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Nevada Legislature Considers Passing its Own Homeowner Bill of Rights

In 2011, and in response to the “robo-signing” scandal that would eventually lead to the National Mortgage Settlement, Nevada became the first state to do something legislatively that served to reduce the number of foreclosures dramatically.

The bill, AB 284, required banks to sign affidavits stating that the person signing had personal knowledge

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South Carolina’s Hardest Hit Funds Farce… Failing but Finally Changing?

The 18 states designated as being those “hardest hit”by the foreclosure crisis were given a total of $7.6 billion in February of 2010.  The money was to be used by the states to help homeowners through various programs designed by the states and approved at the federal level.

As last year ended, “about $1 billion” of that money had been spent, acc

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Bill Moyers is joined by the heads of two independent watchdog groups keeping an eye on government as well as on powerful interests seeking to influence it. Sheila Krumholz, executive director of the Center for Responsive Politics and OpenSecrets.org , and Danielle Brian, who runs the Project on Government Oversight , talk to Bill about the...

Saturday, 18 May 2013 |

The Savings Heist

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By Sell on News, a macro equities analyst. Originally posted at MacroBusiness .

One of the puzzles of the global financial crisis has been that there has been no push for debt to equity swaps. In previous crises, most notably the Latin American debt crisis of the 1980s, arguably the beginning of the modern era of hyper usury and financial debauch...

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Cross-posted from Testosterone Pit . Contributed by Chriss Street : Specialist in corporate reorganizations and turnarounds, former Chairman of two NYSE listed companies. His latest book, The Third Way , describes how to achieve management excellence and financial reward by moving organizations from Conflict and Confrontation to Leadership and...

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Bill to End Foreclosure Mediation In Missouri Passes… Wake Up, Missouri

Here’s what can happen when people get lulled into a false sense of security listening to the news stories about how our housing markets have rebounded and foreclosures are down… we risk losing the things that are helping homeowners.

When the foreclosure crisis began, and for the first few years as foreclosures continued unabated, foreclosure

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One Bank Did Right by Homeowners & Shareholders – A Story You Haven’t Heard Before

 

We all know what happened as a result of the mortgage market melt down[1] that began during the summer of 2007… we’re still nursing our wounds, millions have lost homes, millions are still at risk of foreclosure.

We all remember TARP and the taxpayer funded bailouts of Wall Street’s largest investment and commercial banks almost like it happened y

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On October 11 & 12, the University of Illinois College of Law will host the 12th annual Midwestern Law & Economics Association conference. The event consists of law professors and economists presenting papers with varying degrees of law-and-economics content, ranging from empirical analyses and formal economic modeling to legal philosophy...
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