Oct 28 Foreclosure Issues Elicit Strong Debate Name: John Magill Question: In response to your Oct.14 article on foreclosures and specifically the woman who may lose her New York home but had taken $500,000 out of it. I know she had a $6,000 water main break… Continue reading
Oct 28 Thursday: Indonesia Tsunami Death Toll Rises; Foreclosures Up in Cities Villagers find shelter under a destroyed house on the Mentawai Islands in West Sumatra. Photo by Bay IsmoyoAFP/Getty Images. The death toll from the tsunami that struck Indonesia rose to 343 Thursday as more bodies were found on… Continue reading
Oct 27 Watch French Retirement Shift Stokes Strong Emotions Mildrade Cherfils of GlobalPost gives details on what's to come after the French Parliament voted in favor of pension reform. Continue watching
Oct 27 Watch French Parliament Passes Retirement Reform Despite heated street protests, France's parliament voted in favor of pension reform, including an increase in the retirement age from 60 to 62. Continue watching
Oct 27 Pensions Pose Major Challenge for Governments Worldwide From France to San Francisco, pension reform is hot. What once was an arcane, wonky topic has become a political and social flashpoint in elections and - as in France - in the streets. Across the nation,… Continue reading
Oct 27 Your Mortgage Questions Answered: Consumer Lawyer Max Gardner Editor's Note: In Show Me the Mortgage, Paul Solman talked to "the dean of the bankruptcy bar," North Carolina lawyer Max Gardner, about the possibly fraudulent paperwork banks are under investigation for using. Gardner answers viewer and reader… Continue reading
Oct 27 Your Mortgage Questions Answered: Consumer Lawyer Max Gardner Editor’s Note: In Show Me the Mortgage, Paul Solman talked to “the dean of the bankruptcy bar,” North Carolina lawyer Max Gardner about the faulty and possibly fraudulent paperwork mess banks are being accused of. Gardner agreed to… Continue reading
Oct 27 Tsunami, Volcano Kill at Least 300 in Indonesia; Storms Hit Midwest, South Volunteers search for victims after Mount Merapi erupted near Yogyakarta, Indonesia. Photo by Ulet Ifansasti/Getty Images. A thick layer of dust coated villages on the Indonesian island of Java after Mount Merapi began spewing lava and ash on Tuesday. Continue reading
Oct 26 Nightmarish Stories of Mortgage Modification Woes By Elizabeth Shell The idea that bank paperwork can weigh you down is nothing new. But the foreclosure cases we've come across lately sound downright Kafka-esque. A homeowner trying to modify her mortgage is told to fax documents to a certain department. Soon… Continue reading
Oct 25 Watch Big Banks Resume Foreclosure Paperwork Major banks across the country continue to dig through internal documents to show that foreclosures have been properly handled following accusations of faulty paperwork. Binyamin Appelbaum of the New York Times gives more details on the investigation into flawed foreclosure… Continue watching