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Why I Dumped My American Express Platinum Card
Over the last three years, I've basically sucked out all of the benefits that I could from the American Express Platinum card. I registered for Global Entry in my first year and got American Express to reimburse me the $ 100 signup fee. I've used the …
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What If American Express Loses Its Fight With The Justice Department?
American Express charges the highest fees of any of the major credit card processors, which is why more businesses won't accept Amex cards than Visa or MasterCard. The company can get away with the higher fees, mainly because of its very desirable …
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Secured And Unsecured Loans

There are 2 standard categories of loaning: secured plus unsecured loaning. Secured loaning pertains to a loaning approach where cash creditors may claim a specific property when, in almost any situation, the borrower neglects their debt. The income owed by mortgagers to a financial firm is known as a principal. These principals involve extra fees called interests, that is where banks plus alternative financial organizations profit.

The rate plus value of interests differ from 1 loaning organization to another, though there are localized plus global regulations that control the frequency of these loaning ingredients. Secured loaning often have lower interest rates than unsecured ones, apparently considering they reach have anything to gain when they are not repaid, unlike unsecured financing, that just rely found on the rate of interest alone.

Secured financing can include house, auto, student, house improvement, plus individual financing. The most commonly known types of secured financing, though, are auto financing plus house financing. As an example, whenever a borrower suddenly becomes unable of repaying the organization, the firm could claim the auto or apartment because their own. This kind of loaning is generally meant for long-term deals, wherein it will take many months or years to complete.

Unsecured loaning, inside comparison, needs the smaller timeframe for completion. Unsecured financing include payday financing or cash advances. Payday financing could either be completed traditionally, that involves going to a financial organization for application, or by the Internet. Payday financing online just ask for standard info in regards to the borrower.

Payday financing online need bank account numbers, full name, plus latest income pay slips throughout application. Previous records of credit, that might serve because evaluating factors for a borrowers competency to pay back, are no longer important.

Fewer forms are required whenever applying for payday financing online. Additionally, paying techniques for this form of transaction normally include transferring of funds utilizing the bank account quantity offered by the borrower. Rollovers will be provided to borrowers whom cannot pay back the currency they asked for found on the maturity date. This might furthermore include an accrued interest, that increases each time a borrower extends their payment schedule.

Understand regarding the services at www.purposecashadvance.com.

Flowserve Introduces Heavy-duty LHS Hydraulic Actuator for Oil and Gas Applications, Continuing Extension of Limitorque Portfolio


Dallas, Texas (PRWEB) July 14, 2014

Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced the launch of the Limitorque Hydraulic Scotch yoke (LHS) actuator. The LHS is ideal where hydraulic motive power is preferred and for services requiring a robust design, long service life, high-torque and high-speed operation. It is suitable for on/off, modulating and control applications of quarter-turn valves, specifically in the offshore environment as well as in general, protective and safety services such as emergency shutdown (ESD) or high-integrity pressure protection systems (HIPPS), up to and including SIL 3 Level in accordance with IEC 61508. The launch of the LHS marks another milestone, as Flowserve continues to expand its fluid- and electric-powered actuator portfolio produced under the Limitorque brand.

Designed to meet or exceed the most current and stringent safety and reliability standards for oil and gas services, the modular, hydraulically driven LHS is a piston-type, Scotch yoke actuator. It incorporates the same design philosophy and meets many of the same performance criteria as its pneumatic counterpart, the LPS, which was launched by Flowserve in January. Most notably, the LHS offers the same maintenance interval as the LPS up to six years or as prescribed in EN 15714 for high-cycle applications and an industry-leading, 25-year operational life.

The release of the LHS actuator is another important step in the Limitorque fluid-powered portfolio expansion strategy, stated Jeff Drees, president, Flowserve Flow Control Division. Providing customers a heavy-duty option for applications where hydraulic motive power is preferred or required was an essential part of our product road map. We are very pleased by our teams continued success developing products that meet todays market requirements, he added.

The ruggedly built LHS delivers up to 250 kNm (184,000 ft-lb) and a maximum allowable working pressure (MAWP) of 207 bar (3,000 psi), with minimal wear and maximum efficiency. An optional version with a maximum allowable working pressure (MAWP) of 345 bar (5,000 psi) is available upon request. The LHS is available in single-acting spring return or double-acting configurations for operation in a wide range of standard, low- and high-temperature environments from -29 C (-20 F) for spring return units and -60 C (-76 F) for double-acting units up to 160 C (320 F). It has been designed and manufactured in accordance with: IP66/IP66M and IP67/IP67M per EN60529; NEMA 4 and NEMA 4X per NEMA 250; and EN 15714-4.

Information is available from Flowserve Limitorque regarding product compliance for ATEX, PED, ASME, SIL and GOST.

The launch includes custom controls packages upon request for most applications, including: hydraulic control panels; hydraulic power units; hydraulic accumulator racks; and self-contained units. Combined with the advanced features of the LHS actuator, end users benefit from high-torque, ultra-fast actuator response in emergency shutdown, isolation and modulating flow control applications.

For more information about the LHS actuator, visit flowserve.com/LimitorqueFluidPower.

Flowserve Contacts

Investor Contacts:

Jay Roueche, vice president, Investor Relations & Treasurer, (972) 443-6560

Mike Mullin, director, Investor Relations, (972) 443-6636

Media Contacts:

Lars Rosene, vice president, Global Communications and Public Affairs, (972) 443-6644

About Flowserve: Flowserve Corp. is one of the worlds leading providers of fluid motion and control products and services. Operating in more than 50 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the companys website at http://www.flowserve.com.

Safe Harbor Statement: This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as, may, should, expects, could, intends, plans, anticipates, estimates, believes, forecasts, predicts or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this news release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the following: a portion of our bookings may not lead to completed sales, and our ability to convert bookings into revenues at acceptable profit margins; changes in the global financial markets and the availability of capital and the potential for unexpected cancellations or delays of customer orders in our reported backlog; our dependence on our customers ability to make required capital investment and maintenance expenditures; risks associated with cost overruns on fixed-fee projects and in taking customer orders for large complex custom engineered products; the substantial dependence of our sales on the success of the oil and gas, chemical, power generation and water management industries; the adverse impact of volatile raw materials prices on our products and operating margins; our ability to execute and realize the expected financial benefits from our strategic realignment initiatives; economic, political and other risks associated with our international operations, including military actions or trade embargoes that could affect customer markets, particularly Middle Eastern markets and global oil and gas producers, and non-compliance with U.S. export/re-export control, foreign corrupt practice laws, economic sanctions and import laws and regulations; our exposure to fluctuations in foreign currency exchange rates, including in hyperinflationary countries such as Venezuela; our furnishing of products and services to nuclear power plant facilities; potential adverse consequences resulting from litigation to which we are a party, such as litigation involving asbestos-containing material claims; a foreign government investigation regarding our participation in the United Nations Oil-for-Food Program; expectations regarding acquisitions and the integration of acquired businesses; our foreign subsidiaries autonomously conducting limited business operations and sales in certain countries identified by the U.S. State Department as state sponsors of terrorism; our relative geographical profitability and its impact on our utilization of deferred tax assets, including foreign tax credits; the potential adverse impact of an impairment in the carrying value of goodwill or other intangible assets; our dependence upon third-party suppliers whose failure to perform timely could adversely affect our business operations; the highly competitive nature of the markets in which we operate; environmental compliance

Broadview Mortgage Reports: The U.S Department of Housing and Urban Development (HUD) Sets Plans to Improve Entry to the Housing Market Nationwide

Orange, CA (PRWEB) July 14, 2014

The United States Department of Housing and Urban Development (HUD) in its Blueprint for Access detailed, the average credit score for loans sold to the GSEs is 752. Currently there are 13 million people with credit scores ranging from 580 to 680. As a direct lender, Broadview Mortgage has come across countless examples of prospective homebuyers unable to obtain a mortgage loan due to their credit score. Prospective homebuyers being locked out of the housing market has become a pressing issue nationwide impacting the growth of the market and the economy as a whole. As discussed in our past article entitled, FHFA to Increase Homebuyer Access to Credit, plans to eradicate this issue announced in the beginning of summer is finally coming to fruition, and is set to be in play by year end. HUD has released the strategy to achieve this goal in the Blueprint for Access: What FHA is Doing to Expand Access to Mortgage Credit for Underserved Borrowers, with the main component of the plan being the Homeowners Armed with Knowledge (HAWK) program, which entails several HUD initiatives.

The Homeowners Armed With Knowledge (HAWK) program provides homebuyers willing to equip themselves with more education about homeownership with powerful savings over the life of the loan. Currently, the program is still in the ground works, standing open to public comment until August 2014. By Fall 2014, HUD plans to implement phase one of the HAWK Pilot Project. The pilot program will last a total of four years. Under the HAWK pilot program, homebuyers are eligible for a reduced rate on mortgage insurance premium after they take the class. HUD contends that, homeowners who complete housing counseling before signing a contract to purchase a home and who complete additional pre-closing housing counseling will receive a 50 basis point reduction in the upfront FHA mortgage insurance premium (MIP) and a 10 basis point reduction in the annual FHA MIP. Choosing to participate in post-closing counseling and track record of timely mortgage payments will bring even greater benefits. After two years with no serious delinquencies, participants receive an additional 15 basis point reduction in annual MIP. As a result, the HAWK program has a strong capability of saving homeowners hundreds a year and thousands over the total life of the loan. Such significant savings can qualify a prospective buyer for a larger house or open options up to a better area. On the average FHA loan balance of $ 180,000, HAWK participants may receive up to $ 9,800 in savings over the life of the loan.

Overall, the HAWK program poses a great opportunity for prospective homebuyers and the economy as a whole. When millions of consumers are shut out of the market, it is difficult for Americans to establish stable communities, forces many to pour hundreds of thousands of dollars into moving expenses and uproots them from a steady lifestyle. Without a healthy housing market, the recovery of the economy is simply not feasible. The HAWK program aims to better support the middle class and lower class homebuyers while simultaneously gaining them entry into the marketplace. This community will no longer be hindered by stringent credit requirements as the HUD Blueprint contends, FHA is committed to finding ways to responsible increase access for underserved borrowers. That being said, facilitating access to credit does not mean returning to the days of predatory lending practices. The government has reformed lenders, and now HUD is turning focus back to those that make the mortgage industry go round: its consumers.

HUD identifies the HAWK program as the responsible way to provide creditworthy borrowers mortgage credit. The more education people have about how things work, the better the position they are in to make an informed decision. The process of obtaining a home mortgage is already so lengthy, convoluted, and even overwhelming, that it is easy for homebuyers to skip over the important details. The idea behind doing this is to achieve sustainability. By empowering consumers with knowledge, they are better positioned to purchase a home loan within their financial reach, thus making it more likely that they will not default on the loan, which minimizes risk, is better for lenders, their investors, the FHA which insures these home loans, and the economy as a whole. The Blueprint for Access states that, delinquency rates for borrowers who have received counseling are 29% lower for first-time homebuyers and 15% lower overall. These statistics are not a surprise, as when prospective buyers know more about the subject than they are more confident and more aware if they are getting a bad deal. This makes the access to credit not only available to prospective homebuyers, but it also makes it sustainable.

Many of us do not have such opportunities to become more financially literate. We get thrown into tons of real life situations every day without fully comprehending the logistics of our negotiations or their long-term effects on our lives and bank accounts. The HAWK initiative is a step in the right direction for a more financially literate America, as consumers who participate in the HAWK counseling the counseling is aimed at improving buyers budgeting skills and gives them individualized, objective advice on understanding the rights and responsibilities of homeownership, addressing credit and savings barriers, and meeting their overall housing and financial goals. By making these choices and taking out the time necessary to map out, prepare for, and manage large expenditures, we avoid economic crises as homebuyers and lenders alike are better prepared for the mortgage loan.

HUD is also clarifying their policies so that lenders can better and more easily understand the FHA guidelines. With lenders more in-tune with FHA expectations, they will be able to reduce credit overlays, which are stricter lending criteria so that they can protect their financial interest and ensure that their mortgage loans are up to par with FHA guidelines. These credit overlays are another reason why many borrowers are being shut out of the market. This will be achieved with the new FHA handbook that is an authoritative document with definitive guidelines to all aspects of the FHA single-family programs. HUD refers to this as establishing clear rules of the road as taking steps to clear quality assurance policies helps ensure lenders make loans without fear of unanticipated consequences.

Mortgage News Daily quotes Shaun Donovan, Secretary of HUD: We want to create an environment that encourages responsible behavior and provides clear rules of the road so lenders can originate loans without fear of unanticipated consequences. We want lenders to be able to focus on the quality of their processes and lend to all qualified borrowers.

Broadview Mortgage values the opportunity to educate consumers to understand which direction that their current or future mortgage is taking them in. If you have any questions about the information herein, feel free to reach out to the Author, Brittany Williams, at Brittany.williams(at)broadviewmortgage(dot)com. If you would like a quick pre-approval click he

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Introducing the Best New plus Many Affordable Restaurant Merchant Cash Advance Loans Available found on the Market Today, Courtesy of Organization Cash Advance Guru


Nationwide (PRWEB) July 13, 2014

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Making issues worse are many of modern federal mandates plus banking laws. Small companies are disproportionately harmed, because a happen, with loan denials at close record highs. Loan applications are lengthy plus complicated; needs are stricter plus significant verifications are today usual. Additionally, individual companies need close ideal credit plus demonstrate the ability to repay inside many methods. Loan skills are based about future profit plus reduction projections plus individual plus company assets plus liabilities. Years of taxes returns should be offered and also licensed financial statements.

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