative 11 in November.

23. Lender Processing Paying $121 Million to Resolve Claims - Friday, February 01, 2013

One of the biggest U.S. mortgage processing companies has agreed to pay $121 million to resolve states' claims that it wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.

24. Survey Shows Improving Small Business Optimism - Wednesday, January 30, 2013

The Wells Fargo/Gallup Small Business Index shows that business owners have regained some optimism with the start of the new year.

That’s a reversal from November, when the survey had dropped to its most pessimistic level in two years. The latest Index improved 20 points (to positive 9) in January, up from negative 11 in November.

25. December Mortgages Up 34 Percent - Tuesday, January 15, 2013

Much like the fourth quarter, December was also an especially strong period for local mortgage activity.

From December 2011 to December 2012, total mortgage volume climbed 34 percent. December 2012 mortgages totaled a little more than $94 million, up from the nearly $70 million in December 2011.

26. Fourth-Quarter Mortgages Rise 21 Percent - Tuesday, January 15, 2013

The fourth quarter of 2012 in Shelby County essentially followed the same upward swing in mortgage activity as was seen throughout the year as a whole.

There were 1,925 mortgages during the fourth quarter of 2012, up 21 percent from the 1,592 during the same period the previous year.

27. Mortgage Gains Point to Solid 2013 - Tuesday, January 15, 2013

Shelby County’s mortgage market made decent strides during the past 12 months, posting gains over 2011 and foreshadowing a healthy 2013.

Banks and mortgage lenders made 8,028 purchase mortgages in Shelby County during 2012, a 17 percent improvement from the 6,862 mortgages during 2011, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

28. Banks to Pay $8.5 Billion for Foreclosure Abuse - Tuesday, January 08, 2013

WASHINGTON (AP) – Ten major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.

29. US Still Faces Political Fights on Spending, Debt - Thursday, January 03, 2013

WASHINGTON (AP) – A last-minute deal will keep the U.S. from driving off the so-called "fiscal cliff," but higher taxes and continued political fighting in Washington threaten to shake the fragile economy well into 2013.

30. Fewer US Banks Fail as Industry Strengthens - Wednesday, January 02, 2013

WASHINGTON (AP) – U.S. banks ended 2012 with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.

31. US New Home Sales Jump to Fastest Rate Since April 2010 - Saturday, December 29, 2012

Americans bought new homes last month at the fastest pace in more than two and a half years, further evidence of a sustained housing recovery.

Sales of new homes rose 4.4 percent in November from October to a seasonally adjusted annual rate of 377,000, the Commerce Department said Thursday. That’s the fastest pace since April 2010, when a federal tax credit boosted sales.

32. US New Home Sales Jump at Fastest Rate Since April 2010 - Friday, December 28, 2012

Americans bought new homes last month at the fastest pace in more than two and a half years, further evidence of a sustained housing recovery.

Sales of new homes rose 4.4 percent in November from October to a seasonally adjusted annual rate of 377,000, the Commerce Department said Thursday. That’s the fastest pace since April 2010, when a federal tax credit boosted sales.

33. US Home Sales Surge to Three-Year High - Saturday, December 22, 2012

U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage rates. The report was the latest sign of a sustained recovery in the housing market.

34. US Home Sales Surge to Three-Year High - Friday, December 21, 2012

U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage rates.

The report was the latest sign of a sustained recovery in the U.S. housing market.

35. US Housing Starts Slowed to 861,000 in November - Thursday, December 20, 2012

WASHINGTON (AP) – U.S. builders broke ground on fewer homes in November after starting work in October at the fastest pace in four years. Superstorm Sandy likely slowed starts in the Northeast.

36. US Homebuilder Confidence at Highest Level Since 2006 - Wednesday, December 19, 2012

LOS ANGELES (AP) – Confidence among U.S. homebuilders inched up this month, to the highest level in more than six and a half years, as builders reported the best market for newly built homes since the housing boom.

37. Village at Germantown Files $40 Million Loan - Thursday, December 13, 2012

The Village at Germantown Inc. has filed a $40 million loan on its retirement community at 7820 Walking Horse Circle in Germantown.

38. Wells Fargo Funds Start Homebuyer Program - Monday, December 10, 2012

A major effort to help people buy and keep homes in Memphis and Shelby County has launched, thanks to funding received by Memphis and Shelby County from Wells Fargo.

The Memphis-Shelby County Helping Homebuyers program is providing down payment assistance of up to $15,000 to qualifying borrowers who buy and live in a home in the city or county. The funds also can be used for renovation.

39. US Bank Earnings Rise 6.6 Percent, Most in 6 Years - Wednesday, December 05, 2012

WASHINGTON (AP) – U.S. banks earned more from July through September than in any other quarter over the past six years. The increase is further evidence that the industry is strengthening four years after the 2008 financial crisis.

40. Wells Fargo Expands Mobile Deposit Nationwide - Tuesday, December 04, 2012

Wells Fargo & Co. has announced the nationwide expansion of its mobile deposit service.

Using an Android or iPhone device, customers can deposit checks into their eligible Wells Fargo accounts by taking pictures of the front and back of the check. During the initial launch, from June through October and which spanned 15 states, customers used the mobile deposit service to deposit more than 600,000 checks.

41. US New Home Starts Jump to Fastest Pace in 4 Years - Thursday, November 22, 2012

U.S. builders started construction last month on the most homes and apartments since July 2008, more evidence that the housing recovery is gaining momentum.

The Commerce Department said Tuesday that builders broke ground on homes in October at a seasonally adjusted annual rate of 894,000. That’s a 3.6 percent gain from September.

42. Five Big US Banks Cut Mortgage Balances by $6.3 Billion - Tuesday, November 20, 2012

LOS ANGELES (AP) – Five of the biggest U.S. banks have cut struggling homeowners' mortgage balances by $6.3 billion, part of a total $26.1 billion in home loan relief provided under a landmark settlement over foreclosure abuses.

43. US Homebuilder Confidence Hits Six-Year High - Tuesday, November 20, 2012

Confidence among U.S. homebuilders rose this month to its highest level in six and a half years, driven by strong demand for newly built homes and growing optimism that the housing recovery will strengthen next year.

44. Delek Buys Lion Oil Facility for $6.4 Million - Tuesday, November 20, 2012

1023 Riverside Drive Memphis, TN 38106

Sale Amount: $6.4 million

Sale Date: Nov. 7, 2012

45. Center City Revenue Finance Corp. Passes Financing for Downtown Buildings - Thursday, November 15, 2012

The Downtown Memphis Commission’s Center City Revenue Finance Corp. passed several housekeeping items at its Tuesday, Nov. 13, board meeting, including assigning a payment-in-lieu-of-taxes (PILOT) lease agreement to Montreal-based Olymbec USA LLC for Brinkley Plaza, 80 Monroe Ave.

46. Most in US Won't be Able to Escape 'Fiscal Cliff' - Wednesday, November 14, 2012

WASHINGTON (AP) – Everyone who pays income tax – and some who don't –will feel it.

So will doctors who accept Medicare, people who get unemployment aid, defense contractors, air traffic controllers, national park rangers and companies that do research and development.

47. Austin Peay Walgreens Financed for $2.3 Million - Wednesday, November 14, 2012

A Walgreens store on Austin Peay Highway has been financed by its California-based ownership group, Antioch-Memphis Partners, for $2.3 million.

The 14,392-square-foot Class A store is situated on 1.9 acres at the northwest corner of Austin Peay and Singleton Parkway. Walgreen Co. began a 75-year lease on the property, which the Shelby County Assessor appraised this year at $2.2 million, when it was built in 2002.

48. Expert: Investors Confound Housing - Monday, November 12, 2012

The role of investor-driven neighborhoods in Memphis is growing, and the impact on different kinds of neighborhoods is largely unstudied and unknown.

For instance, what does it mean that going into 2012, 54 percent of residential property sales were accounted for by investor purchases from the Real Estate Owned (REO) inventory of foreclosing lenders?

49. Center City Revenue Finance Corp. to Consider Brinkley Plaza Tax Break - Thursday, November 08, 2012

The Downtown Memphis Commission’s Center City Revenue Finance Corp. (CCRFC) has a full agenda for its Tuesday, Nov. 13, board meeting, with leasing and financing requests for Brinkley Plaza, Toyota Plaza and the Peabody Hotel Tract.

50. Lender Buys MIAC for $14.3 Million - Monday, November 05, 2012

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

51. Wells Fargo Survey: Retirement Picture Looks Grim - Monday, November 05, 2012

If a Wells Fargo & Co. survey is any indication, there’s no way to sugarcoat it: The retirement years look bleak for a large swath of the U.S. population. Take the fact that, according to the survey, more than one-third of respondents might find themselves living close to poverty in their golden years. Those 34 percent expect their retirement income to be half of their current income.

52. Lender Buys MIAC for $14.3M - Thursday, November 01, 2012

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

53. Lender Buys MIAC for $14.3M - Friday, November 02, 2012

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

54. I-Bank Tower on Poplar Sells for $14.4 Million - Tuesday, October 30, 2012

5050 Poplar Ave. Memphis, TN 38117

Sale Amount: $14.4 million

Sale Date: Sept. 14, 2012

55. US New-Home Sales Rise to Highest in 2 1/2 Years - Thursday, October 25, 2012

WASHINGTON (AP) — U.S. sales of new homes jumped last month to the highest level in more than two years, further evidence of a sustained housing recovery that could help lift the lackluster economy.

56. Southwestern Sells Building to Georgia Distributor - Thursday, October 25, 2012

Crown Logistics LLC, an affiliate of Georgia Crown Distributing Co., has paid $5.2 million for the Southwestern Distributing facility at 7625 Appling Center Drive near Bartlett.

57. US Suit Alleges 'Brazen' Fraud at Countrywide - Thursday, October 25, 2012

NEW YORK (AP) — The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to churn out loans, accepted fudged applications and tried to hide ballooning defaults.

58. Buffett Says US Economy Still Inching Ahead - Thursday, October 25, 2012

OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Wednesday that the global economy is definitely slowing because of continued problems in Europe and the decline in Asia.

But he said that the U.S. economy is still improving modestly and business will improve regardless of who wins the presidential election.

59. Wolfchase Nissan, Honda Owner Files Loan on Properties - Tuesday, October 23, 2012

The owners of the Wolfchase Nissan and Wolfchase Honda dealerships at 2956 N. Germantown Road and 2982 N. Germantown Road, respectively, have filed a $10.6 million loan on the properties.

60. Bank of America Says Housing has ‘Begun to Turn' - Thursday, October 18, 2012

NEW YORK (AP) – For banks, mortgage-making kept profits humming before the financial crisis, then blackened reputations and stamped out earnings when the crisis hit.

Now, the business of mortgage lending is more of a mixed bag.

61. Homebuilder Confidence High - Wednesday, October 17, 2012

LOS ANGELES (AP) – Confidence among U.S. homebuilders remains at its highest level in six years, reflecting improved optimism over the strengthening housing market this year and a pickup in visits by prospective buyers to builders’ communities.

62. Mortgage Comeback? Citigroup Isn't So Sure - Tuesday, October 16, 2012

NEW YORK (AP) – Citigroup isn't as enthusiastic as its peers about a comeback in the housing market.

On Friday, executives at Wells Fargo and JPMorgan Chase declared that the long-struggling market had turned a corner. On Monday, Citigroup's top number-cruncher said he wasn't so sure.

63. Wells Fargo Earnings Rise as Loan Book Grows - Monday, October 15, 2012

Wells Fargo posted record earnings in the third quarter as the bank increased mortgage lending and pocketed more fees.

Wells, the nation's biggest mortgage lender, expanded its loan portfolio by making new loans to consumers. It collected more interest on loans than in the same period a year earlier.

64. Momentum Builds as Money to Fight Northaven Blight Arrives - Monday, October 15, 2012

When Shelby County Mayor Mark Luttrell announced in Northaven a week ago a $600,000 effort to fight blight in three parts of unincorporated Shelby, he got a lot of questions about the exact terms for home improvements – half of the funding.

65. Foreclosure Help Notices Being Mailed in Tennessee - Tuesday, October 09, 2012

Notices are going out in the mail to an estimated 37,000 Tennessee borrowers who may be eligible for payment under a $25 billion national mortgage foreclosure settlement.

Eligible borrowers will be receiving claim forms in the mail this month and Attorney General Bob Cooper of Tennessee urged residents to complete the forms and return them by the Jan. 18 deadline.

66. Blight Program Announced for Unincorporated Areas - Friday, October 05, 2012

Shelby County Mayor Mark Luttrell announced a $600,000 effort in Northaven, Waverly Farms and Southeast Shelby County to fight blight and help homeowners fix up their properties. The funding for the two-part effort in the unincorporated areas of Shelby County is part of $7.5 million Shelby County government and the city of Memphis government are to receive from Wells Fargo Bank.

67. Tennesseans Receiving Claims Forms in Settlement - Friday, September 28, 2012

NASHVILLE (AP) – The state attorney general's office is mailing claims forms to about 37,000 Tennesseans who may be eligible to receive a portion of a national mortgage foreclosure settlement.

68. Financial Industry Continues to Evolve - Monday, September 24, 2012

Here’s a roundup of what some of the city’s banks and bankers, investment professionals, and other financial services shops have been up to in recent weeks.

On the personnel front, Financial Federal recently appointed bank president William Tayloe to the board. Tayloe will be responsible for repositioning and expanding the company’s presence locally and elsewhere.

69. Return on Investment - Monday, September 24, 2012

Most people already know some of the basic elements of the banking business. From the large national lenders with a Memphis presence to the community banks in the suburbs, one common element is they make money by charging borrowers more than the bank pays in interest to depositors.

70. Rate on 30-Year Mortgage Falls to Record 3.49 Percent - Friday, September 21, 2012

WASHINGTON (AP) – The average U.S. rate on the 30-year fixed mortgage touched its record low this week and the rate on 15-year mortgage hit a new record.

The declines followed the Federal Reserve announcement last week that it would buy bonds to try to push mortgage rates lower and stimulate the housing market.

71. US Economy Hobbled by Weak Hiring, Manufacturing - Friday, September 21, 2012

WASHINGTON (AP) – A trio of reports Thursday offered a reminder that the U.S. economy is struggling to grow and add jobs.

The number of people seeking unemployment benefits last week stayed near a level that signals only weak hiring in September. Manufacturing shrank for a fifth straight month in the Philadelphia region, a sign that weaker global growth has hurt demand for American-made goods. And a measure of future economy activity declined for the second time in three months.

72. US Homebuilder Confidence Surges to 6-Year High - Wednesday, September 19, 2012

Confidence among U.S. homebuilders rose this month to its highest level in six years and many expect the housing recovery will strengthen in the next six months.

The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday increased to 40 in September. That’s up from 37 in August and the highest reading since June 2006, just before the housing bubble burst.

73. Herenton Home Moves in Short Sale - Wednesday, September 19, 2012

The home of former Memphis Mayor Willie W. Herenton in Banneker Estates’ gated community has traded hands for $350,000 in a short sale.

The single-family home at 5281 Horn Lake Road in the McKellar-Whitehaven-Levi PD neighborhood was sold to Tamara G. Washington on Aug. 27, according to the Shelby County Register of Deeds. Washington also filed a $150,000 mortgage with Community Mortgage Corp. that matures in September 2032.

74. LeMoyne-Owen to Begin Work on $13.5 Million Residence Hall - Tuesday, September 18, 2012

869 Saxon Ave.
Memphis, TN 38126

Permit Cost: $9 million

Permit Date: Applied September 2012

75. Piccadilly Files for Chapter 11 Bankruptcy - Friday, September 14, 2012

BATON ROUGE, La. (AP) – Piccadilly Restaurants, a Baton Rouge-based cafeteria chain, has filed Chapter 11 bankruptcy.

Thomas Sandeman, the company's CEO, told The Advocate that the filing, which was made Tuesday in U.S. Bankruptcy Court in Lafayette, will protect the value of Piccadilly, along with its employees and restaurants.

76. Twin Oaks Townhomes Financed for $7.1 Million - Thursday, September 13, 2012

The New York-based owner of Twin Oaks Townhomes on Winchester Road has financed the property for $7.1 million. Highland Pines Townhomes LLC, which secured the multifamily loan through Wells Fargo Bank NA, bought the 253-unit, Class C complex in October 2010 for $4.6 million.

77. Panda to Build Restaurant On Winchester Outparcel - Monday, September 03, 2012

7525 Winchester Road
Memphis, TN 38125

Permit Cost: $791,345

Project Cost: N/A

78. Tennessee Starting to Benefit From Foreclosure Settlement - Friday, August 31, 2012

Tennessee homeowners have received more than $36 million in relief from March 1 through June 30 as part of a nationwide settlement reached with the country’s five big mortgage servicers.

That’s according to the office of Tennessee Attorney General Bob Cooper. The relief is in the form of loan modifications, refinances and facilitated short sales.

79. US Bank Earnings Rose 21 Percent in 2nd Quarter - Wednesday, August 29, 2012

WASHINGTON (AP) – U.S. bank earnings rose 21 percent in the April-June quarter and lending to consumers increased, adding to evidence that the industry is strengthening four years after the financial crisis.

80. Americans' Confidence Falls Off in August - Wednesday, August 29, 2012

NEW YORK (AP) – Americans are feeling worse about the economy than they have in a long time – a fact that could have wide-reaching implications everywhere from Wal-Mart to the White House.

81. Cordova Ridge Shops Sells for $2 Million - Tuesday, August 28, 2012

An affiliate of Dallas-based CWCapital Asset Management LLC has paid $2 million for Cordova Ridge Shops, a retail shopping center at 1204 Houston Levee Road in unincorporated Cordova.

82. Measure of US Economy Rose 0.4 Percent in July - Monday, August 20, 2012

A measure of future U.S. economic activity recovered in July following a sharp drop in June, providing further evidence of an economy that is regaining some momentum.

The Conference Board said Friday that its index of leading economic indicators increased 0.4 percent in July after falling 0.4 percent in June.

83. US Home Construction Dips, but Signs Point Up - Friday, August 17, 2012

WASHINGTON (AP) – U.S. builders broke ground on slightly fewer homes in July than June. But in a hopeful sign for future construction, applications for building permits rose to their highest level since August 2008.

84. US Homebuilder Confidence at 5-Year-High in August - Thursday, August 16, 2012

LOS ANGELES (AP) – U.S. homebuilders grew more confident in the housing recovery in August, as many reported that prospects for sales are the best they've been since the home bubble burst five years ago.

85. Council OKs Chisca Funding - Thursday, August 09, 2012

The Memphis City Council approved Tuesday, Aug. 7, sending $2 million in city funding to the Center City Development Corp. for blight remediation at the Chisca Hotel on South Main Street.

86. Proposed Gas Tax Advances to November Memphis Ballot - Wednesday, August 08, 2012

Memphis City Council members gave final approval Tuesday, Aug. 7, to a second ballot question for the Nov. 6 ballot in Memphis.

On an 8-3 vote, the council approved on third and final reading the referendum ordinance that puts a one-cent-a-gallon local gas tax to Memphis voters. The same ballot will also include a referendum on a proposed half percent local sales tax hike the council approved in July.

87. Grant Entity Files $20M Loan For Collierville Construction - Tuesday, August 07, 2012

25 acres north
Of Shea Road

Loan Amount: $20.4 million

Loan Date: July 31, 2012

Maturity Date: Aug. 1, 2017

Borrower: Westbrook Crossing GP

Lender: Magna Bank

88. Carriage Crossing Owners File $40 Million Loan - Friday, August 03, 2012

The new owners of Collierville lifestyle center Carriage Crossing have filed a $40 million loan for the property through Wells Fargo Bank.

89. Cordova Ridge Shops Facing Foreclosure - Wednesday, August 01, 2012

Cordova Ridge Shops, a Class A retail center on North Houston Levee Road, is facing foreclosure after its Nashville-based owner defaulted on a $3.3 million loan, according to a first-run foreclosure notice in the Aug. 1 Daily News.

90. Morgan Stanley Closes a Bleak Bank Earnings Season - Friday, July 20, 2012

NEW YORK (AP) — It's tough being a big bank these days.

Morgan Stanley, the storied investment house, reported Thursday that its revenue was down sharply for April through June and its profit missed Wall Street expectations. Its stock was clobbered — down more than 5 percent.

91. Home Construction in Steady Comeback - Thursday, July 19, 2012

WASHINGTON (AP) – Home construction is making a long-awaited recovery that could help energize the U.S. economy.

From areas like Phoenix that are finally arising from the housing bust to cities like Chicago and Minneapolis where strong economies have lifted demand, residential construction is healthier than it’s been at any time since sales and prices collapsed five years ago.

92. Q2 Foreclosures Up 5 Percent - Thursday, July 19, 2012

Shelby County’s real estate market is still feeling the effects of foreclosure activity, with a second quarter increase in activity following an even larger one in the first quarter.

93. Returns Equal Reality Minus Expectations - Wednesday, July 18, 2012

At the beginning of the year, expectations ran high. Some economists forecasted U.S. GDP growth rates above 4 percent, European credit spreads indicated crisis containment, and China’s economy appeared to be on a government-conceived glide to slower, non-inflationary growth. As expectations ran high, the first quarter provided stock market investors with the best index returns in 14 years.

94. Hickory Hill Warehouse Sells for $1.3 Million - Tuesday, July 17, 2012

5837 Distribution Drive
Memphis, TN 38141

Sale Amount: $1.3 million

Sale Date: July 11, 2012

95. Buffett Says General Economy Slowing This Summer - Friday, July 13, 2012

OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Thursday that U.S. economic growth has slowed in the last two months as fears about Europe's debt woes mounted.

Buffett's comments during an interview Thursday on the cable TV network CNBC contrast with what he has been saying for a couple years. Buffett has said the economy was gradually improving since the fall of 2009 in every area except businesses related to housing.

96. Walgreens Buyer Finances Purchase With $2.6M Loan - Friday, July 13, 2012

WG Memphis Holdings LLC, the Hamilton, N.J.-based company that bought the Walgreens site at 6980 E. Holmes Road, has financed the purchase with a $2.6 million loan through Wells Fargo Bank NA.

97. Economic Dev. Conference Slated for Saturday - Wednesday, July 11, 2012

The Home for the Holidays Summer Conference 2012 is slated for Saturday, July 14, from 9 a.m. to 2 p.m. on the Union Avenue Campus of Southwest Tennessee Community College in the Verties Sails Gymnasium (Building E).

98. Herenton Home Listed as Short Sale - Wednesday, July 11, 2012

Former Memphis Mayor Willie W. Herenton’s home in Banneker Estates is on the market as a short sale.

The single-family home on Horn Lake Road has been on the market for more than 160 days. The house in the McKellar-Whitehaven-Levi PD neighborhood is listed for $369,900 with B.J. Worthy with RE/MAX on Track.

99. As US Economy Steadies, Bank Closings Become Rarer - Friday, July 06, 2012

WASHINGTON (AP) – Fewer U.S. banks are failing than at any time since the financial crisis erupted in 2008. The healthier banking industry is helping sustain an economy slowed by lackluster hiring, weak manufacturing and Europe's debt crisis.

100. Crowder Joins MCCA To Manage New Product Line - Wednesday, July 04, 2012

Mack Crowder has joined Memphis Consumer Credit Association as director of business continuity and risk. In his new role, Crowder will manage the start-up and growth of a new product line of business continuity and disaster recovery solutions for MCCA.