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Editorial Results (free)

1. Madewell Coming to Saddle Creek -

The Shops of Saddle Creek in Germantown will soon gain another national retailer with no other presence in Tennessee.

Madewell, a subsidiary of J. Crew Group Inc., has signed a 3,061-square-foot lease in The Shops of Saddle Creek North, 7509 Poplar Ave., in part of the space that was previously The Gap in between James Avery Jewelry and Brighton Collectables.

2. White House: Limit Gov't Backing of Mortgages -

WASHINGTON (AP) – The Obama administration laid out three broad options Friday for reducing the government's role in the mortgage market. All three would almost certainly lead to higher interest rates and costs for borrowers.

3. Gov't Says Banks Should Share Fannie, Freddie Costs -

WASHINGTON (AP) – The nation's largest banks have an obligation to pay some of the cost for bailing out mortgage buyers Fannie Mae and Freddie Mac because they sold them bad mortgages, a government regulator said Wednesday.

4. Congress Acts, But Bank Bill Has Work Ahead -

WASHINGTON (AP) — In the end, it's only a beginning.

The far-reaching new banking and consumer protection bill that President Barack Obama intends to sign on Wednesday now shifts from the politicians to the technocrats.

5. Gov't Increases Pressure on Mortgage Industry -

WASHINGTON (AP) - Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking down on mortgage companies that aren't doing enough to help borrowers at risk of losing their homes.

6. Housing Plan Reaches 1 in 5 Borrowers -

WASHINGTON (AP) - After a slow start, the Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says.

As of the end of October, more than 650,000 borrowers, or 20 percent of those eligible, have signed up for trials lasting up to five months, the U.S. Treasury Department reported Tuesday. The modifications reduce monthly payments to more affordable levels.

7. US House Panel Votes to Regulate Derivatives -

WASHINGTON (AP) - A U.S. House of Representatives' panel voted Thursday to regulate for the first time privately traded derivatives, the kind of exotic financial instruments that helped bring down Lehman Brothers and nearly toppled American International Group.

8. Obama’s Mortgage Relief Experiences Growth -

The Obama administration’s $50 billion mortgage relief program is finally picking up speed after a sluggish and disappointing start: Nearly one in five eligible homeowners have been offered help so far, the U.S. Treasury Department reported Wednesday.

9. Mortgage Aid Program Helping Fraction of Borrowers -

WASHINGTON (AP) – The government’s $50 billion program to ease the foreclosure crisis is helping only a tiny fraction of struggling homeowners.

As of July, only 9 percent of eligible borrowers had seen their mortgage payments reduced. And a progress report on the plan Tuesday showed 10 lenders had not changed a single loan.

10. Fannie Mae, Freddie Mac Shares Rise -

WASHINGTON (AP) - Shares of Fannie Mae and Freddie Mac soared Monday in a respite from their battering in recent days, while some regional banks saw their stocks sink on worries they could be swept up in the turmoil surrounding the mortgage finance giants.

11. Martin Joins Glankler Brown as Member -

Venita Marie Martin has joined Glankler Brown PLLC as a member of the firm. Martin concentrates her practice in general civil litigation, family law and employment law. She previously served as law clerk to Tennessee Supreme Court Justice A.A. Birch Jr.

12. Archived Article: Memos - Sheila Collins has been promoted to vice president at Arnoult & Associates Sheila Collins has been promoted to vice president at Arnoult & Associates. She formerly was project director and operations manager. Collins has an undergraduate deg...

13. Archived Article: Calendar - Nov Nov. 10 Public Issues Forum will meet at 7 p.m. at Memphis Community Foundation, 1900 Union Ave. A panel presentation will discuss light rail for Memphis and Shelby County. The panelists will include Howard R. Maier, executive director, Northeas...

14. Archived Article: Calendar - Nov Nov. 3 The Society for Technical Communication will meet at the Unicorn restaurant beginning with a social hour at 5:30 p.m. The program begins at 7 p.m. The speaker will be Donald Ray, a technical writing manager at Celcore, who will offer tips...