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News :

Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
National mortgage-foreclosure activity in April decreased 5 percent from March and was down 14 percent from April 2011, according to a report by RealtyTrac released Thursday. One in every 698 US housing units had a foreclosure filing during the month.

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Maine budget cuts target Medicaid
Foster's Daily Democrat
PORTLAND, Maine ? Tricia Clark will keep her fingers crossed when the Legislature reconvenes this week and takes up a budget plan that calls for sharp cuts in Medicaid and health care spending. Clark, 19, stands to lose out when the Legislature votes ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills. Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West ...

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Rep. Cummings Introduces Bill to Improve Protections for Service Members ...
Targeted News Service (subscription)
Elijah Cummings, D-Md., has introduced legislation (HR 5747) to amend the Servicemembers Civil Relief Act to "improve the protections for service members against mortgage foreclosures." The bill was introduced on May 15 and has nine co-sponsors.

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EDITORIAL: Morgan Gives Fresh Urgency to Volcker Rule
LoanSafe
(Source: Sun Journal, Lewiston, Maine (MCT) ? There is a very good reason the US government regulates banks: Taxpayers guarantee their deposits, something we started doing after the Great Depression. The downside is that when really big bankers make ...

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Bangor council votes to take Pearl Street house, extend outdoor drinking hours
Bangor Daily News
The couple owes $133074 in mortgage and tax payments. Buy Photo By Andrew Neff, BDN Staff BANGOR, Maine ? The City Council sent a clear sign Monday night that it's the end of the road for a Bangor couple that owes $133074 in mortgage and tax payments.

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Maine budget cuts target Medicaid
Seacoastonline.com
By Clarke Canfield AP PORTLAND, Maine ? Tricia Clark will keep her fingers crossed when the Legislature reconvenes this week and takes up a budget plan that calls for sharp cuts in Medicaid and health care spending. Clark, 19, stands to lose out when ...

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Ellendale man sentenced to 6 years in prison
Albert Lea Tribune
The criminal activity took place under the business names Blackstone Sales and Maine Estates. His partner was mortgage broker Richard Mathew Laho, 55, of Buffalo. According to a news release from the US Attorney's Office, Prieskorn admitted he and Laho ...

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Press Herald

Maine budget cuts target Medicaid
Press Herald
Paul LePage speaks at the Maine GOP convention. In his effort to cut state spending, Gov. LePage proposed revamping the stateís Medicaid program. Supporters of the cuts say spending is unsustainable and that Maine provides Medicaid coverage to 35 ...

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Morning Sentinel

Maine budget cuts target Medicaid
Morning Sentinel
Paul LePage speaks at the Maine GOP convention. In his effort to cut state spending, Gov. LePage proposed revamping the stateís Medicaid program. Supporters of the cuts say spending is unsustainable and that Maine provides Medicaid coverage to 35 ...

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CIVIL FILINGS: Jefferson County
West Virginia Record
* Plaintiff claims violation of the West Virginia Consumer Credit and Protection Act. Seeks costs minimum of $74999.99. Melinda D. Hedden vs. Saxon Mortgage Services Inc. * Plaintiff claims violation of the West Virginia Consumer Credit and Protection ...



Credit card and mortgage debt down, but so are scores
Puget Sound Business Journal
In some states mortgage debt fell more -- it dropped 7 percent in both Mississippi and Tennessee, and fell 6 percent in South Carolina, West Virginia and Wisconsin. Nationwide, home equity debt fell and so did student loan debt, but auto loan debt ...

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Edgewood Summit gets almost $9M for expansion
Charleston Gazette
The West Virginia Economic Development Authority authorized an $8.75 million mortgage revenue bond issue Thursday to pay for the project. Edgewood Summit will put equity in the project to make up the nearly $4 million difference, said Diane Gouhin, ...



C&F Financial Corporation Announces Quarterly Dividend
Sacramento Bee
By C&F Financial Corporation WEST POINT, Va., May 16, 2012 -- /PRNewswire/ -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI), the one bank holding company for C&F Bank, has declared a regular cash dividend of 26 cents per common ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West Virginia have not been as specific as to where they are diverting the funds. Vermont, Connecticut, Pennsylvania, Minnesota, Mississippi, Alabama and Oregon have not announced how ...

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Consumer protection office opens in W.Va.
Graffiti
AP MARTINSBURG, W.Va. (AP) ? West Virginia's attorney general's office has opened a consumer protection office in Martinsburg to serve the Eastern Panhandle. Opened Tuesday, the office will help bridge residents in that part of the state with consumer ...

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Martinsburg workshop aims to help those struggling with mortgages
The Herald-Mail
Residents should bring all of their home mortgage-related documents to today's workshop, which will be from 10 am to 7 pm at the newly opened West Virginia attorney general's Eastern Panhandle office at 269 Aikens Center. Deputy Attorney General Jill ...



C&F FINANCIAL CORPORATION : Announces Quarterly Dividend
4-traders
WEST POINT, Va., May 16, 2012 /PRNewswire/ -- The board of directors of C&F Financial Corporation (NASDAQ:CFFI), the one bank holding company for C&F Bank, has declared a regular cash dividend of 26 cents per common share, which is payable July 1, ...

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Hawaii's average credit card debt declined 4% in April
Bizjournals.com
Hawaii homeowners had the highest mortgage debt in the nation in April, with an average of $310199, CreditKarma.com said. California had the second highest mortgage debt at $303745, while West Virginia residents had the lowest average mortgage debt at ...

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WV Attorney General opens Martinsburg office
State Journal
To help improve the region's access to consumer protection resources, West Virginia Attorney General Darrell McGraw recently opened a Martinsburg-based branch of the attorney general's office. During During the grand opening ceremony, residents got the ...

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News :

Mortgage Holder Lands Wilson Estates Buildings
LoanSafe
(MCT) ? Three foreclosed office buildings at Wilson Estates went to their mortgage-holder at a sheriff's sale on Wednesday. Representatives of BACM2006-5 Wichita Offices LLC took over ownership of what are known as the Bank of Kansas building, ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills. Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West ...

and more »


Mortgage holder lands Wilson Estates buildings
Kansas.com
By Dan Voorhis Three foreclosed office buildings at Wilson Estates went to their mortgage-holder at a sheriff's sale on Wednesday. Representatives of BACM2006-5 Wichita Offices LLC took over ownership of what are known as the Bank of Kansas building, ...

and more »


US housing starts rose to 717000 in April
Green Bay Press Gazette
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

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US builders started work on more homes in April, reflecting growing confidence ...
Newser
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and... (Associated Press) Construction workers build an ...

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US housing starts rose to 717000 in April
Rochester Democrat and Chronicle
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


US housing starts rose to 717000 in April
Montgomery Advertiser
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


US housing starts rose to 717000 in April
Kansas.com
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


US housing starts rose to 717000 in April
The Courier-Journal
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


Atlanta Journal Constitution

US housing starts rose to 717000 in April
Atlanta Journal Constitution
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


KSDK

Local woman sentenced for scamming Hawaiian homeowners
KSDK
St. Louis (KSDK) - A St. Louis woman has been sentenced for scamming more than 80 people in Hawaii. Marien Brown was sentenced to 18 months in prison and ordered to pay $250000 in restitution for falsely operating a "mortgage rescue" service.

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KMOX.com

Local Woman Sentenced Involving Mortgage Foreclosure Scam
KMOX.com
Brown researched and identified groups of vulnerable homeowners in Hawaii that were one or more mortgage payments behind, or were in imminent risk of home foreclosure, and sent out a large number of unsolicited mailings to prospective clients claiming ...

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Wentzville Woman Sentenced in $250000 Credit Scam
Patch.com
Brown researched and identified groups of homeowners in the state of Hawaii that were one or more mortgage payments behind, or were in imminent risk of home foreclosure. She then sent out a large number of unsolicited mailings to prospective clients ...

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Federal Lawmakers Should Curb Excesses at Government-Backed Banks and Protect ...
Hawaii Reporter
The primary mission of the CFPB is to protect consumers when dealing with financial institutions, whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Hawaii's average credit card debt declined 4% in April
Bizjournals.com
Hawaii homeowners had the highest mortgage debt in the nation in April, with an average of $310199, CreditKarma.com said. California had the second highest mortgage debt at $303745, while West Virginia residents had the lowest average mortgage debt at ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Mississippi ($4232), Louisiana ($4504) and Alabama ($4811) have the least amount of credit card debt while Connecticut ($6876), Hawaii ($7090) and Alaska ($7096) have the most. Montana paid down its credit card debt the most at 11% to $5572.

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

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Credit Karma: Card and mortgage debt down, but so are scores
Bizjournals.com
In California in April, the average consumer had $5674 in credit card debt, $303745 in mortgage debt (higher than any state except Hawaii, with $310199), $15439 in auto debt, $29069 in student loans and a typical credit score of 676.

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »