Monthly Archives: September 2011

10 million more mortgages set to default, expert says « HousingWire

Amherst Securities Group analyst Laurie Goodman recently tesified before a Senate Subcommittee on Housing, Transportation and Community Development regarding the current state of the US housing market, namely the glut of foreclosed properties that currently exists. Goodman told lawmakers one … Continue reading

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10 million more mortgages set to default « HousingWire

From Housing Wire: Tuesday, September 20th, 2011, 10:39 am Roughly 10.4 million mortgages, or one in five outstanding home loans in the U.S., will likely default if Congress refuses to implement new policy changes to prevent and sell more foreclosures, … Continue reading

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Dodgers ask bankruptcy court to approve rules for TV rights auction – The Washington Post

Dodgers ask bankruptcy court to approve rules for TV rights auction – The Washington Post: By Associated Press, Published: September 16 WILMINGTON, Del. — The Los Angeles Dodgers have asked a federal bankruptcy judge to approve procedures for the team … Continue reading

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Student loan default rates jump

This news is pretty alarming, especially since it is very difficult to discharge student loans in bankruptcy. The student loan default rate increased to 7.2% from 6% at public institutions. From the Associated Press: September 13, 2011 The number of … Continue reading

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Four lawyers and their marketing firms shut down amid fraud accusations

From the September 2011 of The California State Bar Journal: Four lawyers and their marketing firmsshut down amid fraud accusations By Nancy McCarthyStaff Writer The State Bar of California and Attorney General Kamala Harris last month shut down the operations … Continue reading

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