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From the Dispatch
Jun 05, 2008Giving into corporate efforts to protect banking interests, Minnesota Governor Tim Pawlenty vetoed SF 3396, which would have put a temporary hold on foreclosures while still requiring borrowers to make payments on their loans. The bill would have required homeowners with a sub-prime or negative...
Apr 17, 2008Faced with total and continued inaction on the federal level, Maryland enacted a series of emergency measures earlier this month to combat the foreclosure crisis in the state.
Jan 14, 2008The statistics are shocking. The current mortgage crisis is expected to result in the foreclosure of 3 million homes. In Stockton, CA, one in every 27 homes has been hit by the foreclosure crisis. And, Countryside, the largest U.S. mortgage lender, just released figures showing that foreclosures...
Apr 19, 2007We highlighted the problems of predatory lending industry a few weeks ago and now, problems are coming to light with the student loan industry. In one of the more egregious examples, Student Loan Express, a student loan company that is a unit of CIT Group, Inc, is alleged to have paid...