
In 2011, and in response to the “robo-signing” scandal that would eventually lead to the National Mortgage Settlement, Nevada became the first state to do something legislatively that served to reduce the number of foreclosures dramatically.
The bill, AB 284, required banks to sign affidavits stating that the person signing had personal knowledge
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Leon Cooperman has never been afraid to blow his stack. In fact, his volcanic tendencies are so well known on Wall Street that almost no one was fooled when the late Barton Biggs, Morgan Stanley's longtime market strategist, introduced a character named Greg in Hedgehogging, a 2006 investment memoir. "Greg has a reputation of being difficult to
...Alan Abelson wrote singularly original and often brilliant commentary about stocks and markets, but to me, he was at his most magnificent in penning deeply thoughtful tributes to recently departed friends. There was nothing quite like the Abelson treatment, so spot-on in describing the very essence of those he had admired, and so very moving. We
...Ryder System [1] is on a roll.
For the past four quarters, profits at the commercial-truck leasing and logistics company have outpaced expectations because of stronger rental demand and an increase in the number of miles driven per lease. Rentals from a broad swath of industries have started to pick up, along with the flow of goods on North
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The 18 states designated as being those “hardest hit”by the foreclosure crisis were given a total of $7.6 billion in February of 2010. The money was to be used by the states to help homeowners through various programs designed by the states and approved at the federal level.
As last year ended, “about $1 billion” of that money had been spent, acc
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