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Deal doesn't end big banks' troubles
The $25 billion foreclosure agreement between big banks and state attorneys general marks a turning point for lenders, including Charlotte's Bank of America Corp., looking to move beyond their mortgage woes, some industry experts say.
www.charlotteobserver.com
Experts disagree on what comes next after big banks' $25B deal
The $25 billion foreclosure agreement between big banks and state attorneys general marks a turning point for lenders, including Charlotte's Bank of America Corp., looking to move beyond their mortgage woes, industry experts say.
www.heraldonline.com
Hooters Las Vegas, creditor fight over $100 million 'deficiency'
A bankruptcy judge is weighing whether Nevada’s new law on “deficiency judgments” will apply to the auction of the Hooters hotel-casino in Las Vegas. The Legislature last summer passed Assembly Bill 273 in what was billed as an effort to help homeowners losing their homes to foreclosure. With so many homeowners underwater in their mortgages, the Legislature limited deficiency judgments to help ...
www.vegasinc.com
Greece crushing its people: How much more can it cut?
Government agrees to new austerity measures
www.theglobeandmail.com
West Bridgewater selectmen chairman loses home to foreclosure
After losing his family home to foreclosure, Selectmen chairman Jerry Lawrence says he plans to stay in West Bridgewater and run for re-election.
www.wickedlocal.com
Amy B. Dean: How "Occupy Our Homes" Can Win
Since so many people in America are dealing with insecurity about their homes, the shift to doing foreclosure prevention and anti-eviction actions allows new groups of people with a clear sense of their own connection to the struggle to engage with the Occupy movement.
www.huffingtonpost.com
What Happens When You Walk Away From Your Home?
Does it make sense to keep paying a massive mortgage, knowing that it might be decades before a home regains its prior value?
finance.yahoo.com
The Tax Implications of Foreclosures
Bischoff: In Part 1 of a two-part series, we look at the federal tax implications of a principal residence foreclosure.
www.smartmoney.com
Struggling Homeowners' New Exit Strategy: Short Sales
Here's what cash-strapped homeowners need to know about the short-sale process and the consequences of these sales.
www.foxbusiness.com
Yves Smith: The Top 12 Reasons Why You Should Hate the Mortgage Settlement
This settlement is yet another demonstration of who wields power in America, and it isn't you and me. It's bad enough to see these negotiations come to their predictable, sorry outcome. It adds insult to injury to see some try to depict it as a win for long suffering, still abused homeowners.
www.huffingtonpost.com
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