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Bill Would Remedy Supreme Court Ruling, Restore Consumers’ Rights to Justice Through Courts |
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Wednesday, 18 May 2011 |
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Rep. Hank Johnson, Sens. Franken and Blumenthal Introduce Legislation to Protect Legal Rights of Consumers
"Consumers fighting for fundamental rights against giant corporations deserve their day in court," said Sen. Blumenthal. "This new law would protect countless consumers in Connecticut and around the country from powerful companies that take advantage of them. When individuals have legitimate claims against big corporate interests, they have the right to a level playing field. " |
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Arbitration Fairness Act 2011 Filed |
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Wednesday, 18 May 2011 |
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Stand Up For Your Rights
Sens. Al Franken (D-Minn.) and Richard Blumenthal (D-Conn.) and U.S. Rep. Hank Johnson (D-Ga.) will hold a press conference to announce the introduction of legislation that would remedy a recent Supreme Court ruling and restore consumers rights to seek justice in the courts. Their bill, called the Arbitration Fairness Act, would eliminate forced arbitration clauses in employment, consumer, and civil rights cases, and would allow consumers and workers to choose arbitration after a dispute occurred. |
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New York Times: The billions of dollars in credit extended by Wall Street |
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Wednesday, 18 May 2011 |
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New York Investigates Banks Role in Financial Crisis
The New York attorney general has requested information and documents in recent weeks from three major Wall Street banks about their mortgage securities operations during the credit boom, indicating the existence of a new investigation into practices that contributed to billions in mortgage losses. The possibility has also been raised that the banks did not disclose to mortgage insurers the risks in the instruments they were agreeing to insure against default. Another potential area of inquiry the billions of dollars in credit extended by Wall Street to aggressive mortgage lenders that allowed them to continue making questionable loans far longer than they otherwise could have done.
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Texas HOA Reform Nears Passage |
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Wednesday, 18 May 2011 |
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HOA Reform Coalition Supports CSSB 142
Priority of Payments Provision would apply payments in this order: 1) any delinquent assessments; 2) any current assessment; 3) any attorney fees or third party collection costs. Homeowners have been trying to get meaningful legislation for more than a decade. The present laws have allowed HOA abuse and tens of thousands of foreclosures across the state - devastating to both homeowners and to property values. |
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Million-Dollar Wasteland: A Washington Post Investigation |
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Sunday, 15 May 2011 |
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A trail of stalled or abandoned HUD projects
The federal governments largest housing construction program for the poor has squandered hundreds of millions of dollars on stalled or abandoned projects and routinely failed to crack down on derelict developers or the local housing agencies that funded them. Nationwide, nearly 700 projects awarded $400 million have been idling for years, a Washington Post investigation found. Some have languished for a decade or longer even as much of the country struggles with record-high foreclosures and a dramatic loss of affordable housing. |
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Sunday, 15 May 2011 |
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Homeowners group fights Marine familys banner
In January, following Corey Burrs deployment to Afghanistan, Burr and her husband, Timothy, put up a large multi-colored banner with their 20-year-old sons Marine Corps portrait and the phrase Our son defends our freedom in front of their south Bossier home. The couple received a letter a month later from the Gardens of Southgate Association stating the banner was in violation of the neighborhoods covenants. The covenants specify only real estate signs are permitted...the associations attorney, Geoffrey Westmoreland, informed her she had 10 days to remove the sign or litigation could ensue. |
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Pulte-Centex Giant and $900 MILLON Grant |
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Saturday, 14 May 2011 |
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Nation's largest home builder asked to account for $900 million grant
In 2010 Pulte Group received $900 million from the Worker Home Ownership and Business Assistance Act of 2009. Pulte had lobbied for the bill's passage. The act was intended by Congress and President Obama to be a job-creation measure. One year later, workers are still waiting for those jobs. While Dugas remains free to enjoy the life a salary and compensation of $6.6 million (his total for 2010) can bring, a coalition of labor, faith and social justice advocates are increasingly putting Pulte in the spotlight. And, their anger is growing. |
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Homebuilder Association Official and Friends Life of Crime |
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Saturday, 14 May 2011 |
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Bogus lawmen
Four men have been charged with committing armed robberies at homes in Wilkes and two other area counties after displaying bogus search warrants, falsely portraying themselves as law enforcement officers and binding many of their victims with zip ties... Collins was state director of the Wilkes County Home Builders Association in 2009, president of the association in 2010 and is currently a regional vice president of the N.C. Homebuilders Association. He was identified as owner of CNC Construction Co., which was dissolved by the N.C. Secretary of States office in 2004. |
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Arbitration Fairness Act filed |
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Friday, 13 May 2011 |
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Senators Al Franken, Richard Blumenthal and Cong.Hank Johnson file the Arbitration Fairness Act 2011
Pre-dispute Binding Mandatory Arbitration (BMA), also called Forced Arbitration, is an insidious way for employers and companies to evade accountability to clients, employees, and consumers. It's a practice, which traps people into waiving their rights to sue, participate in a class-action lawsuit, or to appeal an unfair ruling. |
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Pulte-Centex Sinking Feeling: Homes Sinking, Cracking In NE Neighborhood |
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Friday, 13 May 2011 |
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Fairhaven Residents Fear Further Damage To Homes, Retaining Walls
"The house is moving and sinking," said Brian Benavides. "It's scary," said Peggy Benavides.The Benavides said they found cracks in their new home, contacted Pulte and the builder came in and tore the home apart, patching cracks, filling holes and putting dozens of beams underneath to support the foundation. Still, the couple questions whether the cracking and shifting will continue. They said the problem has returned slowly because the land is sinking and sliding. The playground wall has already been repaired and so has the sidewalk. Chunks are missing from curbs and huge gaps are appearing between sidewalks and driveways and garages and driveways. |
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Good intentions Could Make Texas HOA Bad Business Legal |
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Wednesday, 11 May 2011 |
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HOA Reform or a Lucrative Funded Mandate
In response to a multitude of major news reports depicting abusive actions by Home Owners Associations (HOA), boards and vendors, Texas lawmakers have seen some sixty (60)) plus reform bills filed. Although the intent may be good, some of these bills may well enable an unrestrained funded mandate to siphon more money from homeowner for the benefit of builders, developers and management companies. |
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