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  • Obama taps Cordray to head CFPB Monday, July 18, 2011 @ 5:42PMPresident Barack Obama has nominated the first director of the new Consumer Financial Protection Bureau, or CFPB, created by the Dodd-Frank Wall Street Reform and Consumer Protection Act he signed into law last year.
  • Michigan foreclosures plummet Thursday, July 14, 2011 @ 12:14AMForeclosure activity in Metro Detroit plunged in June and fell by double digits statewide for the first six months of the year, according to a report released today, a sign of a dark cloud that will hover next year over the housing market and economy.
  • Tomorrow's Monster Stock? Wednesday, July 13, 2011 @ 3:05PMA list of promising companies chosen by investors who've already picked stocks that beat the market with huge gains.
  • The One Newsworthy Part Of The FOMC Minutes: Some Members Could Support QE3 Tuesday, July 12, 2011 @ 1:14PMThe FOMC Minutes are out. Read them below.
  • U.S. Attorney's Office targets Oakland mortgage fraud Wednesday, June 29, 2011 @ 12:05AM“On an annual basis, we know more money is stolen at the nip of a pen than the barrel of a gun,” Oakland County Assistant Prosecutor Paul Walton said Tuesday.
  • June 24 golf event to benefit Eaton County non profit Tuesday, June 21, 2011 @ 12:23PMCHARLOTTE - For the 11th straight year, Housing Services for Eaton County (HSEC), a 501 (c) 3, non-profit, will be the recipient of the proceeds from the Eaton Federal Savings Bank's Charity Golf Outing.
  • One in Three Homes for Sale in This Housing Market Tuesday, June 21, 2011 @ 12:20PMBy taipan. I live in a rural town where a neighboring plot of mixed farmland on 36.5 acres is going for about $4,600 an acre. There are also several homes and smaller bits of land for sale in the area. I always keep an eye out for places that come on the housing market. Read more » »
  • No headline - matter_of_record Thursday, June 16, 2011 @ 10:58PMDEED OF TRUST
  • Michigan Foreclosures Defy National Trend In May Thursday, June 16, 2011 @ 6:04AMForeclosure activity in the state and Metro Detroit defied the national trend in May, with the state posting a 12.5 percent increase from April, while the national rate of troubled homeowners dropped 2 percent.
  • Daily Pfennig: Kiwi Reaches A Post-Float High! Tuesday, May 31, 2011 @ 9:40AM* Germany to push aid to Greece… * Bank of Canada to meet today… * Australia to print a negative growth report? * Recession has ended? And, Now, Today’s Pfennig For Your Thoughts!
  • Soft Patch Pronounces Itself Tuesday, May 31, 2011 @ 2:14AMThe past week saw more data points that confirmed the soft patch, although most economists are optimistic of a bounce back from the slackness. Higher oil prices and the natural disaster in Japan are largely considered responsible for the setback and therefore, it is seen as transient phenomena. Since then oil prices have underwent some degree of correction.
  • Settlement on Military Foreclosures Wednesday, May 25, 2011 @ 9:03PMSubsidiaries of Bank of America and Morgan Stanley will pay scores of service members at least $22 million for violating a law on foreclosures.
  • Foreclosures at 40-Month Low Thursday, May 12, 2011 @ 7:46AMNEW YORK (MainStreet) -- Foreclosure activity decreased by 9 percentage points to a 40-month low in April, according to new data released Thursday by Realty Trac, a firm that monitors the foreclosure market.In total, 219,258 U.S. properties were in some stage of foreclosure -- including default notices, scheduled auctions and bank repossessions -- with one in every 593 U.S. housing units ...
  • Home Sellers Become U.S. Lenders of Last Resort for Credit-Damaged Buyers Tuesday, May 10, 2011 @ 11:28PMSue and Douglas Reed knew no bank would give them a mortgage -- not with a bankruptcy and two foreclosures fresh in their credit history.
  • Growth Likely Slowed as Fuel Costs Rose Saturday, April 23, 2011 @ 11:40PMA report this week will show that the U.S. economy probably grew at a slower pace in the first quarter as a jump in gasoline prices caused consumers to cut back
  • U.S. Growth Likely Slowed as Fuel Costs Rose Saturday, April 23, 2011 @ 11:40PMThe U.S. economy probably grew at a slower pace in the first quarter as a jump in gasoline prices caused consumers to cut back, economists said a report this week will show.
  • Economy in U.S. Probably Slowed as Fuel Costs Caused Consumers to Cut Back Saturday, April 23, 2011 @ 11:28PMThe U.S. economy probably grew at a slower pace in the first quarter as a jump in gasoline prices caused consumers to cut back, economists said a report this week will show.
  • JPMorgan Settles Military Mortgage Suits for $56 Million Thursday, April 21, 2011 @ 4:08PMJPMorgan Chase & Co., one of the lenders criticized over improper foreclosures on military families’ homes, agreed to pay $56 million to settle claims it overcharged service members on their mortgages.
  • Mid-Michigan afternoon links: Easter chicks for rent Wednesday, April 20, 2011 @ 2:24PMHere's a roundup of this afternoon's news and weather from around mid-Michigan.
  • Home foreclosures up in Mississippi Thursday, April 14, 2011 @ 11:45AMLenders took back the property of just over 700 Mississippi homeowners during the third quarter of 2010, a national company that tracks foreclosures reported Thursday.
  • Stocks dragged down by banks, technology Thursday, April 14, 2011 @ 11:16AMU.S. stocks fell Thursday as the world's largest banks fell under more government scrutiny. Big-cap technology names also weighed on the market.
  • Illinois foreclosures fall in 1st quarter of 2011 Thursday, April 14, 2011 @ 10:39AM(AP:CHICAGO) Illinois home foreclosure activity fell almost 28 percent in the first quarter of 2011 compared to the same period last year. A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 33,092 foreclosure filings in the first quarter.
  • Illinois foreclosures fall in 1st quarter of 2011 Thursday, April 14, 2011 @ 10:20AMIllinois home foreclosure activity fell almost 28 percent in the first quarter of 2011 compared to the same period last year.
  • Stocks dragged down by banks, technology Thursday, April 14, 2011 @ 8:53AMU.S. stocks fell Thursday, as the world's largest banks fell under more government scrutiny, dragging down the broader market. Big-cap technology names also weighed on the market.
  • Local foreclosures on rise Thursday, April 14, 2011 @ 8:48AMForeclosure activity in Illinois was on the rise againhttp://chicagobreakingbusiness.com/wp-admin/post.php?action=edit&post=37682&message=6st last month, after a slowdown earlier this year caused by investigations into lenders’ foreclosure processes.
  • Illinois foreclosures falls in first quarter of 2011 Thursday, April 14, 2011 @ 8:38AMIllinois home foreclosure activity fell almost 28 percent in the first quarter of 2011 compared to the same period last year.   A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 33,092 foreclosure filings in the first quarter. Filings include default notices, auction-sale notices and bank repossessions.
  • Illinois foreclosures fall in first quarter of 2011 Thursday, April 14, 2011 @ 8:38AMIllinois home foreclosure activity fell almost 28 percent in the first quarter of 2011 compared to the same period last year.   A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 33,092 foreclosure filings in the first quarter. Filings include default notices, auction-sale notices and bank repossessions.
  • Stocks set for lower open as banks slump Thursday, April 14, 2011 @ 7:55AMU.S. stocks were expected to take a hit early Thursday, as the world's largest banks fell under more government scrutiny and dragged on equity markets, and the Labor Department reported an expected increase in jobless claims.
  • Stocks set for lower open, banks slump Thursday, April 14, 2011 @ 5:59AMU.S. stocks were expected to take a hit early Thursday, as the world's largest banks fell under more government scrutiny and dragged on equity markets.
  • Michigan finance commissioner quits post Wednesday, April 13, 2011 @ 6:51AMMichigan Office of Financial and Insurance Regulation Commissioner Ken Ross said Wednesday he is quitting on Friday.
  • US consumer confidence falls to three-month low Tuesday, March 29, 2011 @ 3:27PMConfidence among US consumers dropped more than forecast in March as fuel costs surged to the highest level in more than two years.
  • Consumer morale ebbs, home prices near 2009 lows Tuesday, March 29, 2011 @ 1:36PMU.S. consumers turned gloomy in March as rising energy prices ignited fears of inflation, which could dent consumption and economic growth.
  • US consumer morale slips, home prices fall Tuesday, March 29, 2011 @ 8:19AMHome prices fall for 7th straight month in Jan. 30 Mar 2011 10:46 AM
  • Fitch Affirms Brighton, MI LTGO's and ULTGO's at 'AA-'; Outlook Negative Tuesday, March 22, 2011 @ 1:32PMNEW YORK--(BUSINESS WIRE)--As part of its continuous surveillance effort, Fitch Ratings takes the following rating action on Brighton, MI's (the city) limited tax general obligation (LTGO) Building Authority bonds and unlimited tax general obligation (ULTGO) bonds: --$550,000 LTGO Building Authority bonds, series 1996, affirmed 'AA-'; --$200,000 ULTGO bonds, series 1996, affirmed at 'AA ...
  • Fitch Affirms Brighton, MI LTGO's and ULTGO's at 'AA-'; Outlook Negative Tuesday, March 22, 2011 @ 1:21PMAs part of its continuous surveillance effort, Fitch Ratings takes the following rating action on Brighton, MI's limited tax general obligation Building Authority bonds and unlimited tax general obligation bonds:
  • Foreclosure notices drop 14% to 36-month low Thursday, March 10, 2011 @ 8:13AMRealtyTrac says 255,101 U.S. properties received foreclosure notices as banks worry about lending scrutiny
  • February foreclosures decline by one-third in Michigan Thursday, March 10, 2011 @ 1:59AMForeclosure rates throughout Michigan and Metro Detroit dropped by a third in February, not because more people are paying their mortgages on time but because lenders are struggling to ensure the foreclosure process is fair and legal.
  • Foreclosure activity slows sharply in February; Nevada still tops nation in foreclosures Wednesday, March 9, 2011 @ 7:40PMLOS ANGELES (AP) - The number of U.S. homes in some stage of foreclosure fell last month to a 36-month low, as lenders delayed taking action against homeowners amid heightened scrutiny over banks' handling of home repossessions.
  • Underwater Mortgages Rise as Home Prices Fall; Nevada Worst Tuesday, March 8, 2011 @ 2:30PMThe number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market. The worst in the country is Nevada.
  • Nonprofit forms mortgage unit, aims to revive home lending in Detroit Sunday, March 6, 2011 @ 7:25PMSherri Welch - Southwest Housing Solutions has created a low-profit mortgage originator that it hopes will help attract lenders back to Detroit, funders say.
  • Iraq veteran, who was foreclosed on during active duty, fights back Thursday, March 3, 2011 @ 4:55PMVAN BUREN COUNTY, Mich. (NEWSCHANNEL 3) – A soldier from Van Buren County, a man who has served more than 25 years in the Michigan National Guard is now in the midst of a different battle here at home.
  • Discount for foreclosed homes widened in 2010 Monday, February 28, 2011 @ 12:58PMBuyers can expect to see more bargains this year, according to listing firm
  • Today's Moment Of Lunatic Insight Comes From Bill Dudley: "Fed Not To Blame For Emerging Market Inflation" Monday, February 28, 2011 @ 8:37AMFormer Goldman managing director, and current uberhead of the Fed Ponzi extend and pretend efforts, Bill Dudley, gets the prize for today's moment of lunatic brilliance. Some choice quotes from a speech delivered to the NYU Stern Busines School: Fed is not an exporter of inflation and not to blame for inflation in emerging markets It would be unwise for the Fed to overreact to recent commodity ...
  • Stocks Advance on Mubarak Resignation Sunday, February 13, 2011 @ 2:53AMInvestors globally breathed a sigh of relief as Egyptian president Mubarak stepped down.
  • Deployed troops should be protected from foreclosure Friday, February 11, 2011 @ 6:36AMWASHINGTON  There are millions of sad stories in the collapse of the nation’s housing market and the often-heartbreaking foreclosures that continue.
  • Home Foreclosures Jump 12% in January Thursday, February 10, 2011 @ 7:30AMLenders foreclosed on 78,133 properties in January, but the industry remains backlogged by investigations into the foreclosure process.
  • Foreclosure activity up across most US metro areas Monday, January 31, 2011 @ 11:21AMForeclosure activity up across most US metro areas - LOS ANGELES - The foreclosure crisis is getting wo
  • Foreclosures were up in Kalamazoo and elsewhere in 2010, tracking firm says Thursday, January 27, 2011 @ 9:31AMThere were 2,935 foreclosure filings in the Kalamazoo-Portage metropolitan area, according to foreclosure property tracker RealtyTrac Inc.
  • Job Woes Driving Up Foreclosure Activity Thursday, January 27, 2011 @ 9:18AMThe foreclosure crisis is getting worse as high unemployment and lackluster job prospects force homeowners in an increasing number of U.S. metropolitan areas into dire financial straits. Foreclosure activity jumped in more than half of the largest metropolitan areas last year, a new report says.
  • Four people injured in traffic accident on Interstate 10 in Banning Tuesday, January 25, 2011 @ 9:02PMTwo patients were taken to the hospital following the 4:54 p.m. accident on the I-10 east of Ramsey Street, Calfire reported.