Business

Pages

3:24pm

Wed May 9, 2012
Economy

Foreclosure Review Is Free, But Few Borrowers Apply

Originally published on Wed May 9, 2012 5:19 pm

Credit Damian Dovarganes / AP

It's been more than six months since government regulators and banks first extended an offer to 4.3 million homeowners facing foreclosure: to review, at no cost, the foreclosure process to check for any possible errors or misrepresentations.

Homeowners stand to collect compensation of as much as $100,000 if errors are found. But thus far, only a tiny percentage of those eligible have signed up.

'Not Enough Folks Have Signed Up'

Read more

1:57pm

Wed May 9, 2012
News

Government Job Cuts Threaten Black Middle Class

Originally published on Wed May 9, 2012 2:58 pm

Credit Andrew Harrier / Bloomberg via Getty Images

The planned downsizing of the U.S. Postal Service, which wants to shed thousands of jobs and reduce hours at post offices, struck Baltimore native Eric Easter at his core.

For him, it will mark the end of an era in which a post office job has meant stability and a path to a better life, as it did for him and his six siblings living in public housing in the 1960s.

Read more
Tags: 

Pages