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Bill would limit number of payday loans to any one borrower
A bill before the California Legislature would restrict the number of payday loans to any one borrower — an attempt to break the "debt cycle" that ensnares some of the state's poorest residents. Senate Bill 515 would bar the high-cost, short-...
Tags: Economy, Business and Finance, Lou Correa, Hannah-Beth Jackson, Consumers, Finance
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Loss-share agreements abuse public
In November 2011, I wrote a column about FDIC loss-share agreements and how banks who exploit them were reaping windfalls while prolonging the foreclosure crisis, depressing property values and harming American families. The FDIC took issue with my...Tags: Justice System, Foreclosures, Mortgages, Loans, Judges
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Imperial Valley school districts benefit from $1,000 donations
Enhanced library resources, exercise mats, as well as funding for arts and college and career placement programs at six school districts throughout the Valley will benefit from $1,000 grants. The grants were presented to representatives of seven local...
Tags: Schools, Business Institutions, Valley Bank, Bank of America Corp.
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Professor Yunus to receive Congressional Gold Medal
This week, Professor Muhammad Yunus will become only the seventh person in history to receive the Nobel Peace Prize, the Presidential Medal of Freedom and the Congressional Gold Medal. Congress will present Professor Yunus with the Gold Medal to honor his...Tags: Dick Durbin, Entertainment Events, Nobel Prize Awards, Awards and Prizes
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Economist Zandi said to be candidate for key federal housing post
WASHINGTON -- Economist Mark Zandi reportedly is being considered by the Obama administration to head the federal agency that oversees taxpayer-owned Fannie Mae and Freddie Mac as the White House seeks a candidate who could avoid Republican opposition...
Tags: Republican Party, Services and Shopping, Politics, Washington, DC, John McCain
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Deeds for April 14 2013
BOYLE Deeds filed recently in the office of Boyle County Clerk Trille Bottom include: Robert and Cheryl Sinkhorn to Joseph E. and Jessica Conder, 12.446 acres in Boyle County, $140,000. PNC Bank National Association and Ella Mae Dexter, through J....Tags: Springs, Federal National Mortgage Association, Deutsche Bank AG, Highway Transportation, Bank of America Corp.
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Home-building boom returning to Southern California
Morning light revealed pitched tents and scattered sleeping bags in front of the sales offices of luxury builder Woodbridge Pacific Group. Attracted by a dozen new Huntington Beach homes touted as "starting in the low 1,200,000s," about 15 hopefuls...
Tags: Museum of Modern Art, Conservation, Environmental Issues, Arts, Homes
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L.A., other hot housing markets are getting frothy, report says
Kelly Hamon recently beat out several other home shoppers for a cream-colored North Hollywood home. But the victory came at a steep cost. Frustrated after getting outbid five times by all-cash buyers, Hamon ultimately bid $47,000 more than the asking...
Tags: Services and Shopping, Homes, Manhattan (New York City), Washington, DC, Realty
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FHA may need $943-million bailout
WASHINGTON — The Federal Housing Administration helped stabilize the real estate market after the subprime bubble and lay the groundwork for the recovery — and now the bill for taxpayers might be coming due. The Obama administration's...
Tags: Services and Shopping, Homes, Marketing, Washington, DC, Federal Bailout Funds
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Boxer urges investigations into banks' mortgage pact adherence
Saying too many homes have been lost “to bank malfeasance or error,” Sen. Barbara Boxer called for federal investigations into whether banks are breaking the consumer-protection pledges they made in last year’s $26-billion settlement...Tags: Shaun Donovan, Malpractice, Mortgages, Citigroup Incorporated, Bank of America Corp.
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Shift in investment thinking has some folks keeping their retirement funds in stocks
Not too many years ago, many retirees believed it was OK to be a stock market investor in your working years, but after retiring, it was critical to keep assets safely away from the market's inherent risk and volatility. Today, for many reasons, many...
Tags: Pension and Welfare, Financial Markets, Personal Finance, Politics, 401K
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RealtyTrac: U.S. home repossessions fell in March
LOS ANGELES (AP) — The number of U.S. homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation's foreclosure crisis is abating amid an improving housing market. While some states...
Tags: Foreclosures
Apr 17, 2013
|Story| Los Angeles Times
Apr 14, 2013
|Column| South Florida Sun-Sentinel
Apr 15, 2013
|Story| Imperial Valley Press Online
Apr 15, 2013
|Story| Chicago Tribune
Apr 15, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| AM News
Apr 13, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 8, 2013
|Story| Chicago Tribune
Apr 11, 2013
|Story| Petoskey News
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