Kris Alingod – AHN News Contributor Washington, DC, United States (AHN) – Beneficiaries of a $1.25 billion settlement of a discrimination case between the government and black farmers have begun receiving notifications, bringing a decades-old class action lawsuit a step closer to conclusion. The Agriculture Department settled the historic case, known as Pigford II, in [...]
Archive for the ‘Lending News’ Category
Notifications sent to farmers in Pigford II discrimination settlement
June 8th, 2011 
davidguide 
Posted in Lending News 
Tags: Agriculture, Alingod, Bill, census, congressional research service, discrimination, discrimination settlement, farm loan programs, Lending, michelle bachman, Timothy Pigford, Tom Vilsack, usda census 
Comments OffBanks pushing unnecessary loans: report
June 5th, 2011 davidguide Fairfax media. The report said a national survey showed more than half of all bank employees had steered a customer toward a product they didn’t need. View full post on All Stories
Posted in Lending News Tags: banks, Fairfax, fairfax media, Loans, national survey, Post, product, report, Stories, View Comments OffObama to visit Toledo to highlight resurgence of American auto industry
June 5th, 2011 davidguide Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – President Barack Obama on Friday heads to Toledo to tour Chrysler’s Assembly Complex there to extract maximum political mileage from the fact that just over a week after Chrysler Group LLC paid off its federal bailout loan of $7.6 billion. Paving the way [...]
Posted in Lending News Tags: american auto industry, bailout loan, chrysler group, Decision, gm ford, half, industrial heartland, Lending, political mileage, principle, stake, U.S. Treasury, White Comments OffTwo Houston men sentenced in mortgage fraud case
June 2nd, 2011 davidguide Adrian Levale Cole, 40, and Albert Terrance Watkins, 47, were behind a scam to purchase several residential properties in the Houston area through fraudulent mortgage loans, officials said. View full post on All Stories
Posted in Lending News Tags: area, case, fraud case, houston area, houston men, Mortgage, mortgage fraud, mortgage loans, Post, residential properties, Stories, View, watkins Comments OffEmbattled Dodgers’ owner Frank McCourt makes payroll
June 1st, 2011 davidguide Jim Keller – AHN Sports Reporter Los Angeles, CA, United States (AHN Sports) – The once-proud Los Angeles Dodgers organization seems safe … for a little while longer anyway. According to a report by ESPN Tuesday, embattled owner Frank McCourt got advances from team sponsors to meet the Dodgers’ payroll for May. This came after [...]
Posted in Lending News Tags: baseball commissioner bud, commissioner bud selig, Dodgers', Embattled, frank mccourt, jamie mccourt, June, los angeles dodgers, major league baseball commissioner, payroll, safe, Times, troubled franchise Comments OffWhite House Lauds Chrysler Bailout Repayment
May 30th, 2011 davidguide This week’s repayment of $7.6 billion in government loans by Chrysler Corporation six years ahead of schedule is evidence of a resurgent U.S. manufacturing sector, Vice President Joe Biden said in Saturday’s White House address. View full post on All Stories
Posted in Lending News Tags: address view, chrysler bailout, chrysler corporation, evidence, government loans, joe biden, Manufacturing, Post, president joe, sector, View, White, white house address Comments OffWomen ‘key’ to water projects
May 30th, 2011 davidguide Polonnaruwa, Sri Lanka (IRIN) – Women could prove key to the success of Sri Lanka’s rural water and sanitation projects, experts and villagers say. As a five-year project to reduce time spent collecting water and to ensure safe drinking water jointly launched by the Asian Development Bank (ADB) and Sri Lankan government comes to a [...]
Posted in Lending News Tags: asian development bank, Association, drainage board, eastern batticaloa, Involvement, Percent, polonnaruwa district, safe drinking water, sanitation, sanitation projects, sri lankan government, Supply, water Comments OffWashington state bank is shut; 44 failures in 2011 (AP)
May 28th, 2011 davidguide AP – Regulators on Friday shut down a small bank in Washington state, pushing to 44 the number of U.S. bank failures this year in the wake of a severe recession and mounting troubled loans. View full post on All Stories
Posted in Lending News Tags: bank failures, Loans, Post, recession, Regulators, state, state bank, Stories, u s bank, View, wake, washington state bank Comments OffForeclosure Contractors Face New Scrutiny From States
May 27th, 2011 davidguide ProPublica Staff United States (ProPublica) – by Marian Wang While federal and state officials investigating flawed foreclosures have largely focused on holding the banks accountable and bringing relief to wronged homeowners, officials in a few states have begun targeting the more obscure middlemen of the foreclosure scandal. Prosecutors in California and Illinois have sent subpoenas [...]
Posted in Lending News Tags: attorney general lisa madigan, Bank, consent order, Firm, illinois attorney general, illinois attorney general lisa madigan, LPS, mdash, Mortgage, mortgage documents, mortgage processing, scandal, state Comments OffReport shows nearly a quarter of nation’s foreclosures are in Florida
May 27th, 2011 davidguide Palm Beach Post Thursday, May 26, 2011 WEST PALM BEACH — Nearly a quarter of the nation’s home foreclosures have Florida addresses, leaving the Sunshine State with the largest chunk of the country’s mortgage problem. The number of Florida loans in foreclosure — 466,454 — is more than the total number of loans in 22 [...]
Posted in Lending News Tags: Association, chunk, florida loans, home, Mortgage, mortgage bankers association, mortgage delinquencies, mortgage problem, national foreclosure, palm beach post, problem, report, West Palm Beach Comments Off