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IVCPOST Staff Reporter

Real estate Reports Much Lower Default Ratio Than Forecast

Co-Signer, Inc. today announced its subsidiary's default ratio for calendar 2013 was 2.3% of total contracts for the period in contrast to its budgeted internal forecast of 7%. With an expanded sales effort for the immediate past year of its service product in targeted communities nationwide, the Company reported this milestone was achieved through its continuous monitoring of its underwriting.

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3i Group

Private equity group 3i completes $48M of exits in last quarter of 2013

Private equity group 3i said it was able to close exits worth £29 million or $48 million in the final quarter of last year, bringing its overall proceeds for the year to £557 million, Reuters reported.

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Bank of America

Countrywide verdict a major victory for US Justice Department- report

The US Justice Department scored a major win when a New York federal jury found the Countrywide unit of Bank of America guilty for mortgage fraud.

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Turkey's Anti-Government Demonstrations

Turkey, EU to launch new round of accession talks next month

The European Union and Turkey would be resuming accession talks on November 5 after a three-year postponement.

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T-Mobile offers free data downloads with latest Apple iPad purchase

T-Mobile would provide up to 200 megabytes of free data downloads to those who would buy the latest Apple iPad.

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JPMorgan Chase & Co

JPMorgan nears settlement deal with institutional investors- source

A source told Reuters that JPMorgan Chase & Co was nearing a settlement deal with institutional investors that included BlackRock, Pacific Investment Management and Neuberger Berman.

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Netflix CEO Reed Hastings

Netflix hopes to reach agreement with Comcast, other pay TV operators for streaming service

Netflix CEO Reed Hastings said he hoped to ink a deal with Comcast and other pay television providers in the US for its streaming services.

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Twitter Inc

Twitter's attrition rate poses risk for investors in IPO- report

Twitter quitters would prove to be a challenge to investors in the social media site's upcoming IPO, a report said.

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US Treasury Secretary Jack Lew

Treasury Secretary says shutdown must never happen again

Jack Lew, Secretary of the Treasury, said a government shutdown must not happen again.

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F-35 Lightning II

Boeing, Lockheed partner for Air Force bomber program bid

Boeing Co and Lockheed Martin Corp said they had formed an alliance to bid for the US Air Force long-range bomber program.

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JPMorgan Chase & Co

JPMorgan may not yet see end to criminal probe- sources

Sources told Reuters that the end to the probe of JPMorgan's criminal liability about the mortgage bonds it issued in the financial crisis could be far from over.

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Hewlett-Packard Co

HP files case against optical disk drive companies for rigging prices

HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010.

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Dendreon Corp

Dendreon Corp seeks buyers- sources

Provenge-maker Dendreon Corp was in the process of finding buyers, people with knowledge of the matter told Bloomberg.

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Bitstrips spurs mixed reactions on Facebook

Social media users love and hate Bitstrips.

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Facebook mobile app Bitstrip fever catches on

Bitstrips, a Facebook mobile application, surged in popularity among social media users.

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