A program in Philadelphia to avert residential mortgage foreclosures has saved almost 60% of its participants from losing their homes in a sheriff’s sale, officials said Tuesday.
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Archive for June, 2009
Philadelphia program saves 60% of homes from foreclosure (USA Today)
Tuesday, June 30th, 2009Obama administration sets wide scope for consumer agency (Reuters via Yahoo! News)
Tuesday, June 30th, 2009A new U.S. agency would have sweeping powers to write and enforce tough consumer protection rules for banks, mortgage lenders and other financial institutions under proposed legislation the Obama administration sent to Congress on Tuesday.
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What the Legislature did (The Oregonian)
Tuesday, June 30th, 2009Here’s a rundown of new legislation:…
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Treasury sets wide scope for new consumer agency (Reuters via Yahoo! News)
Tuesday, June 30th, 2009The U.S. Treasury on Tuesday sent Congress proposed legislation to create a new regulatory agency with sweeping powers to write and enforce tough new consumer protection rules for banks and other financial institutions.
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US-POLITICS Summary (Washington Post)
Tuesday, June 30th, 2009Franken declared Senate winner, Coleman concedes
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FICO Scores Show Flaws as U.S. Banks Cut Credit Lines (Update1) (Bloomberg)
Tuesday, June 30th, 2009June 30 (Bloomberg) — When Sharii Rey, a paralegal in Portland, Oregon, had her credit limit reduced by JPMorgan Chase & Co. earlier this month, she said it would hurt her 760 credit score. That’s not the bank’s problem, she was told. It’s FICO’s.
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NY to launch mortgage probe (CNN Money)
Tuesday, June 30th, 2009Supreme Court says attorney general can investigate whether minorities had tougher time securing loans.
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House approves bill to fight rising foreclosures (The Oregonian)
Tuesday, June 30th, 2009SALEM–In response to the state’s rising number of foreclosures, the Oregon Legislature approved a bill on Monday that would require mortgage lenders to meet with borrowers before foreclosing on their home. The House overwhelming voted in favor of Senate Bill…
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FICO Scores Show Flaws as U.S. Banks Cut Consumer Credit Lines (Bloomberg)
Tuesday, June 30th, 2009June 30 (Bloomberg) — When Sharii Rey, a paralegal in Portland, Oregon, had her credit limit reduced by JPMorgan Chase & Co. earlier this month, she said it would hurt her 760 credit score. That’s not the bank’s problem, she was told. It’s FICO’s.
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First Advantage Receives Buyout Offer (Zacks.com via Yahoo! Finance)
Tuesday, June 30th, 2009Shares of First Advantage Corp. are trading higher today after receiving a buyout offer from First American Corp. .
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