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The Surety Bond Blog

Category Archives: Commercial Bonds

Discussing all commercial bond types, including, but not limited to: auto dealer bonds, contractor license bonds, license and permit bonds, mortgage broker bonds, mortgage banker bonds, money transmitter bonds, telephone solicitor bonds, and more.

22
Apr
2014

New Insurance Minimums Discussed by the FMCSA

  The minimum insurance requirements for trucking are bound to change soon, as the FMCSA has formed a team to review the current situation and reevaluate them. The new study is a response to MAP-21, the 2012 highway law. The standard for general freight since 1985 has been $750,000. For dangerous hazmats, it’s set at $5 read more »




21
Apr
2014

Lease Deals: Three Tips How to Make the Best of Them

pedrosimoes7 / Foter / Creative Commons Attribution 2.0 Generic (CC BY 2.0) Auto dealerships can make a good profit from lease deals – it’s just a matter of doing it right. With these three tips, your dealership will be better suited to benefit from them. First of all, it’s not likely that you will make read more »




18
Apr
2014

Applications for New Home Purchases Increased in March

CC Chapman / Foter / Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0) Despite a slowdown in the annual rate of new home sales, there was a 15% increase in new home applications in March in comparison with the previous month. The new data comes from the Mortgage Bankers Association (MBA) and shows optimistic signs read more »




17
Apr
2014

Trucking Employment on the Rise

EronsPics / Foter / Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0) Employment in the trucking industry increased in March, as did the national employment as a whole, according to the U.S. Labor Department. 3,300 new jobs were added in for-hire trucking in March. This means a 1.8% increase in trucking employment from a year ago. The positive read more »




16
Apr
2014

Closed Chrysler Dealerships Seek Compensation

khalid almasoud / Foter / Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0) The federal bailouts of Chrysler and General Motors involved the closedown of many dealerships, which meant that many franchises had to go out of business forcefully. Now 148 Chrysler dealers are seeking compensation from the federal government for their losses. The dealers’ read more »




15
Apr
2014

Mortgage Rates Are at Their Lowest Point in a Month

401(K) 2013 / Foter / Creative Commons Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0) Last week saw mortgage rates falling to their lowest levels in a month at a quite fast pace. This was due to better rate sheets presented by lenders. The 30-year fixed rate moved between 4.375% and 4.5%, but then stabilized around 4.375% read more »