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Financial crisis will prolong state's pain - Detroit NewsHope among many Michigan economists that the state could see a mild economic recovery late next year is being wiped away by mounting fears of a global recession. The state's jobless rate could hit 10 percent next year, climbing into double digits for ...
Cox Announces Michigan Settlement With Mortgage Lender Countrywide - EarthtimesCountrywide to pay nearly $10 million , providing assistance for more than 10,000 struggling Michigan families LANSING, Mich. , Oct. 6 /PRNewswire-USNewswire/ -- Attorney General Mike Cox today announced a major settlement between the State of ...
Bank of America will aid homeowners who had mortgages from Countrywide - MLive.comLANSING -- More than 9,700 Michigan home buyers who got mortgages from Countrywide Financial will be eligible to refinance their mortgages under a legal settlement announced Monday. Michigan joined several other states in settling a suit initiated in ...
Middle class is mired in debt - Detroit Free PressBoth have been humbled by bad debt, the thread that ties the economic struggles of ordinary Americans to the once-venerable financial houses brought to their knees in recent weeks. It was Berthet's mortgage foreclosure, multiplied by at least a ...
Michigan homeowners could get relief from predatory lending - WZZM 13LANSING, Mich. (WZZM)- Michigan Attorney General Mike Cox announced a major settlement Monday between the State of Michigan and Countrywide Financial, the nation's largest mortgage lender. State officials say the settlement will provide relief for 10 ...
ACORN and the mortgage mess - La Grange Daily NewsThe financial markets were teetering on the edge of an abyss last week. The secretary of the Treasury was literally on his knees begging the speaker of the House not to sabotage the bailout bill. The crash of falling banks made the earth tremble. The ...
Foreclosure Victims May Lose Votes as Well - Inter Press ServiceDETROIT, Michigan, Oct 13 (IPS) - An alleged purge of registered voters, many of whom lost their homes to bank foreclosure, in the state of Michigan has prompted a lawsuit and calls in Congress for a Justice Department investigation. At the centre of ...
Send To: - Inter Press ServicePOLITICS-US: Foreclosure Victims May Lose Votes as Well Bankole Thompson DETROIT, Michigan, Oct 13 (IPS) - An alleged purge of registered voters, many of whom lost their homes to bank foreclosure, in the state of Michigan has prompted a lawsuit and ...
Mortgage relief deal - Chicago Sun-TimesNearly 11,000 Illinoisans with Countrywide mortgages -- most of them in the Chicago area -- are expected to get help to avoid foreclosure after Countrywide's new owner, Bank of America, agreed to an $8.7 billion settlement with Illinois and 10 other ...
Illinois AG says mortgage lawsuit deal is model - Seattle TimesA loan modification program that's part of an $8.7 billion national settlement over deceptive mortgage practices will help tens of thousands of borrowers stay in their homes and could be a national model, Illinois Attorney General Lisa Madigan said ...
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