Storm-Washing: The New Bank Ploy to Milk Foreclosure Relief PR In Storm-Wrecked Areas

By: Tuesday November 6, 2012 6:25 am

Ever since Superstorm Sandy, we’ve seen the phenomenon of storm-washing from our finance sector. That’s when banks decide to capitalize on the storm and generate some good PR by offering extended reliefto homeowners in the storm’s path. Banks are offering extended relief to homeowners in areas affected by superstorm Sandy in the form of loan [...]

FHFA Bullying States into Making Foreclosures Faster

By: Friday September 21, 2012 7:43 am

The Federal Housing Finance Agency has decided to raise guarantee fees from Fannie Mae or Freddie Mac on mortgages in states that respect the rule of law. Really, that’s about the size of it. As Shahien Nasiripour points out today, the g-fees will go up in five states that have slowed the foreclosure process by [...]

Connecticut Poised to Abolish Death Penalty

By: Thursday April 5, 2012 6:17 am

Almost imperceptibly, and despite nominal support nationally for capital punishment, states are, one by one, abolishing the death penalty, citing the risks of executing innocents, the inherent biases in the system, and the extreme costs. Legislatures in New Jersey, New Mexico and Illinois have abolished the death penalty in recent years, and the courts in [...]

HUD Continues Defense of Allowing HAMP Modifications as Part of the Foreclosure Fraud Settlement

By: Wednesday February 22, 2012 11:06 am

The pushback from the Administration on one particular story arising from the foreclosure fraud settlement has been pretty intense. You cannot say that Shahien Nasiripour doesn’t have the attention of HUD. Today, they devoted an entire blog post (unsigned, from “HUD Public Affairs”) to refuting Nasiripour’s story in the Financial Times (which they don’t link, [...]

Connecticut, Vermont Move Forward on Their Own Health Care Options

By: Friday January 7, 2011 1:30 pm

With talk of repealing health care in the air, I thought it would be a good time to look at a couple New England states going in the opposite direction: Vermont and Connecticut. Both of them are in the midst of designing or recommending alternatives to the private health care market, which could go all [...]

Connecticut Suspends All Foreclosures; BofA Close to Doing the Same

By: Friday October 1, 2010 2:09 pm

This story is moving fast. First to Connecticut, where Attorney General Richard Blumenthal (also running for US Senate) just put a halt to all foreclosures from all banks. California followed suit on a limited basis, with the banks that have already suspended evictions while they review their processes. Connecticut Attorney General Richard Blumenthal on Friday [...]

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