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Military veteran diagnosed with PTSD receives free Tavares home
TAVARES — When five-year military veteran Glen Goings crossed the threshold of his new mortgage-free home, he could only describe the experience in one word: overwhelming. Goings, 35, who qualified for a free house in part because of a service-...
Tags: Behavioral Conditions, Afghanistan, Post-traumatic Stress Disorder , Banking, Mortgages
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Wells Fargo to spend more than $40 million to settle fair-housing complaint
One of the nation's largest banks will spend $27 million to help minority communities that have been especially hard-hit by home foreclosures — including some around Orlando — in a deal announced Thursday by the National Fair Housing Alliance....
Tags: U.S. Department of Housing and Urban Development, Fort Lauderdale, Foreclosures, Corporate Officers, Banking
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Wells Fargo settles allegations over foreclosed homes
Tribune staff reporterThe National Fair Housing Alliance and 13 of its members, including two suburban Chicago groups, will receive $27 million from Wells Fargo to resolve a 14-month-old federal housing discrimination complaint that alleged the bank took better care of its...Tags: U.S. Bancorp, U.S. Department of Housing and Urban Development, Foreclosures, Washington, DC
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$1,480 checks going out to more than 72,000 foreclosed Floridians
More than 72,000 eligible Floridians who lost their homes to foreclosure from 2008 to 2011 will receive $1,480 from the landmark mortgage settlement involving the nation's five largest mortgage lenders, Florida Attorney General Pam Bondi announced. The...Tags: Crime, Law and Justice, Lynn University, Lawyers, Federal Reserve, Financial and Business Services
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City Council adopts rules to protect renters in foreclosures
Tribune staff reporterThe Chicago City Council voted 45-4 Wednesday to adopt a Keep Chicago Renting ordinance that will require most entities that take ownership of foreclosed rental buildings to offer legitimate tenants rent-controlled leases for as long as they own the...Tags: Richard F. Mell, Condos and Houses, Chicago City Council, Auction Service, Proco Joe Moreno
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CNET founder Halsey Minor files for bankruptcy
Halsey Minor, the CNET founder who accumulated a fortune in the tech industry, has filed for bankruptcy in Los Angeles. In the personal bankruptcy filing May 24, Minor cited $50 million to $100 million in liabilities with 60 creditors, and assets of $10...
Tags: Sotheby's Holdings Incorporated, Internal Revenue Service, Financially Distressed Companies, Bankruptcy, HSBC Holdings plc
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Fashion retailer Zara to open downtown L.A. store
Spanish retailer Zara is coming to downtown Los Angeles, bringing a dash of fast fashion to a district increasingly pegged as a potential shopping powerhouse. The 27,000-square-foot store that the trendy chain plans to open in the Figat7th shopping...
Tags: Target, Clothing, Acne, Entertainment, Fashion Trends
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Small businesses added 58,000 jobs in May, report says
Small businesses added 58,000 employees in May with overall private-sector employment increasing by 135,000, according to the ADP National Employment Report. The number of jobs added is up from 49,000 in April, but down from 72,000 in March. Last May...
Tags: Business, Small Businesses
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Family of unarmed man killed by Downey officer to get $4.5 million
The family of an unarmed man killed by a Downey police officer with a submachine gun in a case of mistaken identity has agreed to a $4.5-million settlement with the city's insurer. Michael Nida, 31, was fatally shot in the back Oct. 22, 2011, by Officer...
Tags: Crime, Law and Justice, Theft, U.S. Department of Justice, Lawyers, Google+
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South Bend woman hurt in early morning shooting admitted role in tax scheme
SOUTH BEND — A woman targeted in a pre-dawn shooting today had recently admitted that she led a scheme that used bogus tax returns to defraud the government of hundreds of thousands of dollars. Gigi M. Riley, 32, was shot twice about 4:14 a.m. at...
Tags: 1st Source Corp., Crime, Law and Justice, Court Preliminary, Politics, Lawyers
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Floridians get so far more than $8.6B from mortgage settlement
Sun SentinelThe historic settlement involving the nation's five largest mortgage lenders has so far helped nearly 112,000 struggling Florida homeowners for an average $77,341 in relief, according to a new report released Tuesday. The relief so far totals more...Tags: JPMorgan Chase & Co., Human Interest, Banking, Mortgages, Pam Bondi
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