September 27, 2021

Latest SBA Statistics Identify both Positive and Negative Trends

During 2009 approximately 552,600 new employer firms were established and 660,900 firms went out of business, according to information released by the U.S. Small Business Administration. The SBA’s Office of Advocacy furnished the latest update to the database of small businesses statistics. According to the SBA, 7 out of 10 new employer firms remain viable […]

FHA Short Refinancing Plan to Help ‘Underwater’ Homeowners

In an attempt to assist responsible home owners whose mortgage debt is greater than the current value of their homes, the U.S. Department of Housing and Urban Development has begun offering a newly developed option for refinancing their homes. Initially announced last March, this augmentation of the Federal Housing Administration (FHA) home refinancing program will […]