Word: bankses
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Miami Gardens officials acknowledge that they don't know what percentage of their at-risk homeowners have gotten loan modifications. (Williams' ordinance would also require the banks to provide that data.) But the spike in foreclosure signs tells them it's too few. And given the city's grinding 15...
But the city of 110,000 people just north of Miami is staring at another figure today: a 13% home-foreclosure rate. That's the second highest in Florida, a state that now has the nation's highest rate of homes - 23% - either in foreclosure or delinquent on mortgage payments...
For that reason, Williams believes those lenders need to step up and do more to help struggling local homeowners revise their loans and hang on to their houses - and he wants to give his frustrations some legal teeth. Williams has proposed a city ordinance that could penalize banks that fail...
Despite his grass-roots support, it's uncertain if Williams can muster a council majority next month to pass the ordinance, which would likely be the first such law to emerge amid the Great Recession. (A Pennsylvania judge last year mandated a program in Philadelphia that requires lenders there to...
Mao’s Little Red Book: The Square today is all commercial banks, but it wasn’t always this way. In the fifties and sixties, Harvard was known as the Kremlin on the Charles, and rebellious students occupied administration buildings (witness the monstrosity that is riot-proof...