State one of leaders in payday stores per capita, creates vicious cycle for low income people.
Via Federal Fraud? No Problem!! @ Dad29.
At issue is information that major mortgage-servicing companies have given to the city and community groups like Common Ground that suggest there are hundreds of properties that are delinquent on loans or are underwater, meaning property owners or the holder of the mortgage owe more than the home is worth. Via City officials warn of…
Via Did JPMorgan Thank You? @ Dad29.
Via Elizabeth Warren: Obama sided with Wall Street over people losing their homes @ Blogging Blue.
Every $250 in monthly household student loan debt payments reduces that household’s home purchasing power by $44,000, the study by John Burns Consulting in Irvine projected. Via Student loan debt costing U.S. housing market $83 billion annually in lost home sales, study says @ JS School Zone Blog.
Court records show foreclosure filings in Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha counties totaled 2,857 in the first six months of 2014, the lowest level for a half-year span since 2,820 were recorded in 2006. Filings peaked in the seven-county region at 6,292 during 2009. Via Foreclosures recede to pre-crisis level for first…
One can imagine two contending explanations. The first is that the whole lending process became too complicated. A bunch of hubristic whiz kids thought they could eliminate risk through algorithms rather than traditional tools like underwriting and requiring down payments. This involved creating a complicated ownership structure for packaged loans – so no one would…
A San Francisco-based brokerage service announced on Thursday a new marketplace where investors can buy and sell shares linked to the value and performance of the brand of an athlete. Via Want a piece of Aaron Rodgers? It could happen through stock @ JS Business of Sports Blog.
The Wisconsin Happy Farm recently received the following email explaining the plight of a young farming couple. Wisconsin has a long history of family farming, and with that history comes stories of both success and decline. Zack and Bethany Schultz have recently found themselves at such a crossroads: faced with the declining health of their…
The WI Court of Appeals asks the WI Supreme Court: “Once again we have been asked to draw the line of unconscionability for short-term loans with very high interest rates, and once again we believe the question is appropriately addressed to our supreme court,” reads the certification by a panel consisting of judges Brian Blanchard,…
Foreclosures down 54% y-o-y. Via April foreclosure filings in Dane County down 54% for 9th consecutive drop @ State Journal Property Trax blog
How much money does the failing Baraboo museum really want? Via Historical Society Stonewalls About Circus Museum Lobbying Efforts @ Media Trackers.
Mirage. Via Dad29.
March, year over year. Via Milwaukee Journal Sentinel.
They really need money. Via Milwaukee Journal Sentinel.
Oh, brother. No whether the depositor’s sticking with the Tri-City Bank. Via Brookfield Patch.
Everyone involved fully clothed. Via WMTV.
Only offered info on a phone number for inquiries beginning last week. Via Milwaukee Journal Sentinel.
Via Channel 3000.
Via Eau Claire Leader-Telegram.
Via Wisconsin Radio Network.