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Articles from Karen Anne | Selfgrowth.com
- Federal Grant for Legal Assistance to the Indigent in Foreclosure and Other Civil Cases Facing Reduction - by Submitted on May 04, 2012 from Karen AnneFederal grant for legal assistance to the indigent in foreclosure and other civil cases is facing reduction According to The National Law journal it seems Congress will cut spending for Legal Services Corporation. It is biggest among the agencies that give monetary assistance to those who are ...
Views: 713 - August Sees Foreclosures Once More Marching Full Speed Ahead - by Submitted on May 03, 2012 from Karen AnneAugust has seen a surge in issuance of foreclosure notices although there has been a modest decline in auctions and repossessions. This surge could indicate that banks are picking up where they paused due to the robo-signing scandal. The worst affected states are Arizona, Nevada and California ...
Views: 604 - Many Mortgage Firms of Stanislaus Have Downed Shutters - by Submitted on Apr 19, 2012 from Karen AnneThe Center for Responsible Lending has conducted a study whose report ‘Lost Ground, 2011: Disparities in Mortgage Lending and Foreclosure’ has shown that the Latinos were targeted by predatory lending by the mega banks in Stanislaus County. The brokers engaged by the banks were given high ...
Views: 946(1 vote) - Foreclosure Battered Nevada State Will Be the Main Battleground for 2012 Elections - by Submitted on Apr 18, 2012 from Karen AnneForeclosure battered Nevada State will be the main battleground for 2012 presidential elections. A debate will be held by the Republican camp in the glittering casinos of the state but the focus will be on the foreclosure hit localities that lie beyond the bright lights of Las Vegas. Las ...
Views: 731 - Foreclosures Negatively Impact on Every Neighbourhood of Madison - by Submitted on Apr 10, 2012 from Karen AnneEvery neighbourhood of Madison is negatively impacted by foreclosures said Sheri Carter the chairperson of South Metropolitan Planning Council. The problems escalate when the occupants exit and the ownership hangs in a state of limbo lost in a maze made up of packaged loans and investments that ...
Views: 760(3 votes) - Foreclosure Cases Numbering Thousands in Limbo a Year Following Collapse of Foreclosure Mill - by Submitted on Apr 09, 2012 from Karen AnneForeclosure cases numbering thousands are in limbo even after a year following collapse of ‘foreclosure mill’ – the legal firm of David J.Stern in Florida. Four months prior to the official pulling down of the shutters on his firm Stern, the King-of-Foreclosures knew that his throne had ...
Views: 729(2 votes) - After an Ordeal of Seven Months 101 years Old Woman Gets Back her Foreclosed House - by Submitted on Apr 09, 2012 from Karen AnneAfter an ordeal of seven months 101 years old Texana Hollis of Michigan got back her foreclosed house. With tears she re-entered the home her husband had purchased following WWII; seven months previously she had been evicted. Foreclosure had forced her out of the house that had been her home ...
Views: 708(2 votes) - Occupy Movement Start Disrupting Foreclosure Auctions - by Submitted on Apr 03, 2012 from Karen AnneThe Occupy moment has now started to disrupt foreclosure auction. The activists interrupted the bidding outside court in Norwalk chanting ‘Shame on you’ and ‘Banks got bailed out. We got sold out’. The houses put up for auction belong to either the banks or title firms. Many times per week ...
Views: 793(2 votes) - Foreclosures Linked to Stress Related Ailments as Per Research - by Submitted on Apr 02, 2012 from Karen AnneAs per research conducted for a year, it has been found that there is a distinct link between foreclosures and stress related ailments. It is positively pronounced in the regions worst hit by the crisis like Florida and California. Maria Gaitan of Consumer Credit Management Services ...
Views: 784(2 votes) - Tribe Woman Admits to Foreclosure - by Submitted on Mar 28, 2012 from Karen AnneRhonda Mills of Mashpee Wampanoag Tribe, challenged in court the right of US National Bank Association to evict her. The bank had bought the house in a foreclosure auction but Mills contention is that the mortgage had not been legally transferred to the bank by the originator of the loan, ...
Views: 826(3 votes) - Detailed Audit of 400% of San Francisco County Foreclosures - by Submitted on Mar 27, 2012 from Karen AnneDetailed audit report on San Francisco County reveals nearly all the foreclosure files that were checked showed up gross irregularities; some were so serious that these foreclosures should be voided said San Francisco assessor-recorder Phil Ting. The report seems to give a mini picture about the ...
Views: 726(2 votes) - Cheers for the Foreclosure Settlement - by Submitted on Mar 16, 2012 from Karen AnneThere are cheers for the foreclosure settlement calculating to $25 billion. The step was finalized on 9th February pushing the country beyond the crisis that had kicked off the Great Recession – the worst in decades. The deal was signed with five mega banks and 49 attorneys general as well as ...
Views: 667(2 votes) - The OWS Movement Against Foreclosure - by Submitted on Mar 15, 2012 from Karen AnneThe Occupy Wall Street movement against foreclosure related crisis is one of the biggest expressions of public rage in USA since the Civil War and anti-Vietnam protests. Currently after nearly fifty years a major section of the people are voicing their anger with the falling socio-economic ...
Views: 628(2 votes) - Florence Town Near Phoenix is Seeing Crossing of Swords - by Submitted on Mar 15, 2012 from Karen AnneResidential construction work by two companies, Pulte Group and Southwest Value Partners has stalled since the economic downturn. At this juncture Curis Resources Ltd, based in Vancouver in British Columbia bought adjacent land for purposes of copper mining. The developers said that although ...
Views: 648(2 votes) - Record Drought in Texas and Extra Slaughtering to Meet Demand from China - by Submitted on Mar 12, 2012 from Karen AnneTexas has experienced the worst drought in the history of the state. It has also seen the worst decline in numbers of cowherds indicating that price of beef will shoot up; demand remains high while the number of animals has declined. Since 1st January this year the cow numbers had gone down ...
Views: 637(2 votes) - Numbers of Homeless Kids Swelling - by Submitted on Mar 09, 2012 from Karen AnneWith increase in number of homeless kids, America is beginning to look like a third world. A recent report by the National Center on Family Homelessness of Needham (Massachusetts) 1.6 million kids are out there on the streets living out life in America in 2010; some were in motels and shelters ...
Views: 699(3 votes) - The Deadline for the Settlement Over Foreclosure Abuses - by Submitted on Mar 07, 2012 from Karen AnneThe deadline for the settlement between banks and the administration over foreclosure abuses has been set for 3rd February. The states will have to make up their minds by that date – to be in it or not be in it. The amount could be around $25 billion. Officials from the state and federal ...
Views: 692(3 votes) - The Truth About Foreclosure Abuses of the Banks - by Submitted on Feb 24, 2012 from Karen AnneAbout one year previously Eric Schneiderman teamed up with other attorneys general of all the states to sue five mega banks for foreclosure abuses that became exposed with the robo-signing scandal. The target was to give relief to millions of house owners who had been wrongly foreclosed upon by ...
Views: 720(3 votes) - Lower Foreclosure Rate Seen in 2011 Across the US - by Submitted on Jan 27, 2012 from Karen AnneA nationalized company maintaining the records of foreclosure activities of the country released a report recently where it has been stated that the number of foreclosure filings in the country has moved down by about 40% in 2011 in comparison to 2010. However, real estate experts said that ...
Views: 611(3 votes) - Occupy Activists Occupying Houses and Settling in it Needy Families - by Submitted on Jan 13, 2012 from Karen AnneThe Occupy activists in New York and elsewhere are actually occupying houses and settling in needy families like that of Tasha Glasgow, while the police look on.New York apartment blocks are ideal for these squatters. Tasha has returned to the apartment where she once stayed as tenant. When ...
Views: 715(3 votes) - People Clamoring Against Foreclosures, Want Extension of Unemployment Benefits - by Submitted on Jan 09, 2012 from Karen AnneThe US real estate industry is yet to pick up. Foreclosures are rampant, and so is unemployment. The Federal Government had come up with a program by which loans of homeowners were being modified, first on an experimental basis of three months, and then permanently; but its success rate has not ...
Views: 678(3 votes) - Anti-Foreclosure Occupy Movement Enters its Next Phase - by Submitted on Dec 22, 2011 from Karen AnneThe anti-foreclosure Occupy movement enters its next phase of actually occupying residences courting arrests. Anthony Newby one of the organizers in Minneapolis has taken up cudgels on behalf of Bobby Hull formerly a Marine, whose house has been foreclosed and auctioned off. Hull will be evicted ...
Views: 646(3 votes) - Even if Foreclosure Related Documents are Faulty the Borrowers - by Submitted on Dec 16, 2011 from Karen AnneAlthough uncertainty persists there are preliminary indications that the settlement amount could be around $25 billion; $5 billion will be cash and around $20 billion set aside for refinancing and lowering principal. The cash would reimburse the regulators (federal and state) to help the ...
Views: 618(3 votes) - The Leases Pertaining to Oil and Gas are Hardly Covered by Consumer Protection Rules - by Submitted on Dec 12, 2011 from Karen AnneThe gas and oil drilling companies have been leasing land from landowners but misunderstandings have arisen about the clauses in the deeds. The landowners contend that they have been tricked into leases that are ultimately causing damage to the land. This has led to the eruption of legal battles ...
Views: 503(1 vote) - Possible for Shoppers to Buy Houses on their Own Without the Help of Agents - by Submitted on Dec 06, 2011 from Karen AnneAfter many years of caution the buyers of residences are no longer sitting on the fence but wading into the housing market, testing the waters. But surprisingly this time they are venturing forth on their own without the help of any agent. It has been the conventional practice of home ...
Views: 573(1 vote) - Attorneys General are Against a Proposal - by Submitted on Nov 30, 2011 from Karen AnneThe attorneys general of thirty states of America are up in arms against a proposal pertaining to class-action settlement. If admitted this would make it tougher for the law enforcing officials of the state to control the debt collecting firms. Last February an agreement was reached with ...
Views: 644(2 votes) - California Budget Sees Cuts in Education and Health Care - by Submitted on Nov 25, 2011 from Karen AnneJust prior to the beginning of the new fiscal year, Governor Jerry Brown (Democrat) of California inked a budget – a one-time package that is quite rare. It includes emergency plans to make deeper spending cuts in education funds if the optimistic predictions of the economy fail to ...
Views: 663(2 votes) - Young Veterans Returning from the War Battling Unemployment - by Submitted on Nov 21, 2011 from Karen AnneYoung male veterans returning from the war fields of Afghanistan and Iraq are now battling unemployment; good jobs are hard to come by. Two of the disillusioned are Thomas Jones and Vincent Moore aged twenty five and thirty one respectively. They are full of thanks that at least for now they ...
Views: 535(3 votes) - Globalization has Made the Economy Many Times Larger than the Pioneering Days of Capitalism - by Submitted on Nov 14, 2011 from Karen AnneThe downgrading of the top credit rating of America has made the entire world shudder; already it has been lashed by the economic downturn. The experts are chuckling. They had accused the bankers for the crisis. Now they are accusing the politicians for this downgrading. As far as they go, the ...
Views: 569(3 votes) - It is High Time that Instead of Waiting Further Business Should Jump In - by Submitted on Nov 08, 2011 from Karen AnneThe situation is just ripe for business to jump in instead of waiting further. When the economy in Germany tanked following the financial crisis of 2008 the pain was resolved by a plan named Kurzarbeit – meaning short work. Instead of discharging workers, the German firms reduced their hours ...
Views: 619(2 votes) - Who will Generate Jobs? The Democrats? Really? - by Submitted on Nov 01, 2011 from Karen AnneWill the Democrats really generate jobs as their leader Obama claims? A little bit of nosing around could deny or affirm this. When the aft part of the airplane Dreamliner arrived at last there was a flurry of activity among the 5,000 non-union workers as they got down to assembling the first ...
Views: 517(1 vote) - The Republican Legislatures Want to Eradicate All the Foreclosure Prevention Plans - by Submitted on Oct 24, 2011 from Karen AnneAlthough critics have been harsh on Obama’s foreclosure prevention programme of HAMP they laud the federal programme of Hardest Hit Fund with a fund of $7.6 billion. The dollars would be given to those states that have been worst hit by the foreclosure epidemic. From it 70% would be for the ...
Views: 559(4 votes) - The Unemployed are Looking for Protection from Bias in the Job Field - by Submitted on Oct 21, 2011 from Karen AnneThe unemployed are looking for protection from bias in the job field. One of them is Selena Forte. She had been enrolled as unemployed for two years. Then she located a temporary job that was in tune with her qualifications in a delivery firm. Forte is in her mid fifties and hails from ...
Views: 595(3 votes) - Homeless Seek Shelters in Motels as Foreclosures Swamp Cities - by Submitted on Oct 14, 2011 from Karen AnneThe US economy is in doldrums. With the rise in unemployment people are faltering on mortgage payments. As a result, foreclosures have become very common. As banks take over properties, the homeowners just do not have any place to go. They are taking refuge in motels. Take for instance, ...
Views: 825(3 votes) - Foreclosure Postponement is Not Solving the Problem in the Long Run - by Submitted on Sep 29, 2011 from Karen AnneForeclosure postponement is not solving the problem in the long run and this has been the pivotal point of concern for the Obama team trying to prevent the menace. With each passing day this concern is being proved to be true. There were 930,000 foreclosure postings in the first three months ...
Views: 610(4 votes) - The First Family Church Losing Building and All in it to Foreclosure - by Submitted on Sep 19, 2011 from Karen AnneThe First Family Church in Kansas City is losing its building and all in it to foreclosure. It was once referred to as the fastest growing church in the country. The announcement was made on Sunday 4thSeptember. Rev. Jerry Johnston founded the Overland Park church. Its final service will it held ...
Views: 681(1 vote) - The Foreclosure, Unemployment and Bankruptcy Figures of Nevada are the Highest in the Nation - by Submitted on Sep 13, 2011 from Karen AnneThe leaders of Nevada gave a sobering picture of the health of the state covering a wide range of topics from education to budget problems. The Great Recession’s impact on the state was discussed during a testimony lasting 7 hours in front of an investigating panel of the feds probing into the ...
Views: 559(1 vote) - In New Jersey Four Banks have Been Given the Green Signal to Restart Foreclosure Operations - by Submitted on Aug 22, 2011 from Karen AnneA state judge gave the ruling that the lenders can restart their foreclosure operations on defaulting homeowners. The judge added that she was sure that the banks would not engage in robo-signing again. Mary C. Jacobson (General Equity Judge) said that Wells Fargo, JP-Morgan Chase, Citibank and ...
Views: 722(2 votes)