ReleaseWire

Foreign Translations, Inc., through its General Services Administration (GSA) contract with the federal government, was awarded and recently completed a financial translation services contract with the Federal Deposit Insurance Corporation (FDIC)

The real estate correction is just that... a true correction of values based on historical norms.

Today’s TraderNotes include: Lehman Brothers Holdings Inc. (NYSE: LEH), Freddie Mac (NYSE: FRE), Fannie Mae (NYSE: FNM), IndyMac Bancorp Inc. (NYSE: IMB), Washington Mutual Inc. (NYSE: WM), National City Corp. (NYSE: NCC), Wachovia Corp. (NYSE:WB), and JPMorgan Chase & Co. (NYSE: JPM).

Investment sales activity in 2007 finished at near record levels despite the national disruption within the debt capital markets. Many firms reported Fourth quarter numbers were down significantly from historical norms and activity levels are expected to be lower in the foreseeable future. Driven by changing debt availability and terms, significant pricing gaps among buyers and sellers are creating delays in launching of any major assets sales. This slowdown is expected to continue well into 2008 until liquidity returns to the marketplace.

Orlando Business Journal readers picked top honors in 52 categories, and selected Chris Hurn, president and CEO of Mercantile Commercial Capital, as this past year’s “Most Respected Executive” in Central Florida.

Blue Cabana, LLC announces the launch of a new Consumer Credit Card Comparison site to assist consumers in their quest to find the most appropriate credit for them. The site, www.SaveMoneyCreditCards.com is a resource for consumers trying to make sense of all the credit card offers available to them. The site offers different credit card categories to research like Reward Cards, Business Cards or Student Cards with helpful information for consumers to make their decision.

Prepayment penalties can be substantial to borrowers, as well as attractive profit protection for lenders. Borrowers need flexibility, while lenders seek yield preservation.

Ian Stroud, a sales manager of a mortgage lender in Indianapolis, and the host of “Finance America”, a radio talk-show, gets a few strange looks when he meets with clients and business partners. This could be attributed to the longer-than-normal hair he’s been sporting for the past many months.

Since December, the yield curve remains inverted, suggesting the looming threat of a recession and credit market turmoil. However, the previous time the yield curve inverted within the past decade, a recession did not occur. This phenomenon has proven to be a result of domestic and international investors flocking to longer-term, US debt instruments. The winners, of course, are long-term borrowers.

During the subprime credit crunch of the past two months, most of the focus remains on loan performance and treasury rates. While these indices are accurate gauges of market conditions, a long-ignored index resurfaced on the watchlist -- LIBOR ( London interbank offering rate).

Florida Capital Bank, N.A, an operating bank of Florida Capital Group, Inc., has partnered with ConnectYourCare, a leading consumer-directed healthcare (CDH) platform provider, to launch an integrated CDH platform for administering Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), and Flexible Spending Accounts (FSAs).

For business owners, comparing credit cards just got easier. Introducing SmallBusinessCreditCards.net a directory of small business credit card offers from top card issuers.

Mantas, Inc., a leading global provider of advanced solutions for compliance and risk management including anti-money laundering (AML), broker and trading compliance, fraud detection, and operational risk analysis, today announced its partnership with Habib Bank Ltd., the largest bank in Pakistan. With an extensive network of 1425 domestic branches and 55 international branches, Habib Bank plays an important role in Pakistan's financial and economic development.