Archive for April 21st, 2013

InlandPolitics: An American fraud – Foreclosure review fleeces borrowers

Treasury

Sunday, April 21, 2013 – 01:00 pm.

The situation surrounding the now highly-publicized Independent Foreclosure Review (IFR) heated to a boiling point this past week, when affected homeowners started receiving checks meant to help offset improper and illegal foreclosure practices leveled at them by banks.

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Magnifying Glass

By Jon Ortiz
jortiz@sacbee.com
Published: Sunday, Apr. 21, 2013 – 12:00 am | Page 1A
Last Modified: Sunday, Apr. 21, 2013 – 7:19 am

Despite the Brown administration’s edict last year to sweep out nearly all retirees from the state workforce, more than two dozen departments still use them to fill some of the highest-paying positions in government, according to state data reviewed by The Bee.

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METRO

Daniel Borenstein

By Daniel Borenstein, staff columnist
Posted: 04/19/2013 09:00:00 AM PDT
Updated: 04/21/2013 05:10:33 AM PDT

City officials try to have it both ways.

They blame their pension woes on the mighty California Public Employees’ Retirement System. But when CalPERS tries to do the right thing, as we just saw, cities drag their feet like petulant children.

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By AMY CHOZICK
Published: April 20, 2013 325 Comments

Three years ago, Charles and David Koch, the billionaire industrialists and supporters of libertarian causes, held a seminar of like-minded, wealthy political donors at the St. Regis Resort in Aspen, Colo. They laid out a three-pronged, 10-year strategy to shift the country toward a smaller government with less regulation and taxes.

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By Lew Sichelman
April 19, 2013

The lending landscape shifted measurably this month when the standard-bearer for first-time buyers and low-to-moderate income borrowers became more expensive than its private business counterpart.

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