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A collection of news and information related to Financial and Business Services published by this site and its partners.
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Heer's foreclosure auction attracts no bidders besides mortgage holder
news@kspr.comSPRINGFIELD, Mo. -- No person or company placed a bid on Monday afternoon on the building that used to be Heer’s Department Store -- except the investment company that held the mortgage on it. On the other hand, the auctioneer didn't expect...Tags: Justice System, U.S. Department of Housing and Urban Development, Crime, Law and Justice, Lawyers, Property
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READER SUBMITTED: Tara Scott Joins LPL Financial As Financial Consultant Representing American Eagle Financial Services
West HartfordTara Scott of West Hartford, has been hired as a Financial Consultant with LPL Financial to represent American Eagle Financial Services. Tara has 15 years of experience in the financial services industry and is a registered Investment Representative with...Tags: Economy, Business and Finance, Bloomfield (Hartford, Connecticut), Northwestern Mutual, New Britain, Tolland (Tolland, Connecticut)
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BRIEF: Taxpayers foot the bill for bank foreclosure costs in $1 billion homeowner help plan
The Palm Beach PostBanks are getting tens of millions of taxpayer dollars through Florida's key foreclosure prevention program to pay down borrower debt, but are also using the money to pay off their own attorney's fees and other costs associated with taking back people's...Tags: Palm Beach (Palm Beach, Florida), West Palm Beach, Mortgages
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Orlando woman lied about military service to avoid paying mortgage, feds say
No lie was too big to tell for an Orlando woman who wanted a new home in Pensacola, but didn't want to pay the mortgage for her Orlando home, federal officials said. Chantal M. Lanton, 37, of Orlando is accused of falsely claiming to be an officer in the...
Tags: Judges, U.S. Air Force, Justice System, Trials, U.S. Department of Justice
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Missing Boca attorney had ties with companies facing FTC lawsuit
Missing Boca Raton attorney Timothy McCabe once had ties to what federal authorities have described as a web of South Florida businesses that financially preyed on people desperate to avoid foreclosure, the Sun Sentinel has found. McCabe got some of his...
Tags: Business, Economy, Business and Finance, Prosecution, Trials, Defendants
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Some foreclosed-upon homeowners getting mortgages
The Tampa TribuneStuck renting for a few years, Tampa Bay area residents who had a foreclosure during the housing crash are buying homes again. Among them is Xiomara Mewa of Tampa. A former loan officer, her finances tumbled five years ago when the lenders she worked...Tags: Credit and Debt, Homes, Credit Ratings, Economy, Business and Finance, Rentals
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Smaller and cheaper
The Baltimore SunBALTIMORE - Greg Cantori plans to downsize when he retires. Really, really downsize. His retirement home is 238 square feet -- one-tenth the size of the average new American house -- and sits in his Anne Arundel County, Md., yard. He and wife, Renee,...Tags: Homes, Roland Park, Rentals, Baltimore County, Pasadena (Anne Arundel, Maryland)
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Northumberland County: Madison Court owes $14K in back taxes
The News-Item, Shamokin, Pa.The Shamokin Housing Authority (SHA) will go back to Northumberland County Court over Madison Court Apartments, this time to have a disputed debt removed from the property. SHA filed a civil complaint May 10 against the Northumberland County Tax...Tags: Judges, Financially Distressed Companies, Economy, Business and Finance, Rentals, Justice System
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Inland Empire's unemployment rate falls to 9.6 percent, 900 jobs added
San Bernardino County Sun, Calif.Related story: L.A. County's jobless rate under 10% for first time in 4 yearsThe Inland Empire's unemployment rate fell to a 4 1/2-year low of 9.6 percent in April and the region added 900 jobs, the state Employment Development Department reported Friday....Tags: Adecco SA, Employment, National Government, Employment Opportunities, Economic Indicator
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Big banks provide cash for payday loans
Star TribuneFast cash is a few clicks away for Minnesotans at the popular CashNetUSA website, where a two-week loan for $100 carries an annual percentage rate of about 390 percent. To many critics, the terms are outrageous and usurious. But they are typical in...Tags: Credit and Debt, Office of the Comptroller of the Currency, Dollar Financial Corporation, Economy, Business and Finance, U.S. Securities and Exchange Commission
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When short sales leave sellers short
Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a...Tags: Economy, Business and Finance, Fannie Mae, Freddie Mac, U.S. Consumer Financial Protection Bureau, Real Estate
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Floridians could net $19 million in Wells Fargo settlement
A group of South Florida attorneys has negotiated a projected settlement of more than $19 million to resolve a class-action case brought on behalf of thousands of homeowners across the state who, through their Wells Fargo Bank mortgages, were subjected to...
Tags: Justice System, Palm Beach (Palm Beach, Florida), Insurance, Pompano Beach, Crime, Law and Justice
Apr 22, 2013
|Story| KSPR-TV
May 18, 2013
|Story| Hartford Courant
May 19, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| Orlando Sentinel
May 18, 2013
|Story| South Florida Sun-Sentinel
May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| South Bend Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| Hartford Courant
May 17, 2013
|Story| South Florida Sun-Sentinel
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