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BofA, JPMorgan in Mortgage Accord, Citigroup in Court News
Bank of America Corp. , JPMorgan Chase & Co. (JPM) and three other U.S. banks reached a $25 billion settlement with 49 states and the U.S. government to end a probe of abusive foreclosure practices stemming from the collapse of the housing bubble.
www.bloomberg.com
Cliffs reorganizes to get back on course
The Cliffs Communities Inc. will reorganize in bankruptcy court and developer Jim Anthony said he expects to cede control of his golf course projects to a Texas couple, who pledge to move forward with a Gary Player-designed course in Greenville County.
greenvilleonline.com
Business briefs for Feb. 10
Tampa port gets $22.5M for terminal project
www2.tbo.com
Stephens filed for bankruptcy before exit
Before he announced last year that he was leaving office and wouldn't seek re-election, former state Rep. Ron Stephens filed for Chapter 13 bankruptcy protection.
www.bnd.com
Ron Stephens filed for bankruptcy before leaving Illinois House
Before he announced last year that he was leaving office and wouldn't seek re-election, former state Rep. Ron Stephens filed for Chapter 13 bankruptcy protection.
www.bnd.com
Take steps to clear up bankruptcy problems
Q. I am in the worst kind of financial hardship. My wages are already being garnished, which makes it difficult to keep up with mortgage and utilities. I can't file bankruptcy because I don't have the money to pay, and my mortgage is now behind. My credit score is low- to mid-500s. I don't know what to do. I am applying for loans but keep getting turned down. I pleaded with the debt collection ...
www.detroitnews.com
Much of Cliffs Communities being sold, investors hope to restart sales
Steve Carlile talks about the Cliffs: The Cliffs Communities Inc. will reorganize in bankruptcy court and developer Jim Anthony said he expects to cede control of his golf course projects to a Texas couple.
www.citizen-times.com
Debt Adviser: Steps to take to resolve your bankruptcy
Dear Debt Adviser, I am in the worst kind of financial hardship. My wages are already being garnished, which makes it difficult to keep up with mortgage and utilities. I can't file bankruptcy because I don't have the money to pay, and my mortgage is now behind. My credit score is in the low to mid-500s. I don't know what to do. I am applying for loans but keep getting turned down. I pleaded with ...
www.redding.com
Top Justice officials linked to mortgage banks
Top Justice Department officials were partners for years at a Washington law firm that represented a Who's Who of big banks and other companies at the center of alleged foreclosure fraud.
www.msnbc.msn.com
1 in 6 bankruptcies is filed in California
California had 15,803 bankruptcy filings in January, more than 2.5 times as many as the second highest state, Florida, according to American Bankruptcy...
www.ocregister.com
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